Proginet Introduces Breakthrough in Password Management Security for IBM AS/400s

Business Wire, May 2, 2001

Business Editors

GARDEN CITY, N.Y.--(BUSINESS WIRE)--May 2, 2001

Proginet Corporation (OTCBB:PRGF; CDNX:PRF.U), a leader in password management software and Internet file transfer software, has introduced SecurPass(R)-AS/400 software featuring bi-directional, multi-platform, centralized password management for IBM AS/400 servers. Industry reports indicate that the AS/400 is the most successful midrange computer in history.

SecurPass(R)-AS/400 enables enterprises with multiple AS/400s to have one password across all AS/400s. The return on investment for SecurPass(R)-AS/400 can be realized in a matter of months, reducing corporate help desk calls by 75 percent and saving over $100,000 a year for a typical company with 5,000 employees. At a time when hackers pose a constant threat to security, SecurPass-AS/400 is expected to be received as a major advance in password security by the AS/400 marketplace.

Kevin Bohan, Vice President of Sales at Proginet, stated, "Users are burdened by having to remember a unique password for each AS/400 they access. Complicating matters further, they also have a unique password for every mainframe, Windows NT, UNIX, Netware and for the other platforms and applications they access. Proginet SecurPass-AS/400 is the first and only software that allows a user to change their password on one AS/400 system and have that password immediately changed on other AS/400s and every other platform they access. By allowing users one password for all systems, SecurPass reduces password-related downtime, cuts help desk password resets and simplifies the system administrator's job. Even more important, SecurPass strengthens enterprise security by standardizing on one set of corporate password rules and diminishing lost and stolen password exposure. The return on investment for full enterprise deployment of SecurPass can be in the hundreds of thousands of dollars, beyond the projected savings for the AS/400 environment alone."

Proginet is shipping SecurPass-AS/400 for installation at customer sites around the world.

About Proginet Corporation

Proginet Corporation provides software products that enable enterprises around the world to securely manage the transfer of business-critical information across multiple computing environments, Intranets and the Internet. Proginet software supports OS/390 and AS/400 from IBM (NYSE:IBM), Windows from Microsoft (NASDAQ:MSFT), NetWare from Novell (NASDAQ:NOVL), LDAP directories, and UNIX platforms from Compaq (NYSE:CPQ), Sun Microsystems (NASDAQ:SUNW), Hewlett-Packard and others.

Proginet CyberFusion(TM) software provides managed file transfer and Internet file transfer, allowing information to be used anywhere, anytime and in any way. Proginet SecurPass(R) software streamlines enterprise password management to enhance enterprise security and cut help desk costs. With over 600 customers in 29 countries, Proginet software supports enterprises in all vertical markets, including financial services, insurance, manufacturing, healthcare, retail and government.

(c)2001 Proginet Corporation. All rights reserved.