Proginet Positioned in Leaders Quadrant for Managed File Transfer

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Thu Oct 8, 2009 8:30am EDT

Evaluation Based on Completeness of Vision and Ability to Execute
GARDEN CITY, N.Y.--(Business Wire)--
Proginet Corporation (OTCBB: PRGF), a leading developer of enterprise software
for advanced managed file transfer and security applications, today announced
that it has been positioned in the leaders quadrant in the new Magic Quadrant
for Managed File Transfer*, published by leading analyst firm Gartner Inc. 

Gartner's Magic Quadrants offer snapshots of markets and their participants,
enabling organizations to map vendor strengths against their current and future
needs. According to the report, "Companies should consider managed file transfer
(MFT) suite vendors that meet short-term tactical and long-term strategic needs.
It's all too easy to react too quickly and procure and deploy technology that
supports only one protocol or security standard. It's much more prudent to
deploy a product that can be easily expanded and upgraded to handle multiple
protocols and multiple standards in a governed way that is fully auditable." 

"We believe Gartner`s Magic Quadrant provides tremendous validation for the
emergence of managed file transfer as a key technology and business enabler, as
well as for our position in the marketplace. Proginet is thrilled by the
acknowledgment of the advancements we have made over the last year and plan on
continuing this success," stated Sandy Weil, President and CEO of Proginet
Corporation. 

"At Proginet, we are committed to delivering the most complete solution on the
market, both directly, through focused international distribution and most
importantly through our major OEM partners at Software AG, Attachmate and
Inovis. This broad based distribution and integration model offers companies of
any size the ideal combination of value, speed and broad integration
capabilities for their file transfer processes," continued Mr. Weil. 

Proginet`s CyberFusion Integration Suite (CFI) offers the fastest, most
economical solution for electronic delivery of large files to anyone, anywhere,
regardless of platform. Hundreds of companies worldwide rely on CFI to enable
key business processes, such as automating daily uploads of critical transaction
data from disparate locations, securing distribution of customer files within
the enterprise, or providing verifiable delivery of files to business partners
around the globe. 

View full report

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

About the Magic Quadrant

The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with
permission. The Magic Quadrant is a graphical representation of a marketplace at
and for a specific time period. It depicts Gartner's analysis of how certain
vendors measure against criteria for that marketplace, as defined by Gartner.
Gartner does not endorse any vendor, product or service depicted in the Magic
Quadrant, and does not advise technology users to select only those vendors
placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a
research tool, and is not meant to be a specific guide to action. Gartner
disclaims all warranties, express or implied, with respect to this research,
including any warranties of merchantability or fitness for a particular purpose.


About Proginet Corporation

Proginet Corporation is a leading developer of enterprise software for advanced
managed file transfer and security applications. Throughout its 20-plus year
history, the company has earned an excellent reputation for its multi-platform
expertise and dedication to customer service. The Company's flagship solution,
CyberFusion Integration Suite (CFI), is the world's most advanced managed file
transfer solution, and supports all major computing platforms, from Windows to
the Mainframe. Proginet`s global customer base spans more than 30 countries and
includes many Fortune 500 companies. The company is headquartered in New York,
with offices in Toronto, Canada, and is publicly traded under the symbol [OTCBB:
PRGF]. For more information, visit www.proginet.com. 

*Gartner`s Magic Quadrant for Managed File Transfer, by L. Frank Kenney,
September 18, 2009.

Proginet Corporation
Jeff Schlauch, + 1 516-535-3653
Jeff.schlauch@proginet.com

Copyright Business Wire 2009

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