Friday, June 21, 2002
GlobalSCAPE CEO's Employment Terminated
SAN ANTONIO, TEXAS -- GlobalSCAPE, Inc. (OTCBB: GSCP), announced today that its Board of Directors has terminated the employment of Chief Executive Officer, Tim Nicolaou, and does not plan to fill the CEO position at this time. The company will be led by its President and Chief Operating Officer, Sandra Poole-Christal.
Ms. Poole-Christal commented, "Going forward, our strategic plans remain unchanged. We are focused on building value in the company by developing market-driven content management products and expanding current distribution channels."
About GlobalSCAPE, Inc.
GlobalSCAPE, Inc., founded in April 1996, is focused on the development, marketing and support of leading content management solutions. GlobalSCAPE's software products enable individuals and organizations to easily create, move and manage information over the Internet in a secure, collaborative environment. GlobalSCAPE produces high quality Web site development, file management and secure data delivery applications, and ensures a positive online buying experience and unparalleled customer support. GlobalSCAPE's award-winning programs are feature rich, designed with power and functionality in mind, yet easy-to-use to support power users and novices alike.