3SOF

LARGE buyers in here, great stock for the long term 3SOF members...
Interesting Friday,
An interesting Friday should make for much fun next week.
 
Weekly OBV for ZIXI.......
Technically some very positive things have happened this week for ZIXI. The OBV is at +19,276,387 vs the +8,764,541 from last Friday, an increase of over 10.5 mil shares. This is very important for the stock.

The stock is now over $5.00 and many institutions will be accumulating, especially since the e-prescription mandate for Medicare seems likely. ZIXI is zig-zagging higher and should put in a zix-zag high next week. ZIXI is zig-zagging higher and should put in a zix-zag high next week. The previous zig-zag low was $3.81 which we may not see again for some time.

The minimum, and I stress minimum, target for ZIXI is $11.87 not the $10.50 target that the mechanical P&F system shows on StockCharts. Most people do not realize that the technical proceeds the fundamental when it comes to stock targets. People are now just becoming aware of ZIX Corp. In fact today ZIXI made the top % list on Stockcharts.

As ZIXI shows up on more and more sites it will get more and more action. Be patient even on pull backs which will occur from time to time. We all have to breath including stocks.


52wk Range: 0.91 - 5.69
Volume: 3,901,549
Avg Vol (3m): 1,010,790

Technicals
Record Price High
Percentage Gainer
RS Rating: 99 

Fundamentals
Key Data:
Market Cap (M): $342.58 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 02/19/2008
Last Analyst Rating: Market Perform


Ultimately, the only story that counts is your own. Whether you buy the story of a soaring or a souring stock, your own research is more important than collective opinions. But these collective opinions make an individual's due diligence much easier.   

ZIXI taking a hit these past few days.  The downturn started on Dec. 26.

Headlines since:

Mon, Jan 7, 2008
•   ZIX CORP Files SEC form 8-K, Other Events - EDGAR Online

Tue, Jan 8, 2008
•   Outlook Roundup: Amgen, Genzyme - AP
•   Zix Expects to Meet Its 4Q Sales Outlook - AP
•   Zix Corporation Earnings Call scheduled for Tue, Feb 19 - CCBN
•   Zix says to meet Q4 revenue outlook of $6.3 mln-$6.8 mln - at Reuters
•   Zix Corporation CEO Provides Corporate Update for Q4 and Year-End 2007 - PrimeNewswire
•   Zix Extends Deal With Google's Postini - AP
•   ZIX CORP Files SEC form 8-K, Regulation FD Disclosure - EDGAR Online

All of this looks great to me:
- Extension of contract with Postini
- Met the revenue expectation

I was going to get back in ZIXI, but now I'm confused!  Any insight anyone?

Press Release Source: Zix Corporation


Zix Corporation's ZixDirectory(TM) Marks Industry Record with 10 Million Email Encryption Members
Wednesday March 5, 1:30 pm ET 
World's largest email encryption directory accelerates growth


DALLAS, March 5 /PRNewswire-FirstCall/ -- Zix Corporation (ZixCorp®), (Nasdaq: ZIXI - News), the leader in hosted services for email encryption and e-prescribing, today announced that its ZixDirectory, the foundation of ZixCorp's outsourced email encryption service, marked an industry first: 10 million members. The ZixDirectory members represent everyone who sends or receives encrypted email using ZixCorp's Email Encryption Service. The growth rate of the ZixDirectory has increased over the last 18 months from an average of 45,000 new members per week to an average of over 70,000 new members per week since the beginning of 2008.



ZixDirectory connects all ZixCorp customers for seamless, transparent, and secure email. There are more than 1,000 hospitals in the directory, more than 30 Blues organizations, 500 financial institutions, the federal banking regulators, 19 state banking regulatory agencies and a growing number of federal, state and county governments. These customers, plus many more, secure email among themselves with no need for user intervention.

"ZixDirectory offers the perfect solution for securing email to protect the communication of sensitive data -- beyond its ease of implementation, it offers flexible delivery options that are compatible with any recipient's needs, ensuring that we are both productive and compliant," said Don Smith, information security officer for STAR Financial Group, the parent company of STAR Financial Bank with more than $1.4 billion in assets and 40 banking centers in Indiana. "Through ZixDirectory, we can seamlessly and securely exchange protected information with our financial regulators, all of which utilize ZixCorp email encryption for secure communications."

