Zix Corporation Ranked Number 57 Fastest Growing Company in North America on Deloitte's 2006 Technology Fast 500
October 23 2006 - 1:00PM
Business Wire
Zix Corporation (ZixCorp�), (Nasdaq: ZIXI), the leader in hosted
services for email encryption and e-prescribing, today announced
that it ranked Number 57 on Deloitte�s 2006 Technology Fast 500, a
ranking of the 500 fastest growing technology, media,
telecommunications and life sciences companies in North America.
Rankings are based on percentage revenue growth over five years,
from 2001-2005. ZixCorp grew 430 percent during this period.
ZixCorp�s CEO, Rick Spurr, credits leadership in both the email
encryption and e-prescribing segments with the company�s 430
percent revenue growth over the past five years. He said, �ZixCorp
continues to achieve market leadership in two high-growth markets
with our revolutionary technology solutions. We are also focused on
delivering bottom-line financial results to go with the top-line
achievement being recognized here. We have now achieved the
targeted headcount reductions from our announced cash utilization
improvement plan, which is slightly ahead of schedule, and we
remain on track to show continued improvement in the cash burn for
Q4 and see dramatic reductions in 2007 on the way to becoming cash
flow positive no later than 2008.� �Sophisticated technology is
becoming the norm and is in almost everything in the 21st century,�
said Tony Kern, deputy managing principal of Deloitte�s Technology,
Media & Telecommunications industry practice. �ZixCorp has
developed technology solutions that deliver in today�s highly
competitive world, and we applaud their efforts, ingenuity and
teamwork in becoming one of the fastest growing technology
companies in North America.� In addition to ranking on Deloitte�s
Technology Fast 500, ZixCorp ranked fifth on the Texas Technology
Fast 50, which is a ranking of the 50 fastest growing technology
firms in Texas. Fast 500 Selection and Qualifying Criteria The Fast
500 ranks the fastest growing technology, media, telecommunications
and life sciences companies in North America. It is compiled from
Deloitte�s 12 regional North American Fast 50 programs, nominations
submitted directly to the Fast 500, and public company database
research. Companies are selected based on percentage revenue growth
from 2001 to 2005. Entrants must own proprietary intellectual
property or proprietary technology that contributes to a
significant portion of the company�s operating revenues or devote a
significant proportion of revenues to research and development of
technology. Using other companies� technology or intellectual
property in a unique way does not qualify. Base-year operating
revenues must be at least $50,000 USD or $75,000 CAD, and
current-year operating revenues must be at least $5 million USD or
CAD. Companies must be in business a minimum of five years, and
they must be headquartered within North America. About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss
Verein, its member firms, and their respective subsidiaries and
affiliates. Deloitte Touche Tohmatsu is an organization of member
firms around the world devoted to excellence in providing
professional services and advice, focused on client service through
a global strategy executed locally in nearly 150 countries. With
access to the deep intellectual capital of approximately 135,000
people worldwide, Deloitte delivers services in four professional
areas�audit, tax, consulting, and financial advisory services�and
serves more than one-half of the world�s largest companies, as well
as large national enterprises, public institutions, locally
important clients, and successful, fast-growing global growth
companies. Services are not provided by the Deloitte Touche
Tohmatsu Verein, and, for regulatory and other reasons, certain
member firms do not provide services in all four professional
areas. As a Swiss Verein (association), neither Deloitte Touche
Tohmatsu nor any of its member firms has any liability for each
other�s acts or omissions. Each of the member firms is a separate
and independent legal entity operating under the names �Deloitte,�
�Deloitte & Touche,� �Deloitte Touche Tohmatsu,� or other
related names. In the US, Deloitte & Touche USA LLP is the US
member firm of Deloitte Touche Tohmatsu and services are provided
by the subsidiaries of Deloitte & Touche USA LLP (Deloitte
& Touche LLP, Deloitte Consulting LLP, Deloitte Financial
Advisory Services LLP, Deloitte Tax LLP and their subsidiaries),
and not by Deloitte & Touche USA LLP. The subsidiaries of the
US member firm are among the nation's leading professional services
firms, providing audit, tax, consulting and financial advisory
services through nearly 30,000 people in more than 80 cities. Known
as employers of choice for innovative human resources programs,
they are dedicated to helping their clients and their people excel.
