ZixIt and AlphaOmega Soft Announce Exclusive Distribution Agreement for Japan; Fujitsu Affiliate to Provide Accelerated Distribution of ZixMail in New Market
DALLAS, Jul 2, 2001 (BUSINESS WIRE) -- ZixIt Corp. (Nasdaq:ZIXI), a leading
provider of products and services that bring privacy, security, and convenience
to Internet communications, and AlphaOmega Soft Co., Ltd., a Tokyo-based
software development company and sales affiliate of Fujitsu Limited, announced
today a strategic marketing agreement.
Under the agreement, AlphaOmega Soft becomes the exclusive distributor of
ZixMail(TM) for Japan in return for guaranteed minimum payments to ZixIt during
the three-year course of the agreement. The agreement is the first of its kind
outside of the United States for ZixIt.
ZixMail is an easy and affordable way for companies and individuals to send
email that is private, secure, and certified. With its irrefutable certified
receipt feature, ZixMail improves security of email communications sent
internally as well as beyond firewalls, making it a useful everyday business
tool as well as a natural extension to a company's corporate security policy.
"This agreement underscores the importance of Internet messaging security to the
Japanese market," said ZixIt Chairman Jeff Papows. "AlphaOmega Soft recognizes
Internet email security to be a vital issue in Japan, and we're gratified by
their endorsement of ZixMail for its technological elegance, particularly
considering the prestigious backers of AlphaOmega Soft, which include Fujitsu
and Softbank. This relationship represents a tremendous opportunity for ZixIt to
enter one of the world's foremost business centers with the backing of a
strategic regional partner."
According to the arrangement, AlphaOmega Soft Co., Ltd. has the exclusive right
to distribute ZixMail in Japan over a three-year period. ZixMail is
complementary to other products AlphaOmega Soft currently markets and will be
the first secure email product to be offered in Japan that can be quickly
implemented by corporations without consulting fees, additional hardware, or
increased IT support.
"Our clients, which range from leading companies based in Tokyo to multinational
firms, use the Internet for communication and critical business needs. We see a
valuable opportunity to offer them a service such as ZixMail, which can be used
to send messages and attached files to any email address in the world safely and
securely, without custom development, and at a reasonable price," said Takamasa
Sasaki, president and chief executive officer of AlphaOmega Soft.
An English-language version of ZixMail is currently available to AlphaOmega
Soft's customers from its Web site at www.alphaomega.co.jp as a free trial. A
Japanese-language version of the product is scheduled to make its debut later
Steve Gersten, senior vice president of sales at ZixIt Corp., said, "ZixMail's
convenience is a major draw for this market, particularly the certified receipt
and the send-to-anyone feature, which allows users to send secure messages to
individuals who have yet to download the product."
He continued, "Our agreement with AlphaOmega Soft, which guarantees ZixIt a
minimum of $1.2 million in service fees over three years, is one of many
opportunities we are aggressively pursuing in the international arena. It
appears that global companies are keenly aware of the need to safeguard their
proprietary information and recognize that email is probably the single largest
unprotected application that exists in the corporate world today."
AlphaOmega Soft and ZixIt have agreed that their target goal for sales in Japan
over the next 12 months will be approximately 200,000 users, with progress made
in Japan contributing to ZixIt's overall sales goals.
About AlphaOmega Soft Co., Ltd.
AlphaOmega Soft Co., Ltd. is a provider and developer of software for data
recovery, voice recognition, multimedia, security, and storage. AlphaOmega
Soft's current client list includes Fujitsu Limited; IBM Japan, Ltd.; Softbank
Corp.; Kinko's, Inc.; Toshiba Information Equipment Co, Ltd.; NEC Corp.;
Matsushita Electric Industrial Co. Ltd.; and Sony Electronics, Inc. AlphaOmega
Soft Co., Ltd. was founded in 1995 by a group of investors that includes Fujitsu
Limited, Softbank Internet Fund, Mitsubishi Corp., and Nomura Securities.
About ZixIt Corp.
ZixIt Corp. provides products and services that enhance security, privacy, and
convenience for users of the Internet. The company's ZixMail(TM) product is a
secure email application and service that enables Internet users worldwide to
easily send encrypted and digitally signed communications using their existing
email systems and addresses. For more information, email email@example.com, call
214/370-2000, or visit www.zixit.com. For ZixIt investor information, call
214/515-7357 or email firstname.lastname@example.org.
Safe Harbor Statement
The following is a "Safe Harbor" statement under the Private Securities
Litigation Reform Act of 1995. This release contains forward-looking statements.
These forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, and actual results may differ materially from
those projected in the forward-looking statements. These risks and uncertainties
include, but are not limited to, the following: the limited operating history of
the company in the Internet arena; the rapid development of competition in the
Internet arena; the company's ability to successfully and timely develop its
products and execute its business strategy; and the company's ability to achieve
broad market acceptance for its products and services. Further details on such
risks and uncertainties may be found in the company's public filings with the
CONTACT: MS&L, New York
Cindy Lawrence, 212/213-7484
Lindsay Leslie, 214/665-1341
Beverly V. Fuortes, 214/515-7357
Noriko Harada, +81-3-5575-2201