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DALLAS--(BUSINESS WIRE)--Oct. 5, 2004--
National Banking Organization Signs Continuation for Secure E-Messaging
Zix Corporation (ZixCorp(R)), (Nasdaq:ZIXI), a global provider of secure e-messaging, e-prescribing, and e-transaction applications and services, today announced that the Office of the Comptroller of the Currency (OCC), a bureau of the U.S. Department of the Treasury, has signed a renewal contract for secure e-messaging. The OCC charters, regulates, and supervises national banks, federal branches, and agencies of foreign banks in the U.S., accounting for 55 percent of the nation's banking assets.
The OCC agreement covers 500 users for ZixVPM(R) (Virtual Private Messenger) and ZixPort(R) communications protection services. ZixVPM system-wide encryption enforces email privacy policies to ensure secure handling of confidential information including a built-in personal financial lexicon that automatically encrypts emails containing information mandated by the Gramm-Leach-Bliley Act (GLBA) as personally identifiable financial information -- including financial identifiers (Social Security and account numbers), financial terms (e.g. balance transfer, refinance, etc.), and credit card numbers.
ZixPort provides custom branding and encrypted messaging features to the OCC's Web portal. It also provides full-featured functionality so that end users can send private information like billing records, sensitive client information, or financial statements to anyone, whether they are a ZixCorp customer or not.
"The ability for companies to protect the financial information of their customers is key to reputation and customer confidence," said Matt Cain, senior vice president at Meta Group, a leading provider of IT research, advisory services and strategic consulting. "Financial institutions are looking for vendors to help them solve electronic security challenges, including compliance with regulatory statutes and protection against leaks of confidential information. Companies need a robust solution that is seamless to integrate and easy to use."
Legislative actions -- Sarbanes-Oxley and GLBA -- have put increased pressure on banking institutions to maintain the privacy of sensitive data and personally identifiable financial information. Increased hacking incidents in this business sector also make email protection of primary concern. ZixVPM and ZixPort address these issues and ensure all emails containing sensitive information are kept confidential.
"This contract renewal for the Office of the Comptroller of the Currency validates our commitment to ongoing customer satisfaction and demonstrates the power and ease of use of our solution to the banking system throughout the United States," said Rick Spurr, president and chief operating officer for ZixCorp. "Our company-wide renewal rates for our Zix VPM and ZixPort subscription offerings run in excess of 95 percent, reinforcing our ability to provide a cost effective, reliable, easy-to-use, send-to-anyone capability for secure communication. This key renewal represents just one of many satisfied ZixCorp customers and is evidence of the continued progress we are making penetrating the financial services industry."
About the Office of the Comptroller of the Currency
The OCC charters, regulates, and examines approximately 2,100 national banks and 52 federal branches and agencies of foreign banks in the United States, accounting for 55 percent of the nation's banking assets. Its mission is to ensure a safe, sound, and competitive national banking system that supports the citizens, communities, and economy of the United States.
About Zix Corporation
Zix Corporation (ZixCorp(R)) is a global provider of secure e-messaging, e-prescribing, and e-transaction applications and services. ZixCorp offers a range of solutions to protect organizations from viruses, spam, and electronic attack, as well as enabling secure electronic communications, such as email encryption, e-prescribing, on-line doctor visits, and electronic lab results. ZixCorp helps organizations of any size to streamline operations, reduce risks, and leverage the efficiencies of e-messaging. For more information, visit www.zixcorp.com.
CONTACT: Zix Corporation, Dallas
Christa Osswald, 214-370-2175
Peter Wilensky, 214-515-7357
SOURCE: Zix Corporation