GlobalSCAPE Is Cited as a Leader by Gartner
08 Juillet 2008 - 3:00PM
Business Wire
GlobalSCAPE, Inc. (AMEX: GSB) a leading developer of file transfer
software for the Internet, announced today that Gartner, Inc. has
positioned GlobalSCAPE as a �Leader� in its Magic Quadrant for
Managed File Transfer report. Gartner, Inc. (NYSE: IT) is the
world�s leading information technology research and advisory
company. This particular report helps companies evaluate Managed
File Transfer (�MFT�) vendors based on their annual revenues,
ability to execute, and completeness of vision. The quadrants
include the definitions of Leaders, Challengers, Visionaries, and
Niche Players. According to the report, �Leaders are the most
likely to have high revenue and commitment to the market, high
market share and installed bases, and products that are of interest
to a large audience. Additionally, leaders have presented domain
expertise and compelling messages that have penetrated the market.�
According to Gartner, the demand for MFT products and services is
approximately $450 million per year, and is growing at a rate of
21% to 26% year over year. Gartner arrives at this growth rate from
their belief that it�s not just the overall market for MFT
solutions that is growing at a healthy rate, but that the overall
pool of enterprises needing MFT solutions is growing even faster.
Kelly E. Simmons, CFO of GlobalSCAPE, said, �We are always pleased
to be cited by Gartner in their reports. We are also enthusiastic
that Gartner is highlighting the hosted large file services and
email attachment offloading solutions. Gartner�s report is a strong
validation of our recent introduction of CuteSendIt, our hosted big
file transfer solution for email. Before the end of this year, we
will also introduce a stand-alone file transfer software product
for email servers. Our vision is to continue to make our secure
file transfer technology available in many venues and in many
languages, and the Gartner report helps to confirm this direction.�
About the Magic Quadrant The Magic Quadrant is copyrighted June 23,
2008 by Gartner, Inc. and is reused with permission. The Magic
Quadrant is a graphical representation of a marketplace at and for
a specific time period. It depicts Gartner's analysis of how
certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product,
or service depicted in the Magic Quadrant, and does not advise
technology users to select only those vendors placed in the
�Leaders� quadrant. The Magic Quadrant is intended solely as a
research tool, and is not meant to be a specific guide to action.
Gartner disclaims all warranties, express or implied, with respect
to this research, including any warranties of merchantability or
fitness for a particular purpose. About GlobalSCAPE GlobalSCAPE, a
provider of Global Managed File Transfer (MFT) solutions and
wide-area file services (WAFS) technologies, delivers a modular
approach to solving the enterprise challenges of security,
bandwidth, latency and regulatory compliance. GlobalSCAPE�s
products securely and efficiently move files such as financial
data, medical records, customer files, intellectual property, and
other sensitive documents of any size between supply chain partners
and branch offices. GlobalSCAPE�s products are used by mid-sized
and large enterprise companies, including virtually all of the
Fortune 500 companies, leading technology, banking, healthcare, and
public sector organizations. Headquartered in San Antonio, TX,
GlobalSCAPE is also the developer of CuteFTP, the most popular file
transfer protocol application on the market with over 100 million
downloads since 1996. For more information on our risk-free
purchase options, visit www.globalscape.com or call 800-290-5054
(US) or 210-308-8267 (international). Safe Harbor Statement This
press release 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," "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 2007 calendar year,
filed on March 26, 2008 with the Securities and Exchange
Commission.
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