BEDFORD, Mass., Mar 03, 2010 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, will hold its quarterly conference call to discuss the company's 2010 fiscal first quarter, on Wednesday, March 24th, 2010 at 9:00 a.m. Eastern Daylight Time. Beginning this quarter, in combination with its press release, Progress Software will provide in advance a copy of prepared remarks for its quarterly investor conference call. The press release and the prepared remarks will be made available after the market closes on Tuesday, March 23rd. This process and these remarks will be offered to provide shareholders...

Apama(R) Complex Event Processing platform provides brokers and hedge funds with a one-stop shop solution for quantitative and algorithmic trading LONDON, Feb 25, 2010 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, announced today that it has joined forces with Statistical Research Laboratory (SRL), a dynamic and innovative company developing software to deliver plug-and-play solutions to financial trading desks, to provide a complete trading technology solution for brokers and hedge funds. The SRL solution will be powered bytheProgress(R) Apama(R) Complex Event Processing (CEP) Plat...

Progress(R) DataDirect Connect(R) for ADO.NET Entity Framework Data Provider Ensures Reliable Data Connectivity to All Major Databases BEDFORD, Mass., Feb 22, 2010 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced STEMSOFT Software Inc. has embedded the Progress(R) DataDirect Connect(R)for ADO.NET Entity Framework provider for the Oracle database in its cell-therapy manufacturing software. With full-feature Entity Framework support and 100 percent managed code architecture, the DataDirect Connect for ADO.NET data providers boost application performance...

BEDFORD, Mass., Feb 09, 2010 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced the appointment of Robert Levy to the new executive position ofSenior Vice President and Chief Product Officer (CPO). Reporting to President and CEO, Richard D. Reidy, Levy will lead the direction of all phases of the company's solution portfolio from product strategy through product management, product development, quality assurance, production and release, and revenue generation. Levy and his organization will also work closely with the global marketing and field operations o...

Algorithmic Trading Accelerator enables Banco Fator clients to develop customized strategies BEDFORD, Mass., Feb 08, 2010 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, today announced that Banco Fator Corretora, a Brazilian bank and brokerage firm, has deployed the Progress(R) Apama(R) Algorithmic Trading Accelerator. The Apama Algorithmic Trading Accelerator will play a critical role in Banco Fator's new electronic trading strategy, enabling it to more effectively develop high frequency, proprietary trading tactics, rapid customization, and low latency execution of trades on behalf o...

Independent Software Vendors Create Diverse Range of Solutions using OpenEdge BEDFORD, Mass., Jan 27, 2010 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading software infrastructure provider that enables enterprises to be operationally responsive, today recognized the most thriving independent software vendors (ISVs) around the world, who build their applications using the award-winning Progress(R) OpenEdge(R) application development platform, in five distinct categories. These software vendors are recognized for their outstanding dedication to building innovative solutions using Progress(R) OpenEdge(R), Progress Actional(R), a powerful Progress offering that provi...

DBMS recognized for years as leader now seen as key asset for cloud deploymentsBEDFORD, Mass., Jan 26, 2010 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a provider of leading application infrastructure software to develop, deploy, integrate and manage business applications today announced that IDC has ranked the award-winning Progress(R) OpenEdge(R)business application development platform as the number one pure-play embedded database management system (DBMS) in the world in 2008 for the fifth consecutive year, and was ranked this way for each of the six reports that IDC has issued for this market over the years. IDC presented findings in a report released on January 5,...

Progress sees usability as one of the keys to success for cloud deploymentBEDFORD, Mass., Jan 25, 2010 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading software infrastructure provider that enables enterprises to be operationally responsive, announced today that advanced User Interface (UI) flexibility is a key focus of the enhancements within the latest version of Progress(R) OpenEdge(R). The OpenEdge SaaS platform simplifies the development and deployment of business applications to numerous users and devices, an increasingly important factor for Cloud Computing. Productivity enhancements center on the platform's integrated development environment, Progress(...

Savvion's pioneering, best-in-class BPM technology complements Progress technology to enable enterprises to achieve Operational Responsiveness ORLANDO, Fla., Jan 11, 2010 (BUSINESS WIRE) -- ProgressSoftware Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive announced today at its Global Field Operations Conference the acquisition of Savvion Inc., a privately held business enterprise software company based in Santa Clara, California, for approximately $49 million, net of cash acquired. Savvion is a pioneering and leading provider of Business Process Management (BPM) technology with 15 years of market experience. The company offers...

BEDFORD, Mass., Dec 29, 2009 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading software infrastructure provider that enables enterprises to be operationally responsive, has announced that Rick Reidy, CEO, Bud Robertson, senior vice president Finance & Administration and chief financial officer, and Chris Larsen, senior vice president of Global Field Operations will preside over the NASDAQ opening ceremony on December 29, 2009. When: Tuesday, December 29 at 9:30 a.m. EST Where: NASDAQ MarketSite, 4 Times Square, 43rd & Broadway - Broadcast Studio New York City What: Rick Reidy, CEO, Bud Robertson, senior vice president Finance & Administration an...

