News Release

<< Back
Printer Friendly Version View printer-friendly version
ZixCorp Meets $50 Million Market Cap Requirement

DALLAS--(BUSINESS WIRE)--Oct. 27, 2006--Zix Corporation (ZixCorp(R)), (Nasdaq:ZIXI), the leader in hosted services for email encryption and e-prescribing, announced today that it has received a notice from the Nasdaq Listing Qualifications Department, which states that the company has achieved re-compliance with the $50 million market capitalization requirement set forth in Nasdaq Marketplace Rule 4450(b)(1)(A). The market capitalization requirement is necessary to maintain a listing on the Nasdaq National Market, also knows as the Nasdaq Global Market, where the Company's shares are currently traded.

As previously announced, the Company has until at least March 14, 2007, to regain compliance with Nasdaq Marketplace Rule 4450(b)(4), which requires a minimum $1.00 per share bid price for a specified period of time.

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

Public Relations:
Farrah Corley, 214-370-2175
Investor Relations:
Peter Wilensky, 214-515-7357

SOURCE: Zix Corporation