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

---------- ---------- - ---------- Total operating expenses 18,172,000 (1,711,000) - 16,461,000 ---------- ---------- --- ---------- Operating income/ (loss) (4,811,000) 1,947,000 - (2,864,000) Other income, net 435,000 435,000 Income/(loss) before income taxes (4,376,000) 1,947,000 - (2,429,000) Provision for income taxes (187,000) 33,000 (154,000) -------- ---------- ------ -------- Net income/(loss) $(4,563,000) $1,947,000 $33,000 $(2,583,000) =========== ========== ======= =========== Basic and diluted loss per common share $(0.07) $(0.04) Basic and diluted weighted average shares outstanding 62,893,809 62,893,809 ========== ========== (A) Non-cash stock-based compensation charges relating to stock option grants awarded to employees and third-party service providers and accounted for in accordance with SFAS123R, "Share-Based Payment," currently within the scope of ASC 718-10. (B) Actual taxes to be paid are consistent with the GAAP provision for income taxes

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