FOR IMMEDIATE RELEASE

Mangosoft Delivers 'Information Age' Services to Architectural Firms

Balay Architects, LLC Uses Mangomind Business Internet File Service to Synchronize AutoCAD Drawings with External Engineering Teams and Contractors

Westborough, MA - January 9, 2002: Mangosoft Inc. (OTC: BB: MGOF), a developer of Internet enabling business software solutions, today announced that Balay Architects, a Midwestern architectural firm, is using Mangosoft's Mangomind Business Internet File Service to improve workgroup productivity and enhance communication between collaborating, external engineering teams and project leaders.

Architectural firms like Balay typically team with external, engineering teams and contractors to collaborate and contribute to a specific project. Because of the dispersed geographic locations of the contributing teams, communication and project coordination is a major challenge. Keeping the project teams up to date with the latest versions of electronic plans and drawings is critical to the process. Using Mangomind as a collaboration tool between its corporate offices and its external consultants, Balay is able to improve the productivity of its project teams, ensure accuracy of its project drawings, and deliver a premium product to its clients.

Balay Architects relies on AutoCAD design and drawing software to synchronize all of the drawings from their participating project teams. The external reference (x-ref) function in AutoCAD allows creation of a master drawing that can be referenced by other drawings. When changes are made to the master drawing, all other drawings that reference the master are automatically updated. This function is only effective if all of the drawings are accessible from the same network location. Because their consultants work in geographically disperse locations, Balay typically would deliver the AutoCAD files via e-mail and instruct the consultants to make the appropriate updates by overwriting their local copies of the master drawing.

"Using our old methodology, whenever we needed to make a change to an architectural plan, we needed to contact all of the project consultants and trust them to copy and replace the old drawing with the new one," said Michael Balay, principal partner of Balay Architects. "This conventional, e-mail method was a project management nightmare in a world running on Internet time."

Mangomind: One File, One Place

To automate the process, Balay Architects uses Mangomind as a secure, shared workspace for the project team. Now Balay need only change a master AutoCAD drawing on the Mangomind Drive and their consultant's drawings are automatically synchronized and updated when they are opened because of the AutoCAD x-ref function and the Mangomind connection.

"This is the real power of the Mangomind service: real time access to electronic data, even though our project team resides in disparate locations. The process reduces time spent on the change and edit process, ensures accuracy, and improves our overall project quality and productivity," continued Balay.

End-to-End File Security

Because Balay relies on external consultants and has several projects working concurrently, file security is of paramount importance. In addition to end-to-end 128-bit encryption and user authentication protocols, Mangomind also allows Balay to implement access controls on the various files and folders to ensure only the appropriate people, or groups of people, have access to the appropriate information.

"Mangomind's rigorous security protocols not only protect our architectural plans and files, but also provide protection for our consulting organizations' drawings as well," said Balay. "They can feel comfortable that only those who require access can receive permission to view or work on their files."

About Balay Architects, LLC

Balay Architects combines the client-centered values of a traditional architectural practice with the new technologies of the Information Age. They have responded to change driven by technological, client, and competitive forces to form an architectural practice for the Information Age. This Information Age Practice creates value for the client by enabling more work to be produced faster, at lower cost, and at a higher level of quality. The Balay Architects Web site is www.balayarchitects.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. AutoCAD is a registered trademark of AutoDesk, Inc.