"We are delivering our OEM product commitments and we have also launched a new enterprise version of Slingshot which is gaining more direct and OEM traction. We continue to see pipeline development from our alliances with Attachmate, Software AG, Beta Systems, and our most recent OEM partner, Inovis," he continued. "We are continuing to focus on being consistent and persistent in cost management and profitability."

"Over the past few months we have continued to 'up our game' in the areas of product development, QA, Tech Support, and assisting our customers in meeting their unique business and technical requirements," said Steve Flynn, Proginet's Chief Operating Officer. "We are very excited about delivering to our customers and OEM partners new product features, currently in the planning stages for CFI 7 which we plan on releasing in mid to late 2010."

Proginet points out that all estimates are preliminary, and that differences may arise between estimates and actual results, which will be available when the Company completes its review of financial results for the first quarter. The Company will report first quarter financial results on Tuesday, November 17, 2009 immediately following, Proginet's Annual Shareholder Meeting scheduled for the same day (full details below).

Annual Shareholder Meeting

Proginet's Annual Shareholder Meeting will be held at the offices of Proginet Corporation, 200 Garden City Plaza, Garden City, NY 11530, on Tuesday, November 17, 2009, at 4:30 pm Eastern Time. Shareholders of record at the close of business on September 28, 2009, should have received notification of the meeting, during the month of October.

Dial-in instructions for the Annual Shareholder Meeting and review of the end of quarter results are included below.

To listen or participate, shareholders should call the numbers below immediately prior to the meeting (you will need all of the following information):

Date and Time: Tuesday, November 17, 2009, at 4:30 pm
Leader: Mr. Sandy Weil
Passcode: AGM
Domestic Dial-in: +1 (888) 603-7097
International Dial-in: +1 (312) 470-7056

To receive press releases and other corporate communications directly from Proginet, please email investor@proginet.com or call +1 (516) 535-3600.

About Proginet Corporation

Proginet Corporation offers a universal, multi-platform software solution for fast, inexpensive and secure file transfers both inside and outside the enterprise. Proginet's CyberFusion Integration Suite (CFI) (R) is used by companies of all sizes to conduct business more efficiently while protecting customer data and limiting the risks associated with sharing proprietary information with partners and colleagues around the globe. With over 20 years of experience in the managed file transfer arena, Proginet's global customer base spans more than 30 countries and includes many Fortune 500 companies. Headquartered in New York, the company is publicly traded on the OTCBB under the symbol [PRGF.OB]. 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.

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 Proginet's , Form 10-K, Forms 10-Q, and Forms 8-K (www.sec.gov).

SOURCE: Proginet Corporation

Proginet Corporation 
Steve Flynn, +1 516-535-3620 
Chief Operating Officer 
steve.flynn@proginet.com

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PLEASE NOTE: All news in this release is summarized. To read the full news release, go to the Leader in Market News, www.stockprofiler.us, click the Headline Tab, enter the ticker symbol and click the news link.

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Proginet Corporation closed at $0.71 Monday, trading 2,500 shares.

Company News- November 3, 2009: Proginet Signs Software License Agreement with Major Financial Services Provider in the Middle East

Proginet Corporation (OTCBB: PRGF) earlier today announced a new software license agreement with one of the world's leading financial services providers, headquartered in the Middle East.

About Proginet Corporation

Proginet Corporation offers universal, multi-platform software solutions for fast, secure, and inexpensive file transfers both inside and outside the enterprise. Hundreds of companies worldwide rely on Proginet's CyberFusion Integration Suite (CFI) and SlingshotTM solutions to conduct business more efficiently while protecting customer data and limiting the risks associated with sharing proprietary information with partners and colleagues around the globe. With over 20 years of experience in the managed file transfer arena, Proginet's global customer base spans more than 30 countries and includes many Fortune 500 companies. Headquartered in New York, the company is publicly traded under the symbol [OTCBB: PRGF]. For more information, visit www.proginet.com.

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ICP Solar Technologies Inc. closed at $0.105 Monday, trading 152,645 shares.

Company News- November 3, 2009: Energizer Solar Program Selected by Costco

ICP Solar Technologies Inc. (OTCBB: ICPR) (FRANKFURT: K1U) earlier today announced that it has been awarded programs from Costco Canada worth up to $1million, a substantial increase from 2009, indicative of the Company's expanded product portfolio.

About ICP Solar Technologies

ICP Solar is a developer and marketer of solar panels, solar monitoring and power management solutions. Through the application of its own intellectual property and next-generation technologies, the Company aims to be the solar industry's innovation leader. For the past 20 years, ICP Solar has been a lead innovator in the consumer solar market and has now begun to apply that same innovation philosophy to the OEM, rooftop and power generation segment of the solar industry. ICP Solar's management has over 50 years of experience in the renewable energy sector. ICP Solar markets its products under its sunsei brand and, in the solar charger category, is the global licensee of the Energizer brand. The company's headquarters are located in Montreal, Canada, with an R&D center in St. John's Canada and additional locations in the USA, Ireland, France and the UK. Additional information may be found at www.icpsolar.com, www.sunsei.com, and www.sunsei.eu.

