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

------ ------ Net loss $(1,542,000) $(1,704,000) ============ ============ Basic and diluted loss per common share $(0.02) $(0.03) ======= ======= Basic and diluted weighted average common shares outstanding 63,319,482 62,703,846 ========== ========== ZIX CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Three Months Ended March 31, --------------------------- 2009 2008 ---- ---- Operating activities: Net loss $(1,542,000) $(1,704,000) Non-cash items in net loss 1,163,000 1,105,000 Changes in operating assets and liabilities (497,000) 856,000 --------- --------- Net cash provided by (used in) operating activities (876,000) 257,000 Investing activities: Purchases of property and equipment (144,000) (71,000) Restricted cash investments and marketable securities, net 3,000 1,734,000 ------- --------- Net cash provided by (used in) investing activities (141,000) 1,663,000 Financing activ
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