FOR IMMEDIATE RELEASE

Mangosoft, Inc. Names Linda Myers-Tierney Chief Marketing Officer

Confirms Commitment to Market Driven Solutions Thrust

Westborough, MA - December 14, 2000: Mangosoft Inc. (Nasdaq: BB: MGOF), developers of Internet business software and services, today announced that Linda Myers-Tierney has joined the company as sr. vice president and chief marketing officer. Myers-Tierney will be responsible for worldwide strategy and programs that extend the market penetration of the company's (R) Pro Web caching software and Mangomind> Internet file sharing service.

Previously, Myers-Tierney was chief marketing officer for Eastman Software, a business-to-business e-supply chain solutions supplier for vertical markets. In this capacity, Myers-Tierney led the repositioning and rebranding of the company from a traditional workflow management software company to a B2B solutions provider. She also led the effort to raise corporate visibility and drove the planning and execution of the new worldwide strategy. Prior to Eastman Software, Myers-Tierney founded Myers-Tierney & Associates, an independent consulting practice where she provided industry analysis, market research and positioning strategy to a wide range of clients, from start-ups to industry leaders. Myers-Tierney also held senior marketing, sales, and finance positions with Digital Equipment Corporation and was a Practice Leader with International Data Corporation.

"We are delighted that such a seasoned professional has joined our senior management team," said Dale Vincent, president and CEO, Mangosoft. "Mangosoft is committed to developing enabling technology for next generation Internet business applications. Linda's extensive experience in business strategy, consulting and marketing will be key elements to our success."

"I am very excited about Mangosoft's technology and its potential to allow organizations to create new business models and rapidly gain a competitive advantage," said Myers-Tierney. "I am looking forward to leveraging the ease of use and business level security inherent in the Mangomind file sharing service to generate new market opportunities and channels for this breakthrough Internet business enabling technology."

A frequent author and speaker on industry topics, Myers-Tierney is widely recognized in the areas of e-business, knowledge/document management, imaging/workflow and collaborative computing. Myers-Tierney is also a member of The Boston Club and the Boston Chapter of Women in Technology International, both professional organizations geared toward developing, promoting and recognizing women leaders. She also serves in a number of organizations dedicated to mentoring young women, including Advocates for Women in Science, Engineering, and Mathematics, and AllGirlplanet Computer Camps.

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). FileTRUST^SM, 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.