GlobalSCAPE Named Technology of the Year in Business Intelligence Group's 2020 Award Program

SAN ANTONIO, May 6, 2020 /PRNewswire/ -- GlobalSCAPE, Inc. (NYSE American: GSB), a worldwide leader in the secure movement and integration of data, today announced it was named one of the seven winners in the Technology of Year category in Business Intelligence Group's Excellence in Customer Service Awards. The company also recently announced that two San Antonio-based team members were recognized in the same program for the customer service excellence.

"It's an honor for GlobalSCAPE to be recognized as a technology leader dedicated to innovation and superb client experience," said Mark Hood, chief operating officer at GlobalSCAPE. "Our EFT 2020 solution is the most robust file transfer platform on the market and is backed up by world-class professional services and support."

Organizations have specific, customized needs when it comes to secure file transfers. To meet these requirements, GlobalSCAPE offers the needed flexibility and feature set within its Enhanced File Transfer(TM) (EFT(TM)) 2020 solution. The company is consistently praised for providing versatile tools for automation, collaboration, security, and analytics - giving organizations the means to control and optimize file transfer management. EFT 2020 is proven to be reliable and efficient, offering security far superior to most legacy systems and FTP servers.

The Excellence in Customer Service Awards are among the latest recognitions for GlobalSCAPE. The EFT 2020 platform received top honors in the Secure File Transfer category of the 2020 Cybersecurity Excellence Awards. The company also was named a 2020 Best Company to Work for in Texas, was named a finalist for the San Antonio Business Journal's Business of the Year, and two San Antonio-based team members were recognized for excellence in customer service by the Business Intelligence Group.

About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE American: GSB) is a pioneer in securing and automating the movement and integration of data seamlessly in, around and outside your business, between applications, people and places, in and out of the cloud. GlobalSCAPE provides cloud services that automate your work, secure your data, and integrate your applications - while giving visibility to those who need it. GlobalSCAPE makes business flow brilliantly. Visit www.globalscape.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words "would," "exceed," "should," "anticipates," "believe," "expect," and variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause the actual results of the operations or financial condition of the Company to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, the overall level of consumer spending on our products; general economic conditions and other factors affecting consumer confidence; disruption and volatility in the global capital and credit markets; the Company's ability to protect patents, trademarks and other intellectual property rights; any breaches of, or interruptions in, our information systems; legal, regulatory, political and economic risks in international markets and global public health crises that reduce economic activity (including the recent coronavirus COVID-19 outbreak); the results of our reduction in force; the discovery of additional information relevant to the internal investigation; the possibility that additional errors relevant to the recently completed restatement may be identified; pending litigation and other proceedings and the possibility of further legal proceedings adverse to the Company resulting from the restatement or related matters; the costs associated with the restatement and the investigation, pending litigation and other proceedings and possible future legal proceedings; and our decreased "public float" (the number of shares owned by non-affiliate stockholders and available for trading in the securities markets) as a result of share repurchases. More information on potential risks and other factors that could affect the Company's financial results is included from time to time in the Company's public reports filed with the SEC, including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release and speak only as of the date hereof.

GlobalSCAPE Investor Relations Contact:
ir@GlobalSCAPE.com

GlobalSCAPE Public Relations Contact:
Zintel Public Relations
Matthew Zintel
matthew.zintel@zintelpr.com

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SOURCE GlobalSCAPE, Inc.