Wednesday, April 29, 2009
GlobalSCAPE Wins Additional Multi-Million Dollar U.S. Army Contract
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
"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
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."
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
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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.