Zix Corporation to Present at the Noble Financial Equity Conference

DALLAS, Aug 18, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
Zix Corporation (ZixCorp(R)), (Nasdaq: ZIXI), the leader in hosted services for email encryption and e-prescribing, announces that Zix Corporation's Chief Executive Officer, Rick Spurr, will present at the Fourth Annual Noble Financial Equity Conference at 8:00 a.m. (Pacific) on Tuesday, August 19, 2008 at the Loews Lake Las Vegas Resort, Nevada.
Mr. Spurr will give a 23-minute presentation regarding ZixCorp's market positioning, financial performance, and strategic direction. The presentation will be webcast LIVE featuring high-definition, streaming video and PowerPoint slides. Access is available by logging on to the conference website http://www.noblemadmax.com or by going to the Investor portion of the Company's website at http://investor.zixcorp.com. It is recommended that interested parties register at least 15 minutes prior to the start of the presentation to ensure timely access.
About Noble Financial
Noble Financial is a privately-held, full-service capital markets firm driven by what is often overlooked by other firms -- uncovering the value embedded in the orphaned, undiscovered or misunderstood company. The company focuses on converting market inefficiencies into profit opportunities. Noble Financial supports emerging companies through strategic advice, investment banking, market-making, sales & trading, comprehensive equity research, and the development of institutional support. Noble Financial's equity conferences -- 2008 marks their fourth annual -- allow for a unique blend of professional and personal interaction among a diverse cross-section of executives. The company has operated for 24 years and has offices in Florida, New York City and Boston.
About Zix Corporation
ZixCorp is the leading provider of easy-to-use-and-deploy email encryption and e-prescribing services that Connect entities with their customers and partners to Protect and Deliver sensitive information in the healthcare, finance, insurance and government industries. ZixCorp's hosted Email Encryption Service provides an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript(R) e-prescribing service saves lives and saves money by automating the prescription process between payors, doctors and pharmacies. For more information, visit http://www.zixcorp.com.

Financial Violators Banned From Working

Executives caught breaking financial regulations will be banned from working in the financial industry for five to 15 years depending on how serious their illicit acts were, financial authorities said. At present, only those who have been sentenced are not allowed to work for the maximum period of five years in the industry, thi comes as the Financial Services Commission (FSC) announced plans Wednesday to toughen disciplinary measures against financial firms or executives who committed business irregularities such as stock price manipulation, insider trading and embezzlement.
It said this is part of efforts to maintain order in the financial market for efficiency and soundness.
The regulator noted that not only will it sternly penalize such executives under the disciplinary measures, but will also hold companies' major shareholders responsible for violating financial laws.
Furthermore, the regulator plans to disclose the names of financial firms, executives and shareholders who have been disciplined and penalized on the Internet homepages of the commission and the Financial Supervisory Service, a financial investigative body. he official added that the regulatory body will follow the practices of the United States and Britain where their financial authorities also disclose names of offenders on their Internet homepages.
However, it will toughen its disciplinary practices throughout the industry ― not only the banking, securities and insurance sectors but also credit finance, mortgage and other special purpose businesses.
For instance, the commission will immediately respond to a financial holding company that incorporated a subsidiary without prior regulatory notices by enforcing a penalty.
The financial authority plans to submit the final revision on disciplinary measures to the National Assembly by the year's end, after holding a public hearing to gather opinions at the end of this month.

India, U.K. to undertake joint study on trade barriers offer

India and Britain on Tuesday agreed to undertake a joint study on ways to remove non-tariff barriers in bilateral trade following talks between Finance Minister P. Chidambaram and the Chancellor of the Exchequer, Alistair Darling, here as part of the ministerial-level India-U.K. Economic and Financial Dialogue.

The study would also cover domestic regulations in services in the two countries, a joint statement issued after the talks said.

The two sides expressed deep disappointment over the collapse of the last round of Doha talks and emphasised the need to find a way forward.

“We are deeply disappointed by the recent pause in the Doha Development Round talks. Today we discussed the way forward. We urge all parties to show greater flexibility to agree on free and fair trade rules that deliver a balanced result for the world’s poor and the global economy. Bilateral initiatives will also be important, and we are pleased to announce that the U.K. and India will undertake a joint study into non-tariff barriers, including domestic regulations in services, to trade between India and the U.K. and how they could be removed. We also acknowledge the promising beginning to our work on intellectual property as joint co-chairs of the Intellectual Property Rights and Innovation work stream within the G8 Heiligendamm Process,” the statement said.

It said the two sides believed that open markets, operating through a free and fair trading regime, would be “crucial” for overcoming the challenges facing the global economy.

“Both India and the U.K. share a strong commitment to a multilateral, rules-based trading system and an open and transparent investment regime,” it said.

A spokesperson of Indian High Commission said that a host of global macro-economic issues were discussed in the context of the rising fuel, food and energy costs. Climate change and enhancing cooperation in the filed of renewable sources of energy was also discussed and it was decided that the two countries would work together to reduce pollution without compromising growth and development.

Mr. Chidambaram

Options on Cubs Post Season Tickets

The Chicago Tribune recently had an article about fans who are paying options for Cubs post-season tickets, including $99 for an option to buy Cubs World Series tickets - which may or may not become a reality (the Cubs last went to the World Series in 1945).

The website, FirstDibz.com, acts as a middle man between the option buyer and the option seller (a season ticket holder).

If the Cubs do not go to the World Series, then the option buyer is out $99, and the seller gets the money (less FirstDibz.com's 17% cut).

If the Cubs do go to the World Series, then the option buyer gets the tickets, and is charged the face value price.

The buyer is risking the premium and, in return, gets a chance to buy tickets at face value that would cost a lot of money through ticket brokers.

Why would the season ticket holder sell an option rather than wait and sell the ticket through a ticket broker for more money?

Because, while they could get more money by selling through a ticket broker, that would only happen if the Cubs actually make it to the World Series. This way, they make money even if the Cubs get eliminated.