1 Annual Stockholders’ Meeting June 3, 2009 Exhibit 99.1 |
Safe Harbor Statement 2 This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words “would,” “exceed,” “should,” “anticipates,” “believe,” “steady,” “dramatic,” and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward- looking statements are risks that are detailed in the Company’s Annual Report on Form 10-K for the 2008 calendar year, as filed with the Security Exchange Commission on March 31, 2009. |
3 Executive Team |
Proven Leadership 4 • Executive Team, Proven IT Security Expertise |
Quick Statistics 5 • 2+ Million Software Licenses Sold • Software Sold into 150+ Countries • 4,500+ Current Server Customers Worldwide • 95 of the Fortune 100 are Current Customers • Web Site in 10+ Languages • Software Localized in 8 Languages • 84,000 Web Site Hits per Day |
6 GlobalSCAPE Market Expansion |
Mission Deliver Highly Valued Information Solutions, Software, and Services Vision Market Leader in Worldwide Consumer and Enterprise Information Exchange 7 Mission and Vision |
Leader in Gartner Magic Quadrant 8 Source: Gartner’s Magic Quadrant for Managed File Transfer report dated June 23, 2008. MFT: A growth market “The $450m MFT market is growing 21-26% year over year; and, while the overall market is growing at a healthy rate, the overall pool of enterprises needing MFT solutions is growing even faster.” |
Unequalled Solution Certifications 9 US Army Certificate of Networthiness Signifies successful completion of a stringent assessment to ensure Army Automated Information Systems are secure, supportable, sustainable, and compatible with Army standards. CISCO Certified Rigorous independent lab testing to verify Cisco compatibility. Only after passing all tests does a vendor’s product receive the certification. Certified for use with Cisco Unified Call Manager (CUCM). FIPS-140-2 Certified The Federal Information Processing Standard (FIPS) Pub 140-2 specifies the security requirements of cryptographic modules. The certification verifies that a vendors product has met or exceeded the requirement. AS/2 Drummond Certified Drummond certification is vendor-neutral operability testing and certification that a vendor meets or exceeds the Applicability Statement 2 (AS/2) standard with their product. |
National Media Exposure 10 Other Coverage |
Local Business Update • Air Force Cyber Command – Headquarters at Lackland AFB – Prime and subcontracting opportunities (long term) • Potential Teaming with Local IT Solution Companies – Partnership, Joint Venture, Branding, – Cross selling in adjacent IT Security markets • Academia Support – UTSA Computer Science/Engineering Department – 2 interns in Quality Assurance • Boys and Girls Club – Board of Directors – Beta testing opportunities with 25 high profile companies • Local Newspapers – Feature articles in San Antonio Business Journal – Coverage in Express News 11 |
1 1 1 2 3 Financial Highlights 12 2004 2005 2006 2007 2008 Total Revenue 4,931 6,679 10,974 15,792 Consumer 69% 57% 39% 19% 17% Enterprise 31% 43% 61% 81% 83% Net Income 200 1,447 1,963 3,642 Cash on Hand 573 2,029 4,633 5,214 6,319 1. In thousands. 2. Includes a $2.8M US Army order. 3. Reflects a $9.0M non-cash impairment. Notes 18,360 (7,660) |
2009 Strategy • Financial Prudence – Control costs to manage cash flows and conserve our cash – Have contingency plans in case of deeper recession • Organization Improvements – Improve all organizational departments processes – Push regulatory compliance across the organization • Sales – Improve sales funnel and backlog – Add strategic partners (products, resellers, integrators) – Position for additional large contract awards • Product Improvements and Innovation – Improve features and functions in existing products – Continue to invest in innovation and R&D (Long Lead-time Items) – Identify, capture, and protect Intellectual Property • Marketing and Investor Relations – Improve our brand recognition – Attract institutional investors 13 |
14 Outlook • Our financials are strong – Plenty of cash; No debt – Strong base of recurring business – Large contracts are more repeatable – Stability and basis for expansion when economy improves • We have strengthened our organization – Executive Leadership – Mission and Vision – Systems and Processes • Our market footprint is large and becoming much more visible – Enterprise customers include most of the Fortune 500 – More than 2 million consumer licenses sold – Product localizations and strong partnerships (with broader reach) – Greater marketing communications and investor relations emphasis |