GlobalSCAPE Financial Press Releases

GlobalSCAPE Announces Third Quarter Fiscal 2009 Financial Results

11/10/2009 12:00:00 AM

Increases Revenue 15% and Net Income 153% compared with 3Q 2008

SAN ANTONIO - GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, today announced financial results for its third quarter of fiscal year 2009, ended September 30, 2009.

Revenue was $4.3 million, an increase of 15 percent when compared with revenue of $3.7 million in the same quarter last year. Net income for the third quarter was $576,000, or $0.03 per diluted share. This is an increase of 153 percent compared with net income of $227,000, or $0.01 per diluted share, in the same period a year ago. Cash and short term investments grew to $10.1 million, representing an 11 percent increase from the second quarter of this year and a 60 percent improvement since the end of fiscal 2008.

"We had a tremendous third quarter in all respects," said Jim Morris, GlobalSCAPE president and CEO. "Our strong performance is undeniable. While many companies continue to contract in this economy, we have grown revenue, improved earnings, and added cash while sustaining our strategic investments in people and product development," Morris continued. "From our position of financial and market strength, we are continuing to examine and pursue a number of organic and non-organic growth opportunities in our current and adjacent markets as we look to expand our business."

Quarterly Highlights
During the third quarter, GlobalSCAPE continued to execute its strategy of growth through industry partnerships, certifications, improvements to existing products, and introduction of new products.

In July, GlobalSCAPE announced a partnership with nuBridges, a leading provider of secure eBusiness solutions. Complementing GlobalSCAPE's solutions for securing data in motion, nuBridges Protect offers protection for sensitive data at rest in databases, applications, and associated backup storage. By strengthening its solution suite with nuBridges products, GlobalSCAPE's customers can execute a more comprehensive information security strategy that accounts for data in motion and at rest, across multiple enterprise platforms. The relationship with nuBridges also provides GlobalSCAPE with additional cross-selling opportunities into the Company's considerable enterprise customer base.

During September, GlobalSCAPE announced multiple small business program registrations which the Company believes will allow it greater opportunities to pursue sales to the federal government. By law, the government directs at least 23 percent of all government buying to small firms and federal agencies are required to establish specific small business contracting goals negotiated with the Small Business Administration. As defined by Part 19 of the Federal Acquisition Regulations, the purpose of small business set-asides is to award certain acquisitions exclusively to small business concerns. The SBA also has advisors who assist small businesses in identifying and contracting for certain government business opportunities.

The federal systems integrators confirming GlobalSCAPE's small business registration include Northrop Grumman, Booz Allen Hamilton, Accenture, SAIC, EDS, and ManTech. In addition, GlobalSCAPE announced registration with the Department of the Army Office of Small Business Programs (Washington, D.C.), U.S. Navy Air Systems Command (Patuxent River, MD), U.S. Navy Military Sealift Command (Washington, D.C.), and U.S. Marine Corps Systems Command (Quantico, VA). By coordinating directly with such agencies, GlobalSCAPE is able to identify small business set-aside opportunities and work with designated small business advisors to pursue teaming opportunities for larger contracts.

Throughout the third quarter, GlobalSCAPE also released improved versions of its current products, while continuing to research and develop additional solutions. The enhancements made by GlobalSCAPE's engineering team have resulted in improved product performance and customer satisfaction, building on the Company's prior successes in these areas. As a result of these ongoing initiatives, GlobalSCAPE has reduced service call volume and has recorded customer satisfaction, per a formal survey, of greater than 98 percent. GlobalSCAPE declined comment on specific new solutions under development, but referenced an internal product roadmap extending into 2011. "Our go-to-market process has several phases and gates," said Morris. "We have both internal and external initiatives under way throughout our roadmap for the next 12 to 18 months."

In late September, Gartner Group positioned GlobalSCAPE as a leader in the Gartner Magic Quadrant for Managed File Transfer. The Gartner report cited GlobalSCAPE's strengths, such as having a broad solution portfolio including managed and ad hoc file delivery. In addition, the report noted that GlobalSCAPE has won high-profile contracts with the U.S. Army and other government agencies, and obtained industry validations and certifications. "The Gartner Magic Quadrant release was the first in a series of recognitions and awards received by GlobalSCAPE in recent weeks," continued Morris. "We are firing on all cylinders and appreciate industry recognition of our accomplishments and business outlook."

