Monday, August 14, 2006
GlobalSCAPE Announces 2nd Quarter Results
SAN ANTONIO - GlobalSCAPE (OTCBB:GSCP), a leading developer of secure server and Enhanced File Transfer (EFT) Management solutions, today released financial results for the second quarter. Revenue for the quarter ending June 30, 2006 was $2,445,327, up 34% from Q2 of 2005. Net income for the quarter was $500,056.
"We are right on plan and expect to deliver on commitments made at our annual shareholders meeting: 1 - Continue our internal growth; 2 - Make a strategic acquisition; and 3 - Move to a national listing," stated Randy Poole, President and CEO. "We like our model and we like our game plan."
GlobalSCAPE provides secure file management software that enables companies to safely send data over the Internet. GlobalSCAPE's products guarantee the privacy of critical information such as the transfer of financial data, medical records, customer files, intellectual property, and other sensitive documents. GlobalSCAPE's file management software ensures compliance with government regulations on protecting information and allows enterprises to reduce IT costs, increase efficiency, track and audit transactions, and automate processes. GlobalSCAPE's products are used by leading technology, banking, healthcare, and public sector organizations and can be customized to fit various customer needs, creating a variety of solutions. In addition, GlobalSCAPE provides content management and website development tools. Founded in 1996, GlobalSCAPE is the developer of CuteFTP, the most popular file transfer protocol application on the market. GlobalSCAPE is headquartered in San Antonio, TX. For more information, please visit http://www.globalscape.com or call GlobalSCAPE toll-free at 800-290-5054 (US) or 210-308-8267 (international).