Market Overview

GlobalSCAPE, Inc. Corrects Information for the Company's 2018 Annual Meeting of Stockholders


(NYSE American: GSB)
("GlobalSCAPE" or the "Company"), a worldwide leader in the secure
movement and integration of data, today corrected certain information
relating to the proxy materials for the Company's 2018 annual meeting of
stockholders (the "2018 Annual Meeting") and provided certain additional
information relating to the 2018 Annual meeting.

As previously announced, the 2018 Annual Meeting will be held on October
10, 2018, at 9:00 a.m., local time, at the Company's corporate
headquarters located at 4500 Lockhill-Selma Road, Suite 150, San
Antonio, Texas 78249, or at such other time and location to be
determined by the authorized officers and set forth in the Company's
proxy statement.

Additional information about the 2018 Annual Meeting will be contained
in the definitive proxy statement (SEC Form DEF 14A) which the Company
intends to file with the U.S. Securities and Exchange Commission on or
about August 31, 2018. In accordance with Securities and Exchange
Commission rules, instead of mailing a printed copy of the proxy
statement, annual report and other materials relating to the Annual
Meeting to stockholders, the Company intends to mail a Notice of
Internet Availability of Proxy Materials, which advises that the proxy
materials are available on the Internet to stockholders. The Company
intends to commence distribution of the Notice of Internet Availability
of Proxy Materials on or about August 31, 2018.

Because the 2018 Annual Meeting will be held more than 30 days from the
anniversary date of the 2017 Annual Meeting of Stockholders, the Company
is also informing its stockholders of the revised deadlines for
proposals, director nominations and other related matters for
consideration at the 2018 Annual Meeting.

Pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), stockholders may present proper proposals
for inclusion in the 2018 Proxy Statement and for consideration at the
Company's 2018 Annual Meeting. To be eligible for inclusion in the 2018
Proxy Statement, a proposal must be received by the Company no later
than August 24, 2018, and must otherwise comply with Rule 14a-8.

In addition, under the Company's Amended and Restated Bylaws, in order
to nominate a director or bring any other business before the
stockholders at the 2018 Annual Meeting that will not be included in the
2018 Proxy Statement, the proposal must be received by the Company's
Corporate Secretary on or before August 20, 2018.

About GlobalSCAPE

(NYSE American: GSB)
is a pioneer in securing and automating the movement and integration of
data seamlessly in, around and outside your business, between people and
places, in and out of the cloud. GlobalSCAPE provides technology that
automates your work and secures your data, while giving visibility to
those who need it. GlobalSCAPE makes business flow brilliantly. For more
information, visit
or follow the blog
and Twitter

Safe Harbor Statement

This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. The words "would," "exceed,"
"should," "anticipates," "believe," "expect," and variations of such
words and similar expressions identify forward-looking statements, but
their absence does not mean that a statement is not a forward-looking
statement. These forward-looking statements are based upon the Company's
current expectations and are subject to a number of risks, uncertainties
and assumptions. The Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Among the important factors that could cause
actual results to differ significantly from those expressed or implied
by such forward-looking statements are risks that are detailed in the
Company's Annual Report on Form 10-K for the year ended December 31,
2017, filed with the U.S. Securities and Exchange Commission on June 14,
2018; the discovery of additional information relevant to the internal
investigation; the conclusions of the Company's Audit Committee (and the
timing of the conclusions) concerning matters relating to the internal
investigation; the possibility that additional errors relevant to the
recently completed restatement may be identified; pending litigation and
other proceedings and the possibility of further legal proceedings
adverse to GlobalSCAPE resulting from the restatement or related
matters; and the costs associated with the restatement and the

View Comments and Join the Discussion!