Downloaded the Import Patch Data for Windows (PMImport): Confirmed the process was successful as it accessed the proxy server via the settings implemented on the Console under HTTP Settings.
However, when downloading Software Updates that pull from their vendor's FTP URL, specifically Adobe Acrobat Software Updates as outlined in INFO2742, via the Patch Remediation Center; the process fails to utlize the following settings as implemented:
Configured the Proxy settings in Internet Explorer:
Internet Options > Connections > LAN Settings; under Proxy server:
Enabled the check box: Use a proxy server for your LAN
Implemented specific settings for the environment
Configured Proxy Settings to include specific FTP Settings on the Console > All Settings > Settings > Notification Server > Notification Server Settings > Proxy tab: