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Corporate Profile for Proginet Corporation, dated Aug. 25, 2000.


Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.


Published Date:     Aug. 25, 2000

Company Name:       Proginet Corporation

Address:            200 Garden City Plaza
                    Garden City, NY 11530

Main Telephone
 Number:            516/248-2000

Internet Home
 Page Address
  (URL)             www.proginet.com

Chief Executive
 Officer:           Kevin M. Kelly

Controller:         Deirdre Reid

Investor Relations
 Contact:           Bonnie D. Graham - Communications Director
 Business number:   516/248-2000
 E-mail address:    info@proginet.com

Public Relations
 Contact:           Meredith Perrell
 Business number:   516/248-7159
 E-mail address:    meredithp@proginet.com

Industry:           Computer Software

Trading Symbol/
 Exchange:          OTC BB:PRGF, CDNX:PRF.U


Company description: Proginet Corporation develops security software products for data movement and password synchronization Password synchronization is defined as any process or technology that helps users to maintain a single password that is subject to a single security policy, and changes on a single schedule across multiple systems. . The company was formed in 1986 by a small group of technical visionaries. Through strategic acquisitions (Proginet acquired IND$FILE Plus and Network Navigator from Novell, Inc. in 1994, and Microsoft's MVS (Multiple Virtual Storage) Introduced in 1974, the primary operating system used with IBM mainframes (the others are VM and DOS/VSE). MVS is a batch processing-oriented operating system that manages large amounts of memory and disk space.  product line in 1996), stringent financial controls and astute as·tute  
adj.
Having or showing shrewdness and discernment, especially with respect to one's own concerns. See Synonyms at shrewd.



[Latin ast
 product strategies, Proginet has become a profitable public company with over 400 major customers in 25 countries. Proginet's customer base includes enterprises among the "Who's Who Who’s Who

biographical dictionary of notable living people. [Am. Hist.: Hart, 922]

See : Fame
" of the Global 1000 and spans every industry - banking, automotive, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , insurance, healthcare, manufacturing, education, government and more.

Financial Profile YE 7/31/99 Annual Revenues: $4,174,160 EBIT EBIT

See: Earnings Before Interest and Taxes


EBIT

See earnings before interest and taxes (EBIT).
: $19,533 EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. : .001 Assets: 7,621,374 Stock HI/LO: $2.99/0.40
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Publication:Business Wire
Date:Sep 1, 2000
Words:252
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