"ZixDirectory is the core of our Email Encryption Service," said Nigel Johnson, vice president of business development and product management for ZixCorp. "Our system architecture was specifically built to connect communities of interest. Less sophisticated systems create secure silos, which is like having a separate telephone for every one of your friends. Like an advanced phone network, ZixDirectory ties our customers together creating simple connectivity for everyone from just one service. Both our existing and prospective users benefit from the 'network effect,' where the value of the ZixDirectory grows exponentially as we add new members."

About Zix Corporation

ZixCorp is the leading provider of easy-to-use-and-deploy email encryption and e-prescribing services that Connect entities with their customers and partners to Protect and Deliver sensitive information in the healthcare, finance, insurance and government industries. ZixCorp's hosted Email Encryption Service provides an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript® e-prescribing service saves lives and saves money by automating the prescription process between payors, doctors and pharmacies. For more information, visit http://www.zixcorp.com.




--------------------------------------------------------------------------------
Source: Zix Corporation

Weekly OBV for ZIXI

The OBV for the week for ZIXI was up +626,134 as the stock advanced +.09 since last Friday.
ZIXI is currently in a neutral trend with higher highs and lower lows. It appears that it will test the previous zigzag low of 3.72 this coming week. If it holds above the 3.72 level we should see ZIXI resume it's upward trend.

Again the election year highs for ZIXI have occurred in April or November. The 2008 high so far has been 4.60 so we should see a number higher than 4.60 sometime in April or November.

Looks like the market is going to tank a whole lot more.......
could create that buying opportunity I've been waiting for, but ZIXI is holding up strong. Looks like I will need to start a small position in the 3.75-4.00 range if I can get it. Don't want to chase but this still seems like a good play on the e-prescriptions and it has held up nicely in this market. Got to believe this is going back to its highs.


Technicals
Last Price Quote is:
0.91%above 13-day MA
2.42%above 50-day MA
RS Rating: 17 

Fundamentals
Key Data:
Market Cap (M): $245.57 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 05/06/2008
Last Analyst Rating: Market Perform

Ready to run again ? 
Charting shows longer term support in the 2.6 to 2.7 area. Hope that number holds.

52wk Range: 1.56 - 6.24
Volume: 888,937
Avg Vol (3m): 456,211

Technicals
Percentage Gainer

Last Price Quote is:
20.74%above 13-day MA
11.55%above 50-day MA
RS Rating: 43 

Fundamentals
Earnings Expected on Jul 29

Key Data:
Market Cap (M): $175.93 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: 07/29/2008
Last Analyst Rating: Market Perform

Zix Corporation CEO Provides Corporate Update for Q4...


DALLAS, Jan 08, 2009 /PRNewswire-FirstCall via COMTEX/ -- Company's Email Encryption business continues to drive overall performance

Zix Corporation (ZixCorp(R)), (ZIXI, Trade), the leader in hosted services for email encryption and e-prescribing, today offered a corporate update by its chief executive officer, Rick Spurr.

"We ended the year on a high note in our Email Encryption business, as we booked the highest orders for the year in the fourth quarter," said Spurr. "Our new first-year orders for Q4 2008 were $1.5 million, which was the second highest quarter for orders closed in the company's history. The ZixDirectory(TM), the community of users that forms the backbone of ZixCorp's Email Encryption Service, achieved a new milestone, topping 14 million members with an increased growth rate of 100,000 new addresses added each week. The company also successfully renewed its OEM contract with Google, which, when combined with its new partners in 2008 - MessageLabs (recently acquired by Symantec) and Code Green Networks - positions the business for a strong 2009."

