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Zix Corporation Reports Another Record-High Revenue Quarter as Company Announces Second Quarter 2009 Financial Results
Date:7/28/2009

                                  ZIX CORPORATION
                       CONDENSED CONSOLIDATED BALANCE SHEETS

                                                    June 30,
                                                      2009       December 31,
                                                   (unaudited)      2008
                                                   ------------     ----
    ASSETS
    Current assets:
      Cash and cash equivalents                    $12,494,000   $13,245,000
      Marketable securities                             25,000             -
      Receivables, net                                 628,000       476,000
      Prepaid and other current assets               1,163,000     1,145,000
                                                    ----------    ----------
        Total current assets                        14,310,000    14,866,000
    Restricted cash                                          -        28,000
    Property and equipment, net                      2,254,000     2,236,000
    Goodwill and other assets                        2,220,000     2,227,000
                                                   -----------   -----------
        Total assets                               $18,784,000   $19,357,000
                                                   ===========   ===========


    LIABILITIES AND STOCKHOLDERS' DEFICIT
    Current liabilities:
      Accounts payable and accrued expenses         $4,122,000    $2,916,000
      Deferred revenue                              14,537,000    14,960,000
      License subscription note payable                121,000             -
                                                       -------       -------
        Total current liabilities                   18,780,000    17,876,000
    Long-term liabilities:
      Deferred revenue                               2,888,000     2,484,000
      License subscription note payable,
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SOURCE Zix Corporation
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