Zix Corp. Achieves 430% Revenue Growth in Five Years

Strategic Insights -

Zix Corp. (Nasdaq:ZIXI), a leading provider of hosted email encryption and e-prescribing solutions, has experienced phenomenal growth in the past five years, with revenue increasing by an astonishing 430%. This remarkable achievement has propelled the company to the 57th position on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, and life sciences companies in North America. The company's CEO, Rick Spurr, attributes the success to leadership in the email encryption and e-prescribing segments, as well as its commitment to delivering bottom-line financial results.

Key Takeaways:

  • Zix Corp. has achieved 430% revenue growth over the past five years, from 2001-2005.
  • The company ranked 57th on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, and life sciences companies in North America.
  • Zix's client roster includes prominent companies such as Aon Corporation, Blue Cross-Blue Shield of Arizona, BASF, DuPont, ConocoPhillips, and Universal Health Services.
  • The company's ZixMail system allows users to transmit encrypted email and documents to any address in the world, with recipients who are not service subscribers able to access the messages through the company's ZixMail.net portal.
  • Zix Corp. has developed technology solutions that are becoming the norm in the 21st century, with sophisticated technology being a key driver of growth in the company's revenue.
  • The company is focused on delivering bottom-line financial results, having achieved targeted headcount reductions and remaining on track to show continued improvement in cash burn.
  • Zix Corp. aims to become cash flow positive by 2008.

Statistics:

  • In the past five years (2001-2005), Zix Corp.'s revenue has grown by 430%.
  • The company has achieved this growth through leadership in both the email encryption and e-prescribing segments.
  • Zix Corp. ranked 57th on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, and life sciences companies in North America.
  • The company's client roster includes prominent companies such as Aon Corporation, Blue Cross-Blue Shield of Arizona, BASF, DuPont, ConocoPhillips, and Universal Health Services.
  • Zix Corp. has developed technology solutions that are becoming the norm in the 21st century.

Sources:

  • Zix Corp. (Nasdaq:ZIXI)
  • Deloitte's 2006 Technology Fast 500
  • M2 PressWIRE - 24 October 2006
  • Bellwether Report.com
  • www.Hoovers.com
  • www.yahoo.com
  • www.associatedpress.com
  • www.marketwire.com
  • www.businesswire.com