This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

GlobalSCAPE® Announces Appointment Of Desiree Smith To Lead Company’s Financial Operations

Stocks in this article: GSB

GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of secure information exchange solutions, announced today Desiree Smith has been appointed the Company’s interim principal financial officer and interim principal accounting officer. She will be responsible for all financial and accounting aspects of the Company and will report directly to Jim Morris, GlobalSCAPE’s Chief Executive Officer.

Ms. Smith has more than 25 years of accounting experience, including more than ten years in management positions as a Controller, Assistant Controller, and Accounting Manager specializing in financial reporting and managing both large and small accounting departments. She is a member of the Texas Society of Certified Public Accountants and also is a member of the Society’s San Antonio chapter. Ms. Smith has been with GlobalSCAPE since 2009, first as the Company’s Assistant Corporate Controller prior to being promoted to Corporate Controller in 2011. Before that Ms. Smith was assistant controller of Kimco Realty Corporation and a Real Estate Accountant with USAA Real Estate Company.

“Desiree has been involved in all facets of our financial operations since joining GlobalSCAPE. Her strong background in financial reporting and her knowledge of our business makes us confident she will effectively oversee and manage our financial and accounting operations as we continue to grow the Company,” said Mr. Morris.

Also, as the Company disclosed in a Form 8-K filed with the SEC on February 3, 2012, Mr. Randall Hawkins, GlobalSCAPE’s former Chief Financial Officer, notified the Company that he resigned from all positions effective January 30, 2012.

“The company remains in strong financial shape as we move forward into fiscal 2012. We thank Randall for his efforts and wish him well as he pursues new opportunities,” said Mr. Morris.

In addition, on February 3, 2012, the company announced that it expects revenue for its fourth fiscal quarter of 2011, ended December 31, 2011, will be approximately $5.3 million, and that revenue for fiscal year 2011 will be record setting at approximately $21 million. GlobalSCAPE will report audited financial results for fiscal 2011 next month.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs