Proginet Announces Annual General Meeting Date Change and Board of Director Nominees

    GARDEN CITY, N.Y., November 2 /CNW/ - Proginet Corporation (OTCBB: PRGF),
developer of enterprise security software, today announced that its Annual
General Meeting (AGM) will be held on Friday, November 30, 2007 at 10 a.m.
Eastern Time at the Company's corporate headquarters at 200 Garden City Plaza,
Garden City, N.Y. 11530. Shareholders of record at the close of business on
October 3, 2007 will be formally notified of the meeting by mail during the
week of November 5, 2007.

    Shareholders should note that this Annual General Meeting date of
November 30, 2007 represents a change from its previously announced date.

    Proginet is also pleased to announce the nominees for the Board of
Directors to be elected at the 2007 Annual General Meeting. These are Amit K.
Basak, George T. Hawes, Dr. E. Kelly Hyslop, Kevin M. Kelly, Stephen Kezirian,
and Allen Wolpert.

    Current directors, John C. Daily, William Loscalzo, and Stephen Sternbach
are not standing for re-election as a majority of the Board voted for the
announced nominee slate. Each of these directors has stated that their
decision was not a result of any disagreement with the Company's operations,
policies, or practices. A majority of the Board agreed that a change in the
composition of the Board would be beneficial to Proginet as new nominees could
bring different perspectives and opportunities to the Company. For additional
information on the nominees, please refer to the Proxy Statement mailed to
each shareholder.

    All shareholders are encouraged to vote their shares by proxy card, which
will be mailed with the Proxy Statement and 2007 10-KSB, or to attend in
person to vote their shares.

    To participate in the AGM, shareholders should call in at the numbers
below immediately prior to the event (you will need all of the following

        Toll-free Number: 1 (800) 475-0212
        Toll Number: 1 (210) 234-0001
        Leader: John C. Daily
        Passcode: Proginet

    The principal functions of the Annual General Meeting will be to:

    --  Vote on the election of the Board of Directors, approval of auditors,
and other matters that may be on the proxy ballot

    --  Report the results of the proxy voting

    To receive press releases and other corporate communications directly
from Proginet, please e-mail or call (516) 535-3600.

    About Proginet Corporation

    Proginet 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 Integration Suite (CFI)(TM), SecurForce(TM),
SecurPass(R), and SecurAccess(TM), 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, NY, has offices in Toronto, Canada, and is
publicly traded under the symbol (OTCBB: PRGF). Visit the Company online at


    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

    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 (

For further information:

For further information: Proginet Corporation Debra DiMaria,
516-535-3681 Chief Financial Officer

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