Proginet Corporation Announces No Material Changes
Wednesday October 11, 2:26 pm ET
GARDEN CITY, N.Y.--(BUSINESS WIRE)--Proginet Corporation (OTCBB: PRGF - News), developer of enterprise security software, today announced that the Company is not aware of any material change or event which would have caused increased trading activity, or fluctuation in the Company's stock performance.
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"We fully acknowledge the comments of shareholders who have inquired regarding a correlation between recent share price and actual business activities," commented Kevin M. Kelly, Proginet's President and CEO. "We do not see any correlation, and are not aware of any reason related to our business for the increased trading activity. Our sales and marketing strategy is proceeding as planned, and we expect to continue building on recent positive momentum."
About Proginet Corporation
Proginet Corporation is a developer of enterprise security software. Throughout its 20-year history, the company has earned a solid reputation for its multi-platform expertise and dedication to customer service. Its products, including CyberFusion®, CyberFusion Integration Suite (CFI)(TM), SecurForce(TM), SecurPass®, and SecurAccess(TM), support all major computing platforms, from PCs to mainframes. Proginet's global customer base spans more than 23 countries and includes many Fortune 500 companies. The company is headquartered in Garden City, N.Y., with offices in Toronto, Canada, and is publicly traded under the symbol (OTCBB: PRGF - News). For more information, visit 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.
Contact:
Proginet Corporation
Debra DiMaria, 516-535-3681
ddimaria@proginet.com
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