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TheStreet Open House

ZixCorp Increases Competitive Replacements By 80 Percent In 2012

Stock quotes in this article: ZIXI

Zix Corporation (ZixCorp), (NASDAQ: ZIXI), the leader in email encryption services, announces that in 2012 the company grew its total number of replacement wins by 80 percent year over year. A replacement win is the signing of a new customer that previously used a competing email encryption solution. The 2012 replacement wins enabled these users to experience the ease of use of ZixGateway®, a policy-based email encryption service.

The increase in replacement wins for ZixCorp aligned with a 2012 Ponemon Institute survey that found that an estimated 50 percent of companies already using email encryption would be evaluating a switch in solutions by the end of 2014.

“The evolution of email encryption has seen a great improvement in ease of use. Companies are demanding a solution that makes secure email simple to use for everyone, from senders to receivers to administrators,” said  Dr. Larry Ponemon, Chairman and Founder of Ponemon Institute. “If their current solution doesn’t meet their needs, companies are not hesitating to make the switch.”

ZixCorp’s replacement wins in 2012 were strongest in the healthcare and financial services industries. Examples of companies that replaced their existing solution with ZixCorp ® Email Encryption Services include:

  • Axium Healthcare Pharmacy, Inc.
  • Credit Union of Texas
  • Emdeon
  • High Desert Medical Group
  • Jefferson Bank in Florida
  • Outpatient Imaging Affiliates
  • Youth Villages in Tennessee

“ZixCorp’s success in replacing competing solutions reflects that companies are no longer settling for antiquated email encryption. They are seeking a new generation solution that makes encrypted email as convenient as possible,” said Rick Spurr, ZixCorp’s Chairman and Chief Executive Officer. “Our fully transparent delivery, our trusted reputation with the nation’s most influential institutions and our Software-as-a-Service model make ZixCorp the easy choice.”

About Zix Corporation

Zix Corporation provides the only email encryption services designed with your most important relationships in mind. The most influential companies and government organizations use the proven ZixCorp ® Email Encryption Services, including WellPoint, the SEC and more than 1,800 financial institutions. ZixCorp Email Encryption Services are powered by ZixDirectory ®, the largest email encryption community in the world. The tens of millions of ZixDirectory members can feel secure knowing their most important relationships are protected. For more information, visit www.zixcorp.com.



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