FOR IMMEDIATE RELEASE

Mangosoft's Mangomind Creates A Virtual Office Environment For Mobile Employees

Mangomind Internet File Sharing Service provides a cost effective alternative to a virtual private network (VPN)

Westborough, MA - February 21, 2001: Mangosoft, Inc. (Nasdaq: BB: MGOF), developers of Internet-enabling business software and services, today announced that eVision Technologies and Ginsburg Development Corporation have chosen the Mangomind Internet File Sharing Service to improve communications between employees, partners, and customers who telecommute or work in remote locations. Mangomind creates a secure, virtual office environment for mobile workers and provides a cost effective alternative to setting-up and maintaining a virtual private network (VPN). Ideal for businesses and professional service organizations, Mangomind enables remote users to easily access, store and share files over the Internet in real-time.

eVision Technologies, a New England regional consulting and e-business application services provider, selected Mangomind to create a secure virtual office where eVision consultants can easily collaborate on projects regardless of their location. eVision advisors frequently work with client's onsite in geographically dispersed locations for days or weeks at a time. Mangomind enables the mobile consultants to easily update, review and collaborate on project files with the eVision home office in real-time and is more efficient than attaching files to email.

"As the number of critical projects increase, we found that email quickly became an inefficient way to share information on project status," said Michael Leary, president and chief executive officer, eVision. "Often times several versions of a document would be circulating between project team members and it became difficult and time consuming to track and reconcile the document edits. Mangomind provides us with a central location where everyone can access the most recent version of the file. We can even set up a conference call and work on the file simultaneously in real time."

Ginsburg Development Corporation (GDC), a New York-based real estate development company, selected Mangomind to provide a secure, easy way for development planners, engineers and project managers positioned at remote sites to share documents with GDC headquarters. Mangomind allows GDC to quickly set up secure communications at the temporary project site and enables all team members to collaborate on architectural and engineering designs, while at the same time providing access to the most up-to-date information concerning the project status.

"Our onsite project team needs immediate access to information that resides on our internal network," said Tom Gora, director of MIS, GDC. "Due to the nature of our hybrid Windows NT/Novell wide area network, it is complex and costly to set up VPN access from the remote site. Many times we only have a few days notification from when the project is approved to when our team is onsite. With Mangomind, we are able to simply gain access to an inexpensive DSL connection and use the Mangomind service to allow our project team to access and share files with the home office."

"Mangosoft is keeping today's growing number of mobile workers connected to key information, in a secure and easy-to-use environment that scales to meet the needs of smaller work groups or enterprise level teams," said Linda Myers-Tierney, senior vice president and chief marketing officer at Mangosoft. "Mangomind has filled the void for a fast and secure communications link for a mobile workforce without the costs and complexity of a VPN. The result is faster access to critical information, more efficient communication among colleagues, and increased productivity."

About Mangomind

Mangomind, The Business Internet File Service, improves business collaboration between customers, partners and colleagues through better, faster Internet communications. The service is ideal for project teams who have external contributors, a demanding project cycle and require intense collaboration to successfully complete the project. With Mangomind, team members can easily access the most recent project information and updates from contributors anywhere in the world. The Windows software is easy to use and requires no additional end user training while business level security (128-bit encryption) eliminates the need for expensive, complex virtual private networks (VPN).

About Ginsburg Development Corporation

GDC is a premier real estate development organization with over 30 years experience in large residential developments. The company has numerous design awards and community planning awards to their credit. http://www.gdc-homes.com

About eVision Technologies Inc.

eVision Technologies is an e-business and enterprise application consulting services firm. As an exclusive Epicor VAR with a growing list of clients, eVision Technologies is quickly becoming one of the premier technology-consulting firms in New England servicing the needs of middle market companies. http://www.e-visiontech.com

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.