"Driven by its Email Encryption business, ZixCorp overall completed another solid year, in which the company achieved significant milestones with positive cash flow in each quarter of 2008," continued Spurr. "Preliminary revenue estimates are that we will meet our guidance of $6.8 to $7.1 million for the fourth quarter, giving the company full-year 2008 estimated revenues of between $27.7 and $28 million. Our year-end unrestricted cash balance of $13.2 million exceeded our guidance of $13.1 million. This solid financial foundation will provide the platform for growth in each of our core markets. We believe the catalysts for this growth, which we have previously discussed - MIPPA legislation combined with continued payor interest in funding initial deployment costs in e-Prescribing and contributions from our OEM partners in Email Encryption - will lead to future success in these businesses."

About the company's e-Prescribing business, Spurr said, "Our PocketScript business exceeded the e-Prescribing deployment guidance of 150 for the fourth quarter with approximately 200 deployments. These deployments do not reflect a significant contribution from our recently signed contracts with BCBS Alabama, Aetna in New Jersey or UnitedHealthcare in Texas. We processed over 2 million e-scripts in the fourth quarter, bringing the full year total prescriptions processed to 8.6 million, an increase of more than 16 percent over 2007. With the new Medicare incentive period beginning this year and ongoing discussions we are holding with our payor customers, we believe that 2009 may be the year that we see acceleration in this market."

ZixCorp to Announce Fourth Quarter and Year-End 2008 Results on February 17

The company's fourth quarter and year-end 2008 operating results will be released after close of the U.S. financial markets on February 17, 2009. The company will hold a conference call to discuss this information on February 17 at 5:00 p.m. ET.

A live Webcast of the conference call will be available on the investor relations portion of ZixCorp's Web site at http://investor.zixcorp.com. Alternatively, participants can listen to the conference call by dialing 617-614-3926 or toll-free 800-299-7928 and entering access code 97361301. An audio replay of the conference will be available until February 24, by dialing 617-801-6888 or toll-free 888-286-8010, and entering the access code 27898401, and after that date via Webcast on the company's Web site.

About Zix Corporation

ZixCorp is the leading provider of easy-to-use-and-deploy email encryption and e-prescribing services that Connect entities with their customers and partners to Protect and Deliver sensitive information in the healthcare, finance, insurance and government industries. ZixCorp's hosted Email Encryption Service provides an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript(R) e-prescribing service reduces costs and improves patient care by automating the prescription process between payors, doctors, and pharmacies. For more information, visit www.zixcorp.com.

Safe Harbor Statement for ZixCorp

The following is a "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995. The following statements by Mr. Spurr are forward-looking statements, not a guarantee of future performance, and involve risks and uncertainties: "The company also successfully renewed its OEM contract with Google, which, when combined with its new partners in 2008 - MessageLabs (recently acquired by Symantec) and Code Green Networks - positions the business for a strong 2009."; "This solid financial foundation will provide the platform for growth in each of our core markets."; "We believe the catalysts for this growth, which we have previously discussed - MIPPA legislation combined with continued payor interest in funding initial deployment costs in e-Prescribing and contributions from our OEM partners in Email Encryption - will lead to future success in these businesses."; and, "With the new Medicare incentive period beginning this year and ongoing discussions we are holding with our payor customers, we believe that 2009 may be the year that we see acceleration in this market." The forward-looking statements contained in this release are not a guarantee of future performance and involve risks and uncertainties. Actual results may differ materially from those projected in the forward-looking statements. These risks and uncertainties include, but are not limited to, the following: the company's continued operating losses and use of cash resources; the company's ability to achieve broad market acceptance for the company's products and services, including the company's ability to enter into new or expand existing sponsorship agreements for the e-prescribing services offered by its PocketScript, Inc. subsidiary and the company's ability to continue realizing acceptance of its Email Encryption business in its core markets of healthcare and financial and to achieve market acceptance of its Email Encryption business in other markets; the company's ability to maintain existing and generate other revenue opportunities, including fees for scripts written or value added services for its payor customers from its PocketScript e-Prescription business; the company's ability to establish and maintain strategic and OEM relationships to gain customers and grow revenues, particularly in its Email Encryption business; the expected increase in competition in the company's Email Encryption and e-Prescription businesses; and the company's ability to successfully and timely introduce new Email Encryption and e-Prescription products and services or related products and services and implement technological changes. Further details pertaining to such risks and uncertainties may be found in the company's public filings with the SEC.

