Proginet Corporation
OTC Bulletin Board : PRGF

August 02, 2005 12:54 ET

Proginet Delivers Control System for Enterprise Data Integration

GARDEN CITY, N.Y.--(CCNMatthews - Aug 2, 2005) -

First "Single Point of Control" Solution for Managed File Transfer and Integration within an Enterprise and with Business Partners

Proginet Corporation (OTCBB:PRGF), developer of software to enable the secure integration of data across enterprises of all sizes, today announced the release of its CyberFusion Integration (CFI) Suite™, the first "single point of control" managed file transfer solution for the enterprise. Accessed via the new Command Center™ module, the CFI Suite integrates all file transfer activity inside and outside the enterprise, centralizing the security, control, administration, and auditability of all data transfers, from end-to-end, and across all platforms.

Key drivers in the managed file transfer marketplace have been control, security, compliance, and integration; Proginet's CFI Suite addresses these complex business challenges, giving large or extended enterprises total and centralized control - including transfer scheduling, notification alerts, and real-time monitoring and auditing. Additionally, the CFI Suite provides full satisfaction of compliance mandates such as Sarbanes-Oxley, HIPAA, and GLBA. The CFI Suite further provides businesses with the opportunity to implement stringent corporate policies, and to know the what, when, and where of every single data transfer inside and outside the enterprise.

The company has deployed the CFI Suite at several existing Fortune 500 customers as these organizations seek to benefit from the solution's centralized control and reporting capabilities. The first customer to upgrade and deploy the CFI Suite stated, "The CFI Suite is very intuitive to use and offers our organization the opportunity to finally centralize control of all data transfers."

Proginet's President and CEO Kevin M. Kelly stated, "The release of the CFI Suite is a continuation of Proginet's two decades of expertise in the managed file transfer and business integration space - a market estimated to be worth more than one billion dollars. The CFI Suite with the integrated Command Center represents the most significant product launch in Proginet's history. The CFI Suite provides a superior data integration solution for new prospects as well as Proginet's existing customers."

About Proginet Corporation

Proginet Corporation develops software to enable the controlled integration of data across enterprises of all sizes. 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 (CFI) Suite™, SecurForce™, SecurAccess™, SecurPass® and ePS™ support all major computing platforms, from PCs to mainframes. Proginet's global customer base spans more than 23 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.

Disclaimer

This press release may contain forward-looking information within the meaning of Section 29A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors under those sections. In some cases, you can identify forward-looking statements by terminology such as "expect," "believe," "may," "will," "plans" and "anticipate," or the negative of such terms or comparable terminology. Forward-looking statements appearing herein include statements concerning operating and profitability plans and goals and are based on current expectations.

The matters discussed in this press release also involve risks and uncertainties described from time to time in documents filed with the Securities and Exchange Commission, including but not limited to Form 10-KSBs, Form 10-QSBs, and Form 8-Ks (www.sec.gov).

Contact Information