GlobalSCAPE’s Enhanced File Transfer™(EFT™) Named as a Category Leader in the G2 Winter Report for Managed File Transfer Category

SAN ANTONIO – December 18, 2019 – GlobalSCAPE, Inc. (NYSE American: GSB) a worldwide leader in the secure movement and integration of data, today announced that it was named as a category leader in the managed file transfer category in G2’s Winter Report for its Enhanced File Transfer™ (EFT™) software. 

GlobalSCAPE’s EFT™ has been identified as a leader and one of the best managed file transfer solutions based on high levels of customer satisfaction and likeliness to recommend ratings from real users on G2, the world’s leading business solutions review website.

GlobalSCAPE’s EFT™ achieved the leader ranking in the Winter Report by receiving positive reviews, from verified users compared to similar products in the managed file transfer category. For inclusion in the report a product must have received ten or more reviews. Currently, Globalscape has more than 25 positive reviews which aided in the selection process.

Most recently, Globalscape was named as a High Performer in the managed file transfer category for Fall 2019. 

“GlobalSCAPE is thrilled and excited to be named as a Leader for MFT. This is a testament to the product itself, user experience and exceptional support our organization strives to provide.  We are committed to providing solutions the market demands with future releases of GlobalSCAPE EFT™,” said Michael Canavan, Executive Vice President, Sales and Marketing.

To read all reviews, please visit Globalscape’s G2 page here.

About Globalscape:

GlobalSCAPE, Inc. (NYSE American: GSB) is a pioneer in securing and automating the movement and integration of data seamlessly in, around and outside your business, between applications, people and places, in and out of the cloud. GlobalSCAPE provides cloud services that automate your work, secure your data, and integrate your applications – while giving visibility to those who need it. GlobalSCAPE is committed to providing clients unmatched file transfer solutions that make business flow brilliantly. We do this through our commitment to integrity and respect for our clients, employees and community. 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," "expect," 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 the actual results of the operations or financial condition of the Company to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, the overall level of consumer spending on our products; general economic conditions and other factors affecting consumer confidence; disruption and volatility in the global capital and credit markets; the Company's ability to protect patents, trademarks and other intellectual property rights; any breaches of, or interruptions in, our information systems; legal, regulatory, political and economic risks in international markets; the results of our reduction in force; the discovery of additional information relevant to the internal investigation; the possibility that additional errors relevant to the recently completed restatement may be identified; pending litigation and other proceedings and the possibility of further legal proceedings adverse to the Company resulting from the restatement or related matters; the costs associated with the restatement and the investigation, pending litigation and other proceedings and possible future legal proceedings; and our decreased "public float" (the number of Shares owned by non-affiliate stockholders and available for trading in the securities markets) as a result of share repurchases. More information on potential risks and other factors that could affect the Company's financial results is included from time to time in the Company's public reports filed with the SEC, including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release and speak only as of the date hereof.

About G2:

G2, the world’s leading business solution review platform, leverages more than 790,000 user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, more than three million people visit G2’s site to gain unique insights.