Dow Jones 12509.60 +5.78 6:40 am PDT, June 3, 2008 NASDAQ 2496.56 +5.03 For info, visit access.smallcapnetwork.com S & P 500 1387.97 +2.30 Change your subscription status here Russell 2000 741.02 +0.00 VOLUME 08 : ISSUE 52 Voyant Boosted by RocketStream 'Stage 2' Last week when I was singing the praises of Voyant's RocketStream, I had a feeling it was something big. A technology that actually makes the internet work up to 200 times faster? No wonder Nielson Mobile wanted it! With somebody else is embedding the very same technology into their own software (less than a week later) it's confirmed...this technology is finding a market. As a result, Voyant International (OTCBB: VOYT) has decidedly dropped the word 'pre' from their pre-revenue description. I really hope you were already a shareholder.    If You Can't Beat 'Em, Use Their Technology Here's the deal ...Voyant's RocketStream makes full use of the internet's data transmission capacity. That just means they know how to send large files via the internet much faster than you and I typically can. Like I said, the speed of RocketStream can be up to 200 times faster than our average experience. In fact, the technology is so powerful, a company called Proginet has decided to use RocketStream as the data transmission component of their software. Proginet's software is called the CyberFusion Integration Suite (or CFI for short). CFI is designed to be an advanced managed file transfer solution, and is Proginet's flagship product - a perfect venue for RocketStream.  This is a big deal for Voyant and its investors for two reasons.  First,it completely legitimizes RocketStream. I don't want to get too high on the soapbox here, but Proginet is a software company. Their expertise is the development of enterprise software for advanced managed file transfer and security applications. I'm no technology expert, but to me that sounds a lot like what RocketStream is anyway. When a software developer chooses to integrate someone else's software rather than developing their own it tells me Voyant's technology is second to none.  The second reason is revenue. None of the dollar details of the deal were disclosed. I'm certain that's deliberate in order to protect the enterprise, which I'm all for (even though I'm more than a little curious). However, I have to assume it's fairly significant to Voyant. Remember, they didn't have any sales to speak of until a couple of weeks ago; any revenue is going to make a dent for this small company.  Of course, there are only two likely ways this could bear revenue for the company - either a flat fee, or some sort of licensing agreement (or maybe both). I suspect it's the latter, though we'll be able to deduce a little more when they submit their next filing.    The Best Part is the News Behind the News Voyant is for real because RocketStream is for real. The company is delivering on the promise, and the sky may well be the limit now that Proginet is taking the ball and running with it.  See, Proginet may be a small company, but they've got some big companies as clients. Some of their customers include Aetna, Lockheed-Martin, AT&T, Conagra, Siemens, General Motors, IBM, & Xerox just to name a few.  Not all of those customers are necessarily CFI users (yet), but Proginet's got more than 500 clients to tap. Do you think at least a few of them might have big files they need to transfer? I'd say all of 'em do, but even if it's only a few dozen it could still be a windfall for Voyant. Given that Proginet's doing several million dollars in sales per year already, I think the upgraded CFI software could muster up even more revenue, a healthy portion of which is likely to flow back to Voyant. And here's the sweetest part of all - RocketStream can still be marketed by Voyant to other companies or for other applications ...Proginet is just one partner.    A Split Decision With Monday's closing price of 22 cents, Voyant's market cap is now $29 million. Bear in mind however that today's news is probably going to inspire yet another rally, albeit a deserved one. Speaking of, I have to say I like the way the stock has held up following a major surge last week. After peaking at 31 cents on the 29th, VOYT has gently pulled back to take a breather. Even then, we've seen shares work hard to close above intra-day lows. And, we've seen support around the 38.2% retracement level of the April/May upswing.  At the same time, I'll confess I'm a little torn here. I set a short-term trading target of 36 cents, and the veteran trader in me still feels it's just good practice to take some profits - even when it doesn't feel like a stock's ever going to quit rising.  On the flipside, based on what I've seen so far I tend to think VOYT could indeed be one of those wonder-stocks and eclipse 36 cents without a second thought.  The solution may be to split the trade up...take a little off the table now at 36 cents, and keep some to take off the table later. Make no mistake though - I'd want to re-enter on a pullback as long as this kind of news kept flowing. Why? I can really see this stock doubling or even tripling its current value (not a double of our starting value of 12 cents, but a double of the current value of 22 cents) in the next few months.    Proginet and RocketStream Partner to Deliver Unprecedented  Managed File Transfer Speeds Managed File Transfer Pioneer and Data Transfer Acceleration Leader Team to Shatter the Speed Barrier for Enterprise Managed File Transfer Delivery  Garden City, N.Y., and Mountain View, Calif.