Conference Call Today At 4:30 p.m. ET
GlobalSCAPE management will hold a conference call today to discuss the third quarter fiscal 2009 financial results and other corporate matters at 4:30 p.m. Eastern Time/3:30 p.m. Central Time. Those wishing to join should dial 1-800-380-1061 and use Conference ID# 36255701. A live webcast of the conference call will also be available in the investor relations page of the company's website at http://www.globalscape.com. A webcast replay of the conference call will be available on the Company's website through December 10, 2009.

About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San Antonio, TX, is a global provider of managed file transfer (MFT) and wide area file services (WAFS) solutions for securely exchanging critical information over the Internet, within an enterprise, and with business partners. Since the release of CuteFTP in 1996, GlobalSCAPE's solutions have continued to evolve to meet the business and technology needs of an increasingly interconnected global marketplace. For more information about GlobalSCAPE's products, visit http://www.globalscape.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words "would," "exceed," "should," "anticipates," "believe," "steady," "dramatic," and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's Annual Report on Form 10-K for the 2008 calendar year, filed with the Securities and Exchange Commission on March 31, 2009.

GlobalSCAPE to Announce Third Quarter Fiscal Year 2009 Financial Results on Tuesday, November 10, 2009

10/23/2009 12:00:00 AM

SAN ANTONIO - GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, today announced it will report financial results for its third quarter of fiscal year 2009 on Tuesday, November 10, 2009 at 3:30 p.m. Central Time.

Date: Tuesday, November 10, 2009

Time: 4:30 p.m. ET/3:30 p.m. CT

Dial-in: 800-380-1061

Conference ID: 36255701

A webcast of the conference call will be available in the Investors section of GlobalSCAPE's website at http://www.globalscape.com. A webcast replay will be available on the Company's website through December 10, 2009.

GlobalSCAPE Named to Deloitte's 2009 Technology Fast 500

10/20/2009 12:00:00 AM

Honor Based on 220% Five-Year Revenue Growth

SAN ANTONIO - GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, today announced that it has been named to Deloitte's Technology Fast 500™, a ranking that recognizes the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The Technology Fast 500™ companies were selected on the basis of their five-year revenue growth percentage, an indication of recent growth.

In 2004, GlobalSCAPE reported revenues of $4,930,660, compared with 2008 revenues of $15,792,242; that represents 220% growth over the five-year span. The company's customer base includes most of the Fortune 100, many local and state governments, the U.S. Army and over 1.5 million consumer users. GlobalSCAPE has won multi-million deals with the U.S. Army supporting the Single Army Logistics Enterprise (SALE) initiative, including an order in April 2009. The Army's SALE initiative focuses on upgrading the information technology that tracks personnel, equipment, munitions and other supplies throughout the worldwide logistics pipeline.

According to Jim Morris, president and CEO of GlobalSCAPE, the company's rapid growth is a testament to its employees, who are continually delivering innovative managed file transfer (MFT) products and services for the company's growing enterprise customer base. "Over the last five years, we have seen the MFT market grow rapidly as compliance and regulatory mandates have become the norm for many organizations," said Morris. "These changes have put huge demands on enterprise customers to adopt secure MFT offerings that provide end-to-end information tracking and reporting. IT budgets have also decreased during the same time period, putting further pressure on IT professionals to find solutions that are easy to deploy and require minimal IT support. We're very proud to be honored by Deloitte for our growth during these past five years."

"Deloitte's Technology Fast 500™ recognizes innovative companies that have broken down barriers to success and defied the odds with their remarkable five-year revenue growth," said Phil Asmundson, Vice Chairman and U.S. Technology, Media and Telecommunications leader, Deloitte LLP. "We congratulate GlobalSCAPE on this accomplishment."