SOURCE Zix Corporation



http://www.zixcorp.com 

Copyright (C) 2009 PR Newswire. All rights reserved

Time to keep an eye on ZIXI.....move on no news?

52wk Range: 0.88 - 3.70
Volume: 1,513,892
Avg Vol (3m): 185,371

Technicals
Close Above the 50-day MA
Close Above the 13-day MA
Percentage Gainer

Last Price Quote is:
36.40%above 13-day MA
37.45%above 50-day MA
RS Rating: 72 

Fundamentals
Key Data:
Market Cap (M): $73.45 
P/E Ratio: NA 
PEG Ratio: -4.88 
Next Earnings: 07/28/2009
Last Analyst Rating: Market Perform

ZIXI added to Russell 3000.......
Link:
http://www.russell.com/indexes/membership/Reconstitution/Reconstitution_changes.aspx

52wk Range: 0.88 - 3.70
Volume: 11,228,261
Avg Vol (3m): 477,072

Technicals
Record Volume
Percentage Gainer

Last Price Quote is:
16.66%above 13-day MA
26.20%above 50-day MA
RS Rating: 81 

Fundamentals
Key Data:
Market Cap (M): $100.68 
P/E Ratio: NA 
PEG Ratio: -1.208 
Next Earnings: 07/28/2009
Last Analyst Rating: Market Perform

Approaching th Golden Cross...

This stock has never been a rocket.
Breakout!
Breakout occurred today.
Move above 2.75 for ZIXI to break out to the upside.
Below that level ZIXI is just moving in a trading range. 
Minimum price objective of 4.75 should occur in the 12 months.

Technicals:
Record Price High
Record Price Break Out
Percentage Gainer

Volume: 2,144,209
Avg Vol (3m): 359,917
Market Cap: 176.84M
P/E (ttm): 145.26
EPS (ttm): 0.02

Zix Corporation Earnings Conference Call (Q3 2010)
Scheduled to start Mon, Oct 25, 2010, 5:00 pm Eastern

http://biz.yahoo.com/cc/3/117263.html

They are making $$ now and once they are out of the e-prescription biz later this year, they should earn more per share.

Technicals
Percentage Gainer

Last Price Quote is:
6.13%above 13-day MA
13.41%above 50-day MA
RS Rating: 91 

Zix Corporation to Present at Security Research Associates Growth Stock Conference in San Francisco on Oct. 26

Press Release Source: Zix Corporation On Tuesday October 19, 2010, 7:35 am EDT

DALLAS--(BUSINESS WIRE)-- Zix Corporation (ZixCorp), (Nasdaq:ZIXI - News), the leader in email encryption services, today announced that Rick Spurr, Chief Executive Officer, will present at the 6th Annual Fall Growth Stock Conference on Tuesday, October 26, at 8:30 am PT. The conference is hosted by Security Research Associates (SRA), and it will be held at the Westin St. Francis Hotel in San Francisco.



To arrange a one-on-one meeting with Rick Spurr, please contact your SRA sales person or the MKR Group, ZixCorp's investor relations firm, at [email protected].



Conference Details:



•SRA's 6th Annual Fall Growth Stock Conference in San Francisco
•ZixCorp to present at 8:30 am PT on Tuesday, October 26, 2010
•More conference information can be found at: http://www.sracap.com/events.html


About Zix Corporation



Zix Corporation (ZixCorp) provides the only email encryption services designed with your most important relationships in mind. The most influential companies and government organizations use the proven ZixCorp® Email Encryption Services, including WellPoint, Humana, the SEC and more than 1,200 hospitals and 1,400 financial institutions. ZixCorp Email Encryption Services are powered by ZixDirectorySM, the largest email encryption community in the world. The tens of millions of ZixDirectory members can feel secure knowing their most important relationships are protected. For more information, visit www.zixcorp.com.