Earnings Up in Q4; Progress Actional Revenue Up with Triple-Digit Growth; Progress(R) Apama(R) Revenue Up with Double-Digit Growth BEDFORD, Mass., Dec 22, 2009 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ:PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced results for its fourth quarter ending November 30, 2009. On a generally accepted accounting principles (GAAP) basis, revenue for the quarter was $136.8 million, down 2 percent (5 percent at constant currency) from $139.4 million in the fourth quarter of fiscal 2008. On a non-GAAP basis, revenue totaled $136.9 million, representing a 4 percent decrease...

Innovation driven by recessionary cost pressures will change computing permanently, and for the better, says CTOBEDFORD, Mass. & LONDON, Dec 10, 2009 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, has predicted that the slow evolution in computing over the last few years will become a quiet revolution in 2010. Progress has also warned that CIOs who want to lead this revolution need to innovate at every opportunity, watching consumer trends and listening to ideas from across the business to ensure success. Based on feedback from customers, as well as its own resear...

Entrepreneur, Visionary and CEP Pioneer to lead Progress Software's Strategy and Corporate DevelopmentBEDFORD, Mass., Dec 10, 2009 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced the appointment of Dr. John Bates as the company's Chief Technology Officer (CTO) and Head of Corporate Development. As Progress Software's Corporate CTO and Head of Corporate Development, Dr. Bates is now responsible for four key areas: 1. Creating and evolving Progress business strategies, 2. Acquiring companies to support Progress' business strategies, 3. Evangelizing ...

Progress views service management as key to cloud computing era of software deployment as ISVs' roles expand beyond just building applications to assuring uptime and performanceBEDFORD, Mass., Dec 09, 2009 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading software infrastructure provider that enables enterprises to be operationally responsive, announced today that business application visibility is a key focus of the enhancements within the newest version of Progress(R) OpenEdge(R)(shipping in December). The OpenEdge SaaS platform simplifies the development of business applications and with this latest release, eases the delivery of business-critical applications emb...

BEDFORD, Mass.--(BUSINESS WIRE)--Dec. 8, 2009-- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, will hold its quarterly conference call to discuss the company's 2009 fiscal fourth quarter, on Tuesday, December 22, 2009 at 9:00 a.m. Eastern Standard Time. This conference call will be webcast and accessible on the Progress Website at www.progress.com/investors. The call will also be webcast live via Yahoo! (www.yahoo.com), Motley Fool (www.fool.com), Streetevents (www.streetevents.com), TD Waterho...

Capital markets set for radical overhaul, says Progress Software BEDFORD, Mass.--(BUSINESS WIRE)--Dec. 8, 2009-- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, has warned that the capital markets landscape is set for radical transformation brought about by increased regulation and the adoption of technology in new areas. “In the aftermath of the economic crisis and with greater scrutiny placed on financial institutions, 2010 will see a dramatic uptake in the use of technology for regulatory complianc...

Biggest physics project in history turns to Progress® FUSE™ to run systems in the Large Hadron Collider BEDFORD, Mass.--(BUSINESS WIRE)--Dec. 7, 2009-- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced that the European Organization for Nuclear Research (CERN*) is using Progress® FUSE™, to run its operational grid activities of the Large Hadron Collider (LHC) re-launch which happened this month. Progress Software’s FUSE solution will underpin all grid monitoring systems used in CE...

Biggest physics project in history turns to Progress® FUSE™ to run systems in the Large Hadron Collider BEDFORD, Mass.--(BUSINESS WIRE)--Dec. 7, 2009-- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced that the European Organization for Nuclear Research (CERN*) is using Progress® FUSE™, to run its operational grid activities of the Large Hadron Collider (LHC) re-launch which happened this month. Progress Software’s FUSE solution will underpin all grid monitoring systems used in CE...

Biggest physics project in history turns to Progress® FUSE™ to run systems in the Large Hadron Collider BEDFORD, Mass.--(BUSINESS WIRE)--Dec. 7, 2009-- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced that the European Organization for Nuclear Research (CERN*) is using Progress® FUSE™, to run its operational grid activities of the Large Hadron Collider (LHC) re-launch which happened this month. Progress Software’s FUSE solution will underpin all grid monitoring systems used in CE...

Biggest physics project in history turns to Progress(R) FUSE(TM) to run systems in the Large Hadron ColliderBEDFORD, Mass., Dec 07, 2009 (BUSINESS WIRE) -- Progress Software Corporation (NASDAQ: PRGS), a leading independent enterprise software provider that enables companies to be operationally responsive, today announced that the European Organization for Nuclear Research (CERN*) is using Progress(R) FUSE(TM), to run its operational grid activities of the Large Hadron Collider (LHC) re-launch which happened this month. Progress Software's FUSE solution will underpin all grid monitoring systems used in CERN's quest to find the Higgs Bo...