Last $3.49 USD
Change Today +0.045 / 1.31%
Volume 163.9K
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As of 5:20 PM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

zix corp (ZIXI) Key Developments

Zix Corporation Appoints Robert C. Hausmann as the Non-Executive Chairman

Zix Corporation announced that it separated the role of its chairman of the board from that of its chief executive officer. Robert C. Hausmann, ZixCorp's lead independent director, has been elected as the non-executive chairman of the board. Richard D. Spurr continues to serve as ZixCorp's CEO and as a director. Mr. Hausmann has served as a ZixCorp director since 2005 and has been instrumental in guiding ZixCorp's corporate governance, both as chair of the Nominating and Corporate Governance Committee and as lead independent director.

Zix Corporation Presents at Security Investor Conference, Dec-11-2014 04:00 PM

Zix Corporation Presents at Security Investor Conference, Dec-11-2014 04:00 PM. Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 10022, United States.

Third Coast Bank Adopts Zix Corporation's ZixOne

Zix Corporation has announced that Third Coast Bank SSB has selected its bring-your-own-device (BYOD) solution, ZixOne. The bank will be using the solution to protect corporate email accessed by employees on their mobile devices.

INSURICA Renews Email Encryption Agreement with Zix Corporation

Zix Corporation announced that it has signed a three-year renewal agreement with INSURICA Insurance Management Network. INSURICA has been a Zix(R) customer since 2007 and continues to use Zix Email Encryption to conveniently protect employee email containing personally identifiable information (PII). Zix Email Encryption includes policy filters that determine what emails should be encrypted to outbound recipients based on information contained within email messages, subject lines and attachments. Use of automatic encryption mitigates data loss and assists with corporate and regulatory compliance, without adversely impacting business operations.

Innovative Care Management Selects Zix Corporation's Bring Your Own Device (BYOD) Solution

Zix Corporation announced that Innovative Care Management (ICM), has selected ZixCorp's Bring Your Own Device (BYOD) solution, ZixOne, to grant employees secure access to corporate email on their personally owned devices. By accessing corporate email through ZixOne and not allowing that corporate data to reside on the device, ICM protects sensitive data in company email without hindering employee productivity. ICM provides ZixOne to all senior and mid-level employees, and the company is expanding its use to other employees who choose to use their personal devices for business purposes. To mitigate risks, if a device is ever lost or stolen, an ICM administrator can simply disable access to corporate email on that specific device through ZixOne, without impacting access to the employee's other devices. The Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and Clinical Health (HITECH) Act require that personal health information (PHI) is secure in transit and at rest. If a mobile device that contains PHI is lost or stolen, the organization is obligated to report the breach and take appropriate action to correct the violation, and it may also face penalties. Since ZixOne does not allow email data to reside on the device, it is not vulnerable to loss or theft.

 

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ZIXI

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Valuation ZIXI Industry Range
Price/Earnings 25.8x
Price/Sales 4.0x
Price/Book 3.5x
Price/Cash Flow 24.3x
TEV/Sales 3.5x
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