SIFT Transfers Files Securely Over the Internet

GARDEN CITY, N.Y.-July 6, 2004-Proginet, developer of software to enable the secure integration of data across enterprises of all sizes, announced today the availability of SIFT 2.0. SIFT (Secure Internet File Transfer) provides businesses of all sizes with a completely secure way of transferring large and/or confidential files through the Internet-with guaranteed delivery.

The most recent version of SIFT allows businesses to use the Internet for global networking and file exchange while eliminating common Internet risk factors of authentication, security and control.

SIFT 2.0 incorporates a number of new features for authentication, checkpoint restart and FTP support. SIFT makes global communication simple as well: When a customer sends information to an external partner, SIFT 2.0 automatically detects the language of the partner's browser and communicates with the partner in the local language.

"SIFT 2.0 will fundamentally improve the way companies share and protect essential information," said Kevin Bohan, CIO of Proginet. "As businesses expand domestically and globally, they demand sophisticated information-sharing technologies. SIFT 2.0 allows businesses to exchange information seamlessly across technology borders and language barriers, without the costs or cumbersome implementation processes associated with many enterprise tools."

Other enhancements to SIFT 2.0 include:

  • Checkpoint Restart. At any point of failure SIFT will automatically restart file transfers and persist until the transfer is complete thereby guaranteeing delivery. ยท

  • Support for File Transfer protocol (FTP) allowing user to access common enterprise FTP servers.

  • Customers can use their existing Lightweight Directory Access Protocol (LDAP) and match it to the SIFT database to authenticate SIFT users' access to critical data.

"Anyone can send a simple-format file over the Internet, but transferring large amounts of information-and securing every part of each transmission-is complex and challenging," said Kevin M. Kelly, president and CEO of Proginet. "SIFT 2.0 makes every element of information-sharing safe, from user authentication to in-stream encryption and comprehensive auditing. SIFT is industrial-strength file transfer and the most cost-effective way to leverage the Internet, ideally suited for companies burdened with government regulations and customers demanding security."

Pricing and Availability

SIFT 2.0 is available immediately for all operating systems. It is licensed on a platform-specific basis at starting prices of approximately $25,000. To purchase SIFT 2.0, contact sales@proginet.com or call 516-535-3600.

About Proginet Corporation

Proginet Corporation develops software to enable the secure integration of data across enterprises of all sizes. For more information, visit http://www.proginet.com.

Disclaimer 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 expectations.

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-Ks, Form 10-K/As, Form 10-Qs and Form 8-Ks (http://www.sec.gov).

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