GlobalSCAPE's Managed File Transfer products, including Enterprise File Transfer Server™, Secure FTP Server™ and its industry-leading CuteFTP® product family, allow organizations to intelligently and securely manage sensitive information in motion and at rest, across multiple locations and with customers and business partners. GlobalSCAPE also provides Wide Area File Services (WAFS) solutions that help customers collaborate across wide area networks at local area network speeds. GlobalSCAPE's MFT and WAFS solutions ensure the highest levels of compliance with government data security and privacy regulations, along with corporate security policies and mandates.

To be eligible for the 2009 Deloitte Technology Fast 500, companies must have posted 2004 operating revenues of at least $50,000 and 2008 operating revenues of at least $5 million. Revenues must have more than doubled during the five-year period. In addition, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of operating revenues, or the company must devote a significant proportion of revenues to research and development of technology.

About Deloitte
As used in this document, "Deloitte" means Deloitte LLP. Please see http://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

GlobalSCAPE Named among Top 50 Companies in Survey of Best Places to Work

10/12/2009 12:00:00 AM

SAN ANTONIO - GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, today announced that it ranked among the top 50 workplaces in San Antonio for 2009 by the San Antonio Express-News. The full list and ranking was noted in the Express-News Special Edition Top Workplaces 2009 publication on October 11, 2009.

The 50 companies were selected on the basis of a comprehensive analysis conducted by Workplace Dynamics, LLC, in a survey to employees throughout San Antonio. Qualities measured include company leadership, compensation and training, workplace flexibility, and diversity.

"We're excited to be recognized by our employees for building the company culture that we envisioned a year ago." said Andrea Farmer, Director of Human Resources for GlobalSCAPE. "Being named to this list for the first time is very rewarding because it confirms that we are meeting our goal of becoming a world-class workplace. It's also a good testament to our leadership, especially our president, Jim Morris, who just finished his first year at GlobalSCAPE."

GlobalSCAPE embarked on many new workplace initiatives over this year including new office space build-outs; employee recognition and performance review programs; and enhanced health care and employee stock option benefits, which ranked second on the list of what employees look for from employers. "Keeping happy and thriving employees is critical to having satisfied customers," said Jim Morris. "We've worked hard to create an environment where employees feel a sense of ownership in their jobs and are rewarded for making a difference. This ownership and freedom has a direct impact on our business strength and overall customer success."

This ranking also follows GlobalSCAPE's recent recognition as a Leader in Gartner Group's 2009 Magic Quadrant for Managed File Transfer (MFT). The company has also experienced record growth over the last five years with revenues increasing 220%.

GlobalSCAPE's solutions, including Enhanced File Transfer Server™, Secure FTP Server™, Wide Area File Services (WAFS), and its industry-leading CuteFTP® product family, allow organizations to intelligently and securely manage sensitive information in motion and at rest, across multiple locations and with customers and business partners. These solutions ensure the highest levels of compliance with government data security and privacy regulations, along with corporate security policies and mandates.

About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San Antonio, Texas, is a global provider of managed file transfer (MFT) solutions for securely exchanging critical information over the Internet, within an enterprise, and with business partners. Since the release of CuteFTP in 1996, GlobalSCAPE's solutions have continued to evolve to meet the business and technology needs of an increasingly interconnected global marketplace. For more information about GlobalSCAPE's products, visit www.globalscape.com.

GlobalSCAPE Announces Second Quarter Financial Results

8/12/2009 12:00:00 AM

SAN ANTONIO - GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure file transfer solutions, today announced financial results for its second quarter of fiscal year 2009, ended June 30, 2009.

Revenue was $4.7 million, an increase of 12 percent when compared with revenue of $4.2 million in the same quarter last year. Net income for the second quarter was $943,000, or $0.05 per diluted share. This is an increase of 223 percent compared with net income of $292,000, or $0.02 per diluted share, in the same period a year ago. Cash and short term investments grew to $9.1 million, from $6.2 million at the end of the first quarter, a 46 percent increase.

