American Savings Bank Selects ZixCorp Secure e-Messaging Solutions.Business & High-Tech Editors DALLAS--(BUSINESS WIRE)--Sept. 30, 2002 Deal Results from ZixCorp's Expanded Capabilities in Hawaii through Distribution Agreement with Newly Signed Partner Network 2000 Zix Corporation Zix Corporation (NASDAQ: ZIXI) is an American company based in Dallas, Texas that provides email encryption to health care organizations, financial institutions and government agencies. (ZixCorp(TM)), (Nasdaq:ZIXI), a global provider of secure e-messaging services, today announced that American Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. (American), a $6.2 billion federal savings bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks based in Honolulu, Hawaii For the city and county of Honolulu, see City & County of Honolulu. “Honolulu” redirects here. For other uses, see Honolulu (disambiguation). Honolulu is the capital as well as the most populous community of the State of Hawaii, United States. , will deploy ZixCorp's e-messaging suite to enhance the security of its email communications to customers and external business partners. Working with Network 2000, ZixCorp's new reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. in Hawaii, American signed a three-year deal with ZixCorp. The solution is based on ZixVPM(TM), (ZixVirtual Private Messenger), ZixCorp's network secure e-messaging service. American will utilize ZixCorp's custom branding option, providing a customized interface for emails from the Bank. "ZixVPM will allow American Savings Bank to send sensitive information to customers via email with complete confidence," said Craig Lee, American Savings Bank's chief information officer. "Customers can reply to the Bank using the same encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. system, knowing that their communications are completely secure." "This new relationship with Network 2000 provides an important opportunity for ZixCorp in Hawaii and promotes our strategy of penetrating target geographies through the right partnerships," said Wael Mohamed, vice president, ZixCorp global distribution. "Based on its extensive experience in that region, Network 2000 knows how important it is for organizations like American Savings Bank to offer its employees and partners an easy-to-implement security service. They are well-positioned to introduce ZixCorp solutions throughout the area." Under the Gramm-Leach-Bliley Act The Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, Pub. L. No. 106-102, 113 Stat. 1338 (November 12, 1999), is an Act of the United States Congress which repealed the Glass-Steagall Act, opening up competition of 1999, financial institutions are faced with tougher regulations to safeguard consumers' non-public personal information. ZixCorp offers financial institutions this easy-to-implement service to ensure that sensitive and confidential email communications are secure. "We were seeking a solution that enhances our security measures Noun 1. security measures - measures taken as a precaution against theft or espionage or sabotage etc.; "military security has been stepped up since the recent uprising" security ," Lee said. "Together with confidence in Network 2000, and after looking at competing solutions, we found that ZixCorp offered the best value - easy-to-deploy solutions that match our needs." Well-known in banking, healthcare, education, and technology sectors in Hawaii, Network 2000 is a leading single-source provider of information technology services and products designed to enhance the productivity of information technology services and products designed to enhance the productivity of information systems primarily for companies in the state of Hawaii. The company has technicians on every major island and offers a comprehensive range of services to manage the entire technology life cycle including planning, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , integration, support and management. "Network 2000's expertise lies in procurement, customization, and deployment of personal computers, peripherals and software from a wide range of major vendors enabling us to customize information solutions to meet specific client needs," said Michael Hirai, president of Network 2000. "ZixCorp's portfolio of security products and services fits this strategy perfectly, offering comprehensive and flexible solutions that can be tailored to meet the needs of any size corporation." About American Savings Bank American Savings Bank is Hawaii's third largest financial institution, with $6.2 billion in assets. American Savings Bank provides a full range of financial products and services, including commercial banking and consumer deposit and loan accounts. American Savings Bank has 71 branches and more than 170 automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. (ATMs) statewide. It employs more than 1,400 people. For more information, visit www.ASBHawaii.com. About Network 2000 LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Network 2000 LLC is a leading technology solution provider, focused on the needs of the Hawaii market. Key elements of the company's strategy are to (1) develop customer loyalty through providing quality service exceeding expectations; (2) continuously improve internal systems and personnel; (3) provide statewide service; and (4) address the needs of the client throughout the integrated life cycle. About Zix Corporation Zix Corporation (ZixCorp(TM)) is a global provider of comprehensive, easy-to-deploy secure e-messaging solutions and services. From assessment and verification tools, to desktop and enterprise services, ZixCorp's cost-effective solutions enable organizations to leverage email as a business-critical application to securely exchange sensitive and highly confidential information Noun 1. confidential information - an indication of potential opportunity; "he got a tip on the stock market"; "a good lead for a job" steer, tip, wind, hint, lead . Additional information about ZixCorp can be found at www.zixcorp.com. NOTE TO EDITORS: Additional product details are available by contacting the appropriate representatives at the phone numbers and email addresses See Internet address. given below: |
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