Zix Corporation (ZIXI) - Description of business

Company Description
Zix Corporation currently focuses its operation on its Email Encryption Service segment. The Email Encryption Service enables the use of secure e-mail for sensitive information exchange in the healthcare, financial services, insurance and government sectors. The company has one more segment, which however it plans to abandon: e-Prescribing. The business operations and service offerings are supported by the ZixData Center. The Email Encryption Service is a secure messaging service, which allows an enterprise to use policy-driven rules to determine, which e-mails should be sent securely to comply with regulations or corporate policy. It is offered as a Software-as-a-Service (SaaS) solution, for which customers pay an annual service subscription fee. e-Prescribing consists of a single product line named PocketScript, which is an electronic prescribing service that allows physicians to use a handheld device to prescribe drugs and transmit the prescription electronically to any pharmacy. The company was formerly known as ZixIt Corporation and changed its name to Zix Corporation in 2002. Zix Corporation was founded in 1983 and is headquartered in Dallas, Texas.