Contact:
ZixCorpInvestor Relations:Charles Messman, 323-468-2300orTodd Kehrli, [email protected] Relations:Taylor Stansbury, [email protected]

ZIXI got a little
mo mo going here, just keeps going up , how high will she go 



Technicals
Record Price High

Last Price Quote is:
11.66%above 13-day MA
20.43%above 50-day Day's Range: 3.18 - 3.35


52wk Range: 1.53 - 3.35
Volume: 1,382,331
Avg Vol (3m): 480,638
Market Cap: 212.72M
P/E (ttm): 175.26
EPS (ttm): 0.02
Div & Yield: N/A (N/A)
MA
RS Rating: 94 

booyah...
ZIXI  Zix Corporation Achieves Record Earnings...

Day's Range: 3.81 - 4.07
52wk Range: 1.53 - 4.07
Volume: 1,862,413
Avg Vol (3m): 664,794
Market Cap: 258.85M
P/E (ttm): 212.63
EPS (ttm): 0.02
Div & Yield: N/A (N/A)

Technicals
Record Price High

Last Price Quote is:
14.17%above 13-day EMA
33.75%above 50-day EMA
RS Rating: 96 


DALLAS, Oct 25, 2010 (BUSINESS WIRE) -- Zix Corporation (ZIXI, Trade ), the leader in email encryption services, today announced financial results for the third quarter ended Sept. 30, 2010.

Third Quarter 2010 Financial Highlights

Revenue of $9.0 million, an increase of 15.4%, year-over-year GAAP net income of $.03 per share, an increase of $.04, year-over-year Non-GAAP net income of $.04 per share, an increase of $.03, year-over-year Cash flow from operations for the nine months ended September 30, 2010, of $6.6 million, an increase of $6.9 million, year-over-year Cash and cash equivalents of $19.6 million, an increase of $6.3 million for the nine months ended September 30, 2010

"With the increase in demand for secure email for customer privacy and to meet regulatory compliance standards, ZixCorp finds itself in a good position. New customers and partners continue to recognize our leadership," said Rick Spurr, ZixCorp's Chairman and Chief Executive Officer. "ZixCorp's customer service and strengths in technology, such as the ZixDirectory(SM), customer-focused delivery methods and Software-as-a-Service (SaaS) architecture, deliver benefits that appeal to customers and partners alike."

(1) Changes are based on actuals versus numbers shown in the columns which may reflect rounding

(2) A reconciliation of GAAP to non-GAAP, adjusted results is attached to this press release and is available on our investor relations Web page at http://investor.zixcorp.com

(3) Adjusted earnings before interest, taxes, depreciation and amortization

(4) Service contract commitments that represent future revenue to be recognized as the services are provided

Business Highlights

Email Encryption:

The Alcohol and Tobacco Tax and Trade Bureau (TTB) selected ZixCorp to provide secure email. TTB is the fifth bureau of the U.S. Treasury department to use ZixCorp(R) Email Encryption Services. ZixCorp signed a new, three-year contract with a Blue Cross Blue Shield (BCBS) organization that replaced a competitor's solution. This new customer addition further solidifies ZixCorp's position within the BCBS family of customers. ZixCorp now has more than 30 BCBS organizations using the Company's Email Encryption Services. The Company continues to pursue strategic distribution options for its encrypted email service. During the quarter an international electronic payments organization began to integrate ZixCorp Email Encryption Services into their service delivery platform. ZixCorp continued its growth in the financial services industry and now has more than 1,400 financial institution customers. The Company's shared community of users, ZixDirectory, now includes more than 23 million members and is growing by approximately 100,000 members per week.

e-Prescribing:

On December 8, 2009, ZixCorp announced its planned exit from the e-Prescribing business. The Company is on track to exit this business on December 31, 2010, while fulfilling its existing obligations to customers and partners. We expect this business to be slightly profitable for 2010. Included in the Corporate results above are the e-Prescribing business segment results, as follows:

Outlook:

For the full-year 2010, the Company is reaffirming its previously issued revenue guidance and increasing its adjusted non-GAAP earnings to be between $0.11 and $0.12, per fully diluted share.

