SOURCE: Proginet Corporation

May 29, 2007 09:30 ET

Proginet Corporation CEO, Kevin M. Kelly, to Discuss Proginet's Record Quarter and Research Report in Live MN1 Interview

GARDEN CITY, NY--(Marketwire - May 29, 2007) - Proginet Corporation (OTCBB: PRGF), developer of enterprise security software, will be featured in an exclusive Market News First interview on May 29, 2007 at 2:40 p.m. EDT. Proginet CEO Kevin M. Kelly will talk with MN1 host Kate Delany on www.mn1.com about the company's record-breaking quarter, recent analyst coverage, and future plans for growth.

About Proginet Corporation:

Proginet Corporation is a developer of enterprise security software. Throughout its 20-year history, the Company has earned a solid reputation for its multi-platform expertise and dedication to customer service. Its products, including CyberFusion®, CyberFusion Integration Suite (CFI)™, SecurForce™, SecurPass®, and SecurAccess™, support all major computing platforms, from PCs to mainframes. Proginet's global customer base spans more than 25 countries and includes many Fortune 500 companies. The Company is headquartered in Garden City, N.Y., with offices in Toronto, Canada, and is publicly traded under the symbol (OTCBB: PRGF). For more information, visit www.proginet.com.

About MN1.com

Market News First is an online, market news provider that brings investors current news on the market. Market News First is the only online, live IPTV web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE. Through daily, live interviews, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market.

This news release includes forward-looking statements regarding, among other things, the company's business and financial plans, strategies and prospects. Although the company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as: believe, expect, anticipate, should, planned, will, may, intend, estimated, and potential, among others. Important factors that could cause actual results to differ materially from the forward-looking statements made in this news release include market conditions and those set forth in any reports or documents that the Company may publicly file from time to time. All forward-looking statements attributable to the company or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

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