Proginet Launches Industry’s Most Effective E-Mail Attachment Management Appliance

Slingshot Vault Offers New Archiving, Audit Capabilities to Help Enterprises Satisfy Compliance Requirements

Proginet Corporation [OTCBB: PRGF], a world leader in multi-platform file transfer solutions, today announced Slingshot Vault™, the most effective appliance-based solution for managing the space, security and bandwidth challenges associated with e-mail attachments. Integrated with Intradyn’s award winning de-duplication, archiving and e-discovery technology, Slingshot Vault allows enterprises to send attachments of any size, archive them efficiently, and audit for regulatory compliance on-demand.

Slingshot Vault is the only available attachment management solution offering integrated archiving functionality, a necessity for corporations as e-mail assumes an increasingly critical role in business and legal actions globally. Slingshot Vault enables enterprises to fully comply with e-discovery and regulatory requirements for e-mail attachment archiving while simultaneously solving the challenges associated with sending e-mail attachments.

Slingshot Vault integrates seamlessly with corporate e-mail systems so that users can easily share and transfer files of any size. The solution also provides total security by encrypting attachments while in transit between the sender and recipient, and while at rest awaiting download. Slingshot Vault creates logs and time stamps for every step of the process to provide customers with total control, auditability, and compliance with organizational policies and industry regulations.

Leveraging more than 20 years of innovation in managed file transfer, Proginet has developed Slingshot Vault to be the industry’s most complete e-mail attachment management appliance, enabling customers to securely and cost effectively exchange e-mail attachments of any size, eliminate mailbox and server storage issues, and leverage e-mail for any kind of attachment without burdening other critical resources.

“New compliance and e-discovery requirements have forced companies of all sizes to reevaluate how they manage e-mail communications,” said Sandy Weil, President and CEO of Proginet. “Our customers are demanding e-mail attachment solutions that solve the traditional challenges related to size, space, and security, in addition to the growing regulatory requirements for e-mail archiving and e-discovery. With Proginet’s Slingshot Vault, we are offering an easy-to-deploy, appliance-based solution that will transform and radically improve e-mail attachment management.”

“We estimate that more than five billion daily e-mail messages carry attachments, and that attachments consume more than 80% of all e-mail data and server resources,” stated David Ferris, President and Senior Analyst at Ferris Research. “This can hugely impact an organization, causing major issues related to archiving, audit, storage and performance. Slingshot Vault is a ready-to-install appliance that can be a big help in alleviating these issues,” he concluded.

Availability

Slingshot Vault will be generally available in the Autumn of 2008. For more information, contact Proginet at (516) 535-3600.

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About Intradyne, Inc.

Intradyn’s mission is ‘Data Protection Made Simple™’. Headquartered in Eagan, Minnesota, USA, the company’s line of ComplianceVault eSeries and Orca eMail Archiver e-mail active archiving appliances offer a single, powerful “plug-and-play” solution for meeting compliance regulations affecting businesses of all sizes, in addition to mailbox management, message store optimization, archiving and eDiscovery all from within MS Outlook or a Web browser, and support Exchange, GroupWise, Domino and a host of other e-mail servers. For more information, visit www.intradyn.com.

About Proginet Corporation

Proginet Corporation offers a universal, multi-platform software solution for fast, inexpensive and secure file transfers both inside and outside the enterprise. Proginet’s CyberFusion Integration Suite (CFI)® is used by companies of all sizes to conduct business more efficiently while protecting customer data and limiting the risks associated with sharing proprietary information with partners and colleagues around the globe. With over 20 years of experience in the managed file transfer arena, Proginet has built a customer base of over 400 companies spanning 30 countries. Headquartered in New York, the Company 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.

Contacts

Proginet Corporation
John F. Lynch, 516-535-3651
jlynch {at} proginet(.)com