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To: Tracy Moore who wrote (2353)	3/23/2000 6:11:00 PM
From: StocksDATsoar	Respond to of 3517

ZixIt Announces Huizenga Group to Invest Between $20 and $44 Million H. Wayne Huizenga to Become Vice Chairman of the Board of ZixIt Corporation ZixIt Announces Huizenga Group to Invest Between $20 and $44 Million H. Wayne Huizenga to Become Vice Chairman of the Board of ZixIt Corporation DALLAS, Mar 23, 2000 /PRNewswire via COMTEX/ -- ZixIt Corporation (Nasdaq: ZIXI) announced today that a group headed by H. Wayne Huizenga will invest between $20 and $44 million in a private placement of ZixIt common stock. As part of the investment, H. Wayne Huizenga will become vice chairman of the board of ZixIt Corporation. David P. Cook, chairman and chief executive officer of ZixIt Corporation, commented, "ZixIt is very fortunate to have someone of Wayne's stature and abilities join the company. His guidance will be important as we expand our ZixMail(TM) service to Internet users throughout the world." H. Wayne Huizenga commented, "I'm pleased to once again be associated with David Cook. David has always been on the cutting edge of computer technology. The business systems he developed for Blockbuster allowed us to quickly become the leading video retailer, not just in the United States, but internationally as well. We believe that David's new company, ZixIt, and its ZixMail product will revolutionize secure email globally. We visualize that ZixMail will become as much a part of people's lives as Blockbuster is." Details of the transaction are still being finalized and will be subject to the approval of ZixIt's board of directors. H. Wayne Huizenga is chairman of several NYSE-listed companies including AutoNation, Inc. and Extended Stay America, which operates in the lodging industry. He is also the sole owner of the National Football League's Miami Dolphins and Pro Player Stadium. Previously, Mr. Huizenga was chairman of the board and chief executive officer of Blockbuster Entertainment Corporation. He directed Blockbuster, a company that David Cook founded, into a position of world leadership in its industry, increasing shareholder value from approximately $100 million to an ultimate valuation of $8.5 billion when it was sold to Viacom in 1994. In January 1971, Mr. Huizenga co-founded Waste Management, Inc., which today is the world's largest waste collection and disposal company. He served as president, chief operating officer, vice chairman, and director, before retiring from the company in 1984. ZixIt Corporation is the provider of ZixMail(TM) -- a secure document delivery, private email, and message tracking service that enables users worldwide to easily send and receive encrypted and digitally signed communications using their existing email systems and addresses. ZixIt is also developing ZixCharge(TM) -- a shopping portal and Internet payment authorization system, and other products designed to enhance security, privacy, and convenience for the Internet. For further information, visit www.zixit.com or contact investor relations at 972-702-7057. SOURCE ZixIt Corporation (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: investors, Beverly V. Fuortes of ZixIt Corporation, 972-702-7057, or email, invest@zixit.com; or press, John Crowe of Public Strategies, Inc., 512-432-1992, or email, jcrowe@pstrategies.com, for ZixIt Corporation KEYWORD: Texas INDUSTRY KEYWORD: MLM URL: zixit.com