"By all key measures, our second quarter results are extremely impressive," said Jim Morris, GlobalSCAPE president and CEO. "We have increased revenue, earnings, and cash, even during the economic downturn, while sustaining our strategic investments. We also extended our relationship with the U.S. Army, established additional strategic partnerships, and continued to enhance our solutions through new product releases," Morris continued. "We are well positioned to continue executing our business plan with our market momentum, current and planned solution portfolio, leadership team, and substantial cash reserves."

Quarterly Highlights
In April, GlobalSCAPE announced another multi-million dollar order from the U.S. Army. The $2.7 million order included new product licenses as well as 36 months of associated maintenance and support services. GlobalSCAPE previously announced substantial orders from the Army in September 2005 and May 2007. The Army has deployed GlobalSCAPE's secure file transfer solutions since 2005 as part of the Single Army Logistics Enterprise (SALE). SALE is an Army initiative focused on upgrading the information technology that tracks personnel, equipment, munitions, and other supplies for worldwide logistics.

The Army programs within SALE deliver a fully integrated IT environment that establishes, sustains, and generates warfighting capability, including integration with the other military branches. "Army requirements for secure information exchange and interoperability are very similar to those of other military branches and federal agencies," stated Morris. "We intend to increase our support to Army warfighters while also working with partners to pursue other similar opportunities within the Department of Defense and the broader national security community, as previously announced."

During May, GlobalSCAPE announced a partnership with Intelligent Decisions, Inc., a $250 million IT solutions provider with headquarters in Ashburn, Virginia. Under the terms of the agreement, Intelligent Decisions will resell and integrate GlobalSCAPE's solutions within the federal government. The partnership with Intelligent Decisions complements GlobalSCAPE's partnership with Carahsoft Technology Corporation, announced in March 2009. "We have established partnerships with highly capable leaders in the government sector," continued Morris. "Partnering is a great way to increase our market footprint within the government, where our growing reputation, certifications, and financial stability already have positioned us well against the competition."

In June, GlobalSCAPE released the latest version of the Wide Area File Services (WAFS) software. WAFS now includes support for the Autodesk® Revit® Architecture construction and design application, along with broader enhancements that improve data replication performance and collaboration capabilities. Autodesk Revit Architecture is a market leading solution that provides design, construction planning, and fabrication collaboration. WAFS facilitates design collaboration across multiple offices or geographical locations by replicating data intelligently across wide area networks.

"This new WAFS software release represents more than a year of development effort," stated Morris. "We are continuing our previously announced campaign to contact legacy WAFS customers, with offers to upgrade, while also aggressively pursuing new customers, so we potentially can leverage the Obama administration's economic stimulus package that includes more than $80 billion in funding for infrastructure development projects."

Conference Call Today At 4:30 p.m. ET
GlobalSCAPE management will hold a conference call today to discuss the second quarter fiscal 2009 financial results and other corporate matters at 4:30 p.m. Eastern Time/3:30 p.m. Central Time. Those wishing to join should dial 1-800-380-1061 and use Conference ID # 19367659. A live webcast of the conference call will also be available in the investor relations page of the company's website at www.globalscape.com. A webcast replay of the conference call will be available on the Company's website through September 12, 2009.

About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San Antonio, TX, is a global provider of managed file transfer (MFT) solutions for securely exchanging critical information over the Internet, within an enterprise, or with business partners. Since the release of Cute FTP in 1996, GlobalSCAPE's solutions have continued to evolve to meet the business and technology needs of an increasingly interconnected global marketplace. For more information about GlobalSCAPE's products, visit www.globalscape.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words "would," "exceed," "should," "anticipates," believe," "steady," "dramatic," and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's Annual Report on Form 10-K for the 2008 calendar year, filed with the Securities and Exchange Commission on March 31, 2009.

GlobalSCAPE To Announce Second Quarter Fiscal Year 2009 Financial Results

7/29/2009 12:00:00 AM

SAN ANTONIO - GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, today announced it will report financial results for its second quarter of fiscal year 2009 on Wednesday, August 12, 2009 at 3:30 p.m. Central Time.

