Progress Software Recognized in SD Times 100 Awards for Fourth Consecutive Year; Progress Included in ''SOA and Integration'' and ''Data and Host Integration'' Categories on Prestigious List of Software Industry Leaders

Business Wire, June 28, 2006

BEDFORD, Mass. -- Progress Software Corporation (Nasdaq: PRGS), a supplier of leading technology to develop, deploy, integrate and manage business applications, has been named in two categories of the annual SD Times 100 awards. Progress was honored in the "SOA and Integration" category for its use of innovative data stream processing to enhance the analysis and reporting of business activity, as well as the "Data and Host Integration" category for the performance and compliance benefits delivered by its implementation of event-stream data processing to help in the analysis of large numbers of transactions. This is the fourth consecutive year Progress has made the SD Times 100 list recognizing the leaders and innovators of the software industry.

"The winners of this year's SD Times 100 awards have demonstrated exceptional leadership in shaping the software development industry," said David Rubinstein, editor-in-chief of SD Times. "We took into account each nominee's products and services, its reputation among development managers and the new ideas it brought out. These select organizations have demonstrated leadership in their markets, through the strength of their products and the technological innovation that drives our industry forward."

Progress Software offers a comprehensive portfolio of innovative products, including Actional(R) SOA and Web service management, Apama(R) event-stream processing, DataDirect(R) data connectivity and mainframe integration, EasyAsk(R) natural language query, DataXtend(R) data integration, ObjectStore(R) object database, the Progress OpenEdge(R) business application platform and the Sonic ESB(R). By simplifying and accelerating the development, deployment, integration and management of business applications, Progress Software makes it possible for organizations to increase the value of their business, reduce IT complexity and decrease their TCO (total cost of ownership).

"Innovations from Progress Software are having a significant impact on our customers around the world and we are pleased that those efforts have been recognized by SD Times," said Jeffrey Stamen, senior vice president, corporate development and strategy, at Progress Software Corporation. "Washington, D.C. uses Sonic ESB technology as an integral part of its crime fighting efforts; Starwood Hotels relies on our ObjectStore technology to keep its online reservation system highly responsive; Bonhams, the world's fastest-growing fine art auction house, redesigned its software architecture with Progress OpenEdge technology; and Boekhandels Group Nederland, the Netherlands leading book retailer combined our OpenEdge, EasyAsk and Apama products with item-level RFID book tagging to create the world's first "Smart Store" and position as itself as a leader in retail automation. These are just a few examples of Progress innovation in action."

The SD Times 100 is the latest honor earned by Progress Software. The company was also recently named one of the most influential technology companies by Intelligent Enterprise, one of the top New England companies by Boston Business Journal and had two customers named to InfoWorld's 2006 CTO 25.

About BZ Media LLC

BZ Media LLC (www.bzmedia.com) is a New York-based media company combining the best of print and Internet publishing with industry-leading technical conferences and expositions. BZ Media's SD Times (www.sdtimes.com) is the twice-monthly newspaper of record for the software development industry. SD Times reaches more than 55,000 subscribers in 131 countries.

About Progress Software Corporation

Progress Software Corporation (Nasdaq: PRGS) is a global leader in application, service and data infrastructure software. Progress has pioneered many recent innovations including the invention of the enterprise service bus with its Sonic ESB(R) product, and the commercial application of event-stream processing with its Apama(R) ESP platform. Progress' broad software portfolio also includes the Progress(R) OpenEdge(R) business application platform, Actional(R) SOA and Web service management, EasyAsk(R) natural language search and query and an unparalleled range of data connectivity and mainframe integration with its DataDirect Technologies(TM) portfolio. For more information about Progress Software, visit www.progress.com/press or 1-781-280-4000.

Progress, Actional, DataDirect, OpenEdge, Sonic ESB, Apama, EasyAsk, DataDirect Connect, Shadow RTE, DataDirect XQuery and Progress OpenEdge are trademarks or registered trademarks of Progress Software Corporation or one of its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks or service marks contained herein are the property of their respective owners.