SAN ANTONIO–(Business Wire)–
GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information
exchange solutions, announced today that it has entered into a partnership
agreement with Rackspace® Hosting (NYSE: RAX), the world`s leader in the hosting
and cloud computing industry. Through Rackspace`s infrastructure, GlobalSCAPE
will deliver cloud-based managed file transfer solutions for the secure exchange
of business-to-business data, including large files and sensitive data. The new
GlobalSCAPE product offerings, scheduled to be launched in July, will allow
customers to outsource all or part of their complex and demanding information
exchange needs to reduce costs, improve operational efficiencies, track and
audit transactions, and provide a greater level of security.
“Rackspace is proud to have San Antonio-based GlobalSCAPE join the Rackspace
Partner Network, further extending its proven information exchange solutions. As
we continue our mission to deliver Fanatical Support, partners such as
GlobalSCAPE are able to leverage our unique market differentiator to better
service customers,” said Lanham Napier, Rackspace president and CEO. “Also, as
two San Antonio-based companies, we`re excited to demonstrate continued growth
of the city as a global center of excellence in the information technology and
security industries.”
Outsourcing select IT infrastructure continues to increase in popularity as
companies manage to tighter financial margins, face increasing budgetary
pressures, and look for efficiencies across their business operations. The new
hosted solutions will allow customers to automate manual or inefficient
processes, consolidate automated transactions, and eliminate inefficiencies,
provided from a lower-cost, secure platform. GlobalSCAPE believes hosted
information exchange solutions appeal both to small- and medium-size businesses,
as well as large enterprises that require proven, flexible IT infrastructure
outsourcing services so they can focus on their core competencies.
“Our new relationship with Rackspace allows us to offer cost-effective,
cloud-based solutions on a global basis. This is a significant milestone for
GlobalSCAPE because we can better meet the needs of existing customers while
also expanding our reach to new ones,” said Jim Morris, GlobalSCAPE president
and CEO. “Moving into the cloud with Rackspace positions us well today and
provides us with an ideal platform and partner for expanding our family of
solutions to accommodate changing customer needs going forward. We expect hosted
services will be a significantly increasing part of our business in the second
half of the year and in the coming years.”
GlobalSCAPE develops and distributes software and hosted solutions, including
services, for business customers to securely exchange information over the
Internet and within their networks. The company`s products are used worldwide
across a wide range of industries, including government organizations, and in
some of the largest corporations in the world, including 95 of the Fortune 100.
GlobalSCAPE solutions facilitate delivery of critical information such as
financial data, medical records, customer files and similar data documents while
supporting information protection approaches to meet privacy, security, and
compliance requirements.
About GlobalSCAPE®
GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San Antonio, TX, is a
global provider of managed file transfer (MFT) and wide area file services
(WAFS) solutions for securely exchanging critical information over the Internet,
within an enterprise, and with 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 and services, visit
www.globalscape.com or the Company`s Secure Info Exchange blog.
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,” “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 2009 calendar year, filed with the Securities
and Exchange Commission on March 30, 2010.
GlobalSCAPE, Inc.
Lauren Dresnick, 650-343-2735
New Venture Communications
ldresnick@newventurecom.com
Copyright Business Wire 2010