NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: PROGINET CORPORATION
VSE SYMBOL: PRF.U
DECEMBER 18, 1998
Proginet Corporation Announces Telephonic AGM; Registered
Shareholders Invited to Attend Annual General Meeting by
Telephone
GARDEN CITY, NEW YORK--Proginet Corporation is pleased to announce
that registered shareholders will be able to attend the Company's
Annual General Meeting over the telephone. Telephonic participants
will be able to listen to and ask questions of the presenters.
The Annual General Meeting of Proginet Corporation will be held at
5:00pm EST on Tuesday December 22nd, 1998. The meeting will be
held at 1211 Avenue of the Americas 18th floor, New York, New York
10036 USA. Proginet welcomes all shareholders of record, as of
November 17th, 1998 to attend the meeting in person or by
telephone.
Please call at (516)-248-2000 by 5 p.m. EST Monday, December 21st,
to register for Tuesday's conference call.
This will be Proginet's first AGM held in the United States, since
going public on the Vancouver Stock Exchange.
Proginet's flagship product, SecurPass, is a security application
that enables password synchronization and harmonization across
disparate information security systems. Security administrators
can revoke or resume a user and set or reset a password on all of
the user's platforms in one step. Supporting OS/390, Windows NT
domains, UNIX, and Novell NetWare systems, SecurPass builds on
trusted security systems rather then requiring a new
infrastructure or software to be installed on every desktop.
Proginet provides advanced technology, which links Microsoft
business products with IBM Mainframes. Many of the world's largest
corporations and government agencies employ industry leading
software developed or owned by Proginet Corporation. Proginet is
headquartered in Garden City, New York and has distributors
throughout the world. Proginet is listed on the Vancouver Stock
Exchange under the stock symbol (VSE:PRF.U).
For more information, please visit the Proginet web site at:
proginet.com.
The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this News Release,
which has been prepared by the company.
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