Date: Wednesday, August 12, 2009
Time: 4:30 p.m. ET/3:30 p.m. CT
Dial-in: 800-380-1061
Conference ID: 19367659

A webcast of the conference call will be available in the Investors Relations section of GlobalSCAPE's website at www.globalscape.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words "would," "exceed," "should," "anticipates," believe," "steady," "dramatic," and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's Annual Report on Form 10-K for the 2008 calendar year, filed with the Securities and Exchange Commission on March 31, 2009.

GlobalSCAPE® and nuBridges® Team to Protect Sensitive Data in Motion and at Rest

7/22/2009 12:00:00 AM

Combined Offerings Help Enterprises Meet Growing Cybersecurity Challenges

SAN ANTONIO - GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, today announced a partnership with nuBridges, a leading provider of secure eBusiness solutions, that will significantly extend the breadth of business-to-business (B2B) information security solutions available for enterprise customers. Under the terms of this new agreement, GlobalSCAPE will offer the award-winning nuBridges Protect^TM and nuBridges Exchange^TM solutions to its customers, and the two companies will share the sales revenue.

Complementing GlobalSCAPE’s solutions for securing data in motion, nuBridges Protect offers protection for sensitive data at rest in databases, applications, and associated backup storage. nuBridges Protect was recently proclaimed the winner of the 2009 Global Excellence in Compliance Solution Award by the Info Security Products Guide. The nuBridges Exchange solution helps companies establish a secure B2B Gateway that supports automated and ad hoc file exchanges, a broad variety of protocols, robust trading partner management, and internal file transfer. It also provides a visibility console for management, compliance, and auditing across all file transfer events.

By strengthening its solution suite with nuBridges products, GlobalSCAPE’s customers can execute a more comprehensive information security strategy—one that accounts for data in motion and at rest, across multiple enterprise platforms. The combined offerings help companies comply with mandates such as the Payment Card Industry’s Data Security Standard (PCI DSS) and other industry and government data security and privacy laws. Further, nuBridges’ proven solutions will now be available to GlobalSCAPE’s broad audience of global enterprise customers.

The market need for comprehensive information security solutions, like those provided by GlobalSCAPE and nuBridges, continues to grow. The 2009 Verizon Data Breach report revealed that more electronic records were breached last year than in the four consecutive years preceding it. In addition, the U.S. Government's recent Cyberspace Policy Review also highlighted information security challenges for the public and private sectors.

“We’re pleased to have established a close relationship with a market leader in managed file transfer,” said Paul Olson, CEO of nuBridges. “With its proven expertise in securing data in motion and strong customer base — including virtually all of the Fortune 100 — GlobalSCAPE will be an excellent advocate for nuBridges’ software and services.”

“With increasing demand among corporations and governments worldwide to improve their information security posture, the timing is ideal to partner with nuBridges. We share a vision of providing a practical, auditable, and highly secure solution suite for data at rest and in motion,” said Jim Morris, GlobalSCAPE’s CEO. “nuBridges is an expert in this arena and our customers will greatly benefit from having these award-winning products.”

About nuBridges
nuBridges is a leading provider of software and services to protect sensitive data at rest and in transit, and to transfer data internally or externally with end-to-end security, control and visibility. nuBridges encryption, key management, managed file transfer and B2B integration solutions are used to comply with security mandates and to digitally integrate business processes among enterprises, systems, applications and people. Over 3,000 customers depend on nuBridges secure eBusiness solutions to encrypt millions of credit cards, exchange billions of dollars in B2B transactions and enable countless business-critical file transfers including Walmart, Amazon.com, Timberland, American Eagle Outfitters, Belk, Bon Ton, Wachovia, Sun Trust, AIG, CheckFree and Verizon. nuBridges is headquartered in Atlanta, Georgia, USA. More information is available at www.nubridges.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words “would,” “exceed,” “should,” “anticipates,” believe,” “steady,” “dramatic,” and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company’s Annual Report on Form 10-K for the 2008 calendar year, filed with the Securities and Exchange Commission on March 31, 2009.