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Avatech Solutions, Inc. closed at $0.00 Monday, trading 0 shares.

Company News- November 3, 2009: Avatech Solutions to Report Fiscal 2010 First Quarter Results on Monday, November 16, 2009

Avatech Solutions, Inc. (OTCBB: AVSO) earlier today announced it will release its financial results for the three months ended September 30, 2009, before the market opens on Monday, November 16, 2009.

About Avatech Solutions, Inc.

Avatech Solutions, Inc. is America's leading professional services company for design and engineering technologies. Avatech advances the way organizations design, develop, and manage building, infrastructure, and manufacturing projects. Fortune 500 and Engineering News Record's Top 100 companies work with Avatech to gain a competitive advantage through technology consulting, implementation, training, and support services. One of the world's largest integrators of Autodesk software, Avatech designs systems that accelerate innovation while improving quality and profitability. For more information please visit www.avatech.com.

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"We've been focusing more of our resources on our partnerships and OEMs, and closing this deal is further evidence that our efforts are paying off," said Sandy Weil, Proginet's President and CEO. "This was the first OEM deal closed by Attachmate and Proginet's first file transfer deal in the Middle East. Our partnerships are allowing us to access areas of the world that we were not able to previously," continued Mr. Weil.

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

About Proginet Corporation

Proginet Corporation offers universal, multi-platform software solutions for fast, secure, and inexpensive file transfers both inside and outside the enterprise. Hundreds of companies worldwide rely on Proginet's CyberFusion Integration Suite (CFI)(R) and SlingshotTM solutions to conduct business more efficiently while protecting customer data and limiting the risks associated with sharing proprietary information with partners and colleagues around the globe. With over 20 years of experience in the managed file transfer arena, Proginet's global customer base spans more than 30 countries and includes many Fortune 500 companies. Headquartered in New York, the company is publicly traded under the symbol [OTCBB: PRGF]. 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.

SOURCE: Proginet Corporation

Proginet Corporation 
Jeff Schlauch, 516-535-3621 
jlynch@proginet.com

Investor Conference Call

Proginet will hold an Investor Conference Call on Tuesday, September 22, 2009 at 4:30 p.m. Eastern Time. The call will be an opportunity to review fiscal 2009 financial results and provide investor updates.

To listen or participate, investors should call in at the numbers below immediately prior to the event (you will need all of the following information).

Domestic - +1 (888) 989-8179

International - +1 (312) 470-7271

Passcode - Proginet

Leader - Mr. Sandy Weil

Annual Shareholder Meeting

Proginet's Annual Shareholder Meeting will be held at the offices of Proginet Corporation, 200 Garden City Plaza, Garden City, N.Y. 11530, on Tuesday, November 17, 2009, at 4:30 p.m. Eastern Time. Shareholders of record at the close of business on September 28, 2009, will receive notification of the meeting, with voting and participation instructions, during the month of October.

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

Financial Highlights
(000's except per share data)
                                    Three months ended         Year ended
                                    July 31,                   July 31,
                                    (Unaudited)
                                           2009       2008           2009           2008
Software license revenue            $      1,195   $  210      $     4,139    $     1,336
Software maintenance fees and other        1,411      1,533          4,966          6,122
Professional services                      77         8              191            107
Total revenues                             2,683      1,751          9,296          7,565
Total operating expenses, net              2,203      3,115          9,666          10,045
Net earnings (loss)                 $      480     $  (1,364)  $     (370)    $     (2,480)
Basic and diluted                   $      .03     $  (.09)    $     (.02)    $     (.17)
earnings (loss) per share
                                                               At             At
                                                               July 31, 2009  July 31, 2009
Cash                                                           $     1,106    $     2,338
Trade accounts receivable, net                                       2,366          1,816
Property and equipment, net                                          324            181
Capitalized software development costs, net                          4,080          3,660
Purchased software and other intangibles, net                        376            916
Other assets                                                         243            299
Total assets                                                   $     8,495    $     9,210
Accounts payable and accrued expenses                          $     1,262    $     1,374
Deferred revenues                                                    2,869          4,011
Deferred rent                                                        148            162
Total liabilities                                                    4,279          5,547
Total stockholders' equity                                           4,216          3,663
Total liabilities and stockholders' equity                     $     8,495    $     9,210

About Proginet Corporation

Proginet Corporation offers a universal, multi-platform software solution for fast, inexpensive and secure file transfers both inside and outside the enterprise. Proginet's CyberFusion Integration Suite (CFI)(R) is used by companies of all sizes to conduct business more efficiently while protecting customer data and limiting the risks associated with sharing proprietary information with partners and colleagues around the globe. With over 20 years of experience in the managed file transfer arena, Proginet has built a customer base of over 400 companies spanning 30 countries. Headquartered in New York, the Company is publicly traded under the symbol [OTCBB: PRGF.OB]. 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.

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 our Form 10-K, Form 10-Q, and Forms 8-K (www.sec.gov).

SOURCE: Proginet Corporation

Proginet Corporation 
Debra DiMaria 
Chief Financial Officer 
(516) 535-3681 
debra.dimaria@proginet.com