Conference Call Information:

The Company will discuss its financial results and outlook on a conference call on Monday, Oct. 25, 2010, at 5 p.m. ET. A live webcast of the conference call will be available on our investor relations web site at http://investor.zixcorp.com . Alternatively, participants can access the conference call by dialing 1-800-261-3417 (U.S. toll-free) or 1-617-614-3673 (international) at least 15 minutes before the call and entering access code 50233150. An audio replay of the conference will be available until Nov. 1, 2010, by dialing 1-888-286-8010 (U.S. toll-free) or 1-617-801-6888 (international) and entering the access code 41842978. An archive for the webcast will also be available on the ZixCorp investor relations Web site.

About Zix Corporation

Zix Corporation (ZixCorp) provides the only email encryption services designed with your most important relationships in mind. Many of the most influential companies and government organizations use the proven ZixCorp(R) Email Encryption Services, including WellPoint, Humana, the SEC, and more than 1,200 hospitals and 1,400 financial institutions. ZixCorp Email Encryption Services are powered by ZixDirectory(SM), the largest email encryption community in the world. The tens of millions of ZixDirectory members can feel secure knowing their most important relationships are protected. For more information, visit www.zixcorp.com .

Statements in this release that are not purely historical facts or that necessarily depend upon future events, including statements about exiting the e-Prescribing business, forecasts of revenue or earnings, or other statements about anticipations, beliefs, expectations, hopes, intentions or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based upon information available to ZixCorp on the date this release was issued. ZixCorp undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to how privacy law mandates may affect the use of email encryption and ZixCorp's ability to establish and maintain strategic and distribution relationships to gain customers and grow revenues in its Email Encryption business. ZixCorp may not succeed in addressing these and other risks. Further information regarding factors that could affect ZixCorp financial and other results can be found in the risk factors section of ZixCorp's most recent filing on Form 10-K with the Securities and Exchange Commission.

ZIX CORPORATION
NOTES TO RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES



USE OF NON-GAAP FINANCIAL INFORMATION

The Company occasionally utilizes financial measures and terms not calculated in accordance with generally accepted accounting principles in the United States ("GAAP") in order to provide investors with an alternative method for assessing our operating results in a manner that enables investors to more thoroughly evaluate our current performance as compared to past performance. We also believe these non-GAAP measures provide investors with a more informed baseline for modeling the Company's future financial performance. Management uses these non-GAAP financial measures to make operational and investment decisions, to evaluate the Company's performance, to forecast and to determine compensation. Further, management utilizes these performance measures for purposes of comparison with its business plan and individual operating budgets and allocation of resources. We believe that our investors should have access to, and that we are obligated to provide, the same set of tools that we use in analyzing our results. These non-GAAP measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for or superior to GAAP results. We have provided definitions below for certain non-GAAP financial measures, together with an explanation of why management uses these measures and why management believes that these non-GAAP financial measures are useful to investors. In addition, in our Earnings Release we have provided tables to reconcile the non-GAAP financial measures utilized to GAAP financial measures.

ADJUSTED NON-GAAP MEASURES

Our non-GAAP measures adjust GAAP Gross profit, Operating income (loss), Net income (loss), Net income (loss) per share - diluted and EBITDA for non-cash stock-based compensation expense, non-recurring severance expenses and expense related to the wind-down of our e-Prescribing business to derive non-GAAP adjusted Gross profit, adjusted Operating income (loss), adjusted Net income (loss), adjusted Net income (loss) per share - diluted and adjusted EBITDA. We provide a reconciliation of these adjusted non-GAAP measures to GAAP Gross profit, Operating income (loss), Net income (loss), Net income (loss) per share - diluted and EBITDA.

We do not provide a reconciliation of forward looking adjusted Non-GAAP earnings per share to GAAP earnings per share. Our forward looking adjusted Non-GAAP earnings per share information consistently excludes non-cash stock based compensation expense which is generally $500,000 to $600,000 on a quarterly basis. Additionally, the adjusted Non-GAAP earnings per share will consistently exclude nonrecurring items that impact our on-going business. At this time, such one-time transactions are unknown and not available. Estimates of these one-time items may differ materially from actual results. See items (A) through (C) below for further information on the current quarter's reconciling items.

