GlobalSCAPE Announces Product Enhancements, AMD Customer Deployment, and CoreTrace Reseller Agreement
01 Mars 2010 - 1:00PM
Business Wire
GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of
secure information exchange solutions, today announced enhancements
to its enterprise MFT solution, Enhanced File Transfer (EFT)
Server™; a new customer deployment at Advanced Micro Devices (NYSE:
AMD); and that GlobalSCAPE will become a worldwide reseller of
BOUNCER by CoreTrace™, the most tamper-proof and automated
application whitelisting solution in the industry. GlobalSCAPE is
exhibiting and demonstrating its solutions at the RSA Conference
2010 in San Francisco, CA, from March 1 to 5 at Booth #2059.
Recognizing the growing need for its customers to address
endpoint security, GlobalSCAPE is highlighting application
whitelisting technology, which ensures security and compliance of
the systems that participate in information exchange. GlobalSCAPE
is also showcasing advancements for EFT Server to demonstrate the
important role of MFT in meeting compliance and security mandates.
Finally, the Company is featuring its file replication solutions,
designed to help companies transparently synchronize large files,
such as AutoCAD drawing files, across wide area networks.
To put its technology in context, GlobalSCAPE is discussing its
recent deployment at AMD, a global leader in the computing and
graphics processing industry. During the past six months, AMD has
implemented various GlobalSCAPE solutions to automate and
centralize information exchange between AMD offices and with its
design and manufacturing partners. AMD began the implementation in
August 2009, and has since upgraded to GlobalSCAPE’s robust,
scalable EFT Server Enterprise solution.
By February 2010, AMD had deployed EFT Server as
its standard method for transferring data with
business partners. “We chose GlobalSCAPE products to facilitate the
delivery of large, confidential files between our geographically
dispersed partners. We quickly found that with GlobalSCAPE’s proven
technology, we could quickly transfer important files. We also
appreciated its robust security, reliability, and reporting
capabilities,” said Richard Crawford, AMD IT Networking.
EFT Server provides capabilities beyond other MFT solutions in
the market, allowing businesses to connect securely with partners
and customers through a robust security architecture. EFT Server
helps companies ensure that data exchange occurs only with approved
entities, and that data confidentiality and integrity are preserved
during transport and storage. EFT Server's modular suite allows
customers to purchase the functionality they need, with the option
of adding more advanced features in the future. Version 6.2 of EFT
Server includes multi-platform support through a DMZ Gateway (“edge
server”) module, advanced workflow automation (including the
ability to automate Twitter updates), and enhanced logging and
security capabilities. EFT Server, the DMZ Gateway, and BOUNCER are
key enablers of end-to-end Total Path Security™ which protects
information at rest and in motion.
GlobalSCAPE's announcement that it will become a worldwide
reseller of CoreTrace BOUNCER comes on the heels of the Company’s
$2.3 million investment in CoreTrace in December 2009. Noting that
application whitelisting has the potential to be a game changer in
the endpoint security market, GlobalSCAPE led the Series B
investment round and retains a CoreTrace board seat. Compared to
alternative solutions, CoreTrace BOUNCER stops even the most
sophisticated malware attacks (such as root kits, memory exploits,
and zero-day threats) and unauthorized applications from
compromising data and systems. BOUNCER is the only application
whitelisting solution today that instantly creates customized
whitelists for each computer, automatically updates the whitelists
for new applications and upgrades, and provides centralized
management and reporting. BOUNCER stopped 100% of computer viruses
during Defcon 16’s 'Race to Zero' competition.
“As we enter a new decade of global information exchange, we
remain vigilant in preparing organizations for the security threats
and challenges they face today and will face in the future,” said
Jim Morris, GlobalSCAPE president and CEO. “At RSA, we’re sharing
our expertise and vision about where we believe the information
security industry is headed, highlighting key practices and
technologies. We are also proud to announce a new relationship with
AMD and our next step with CoreTrace.” Morris declined to discuss
future plans for the CoreTrace relationship, but added “Application
whitelisting has tremendous market potential as a stand-alone
solution and as a central component of total path security. We look
forward to working with CoreTrace to lead the market in these
areas.”
About CoreTrace
CoreTrace® is the pioneer of client-based application
whitelisting. The company's award-winning and patented
high-security, easy-change BOUNCER solution is at the forefront of
the movement in next-generation endpoint control and security
solutions. Unlike other application whitelisting solutions that are
simply lockdown technologies, BOUNCER's "Trusted Change" capability
enables IT professionals to predefine multiple sources from which
users can safely install applications and have them automatically
added to the whitelist — all with minimal IT involvement. The
result: full prevention of unauthorized applications, improved
overall security, and lower total cost of ownership compared to
alternative whitelisting and traditional blacklisting antivirus
solutions. CoreTrace's customers include organizations in a wide
variety of industries, such as energy, oil and gas, financial
services, telecommunications, as well as government agencies.
Additional information may be found on the CoreTrace website and
on WhiteSpace, the Application Whitelisting and Security
Weblog.
About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE Amex: GSB), headquartered in San
Antonio, TX, is a global provider of managed file transfer (MFT)
and wide area file services (WAFS) solutions for securely
exchanging critical information over the Internet, within an
enterprise, and with business partners. Since the release of Cute
FTP in 1996, GlobalSCAPE's solutions have continued to evolve to
meet the business and technology needs of an increasingly
interconnected global marketplace. For more information about
GlobalSCAPE's products and services, visit www.globalscape.com or
the Company’s Secure Info Exchange blog.
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,” “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, filed with the Securities and Exchange Commission on
March 31, 2009.
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