FOR IMMEDIATE RELEASE

IDC Issues Report On Mangosoft's Mangomind Service

10/19/2000 Business Wire

Westborough, MA - May 22, 2001: Mangosoft Inc. (Nasdaq: BB: MGOF), a leading provider of Internet-enabling business software and services, announced that IDC has released a report that describes the advantages of Mangosoft's Mangomind Internet file sharing service. Mangomind is the first and only robust, multi-user Internet file sharing service designed for secure business-to-business communications.

View IDC Bulletin in PDF or HTML format.

IDC highlights several of Mangomind's key qualities. First, Mangomind can fulfill organizations' needs to share and collaborate on documents securely outside of firewalls. Second, it can be easily integrated into current work environments through its compatibility with Windows, a convenience that is valued by end users. Third, Mangomind is a subscription service, which eliminates the cost and burden involved with licensing, installing and managing a product.

In his report, Doug Chandler, Program Manager, IDC Storage and Data Management Services, states, "The Windows-based tool has the potential to greatly improve business-to-business (B2B) communications and collaboration and seems especially well suited to industries such as legal, financial, and consulting, in which file sharing is critical. With a renewed emphasis on marketing and partnering, Mangosoft has the potential to leverage Mangomind's solid technology core and build a significant customer base around the service."

In response to the IDC report, Dale Vincent, CEO of Mangosoft, said, "We are excited to receive recognition of Mangomind's potential impact on business productivity from IDC. With our products launched we are moving aggressively to build awareness and develop channels for distribution. The exposure we receive from IDC's report on Mangomind should provide additional leverage for us as we engage with new partners and customers."

IDC's research report on Mangomind can be accessed at http://www.mangosoft.com/news/bulletin/IDCreport.asp.

About IDC

IDC is the foremost global market intelligence and advisory firm helping clients gain insight into technology and ebusiness trends to develop sound business strategies. Using a combination of rigorous primary research, in-depth analysis, and client interaction, IDC forecasts worldwide markets and trends to deliver dependable service and client advice. More than 700 analysts in 43 countries provide global research with local content. IDC's customers comprise the world's leading IT suppliers, IT organizations, ebusiness companies and the financial community. Additional information can be found at www.idc.com. IDC is a division of IDG, the world's leading IT media, research and exposition company.

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.