Items (A) through (E) on the "Reconciliation of GAAP to Non-GAAP Financial Measures" table are listed to the right of certain categories under "Gross profit', "Operating income (loss)", "Net income (loss)" and "Net income (loss) per share - diluted" and "EBITDA" and correspond to the categories explained in further detail below under (A) through (D).

(A) Non-cash stock-based compensation charges relating to stock option grants awarded to employees and third-party service providers and accounted for in accordance with Share-Based Payment accounting guidance. See (1) on previous page for breakdown of stock-based compensation. Because of varying valuation methodologies, subjective assumptions and varying award types, the Company believes that the exclusion of stock-based compensation charges provides for more accurate comparisons to our peer companies, and for a more accurate comparison of our financial results to previous periods. Additionally, the Company believes it is useful to investors to understand the specific impact of non-cash stock-based compensation charges on our operating results.

(B) Severance payments related to reduction in workforce. See item (2) on previous page for breakdown of severance payments. The Company's management excludes these costs when evaluating the ongoing performance and/or predicting its earnings trends, and therefore excludes these charges on our operating results.

(C) Expenses related to strategic review and wind-down of the Company's e Prescribing business segment. The Company's management excludes these costs when evaluating the ongoing performance and/or predicting its earnings trends, and therefore excludes these charges when presenting non-GAAP financial measures.

(D) The Company's U.S. operations' net losses for U.S. tax purposes are fully provisioned. The non-GAAP adjustment represents the non-cash tax expense included in the GAAP tax provision. The remaining provision for income taxes represents expected cash taxes to be paid.

(E) EBITDA represents earnings before interest, taxes, depreciation and amortization. Adjusted EBITDA adds back stock-based compensation, severance payments and expenses relating to the wind down of the Company's e-Prescribing business.

SOURCE: Zix Corporation


ZixCorp
Investor Relations
Charles Messman, 323-468-2300
[email protected]
or
Public Relations
Taylor Stansbury, 214-370-2134
[email protected]

Zix Corporation to Present at First Midwest Securities' Small Cap Ideas Conference

Press Release Source: Zix Corporation On Tuesday December 7, 2010, 7:35 am EST

DALLAS--(BUSINESS WIRE)-- Zix Corporation (ZixCorp), (Nasdaq:ZIXI - News), the leader in email encryption services, announces that Rick Spurr, ZixCorp's Chairman and Chief Executive Officer, will present at the Small Cap Ideas Conference at 1:30 p.m. ET on Thursday, Dec. 16, 2010. The one-day event is hosted by First Midwest Securities, Inc. (FMSI) and will be held at the Harvard Club in New York.


Mr. Spurr will also hold one-on-one meetings. To arrange a meeting, please contact David Kanen, Vice President of Institutional Sales for FMSI, at [email protected] or the MKR Group, ZixCorp's investor relations firm, at [email protected].


For more event information or to register for the conference, please contact Mr. Kanen.


About Zix Corporation

Zix Corporation (ZixCorp) provides the only email encryption services designed with your most important relationships in mind. The most influential companies and government organizations use the proven ZixCorp® Email Encryption Services, including WellPoint, Humana, the SEC and more than 1,200 hospitals and 1,400 financial institutions. ZixCorp Email Encryption Services are powered by ZixDirectorySM, the largest email encryption community in the world. The tens of millions of ZixDirectory members can feel secure knowing their most important relationships are protected. For more information, visit www.zixcorp.com.


Contact:
ZixCorpCharles Messman, 323-468-2300Investor [email protected] StansburyPublic Relations, [email protected]

ZIXI got a little mo mo going here...


Day's Range: 3.93 - 4.29
52wk Range: 1.55 - 4.29
Volume: 2,814,582
Avg Vol (3m): 692,095
Market Cap: 274.94M
P/E (ttm): 75.54
EPS (ttm): 0.06
Div & Yield: N/A (N/A)


Technicals
Record Price High
Close Above the 13-day EMA
Record Price Break Out
Percentage Gainer

Last Price Quote is:
11.81%above 13-day EMA
21.18%above 50-day EMA
RS Rating: 93