GlobalSCAPE Updates Status of Audit Committee Investigation, Financial Statement Audit and Legal Proceedings

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SAN ANTONIO–(BUSINESS WIRE)–GlobalSCAPE,
Inc.
(NYSE American: GSB)
(“GlobalSCAPE” or the “Company”), a worldwide leader in the secure
movement and integration of data, today updated the status of its
previously announced internal investigation conducted by the Audit
Committee of its Board of Directors (the “Committee”) regarding certain
accounting and other matters, the completion of its financial statement
audit and certain legal proceedings.

The Audit Committee Investigation and Completion of Financial
Statements

In June 2017, the Committee began conducting an investigation into
certain transactions previously recorded in the fourth quarter of 2016
involving…

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