GlobalSCAPE Partners with Intelligent Decisions in Government IT Market

5/27/2009 12:00:00 AM

Companies Establish Relationship to Deliver Solutions to National Security Customers

SAN ANTONIO--GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, today announced a partnership with Intelligent Decisions, Inc., a $250 million IT solutions provider with headquarters in Ashburn, Virginia. Under the terms of the agreement, Intelligent Decisions will resell and integrate GlobalSCAPE’s solutions within the federal government. “Intelligent Decisions has a 20-year track record of growth and success within the government IT market. Their market footprint is particularly large within intelligence agencies and other national security organizations requiring secure information exchange solutions,” stated Jeff Gehring, GlobalSCAPE Vice President of Sales.

GlobalSCAPE has made significant inroads into the government IT market in recent years. Last month, the company announced another multi-million dollar contract with the U.S. Army for secure file transfer solutions. GlobalSCAPE previously has announced several software certifications and validations necessary to support widespread adoption by government customers. “GlobalSCAPE has been delivering market leading secure file transfer solutions for more than 10 years. Their multiple, large contract wins within the Department of Defense demonstrate the strength of the company’s solutions. We look forward to pursuing additional business opportunities and leveraging GlobalSCAPE’s experience and strengths into our customer base,” said Roy Stephan, IT Architecture and Engineering Director for Intelligent Decisions.

The partnership with Intelligent Decisions complements GlobalSCAPE’s previously announced partnership with Carahsoft Technology Corporation. “The Carahsoft relationship supports rapid, streamlined procurement by government customers, principally through Carahsoft’s GSA Schedules and other established government contract vehicles,” Gehring noted. “Intelligent Decisions is a value-added reseller and integrator with access to a variety of specialized government contract vehicles and awarded prime contracts. With our recent partnerships, we have established much stronger industry relationships across the government sector.”

Gehring indicated that GlobalSCAPE intends to grow its government business significantly in the future. “We have substantial traction and momentum within certain areas of the DoD. Interoperability and security requirements should drive a greater degree of commonality among IT solutions deployed in direct support of warfighters and within the intelligence community,” Gehring continued. “We are pleased to be working with Intelligent Decisions to deliver solutions that will support other DoD and intelligence community customers as well as the broader national security community.”

About Intelligent Decisions

Headquartered in Ashburn, VA, Intelligent Decisions (ID), a premier systems integrator, provides a broad range of innovative, IT professional services, software, hardware and manufacturing solutions to Federal, State and Local governments and Fortune 1000 customers. Ranked on the VARBusiness 500 and the CRN Fast Growth 100, ID offers best-value pricing and helps clients meet their strategic goals and mission objectives. For more information, visit www.intelligent.net or call toll-free 800-929-8331.

About GlobalSCAPE

GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San Antonio, TX, is a global provider of managed file transfer (MFT) solutions for securely exchanging critical information over the Internet, within an enterprise, or with business partners. Since the release of CuteFTP in 1996, GlobalSCAPE's solutions have continued to evolve to meet the business and technology needs of an increasingly interconnected global marketplace. For more information about GlobalSCAPE's products, visit www.globalscape.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words “would,” “exceed,” “should,” “anticipates,” believe,” “steady,” “dramatic,” and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company’s Annual Report on Form 10-K for the 2008 calendar year, filed with the Securities and Exchange Commission on March 31, 2009.

GlobalSCAPE First Quarter Financial Results

5/13/2009 12:00:00 AM

SAN ANTONIO--GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of file transfer solutions, today announced financial results for its first quarter of fiscal year 2009, ended March 31, 2009.

Revenue was $3.2 million, a decline of 20 percent when compared with revenue of $4.1 million in the same quarter last year. Net loss for the first quarter was $244,000, or net loss of $0.01 per diluted share. This compares with net income of $152,000, or net income of $0.01 per diluted share, in the same period a year ago.

“Our first quarter results reflect the impact of the economic downturn on both consumer and business spending during the first part of the year,” said Jim Morris, GlobalSCAPE President and CEO. “As previously announced, we decided to continue making strategic investments in our business, even during the downturn, to ensure that we sustain the momentum necessary to excel as the economy strengthens. Our recent product announcements, contract wins, and partnerships validate this decision,” Morris continued. “We are looking forward to a profitable second quarter, and to extending our market leadership.”

