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Large Financial Institution Mitigates Risk and Protects Privacy with ZixCorp's Email Encryption Service
DALLAS--(BUSINESS WIRE)--Nov. 29, 2006--Zix Corporation (ZixCorp(R)), (Nasdaq:ZIXI), the leader in hosted services for email encryption and e-prescribing, today announced that the Library of Congress Federal Credit Union (LCFCU) has signed a contract for ZixCorp's award-winning Email Encryption Service. LCFCU has more than $132 million in assets and serves more than 10,000 members around the globe.
"Financial services are heavily regulated and the credit union is committed to maintaining privacy and protecting our member's and business partner's personal financial information," said Gary Mandelkorn, vice president and chief operating officer for LCFCU. "ZixCorp's strong presence in the finance sector and the company's relationships with the banking regulators gave us the confidence we needed to make a quick decision for email encryption service."
As the leading email encryption provider with over six million protected email recipients, ZixCorp's vast network allows seamless encrypted email delivery to healthcare organizations, insurers, financial institutions and regulators, including four of the five banking regulatory agencies. ZixCorp now supports five encrypted email delivery mechanisms, including S/MIME, TLS, OpenPGP, secure portal and "push" delivery.
"Financial organizations such as LCFCU need to proactively reduce the risk to their reputation, which can affect day-to-day business with credit union clients and business partners. Our Email Encryption Service delivers nonpublic personal financial information securely to prevent data leaks and establish long-lasting customer trust," said Rick Spurr, chief executive officer for ZixCorp. "As the only significant hosted service for email encryption, ZixCorp continues to increase its presence in the finance and government sectors. Our easy-to-deploy solutions aid companies in adhering to compliance guidelines such as GLBA and security breach statutes in more than 30 states."
About Zix Corporation
ZixCorp is the leading provider of hosted email encryption and e-prescribing services. ZixCorp's hosted Email Encryption Service provides an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript(R) e-prescribing service reduces costs and improves patient care by automating the prescription process between payors, doctors, and pharmacies. For more information, visit www.zixcorp.com.
Farrah Corley, 214-370-2175
Peter Wilensky, 214-515-7357
SOURCE: Zix Corporation