CustomTracks Changes Name to ZixIt Corporation; ZixIt to Trade Under New Ticker Symbol (Nasdaq: ZIXI) Beginning October 1, 1999
DALLAS, Sept. 15 /PRNewswire/ -- CustomTracks Corporation (Nasdaq: CUST) announced today that it has changed its name to ZixIt Corporation, effective immediately, as a result of a shareholder vote announced on September 14, 1999. The company also said that it will continue to trade on The Nasdaq Stock Market, using the symbol "CUST" through September 30, 1999, and then begin trading under the new ticker symbol "ZIXI" on October 1, 1999.
David P. Cook, chairman and chief executive officer of ZixIt Corporation, said, "Changing our company name to ZixIt Corporation is the first step in a long-term branding strategy that will cover all future products, including ZixMail(TM) and ZixCharge(TM)." ZixMail is the company's new secure Internet-messaging service and ZixCharge is its new transaction authorization system.
Mr. Cook also announced that the company has been organized into three business units. ZixCharge.com, Inc., the operating unit responsible for marketing the company's ZixCharge product, will continue to report to Mr. Cook. ZixMail.com, Inc., headed by President Douglas H. Kramp, will market the company's ZixMail product. ZixIt.com, Inc., headed by President Don D. Druckenbrodt, will manage the company's secure data center, which houses the ZixIt(TM) Worldwide Signature Server and provides computing resources to the other operating units.
ZixIt Corporation, formerly known as CustomTracks Corporation, is the developer and owner of the ZixIt(TM) Digital Signature and encryption technology. Products currently under development include ZixMail(TM), a secure Internet-messaging system; and ZixCharge(TM), an Internet transaction authorization system. Based in Dallas, ZixIt Corporation plans to trade under the ticker symbol "ZIXI" beginning October 1, 1999. For further investor and product information, visit the company's Web site at www.zixit.com or contact investor relations at 972-702-7057.
SOURCE ZixIt Corporation