GSB Globalscape Inc

GlobalSCAPE, Inc. (AMEX: GSB) a leading developer of file centric software for the Internet, announced today their release of a new file transfer service for individuals, professionals, small businesses, and large enterprises. Anyone with an Internet connection can access this service at www.CuteSendIt.com. There is no software to install with this service and no specific knowledge of file transfer is needed to use it. CuteSendIt is free to use for a limited number of transfers, and is available for unlimited transfers and an unlimited number of users for a monthly or annual fee. Greg Hoffer, Vice President of New Products, stated, �This is a natural addition to the sophisticated file transfer software products that GlobalSCAPE has developed since 1996. We have thousands of secure enterprise file transfer software installations in operation around the world and with most of the Fortune 500 companies, and this service offering will continue to benefit from our expertise gained from those more complicated network environments. Software as a Service (�SaaS�) has become common in the workplace, and it fits very neatly into our creative process for new solutions. Our main drivers in any new development are always to make these solutions simple and secure.� The demand for large file transfers over the Internet continues to grow rapidly as pictures, engineering drawings, movies, documents, and records are pushed in greater size and numbers across the Internet every day. As rising fuel prices increase the cost of delivery services, and as concern for the environment is creating a desire by businesses to reduce their carbon footprint, CuteSendIt is an obvious, simple, and inexpensive alternative to the traditional methods of document delivery. The service is ideal for any business that handles large documents in industries such as financial, medical, engineering, legal, entertainment, education and manufacturing. Kelly E. Simmons, GlobalSCAPE�s Chief Financial Officer and Interim President, added, �This new service supports our commitment to all our customers, large and small, to provide technology solutions that are simple, secure and smart. We are busy completing several other major additions to our product line that our customers have been asking for, which we will introduce over the next six months. Also, very soon, we will introduce CuteSendIt and our server solutions to several countries where Internet usage and demand is exploding, and where they can greatly benefit from the power and simplicity of our software.� 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 500 companies, 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 with over 100 million downloads since 1996. 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 2007 calendar year, filed on March 26, 2008 with the Securities and Exchange Commission.