GlobalSCAPE® Announces Appointment of Desiree Smith to Lead Company’s Financial Operations
08 Février 2012 - 1:00PM
Business Wire
GlobalSCAPE, Inc. (NYSE Amex: GSB), a leading developer of
secure information exchange solutions, announced today Desiree
Smith has been appointed the Company’s interim principal financial
officer and interim principal accounting officer. She will be
responsible for all financial and accounting aspects of the Company
and will report directly to Jim Morris, GlobalSCAPE’s Chief
Executive Officer.
Ms. Smith has more than 25 years of accounting experience,
including more than ten years in management positions as a
Controller, Assistant Controller, and Accounting Manager
specializing in financial reporting and managing both large and
small accounting departments. She is a member of the Texas Society
of Certified Public Accountants and also is a member of the
Society’s San Antonio chapter. Ms. Smith has been with GlobalSCAPE
since 2009, first as the Company’s Assistant Corporate Controller
prior to being promoted to Corporate Controller in 2011. Before
that Ms. Smith was assistant controller of Kimco Realty Corporation
and a Real Estate Accountant with USAA Real Estate Company.
“Desiree has been involved in all facets of our financial
operations since joining GlobalSCAPE. Her strong background in
financial reporting and her knowledge of our business makes us
confident she will effectively oversee and manage our financial and
accounting operations as we continue to grow the Company,” said Mr.
Morris.
Also, as the Company disclosed in a Form 8-K filed with the SEC
on February 3, 2012, Mr. Randall Hawkins, GlobalSCAPE’s former
Chief Financial Officer, notified the Company that he resigned from
all positions effective January 30, 2012.
“The company remains in strong financial shape as we move
forward into fiscal 2012. We thank Randall for his efforts and wish
him well as he pursues new opportunities,” said Mr. Morris.
In addition, on February 3, 2012, the company announced that it
expects revenue for its fourth fiscal quarter of 2011, ended
December 31, 2011, will be approximately $5.3 million, and that
revenue for fiscal year 2011 will be record setting at
approximately $21 million. GlobalSCAPE will report audited
financial results for fiscal 2011 next month.
About GlobalSCAPE
San Antonio, Texas-based GlobalSCAPE, Inc. (NYSE Amex:GSB) is a
leading provider of software and services that enable customers to
access and share information quickly, securely, and reliably.
Beginning in 1996 with its CuteFTP® product, GlobalSCAPE has been
helping businesses and consumers -- including 15,000 companies in
more than 150 countries -- facilitate cost-effective, secure
information exchange. With its 2011 acquisition of Seattle-based
TappIn, Inc., GlobalSCAPE also offers customers the ability to
access and share documents, pictures, videos, and music -- anytime,
from anywhere -- easily and securely, without the need for
uploading, syncing, or paying for cloud storage. For more
information, visit www.globalscape.com or follow the blog and
Twitter updates.
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," "possibly,"
"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 2010 calendar year,
filed with the Securities and Exchange Commission on March 29,
2011.
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