For more information, please visit the US member firm�s web site at
www.deloitte.com/us. About Zix Corporation ZixCorp is the leading
provider of hosted email encryption and e-prescribing services.
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 reduces costs and improves patient care by automating the
prescription process between payors, doctors, and pharmacies. For
more information, visit www.zixcorp.com. Zix Corporation
(ZixCorp(R)), (Nasdaq: ZIXI), the leader in hosted services for
email encryption and e-prescribing, today announced that it ranked
Number 57 on Deloitte's 2006 Technology Fast 500, a ranking of the
500 fastest growing technology, media, telecommunications and life
sciences companies in North America. Rankings are based on
percentage revenue growth over five years, from 2001-2005. ZixCorp
grew 430 percent during this period. ZixCorp's CEO, Rick Spurr,
credits leadership in both the email encryption and e-prescribing
segments with the company's 430 percent revenue growth over the
past five years. He said, "ZixCorp continues to achieve market
leadership in two high-growth markets with our revolutionary
technology solutions. We are also focused on delivering bottom-line
financial results to go with the top-line achievement being
recognized here. We have now achieved the targeted headcount
reductions from our announced cash utilization improvement plan,
which is slightly ahead of schedule, and we remain on track to show
continued improvement in the cash burn for Q4 and see dramatic
reductions in 2007 on the way to becoming cash flow positive no
later than 2008." "Sophisticated technology is becoming the norm
and is in almost everything in the 21st century," said Tony Kern,
deputy managing principal of Deloitte's Technology, Media &
Telecommunications industry practice. "ZixCorp has developed
technology solutions that deliver in today's highly competitive
world, and we applaud their efforts, ingenuity and teamwork in
becoming one of the fastest growing technology companies in North
America." In addition to ranking on Deloitte's Technology Fast 500,
ZixCorp ranked fifth on the Texas Technology Fast 50, which is a
ranking of the 50 fastest growing technology firms in Texas. Fast
500 Selection and Qualifying Criteria The Fast 500 ranks the
fastest growing technology, media, telecommunications and life
sciences companies in North America. It is compiled from Deloitte's
12 regional North American Fast 50 programs, nominations submitted
directly to the Fast 500, and public company database research.
Companies are selected based on percentage revenue growth from 2001
to 2005. Entrants must own proprietary intellectual property or
proprietary technology that contributes to a significant portion of
the company's operating revenues or devote a significant proportion
of revenues to research and development of technology. Using other
companies' technology or intellectual property in a unique way does
not qualify. Base-year operating revenues must be at least $50,000
USD or $75,000 CAD, and current-year operating revenues must be at
least $5 million USD or CAD. Companies must be in business a
minimum of five years, and they must be headquartered within North
America. About Deloitte Deloitte refers to one or more of Deloitte
Touche Tohmatsu, a Swiss Verein, its member firms, and their
respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is
an organization of member firms around the world devoted to
excellence in providing professional services and advice, focused
on client service through a global strategy executed locally in
nearly 150 countries. With access to the deep intellectual capital
of approximately 135,000 people worldwide, Deloitte delivers
services in four professional areas--audit, tax, consulting, and
financial advisory services--and serves more than one-half of the
world's largest companies, as well as large national enterprises,
public institutions, locally important clients, and successful,
fast-growing global growth companies. Services are not provided by
the Deloitte Touche Tohmatsu Verein, and, for regulatory and other
reasons, certain member firms do not provide services in all four
professional areas. As a Swiss Verein (association), neither
Deloitte Touche Tohmatsu nor any of its member firms has any
liability for each other's acts or omissions. Each of the member
firms is a separate and independent legal entity operating under
the names "Deloitte," "Deloitte & Touche," "Deloitte Touche
Tohmatsu," or other related names. In the US, Deloitte & Touche
USA LLP is the US member firm of Deloitte Touche Tohmatsu and
services are provided by the subsidiaries of Deloitte & Touche
USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP,
Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and
their subsidiaries), and not by Deloitte & Touche USA LLP. The
subsidiaries of the US member firm are among the nation's leading
professional services firms, providing audit, tax, consulting and
financial advisory services through nearly 30,000 people in more
than 80 cities. Known as employers of choice for innovative human
resources programs, they are dedicated to helping their clients and
their people excel. For more information, please visit the US
member firm's web site at www.deloitte.com/us. About Zix
Corporation ZixCorp is the leading provider of hosted email
encryption and e-prescribing services. 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.
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