Progress Software Names Chris Perkins Chief Financial Officer Effective February 1, 2013

  Progress Software Names Chris Perkins Chief Financial Officer Effective
  February 1, 2013

Business Wire

BEDFORD, Mass. -- January 2, 2013

Progress Software Corporation (NASDAQ: PRGS), a global software company that
simplifies and enables the development, deployment and management of business
applications, announced today the appointment of Chris E. Perkins to serve as
its Senior Vice President, Finance & Administration and Chief Financial
Officer (CFO), effective February 1, 2013. As CFO, Perkins will be a member of
the company's executive leadership team, reporting to Phil Pead, President and
Chief Executive Officer, and will oversee the company’s global finance and
accounting operations. Upon appointment as CFO, Mr. Perkins will replace
Melissa H. Cruz, who previously informed the company of her intention to
retire, although Ms. Cruz will remain with the company for a limited period of
time thereafter to assist with the transition.

Mr. Perkins is an experienced technology industry executive with global
experience and operational responsibilities across finance, corporate
development, investor relations, human resources and information technology
for publicly traded software companies. Prior to joining Progress, he served
as CFO at Eclipsys Corporation, and Per-Se Technologies. At both Per-Se and at
Emageon, Inc., Mr. Perkins also served as the Chief Operating Officer. He
began his career at Arthur Andersen.

"We are very excited to add Chris’s operational and financial acumen to the
company's executive team," said Mr. Pead. "I’ve known and worked with Chris
for some time, and he brings an impressive mix of leadership, financial
management skills, and broad operational experience that will be invaluable as
we continue to transform Progress in 2013.”

Mr. Pead added, “Additionally, I would like to thank Melissa Cruz for her
dedication and hard work during her time here. We all wish her well in all her
future endeavors.”

About Progress Software Corporation

Progress Software Corporation (NASDAQ: PRGS) is a global software company that
simplifies and enables the development, deployment and management of business
applications on-premise or on any Cloud, on any platform and on any device
with minimal IT complexity and low total cost of ownership. Progress Software
can be reached at www.progress.com or 1-781-280-4000.

Progress and Progress Software are trademarks or registered trademarks of
Progress Software Corporation and/or its subsidiaries or affiliates in the
U.S. and other countries. Any other names contained herein may be trademarks
of their respective owners.

Contact:

Investor Contact:
Progress Software
Tom Barth, +1 781-280-4135
tobarth@progress.com
Twitter: @progresssw
or
Press Contact:
Progress Software
Rick Lacroix, +1 781-280-4604
rlacroix@progress.com