- June 03, 2008 - Proginet Corporation (OTCBB: PRGF), a leading developer of enterprise software for advanced managed file transfer and security applications, and RocketStream, Inc., a subsidiary of Voyant International Corporation (OTCBB: VOYT), and a leading provider of digital content delivery acceleration, today announced a new partnership agreement. Under the terms of the agreement, the companies will embed RocketStream's technology for data transfer acceleration into CyberFusion Integration Suite (CFI)(tm), Proginet's flagship solution for advanced managed file transfer, to deliver ultra-fast file transfer capabilities to customers worldwide. The partnership will also enable Proginet to resell Rocketstream's products through its distribution network.  In an increasingly competitive global business landscape, with surging requirements to deliver files across multiple platforms, advanced managed file transfer capabilities have become absolutely critical. Proginet, powered by RocketStream, will offer an unparalleled solution for this growing market. RocketStream's data transfer acceleration technology forms the core of the RocketStream(tm) file transfer acceleration suite, which is capable of accelerating file transfer up to 200 times faster than traditional FTP. With this acceleration capability embedded into CFI, Proginet expects to achieve significant competitive advantage by offering file transfer speeds well beyond the 100 Mb/s maximum throughput limitations of other, more costly, managed file transfer solutions.  "By combining Proginet's advanced managed file transfer capabilities with RocketStream's industry-leading technology, we expect to provide customers with the fastest file transfer speeds on the market at less than half the cost of many other managed file transfer solutions," said Sandy Weil, executive vice president of sales and marketing for Proginet. "This partnership is indicative of a fundamental shift in the managed file transfer marketplace. Enterprise customers are demanding faster, cheaper, more integrated solutions for moving data and sharing files, and they see this capability as a critical strategic component of doing business without borders."  "Partnering with Proginet is a natural fit for Rocketstream," said Steffen Koehler, chief marketing officer for RocketStream and Voyant. "This relationship will combine the strengths of two technology and cost leaders in their respective industries in order to provide significant benefits to our mutual customers. Our combined solutions will enable enterprises to significantly speed the way they conduct business, and at a fraction of the cost of other solutions."  # # # # # # #  About RocketStream, Inc. RocketStream develops cross-platform technologies and solutions to enhance collaboration, file transfer, and media delivery over any IP-enabled network, including LAN, WAN, satellite, and mobile communications infrastructures. The company has developed scalable, software-based servers and cross-platform client implementations that support high-concurrency message routing and secure delivery of digital payloads over its proprietary RocketStream Protocol. RocketStream is a subsidiary of parent company Voyant International Corp. (OTC-BB: VOYT). More information can be found at www.rocketstream.com and www.voyant.net.  About Proginet Corporation Proginet Corporation is a leading developer of enterprise software for advanced managed file transfer and security applications. Throughout its 20-plus year history, the company has earned an excellent reputation for its multi-platform expertise and dedication to customer service. The Company's flagship solution, CyberFusion Integration Suite (CFI)(tm), is the world's most advanced managed file transfer solution, and supports all major computing platforms, from Windows to the Mainframe. Proginet's global customer base spans more than 30 countries and includes many Fortune 500 companies. The company is headquartered in New York, with offices in Toronto, Canada, and is publicly traded under the symbol [OTCBB: PRGF]. For more information, visit www.proginet.com. To receive press releases and other corporate communications directly from Proginet, please e-mail investor@proginet.com or call (516) 535-3600.  Disclaimer This press release may contain forward-looking information within the meaning of Section 29A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors under those sections. In some cases, you can identify forward-looking statements by terminology such as "expect," "believe," "may," "will," "plans" and "anticipate," or the negative of such terms or comparable terminology. Forward-looking statements appearing herein include statements concerning operating and profitability plans and goals and are based on current expectations.  Proginet Media Contacts  Dave Bowker/Paul DiPerna  Schwartz Communications  781-684-0770  proginet@schwartz-pr.com  Proginet Investor Relations Contact:  John F. Lynch  Proginet Corporation  516-535-3651  jlynch@proginet.com  RocketStream Media Contacts  Julie Parayno / Katie Reid  Dovetail Public Relations  408-395-3600  rocketstream@dovetailpr.com  Voyant Investor Relations Contact:  Howard Gostfrand  American Capital Ventures  305-918-7000 info@amcapventures.com    We Value Your Feedback   Got comments, questions or suggestions? Send 'em on over: Email the Editor If you wish to send a written request or inquiry, please send it to our physical address: TGR Group, LLC 4653 Carmel Mtn Rd Suite 308 #402 San Diego, CA 92130 Subscribe Information is power and timely information is profitable. 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D I S C L A I M E R: The Small Cap Network, its website and email newsletter (hereafter, cumulatively referred to as "SCN") , is an independent electronic publication committed to providing its readers with factual information on select publicly traded companies. SCN is owned and operated by TGR Group, LLC ("TGR"). All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. Moreover, as detailed below, TGR accepts compensation from third party consultants and/or companies, which it features in the publication and circulation of SCN. 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