GlobalSCAPE Sets New Records For Q2 2007
13 Agosto 2007 - 9:00AM
Business Wire
GlobalSCAPE (AMEX:GSB), leading the market in the integration of
Managed File Transfer and Wide Area File Services technologies,
today announced its second quarter results. Revenue for the quarter
ending June 30, 2007, grew to $6,418,025, or 162% over the
$2,445,327 registered in the 2nd quarter of last year. Net Income
increased by 323% to $2,114,876 or $.12 a share on both a basic and
fully diluted basis for the quarter. �I am especially excited about
the way our core business, Secure File Transfer and File Sharing
continues to explode,� commented Randy Poole, President and CEO.
�At 60% growth, we would have had a great quarter without the
Defense Department order. Since inception in �03, our server-side
business has more than doubled each year from $600 thousand in �04
to $2.9 million in �05, to $6 million in �06, and we�ll exceed $13
million this year,� stated Poole. �Those core products are fueling
our steady, if not dramatic, growth and making it possible for us
to participate in the very large order arenas that are not as
predictable. We�ll take advantage of those opportunities as they
occur while focusing on the day-to-day activities that have gotten
us here,� concluded Poole. About GlobalSCAPE GlobalSCAPE, a
provider of Global Managed File Transfer (MFT) solutions and
wide-area file services (WAFS) technologies, delivers a modular
approach to solving the enterprise challenges of security,
bandwidth, latency and regulatory compliance. GlobalSCAPE�s
products securely and efficiently move files such as financial
data, medical records, customer files, intellectual property, and
other sensitive documents of any size between supply chain partners
and branch offices. GlobalSCAPE�s products are used by mid-sized
and large enterprise companies, including virtually all of the
Fortune 100, leading technology, banking, healthcare, and public
sector organizations. Headquartered in San Antonio, TX.,
GlobalSCAPE is also the developer of CuteFTP, the most popular file
transfer protocol application on the market. For more information
on our risk-free purchase options, visit www.globalscape.com or
call 800-290-5054 (US) or 210-308-8267 (international). 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," "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 2006 calendar year,
filed on March 22, 2007 with the Securities and Exchange
Commission.
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