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Zix Corporation Reports Highest Revenue Quarter as Company Announces First Quarter 2009 Financial Results
Date:4/28/2009

Total liabilities 20,785,000 20,660,000 Total stockholders' deficit (2,009,000) (1,303,000) ----------- ----------- Total liabilities and stockholders' deficit $18,776,000 $19,357,000 =========== =========== ZIX CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended March 31, ---------------------------- 2009 2008 ---- ---- Revenues $7,256,000 $7,199,000 Cost of revenues 2,471,000 2,580,000 --------- --------- Gross profit 4,785,000 4,619,000 Operating expenses: Research and development 1,731,000 1,545,000 Selling, general and administrative 4,644,000 4,817,000 --------- --------- Total operating expenses 6,375,000 6,362,000 --------- --------- Operating loss (1,590,000) (1,743,000) Investment and other income 68,000 116,000 ------ ------- Loss before income taxes (1,522,000) (1,627,000) Provision for income taxes 20,000 77,000
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