Globalscape Announces Retirement of Chief Financial Officer James Albrecht and Appointment of Karen Young as Interim Chief Financial Officer

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 announced that on February 26, 2018, James W. Albrecht, Jr., Chief Financial Officer of the Company, notified the Company of his decision to retire as an officer of the Company, effective Friday, March 2, 2018. Albrecht and the Company have agreed in principle to an arrangement in which, upon Albrecht’s retirement, he will serve as a consultant to the Company.