Mango Leads Network Revolution

FOR IMMEDIATE RELEASE

Mango Leads Network Revolution

New Software Company to Deliver Powerfully Simple Networking Solutions

Westborough, MA - May 6, 1997: Businesses have long puzzled over finding a network solution they can easily implement, manage and afford, often resorting to the inefficient "sneaker net." A new company - the MangoSoft Corporation (Mango) - is creating breakthrough networking software solutions designed to meet this overwhelming market demand.

The company will roll out in the summer of 1997 a series of products based on its breakthrough CacheLink network architecture, which provides a powerful alternative to traditional client/server and peer-to-peer network offerings. Mango's flagship product, Medley was created specifically for small business and SOHO environments.

"Mango is breaking all the rules when it comes to networking," said Steven Frank, CEO, president and founder of Mango. "We have engineered a powerfully simple network environment that is adaptive, automated and transparent that can be set up by anyone in minutes. By blending advanced technology with simplicity, Mango is delivering ideal solutions for small business."

Mango's core technology harnesses the untapped power and resources of a desk to PC by automatically leveraging the idle resources of other PCs on the network. The architecture enables shared resources and information from the desktop with a single universal view of all the data on the network. The simplicity of the technology eliminates the need for costly technical support.

"Currently, 75% of all small businesses in the U.S. are not networked due to the high cost and complexity associated with current options," said Richard M. Onyon, vice president of sales and marketing for Mango. "We have developed a solution that eliminates the barriers that have prohibited the widespread adoption of networks in this market segment. That's a boon for the market and a terrific opportunity for Mango."

Mango will initially introduce Medley through a wide range of Value Added Resellers (VARs) and Original Equipment Manufacturers (OEMs) in North America. A retail roll-out is slated for later in 1997, followed by the delivery of Asian and European versions in the fourth quarter.

About Mangosoft, Inc.

Mangosoft, Inc. (OTC: BB: MGOF) creates software and services that make the Internet a better place for business. Through its Mangomind® Internet File Server for Business, Mangosoft allows its customers to connect easily and securely with remote colleagues, clients, and partners around the world, enabling them to make smarter and faster business decisions. Encryption technology is provided by RSA Security (NASDAQ: RSAS). FileTRUSTSM, acquired from FleetFinancial, provides secure, online file storage services. Mangosoft's Cachelink® Web caching software maximizes a company's existing resources, making the Internet work faster and more efficiently. Mangosoft sells its products directly to customers as well as through a network of value-added resellers and systems integrators. The Mangosoft Web site is http://www.mangosoft.com.

The matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product and technology development, market acceptance of new products, product demand, the impact of competitive products and pricing, changing economic conditions and other risk factors detailed in Mangosoft's most recent annual report and other filings with the Securities and Exchange Commission. Prices for Mangosoft products and services are subject to change - check the pricing page on Mangosoft's web site for current pricing.

fileTRUST and The Business Internet File Service are servicemarks, Mangomind and Cachelink are registered trademarks, and Mangosoft is a trademark of Mangosoft, Inc.

 

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