FOR IMMEDIATE RELEASE

Mangosoft Announces Windows XP Support for its Mangomind Business Internet File Service

Mangomind Provides a Secure, Shared Internet Workspace for PC Users on Any Windows Platform

Westborough, MA - November 8, 2001: Mangosoft Inc. (OTC: BB: MGOF), a developer of Internet enabling business software solutions, today announced that its Mangomind Business Internet File Service now supports Microsoft's (Nasdaq: MSFT) recently launched Windows XP. With the addition of XP, Mangomind supports all of the most commonly used Windows PC business platforms, including Windows 95/98, ME, NT, and 2000.

The Mangomind service is designed for teleworkers, mobile workers, and other business people who need to collaborate with remote colleagues, partners, and other workgroups outside the corporate network. Mangomind delivers a secure, shared Internet workspace where people from around the globe can access, share and store business critical files and information.

"Mangomind delivers a robust file access, storage and sharing environment for dispersed global workgroups," said Scott Davis, vice president and chief technology officer of Mangosoft. "Mangomind is a best of breed file service that provides secure, safe file shares over the Internet. With Mangomind, Windows applications behave the same as they do on a shared Local Area Network drive, with fully coordinated sharing. By extending Mangomind support to Windows XP, we are continuing Mangosoft's commitment to support the full range of Windows platforms that our customers use, now and in the future."

Mangomind provides remote access to files, secure workgroup file sharing, online file storage, secure messaging, and offline access to files. Mangomind operates with the same look and feel of a familiar Windows drive, is easy to use, and does not require extensive end-user training. Security for Mangomind products is provided by RSA Security (Nasdaq: RSAS) and includes end-to-end 128-bit encryption of transferred and stored files, user authentication, and file access controls.

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.