Quarterly Highlights

In January, GlobalSCAPE announced a partnership with Network Automation to deliver a new workflow engine for EFT Server, the company’s enterprise information-sharing solution. The new workflow engine saves customers time and money as they develop workflows to streamline and automate complex processes involving file transfer.

In March, the company released EFT Server Version 6. This newest version of GlobalSCAPE’s flagship information-sharing solution reflected almost two years of cumulative development effort since the last major release of EFT Server in June 2007. No other managed file transfer product provides an equivalent level of compatibility with industry standards and support for regulatory compliance initiatives.

During March, GlobalSCAPE also announced a partnership with Carahsoft, a $300 million provider of IT solutions to the government sector. Through the Carahsoft partnership, government organizations can procure GlobalSCAPE’s solutions easily through long-term, pre-approved contract vehicles. The U.S. Army awarded GlobalSCAPE a $2.7 million U.S. Army contract, announced in April, using Carahsoft’s GSA Schedule.

“We added numerous new enterprise-level customers during the first quarter and expanded our presence in other customer IT environments during the first quarter,” Morris noted. “Customers have responded positively to our latest version of EFT Server, recognizing the powerful new features in this solution as well as the importance of our numerous certifications and validations awarded during the past year. We also have received increasing interest from other prospective partners within our industry and in adjacent market spaces.”

About GlobalSCAPE

GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San Antonio, TX, is a global provider of managed file transfer (MFT) solutions for securely exchanging critical information over the Internet, within an enterprise, or to business partners. Since the release of CuteFTP in 1996, GlobalSCAPE's solutions have continued to evolve to meet the business and technology needs of an increasingly interconnected global marketplace. For more information about GlobalSCAPE's products, visit www.globalscape.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words "would," "exceed," "should," "anticipates," "believe," "steady," "dramatic," and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties, and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's Annual Report on Form 10-K for the 2008 calendar year, filed with the Securities and Exchange Commission on March 31, 2009.

Summary Financial Data

GlobalSCAPE, Inc.
Statements of Operations
(Unaudited)

	Three months ended
	March 31, 2009	March 31, 2008
OPERATING REVENUE:
Software product revenues	$1,947,149	$2,889,058
Maintenance and support revenues	1,293,245	1,166,761

Total revenue	3,240,394	4,055,819

OPERATING EXPENSES:
Cost of revenues	51,916	30,025
SG&A expenses	2,583,135	2,981,809
R&D expenses	675,192	543,270
Depreciation and amortization	172,039	174,019
Total operating expenses	3,482,282	3,729,123


OPERATING (LOSS) INCOME	(241,888)	326,696

Other income (expense)	10,419	30,311

(LOSS) INCOME BEFORE INCOME TAXES	(231,469)	357,007

PROVISION FOR INCOME TAXES	12,973	205,074

NET (LOSS) INCOME	$ (244,442)	$ 151,933

Net (loss) income per common share – basic	$(0.01 )	$0.01
Net (loss) income per common share – diluted	$(0.01 )	$0.01
Weighted average shares outstanding:
Basic	17,227,371	17,322,827
Diluted	17,227,371	18,099,028

	March 31, 2009 (Unaudited)	March 31, 2008
Assets
Cash and cash equivalents	$6,221,773	$6,318,604
Accounts receivable, Net	1,787,263	2,021,293
Federal income tax receivable	125,529	19,244
Prepaid expenses	92,700	120,162
Total Current assets	8,227,265	8,479,303

Fixed assets, net	1,756,937	1,642,776
Intangible assets, net	1,058,618	1,134,000
Goodwill	619,065	619,065
Deferred tax asset	-	297,183
Other assets	52,458	47,581

Total assets	$11,714,343	$12,219,908


Liabilities and Stockholders Equity
Current liabilities:
Accounts payable	$454,885	$512,256
Accrued expenses	399,210	560,889
Deferred revenue	2,817,855	2,755,698
Deferred compensation	-	215,858
Total current liabilities	3,671,950	4,044,701

