GlobalSCAPE Projects 2007 Revenues to Exceed Guidance by almost $1M

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Tue Jan 15, 2008 8:00am EST

SAN ANTONIO--(Business Wire)--GlobalSCAPE (AMEX:GSB), a leading provider of products that allow
companies to move, store and share files securely over the Internet,
today announced projected record revenues for the quarter ending
December 31, 2007 and the year 2007. Revenue for the 4th quarter, 2007
should exceed $4.4M, and for 2007 revenues should surpass $18.3M. The
Company emphasized that these are preliminary, unaudited numbers that
may be subject to audit adjustments upon completion in mid-March of
this year.

   "I am particularly encouraged by the strong finish we had in the
fourth quarter, and am optimistic about our opportunities in 2008,"
commented Randy Poole, President and CEO. "I look forward to reporting
our fully audited final results in mid-March and discussing our plans
for 2008 at that time."

   About GlobalSCAPE

   GlobalSCAPE, a provider of Global Managed File Transfer (MFT)
solutions and wide-area file services (WAFS) technologies, delivers a
modular approach to solving the enterprise challenges of security,
bandwidth, latency and regulatory compliance. GlobalSCAPE's products
securely and efficiently move files such as financial data, medical
records, customer files, intellectual property, and other sensitive
documents of any size between supply chain partners and branch
offices. GlobalSCAPE's products are used by mid- technology, banking,
healthcare, and public sector organizations. Headquartered in San
Antonio, TX, GlobalSCAPE sized and large enterprise companies,
including virtually all of the Fortune 100, leading is also the
developer of CuteFTP, the most popular file transfer protocol
application on the market. For more information on our risk-free
purchase options, visit www.globalscape.com or call 800-290-5054 (US)
or 210-308-8267 (international).

GlobalSCAPE
Earl Posey, 210-293-7918
VP-Investor Relations/Business Operations

Copyright Business Wire 2008
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