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Zix Corporation Hits High End of Financial Guidance as Company Announces Third Quarter 2009 Financial Results
Date:10/27/2009

318,000 2,026,000 ------- --------- Net cash (used in) provided by operating activities (317,000) 1,413,000 Investing activities: Purchases of property and equipment (852,000) (695,000) Restricted cash investments and marketable securities, net 3,000 1,734,000 ----- --------- Net cash (used in) provided by investing activities (849,000) 1,039,000 Financing activities: Proceeds from exercise of stock options 13,000 164,000 Proceeds from exercise of warrants 339,000 - Payment of promissory note (39,000) - ------- --- Net cash provided by financing activities 313,000 164,000 ------- ------- (Decrease) increase in cash and cash equivalents (853,000) 2,616,000 Cash and cash equivalents, beginning of period 13,245,000 10,524,000 ---------- ---------- Cash and cash equivalents, end of period $12,392,000 $13,140,000 =========== =========== ZIX CORPORATION RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (Unaudited) Three Months Ended September 30, 2009 ------------------------------------- Non-Cash Strategic Stock- Non- Alter- Income based Recurring native Tax
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