Mangosoft, Inc. Adds Robert Primmer, Peter Caparso and Douglas Edwards to Management Team

FOR IMMEDIATE RELEASE

Mangosoft, Inc. Adds Robert Primmer, Peter Caparso and Douglas Edwards to Management Team

Westborough, MA - March 1, 2000: New VPs of Marketing, Business Development, and Internet Operations Director Strengthen Company's Position as Internet Leader Mango, Inc. (NASDAQ BB: MGOF), developers of innovative software that leverages PC desktop systems to improve your Internet experience, today announced that Robert J. Primmer has joined the company as vice president of marketing. Primmer will be responsible for the worldwide marketing of Mango's suite of Internet enhancement solutions. Mango also announced the promotion of Peter J. Caparso to vice president of business development. Caparso, who has been responsible for developing a series of strategic partnerships for Mango, will lead the company's efforts to build distribution relationships and sales agreements in support of Mango's Internet solutions.

"Bob's results-oriented experience in building brand and market leadership for computer and Internet solutions will be invaluable in establishing Mango as an emerging Internet leader," said Dale Vincent, president and CEO, Mango. "With Peter and Bob leading our marketing and business development efforts, we can more effectively reach our target markets of small to large companies looking to optimize the Internet to improve productivity."

"Mango clearly has the opportunity to improve PC and Internet performance with their caching technology and Internet productivity tools," said Primmer. "I look forward to working with Mango's outstanding management team to help them translate superior technology into market leadership."

Also today, Mango announced that Douglas J. Edwards has joined the company as Director, Internet Operations. Edwards will be responsible for developing and managing the Internet partnerships for Mango's future product and service offerings.

Prior to joining Mango, Primmer was the director of product marketing at GeoTel Communications, which was acquired by Cisco Systems in June of 1999 for $2 billion. At GeoTel, Primmer helped create, manage and market the company's desktop product set, taking sales from $500,000 to $53 million in 26 months. Prior to GeoTel, Primmer served as the vice president of engineering for Aurora Systems, Inc., and was directly involved in determining overall company strategic objectives for sales and marketing. From 1983 to 1996, Primmer held numerous positions at Data General Corporation, including project leader for engineering and new product development. Primmer received his M.B.A. from Clark University Graduate School of Management in Worcester, Mass., and a B.S. in computer science from Worcester State College.

Prior to Mango, Caparso managed OEM and major account relationships at VocalTec Incorporated and Stratus Computer Corporation. Caparso began his career at Bell Atlantic Corporation, where he spent over nine years in the sales department managing the Internet Service Provider and Financial Institutional Accounts. Caparso received his M.B.A. in Finance and Strategic Management from Boston College and holds a B.A. in Economics from Villanova University.

Prior to joining Mango, Edwards was the director of marketing in the $850 million Supply Chain Vertical Market in the Enterprise Business Unit of Bell Atlantic Corporation. Edwards also held leadership positions in Large Business Sales, where he was responsible for the $100 million Third Party Sales Channel. Edwards received his M.B.A. in the Executive program at Northeastern University and holds a B.A. in Management from the University of Massachusetts, Boston.

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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