Deferred tax liability	329,621	545,169
Other long term liabilities	195,357	151,497
Commitments and contingencies	-	-

Stockholders’ equity:
Preferred stock, par value $0.001 per share, 10,000,000 authorized, no shares issued or outstanding	-	-
Common stock, par value $0.001 per share, 40,000,000 authorized, 17,630,952 issued at March 31, 2009 and December 31, 2008	17,631	17,631
Additional paid-in capital	10,020,696	9,737,380
Treasury stock, 403,581 shares, at cost,at March 31, 2009 and December 31, 2008	(1,451,805)	(1,451,805)
Retained deficit	(1,069,107)	(824,665)
Total stockholders’ equity	7,517,415	7,478,541

Total liabilities and stockholders’ equity	$11,714,343	$12,219,908

Contacts

GlobalSCAPE, Inc.
Mendy Marsh, CFO
210-308-8267
or
Summit IR Group, Inc.
Jim Fanucchi
408-404-5400
ir1@globalscape.com

Contact GlobalSCAPE

GlobalSCAPE Wins Additional Multi-Million Dollar U.S. Army Contract

4/29/2009 12:00:00 AM

SAN ANTONIO--GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, today announced it has received another multi-million dollar order from the U.S. Army for Secure FTP Server™ and CuteFTP®. The $2.7 million order includes new product licenses as well as 36 months of associated maintenance and support services. GlobalSCAPE previously announced substantial orders from the Army in September 2005 and May 2007.

The Army has deployed GlobalSCAPE's secure file transfer solutions since 2005 as part of the Single Army Logistics Enterprise (SALE). SALE is an Army initiative focused on upgrading the information technology that tracks personnel, equipment, munitions, and other supplies throughout the worldwide logistics pipeline. The Army programs within SALE deliver a fully integrated IT environment that establishes, sustains, and generates warfighting capability, including integration with the other military branches.

"We are very pleased to continue supporting the Army in delivering the secure information exchange solutions necessary to enable their mission-critical logistics systems," stated Jim Morris, GlobalSCAPE President and CEO. "GlobalSCAPE's role in developing and sustaining market-leading solutions that deliver distinct information advantages to our government and commercial customers is something we take very seriously. This is our third substantial contract award with the Army and further validates our business strategy to pursue the difficult software certifications and validations necessary to compete successfully in the government sector and within regulated commercial industries."

This most recent Army order builds on GlobalSCAPE's previously announced Certificate of Networthiness (CoN) from the U.S. Army Network Technology Command and Federal Information Processing Standards (FIPS) 140-2 validation. The CoN, announced in November 2008, enables Army installations worldwide to install and operate Secure FTP Server FIPS version 3 and CuteFTP Pro version 8. The FIPS 140-2 validation, announced in February 2008, is required by most government departments, including the Department of Defense, to protect the integrity of files that cross their networks. Similarly, companies in the healthcare, financial and manufacturing markets are under pressure to ensure that critical information is secure in transit and at rest.

GlobalSCAPE leveraged its partnership with Carahsoft, and their GSA Schedule, to streamline the Army procurement process and obtain the contract award. "Carahsoft is a $300 million company that is on a fast growth track in developing government business," continued Morris. "We look forward to working with them as we continue to grow our government business within the Army and other national security departments, as well as within other federal agencies."

About GlobalSCAPE

GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San Antonio, TX, is a global provider of managed file transfer (MFT) solutions for securely exchanging critical information over the Internet, within an enterprise, or to business partners. Since the release of CuteFTP in 1996, GlobalSCAPE's solutions have continued to evolve to meet the business and technology needs of an increasingly interconnected global marketplace. For more information about GlobalSCAPE's products, visit www.globalscape.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words "would," "exceed," "should," "anticipates," believe," "steady," "dramatic," and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's Annual Report on Form 10-K for the 2008 calendar year, filed with the Securities and Exchange Commission on March 31, 2009.