Zix Corp (ZIXI) Replacement Wins Grew 80% in FY12

January 9, 2013 7:37 AM EST
Zix Corporation (ZixCorp), (Nasdaq: ZIXI) announces that in 2012 the company grew its total number of replacement wins by 80 percent year over year. A replacement win is the signing of a new customer that previously used a competing email encryption solution. The 2012 replacement wins enabled these users to experience the ease of use of ZixGateway®, a policy-based email encryption service.

The increase in replacement wins for ZixCorp aligned with a 2012 Ponemon Institute survey that found that an estimated 50 percent of companies already using email encryption would be evaluating a switch in solutions by the end of 2014.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News

Add Your Comment