Proginet Receives New York State 'Excellence in Business Award'

    GARDEN CITY, N.Y., June 21 /CNW/ - Proginet Corporation (OTCBB: PRGF),
developer of enterprise security software, announced today that the Company
has received the New York State "Excellence in Business Award." The award,
which was received at the New York State (NYS) Investor Conference in New
York, recognizes companies based on innovative technologies, strong
performance metrics, and focus on growth. Proginet is one of only four
companies in New York State to have received the annual award.

    "We are pleased to have been recognized with this Excellence in Business
award," stated Kevin M. Kelly, Proginet's President and CEO. "Proginet's been
long recognized for innovation and technological excellence. Our financial
performance over the last year has been very strong, with several new records
in terms of revenue and profitability, and all indications are that we've
entered a period of accelerated growth. This is borne out by the 'Strong Buy'
rating received last month in the Dutton Associates' independent Research

    "Proginet ticks all the right boxes in terms of the annual NYS Excellence
in Business Award," said Rene LeRoux, Executive Director of the NYS Investor
Conference. "The Company develops strong technologies that satisfy the demands
of a rapidly growing security market, they have an impressive customer base,
and they're on a strong growth curve. New York State really benefits from the
success of companies like Proginet, and we are very pleased that they've
demonstrated such long-term commitment to the region."

    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(R), 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, N.Y., with offices in Toronto, Canada, and is
publicly traded under the symbol (OTCBB: PRGF). For more information, visit


    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

For further information:

For further information: Proginet Corporation John F. Lynch,

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