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Proginet Signs Agreement with Attachmate

 

Company Sees Relationship as Key to Indirect Channel Strategy

Garden City, N.Y.—March 12, 2009—Proginet Corporation [OTCBB: PRGF], a world leader in multi-platform file transfer solutions, today announced a strategic agreement with Attachmate Corporation. Under the terms of the agreement, Attachmate, which is headquartered in Seattle with more than 65,000 customers around the globe, will initially resell Proginet’s CyberFusion Integration Suite (CFI)® managed file transfer technology in North America with the goal of integrating CFI more comprehensively into Attachmate's portfolio of secure file transfer solutions.

“This is a major new relationship for Proginet,” stated Sandy Weil, Proginet’s President and CEO. “Attachmate has a large global footprint and established relationships with a high percentage of the Global 2000. By leveraging their customer relationships and a trusted global brand, Attachmate will be able to offer Proginet’s managed file transfer technology to these organizations. This agreement is an important component of our plan to broaden Proginet’s sales channel beyond the direct sales model,” he concluded.

“We wanted to enter into such an agreement with a company that had enterprise-ready managed file transfer technology and Proginet certainly fits the bill,” stated Paul Neutz, Director of Business Development for Attachmate. “The synergies between our companies became clear immediately. From Attachmate’s perspective, this relationship strengthens our secure file transfer solution portfolio by enabling us to offer best-of-breed managed file transfer technology to our global customer base as well as to the general marketplace.”

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About Attachmate
Attachmate, owned by an investment group led by Francisco Partners, Golden Gate Capital and Thoma Cressey Bravo, enables IT organizations to extend mission critical services and assure they are secure and compliant. Attachmate’s leading solutions include host connectivity and systems and security management. Our goal is to empower IT organizations to deliver trusted applications, manage service levels, and ensure compliance by leveraging knowledge, automation and secured connectivity. For more information, visit www.attachmate.com. Attachmate and the Attachmate logo are registered trademarks of Attachmate Corporation in the USA and other countries.

About Proginet Corporation
Proginet Corporation offers universal, multi-platform software solutions for fast, secure, and inexpensive file transfers both inside and outside the enterprise. Hundreds of companies worldwide rely on Proginet’s CyberFusion Integration Suite (CFI)® and SlingshotTM solutions 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’s global customer base spans more than 30 countries and includes many Fortune 500 companies. 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.

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, Form SB2's and Form 8-Ks (www.sec.gov).
 

Media Contacts
John F. Lynch
Press and Media Relations
+1 (516) 535-3651
john.lynch@proginet.com
 

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