Zix (NASDAQ:ZIXI):Protecting Transit Info
Driven by an increasing awareness of the need to protect sensitive information in transit as well as an evolving regulatory landscape that has stepped up enforcement, email encryption is becoming an important piece of the larger slice of the security budget and given its unique technology and market leadership, Zix is well-positioned to capitalize on this opportunity.
With a recent competitive displacement win at a Blue Cross & Blue Shield organization, the company, clearly demonstrated its unique combination of both hosted key management technology as well as filtering capability. With industry consolidation having greatly reduced the competitive landscape, we believe that Zix's expanded functionality in email encryption has put it "ahead of the pack" and into a solid position to continue to gain market share.
Acceleration in NFYO underscores opportunity for secular growth. We also note that from January 2007 to September 2009 the company saw annual new first year orders of $1.37M (quarterly average). From September 2009 through the last quarter this figure increased by 63% to $2.2M. This acceleration (which we believe will continue) is indicative of the growing opportunity around hosted email encryption.
Recent CFO departure does not present major issues. After a recent conversation with the CEO, we do not believe that the recent departure of CFO Susan Conner presents any larger issues around fundamentals. We are comfortable with the company's current plan to conduct a CFO search over the next six months.
Divestiture of e-prescribing business ahead of schedule. Management commented that the company is currently ahead of plan in its wind-down of the e-prescription business having successfully renegotiated all outstanding contracts.
For more information visit http://www.worldmarketmedia.com/779/section.aspx/2355/post/zix-nasdaqzixiprotecting-transit-info
Questions and Answers
Article Tags:
zixi
,zix
,markets
,stocks
,technology stocks
,transportation technology
,world market media
The growing Indian market is attracting investors on the ground of the promising and assured return. The online trading is very popular these days and most of the people prefer it for quick money.
Learn the fundamentals of committing cash in Stocks, Ties, Common resources, Merchandise, Actual estate We create Getting Inventory Industry straightforward for you with a comprehensive guide to committing. Any effective stock market buyer must be acquainted with the fundamentals of stock market committing.
Online share trading is one of the most popular financial markets in the world today; however, any people are hesitant in starting due to not knowing a lot about it. This article will help explain what online share trading is all about, how you can get involved for a low initial investment and what to consider before, during and after trading.
The stock market is mostly used to create money. . I am sharing my investment strategy as a retail investor. Most financial experts recommend investors to initially contact a financial advisor. Able to provide advice, it can ensure that the money an investor get a good return or not.
This article has discussed about the importance of Stop orders. Stop orders act like the life jackets
Stocks were mixed in Asian trade. The Nikkei, Australia and Hang Seng were all fractionally higher while Shanghai fell a quarter percent. European indexes are generally higher on the session with the Footsie higher by more than one percent and the Dax currently up by about three quarters of a percent. US stock futures are up more than a half percent.
The post meeting statement from the August FOMC meeting notified the market that the Fed would be "reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities."
I know you've seen this commercial…he has cherub red cheeks, hair, beard and moustache and looks like the Grizzly Adams, Warrior Slayer of IRS tax problems. TaxMasters Inc (OTCBB: TAXS) . God Bless you Patrick!!
China Shuangji Cement has announced today they have completed the installation of their new Zhaoyuan City cement production facility in China, the world's fastest growing industrial country.
Just how many different ways is GPS tracking technology used these days and will this technology soon become ubiquitous?
Discuss this Article
