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New Progress OpenEdge Release Ups Developer Speed Fivefold With Automated Business Process and Business Rules Management

  New Progress OpenEdge Release Ups Developer Speed Fivefold With Automated
  Business Process and Business Rules Management

  Dynamic Application Flexibility and Productivity Features Available in New
                          Progress Pacific Platform

Business Wire

BEDFORD, Mass. -- June 12, 2013

Progress Software Corporation (NASDAQ: PRGS) today announced the newest
version of Progress^® OpenEdge^®, its core application development platform
and a key component of its recently announced Pacific™ platform-as-a-service
offering. Progress OpenEdge 11.3 platform brings together leading business
process management (BPM) and business rules management system (BRMS)
capabilities to dramatically streamline business processes and accelerate
developer productivity.

This second major release of OpenEdge software this year integrates existing
BPM features and the Progress Corticon BRMS, resulting in a novel approach
that automates decision processes to reduce application development change
cycles by up to 90%. It enables greater business agility by allowing rapid
tailoring of applications with easily configurable and flexible processes,
rules and workflows.

Key Benefits Include:

  *Ability to explicitly and graphically model workflow/business processes
    without complex coding
  *Ability to implement systems faster and cheaper  by quickly innovating and
    responding to change
  *Easy upgrade and implementation in the cloud or on-premise
  *Improved visibility  into business operations to make better decisions
  *Easy tracking and management  to improve business performance

AKIOMA Software, a highly innovative provider of CRM software, that allows its
clients to quote and deliver proposals with thousands of sub-orders in the
manufacturing space, is using the OpenEdge 11.3 platform to increase
application productivity and agility. The software, built on the Progress
OpenEdge platform, with rules processing by the Progress Corticon product,
automatically checks the quote for conflicts and missing elements. The results
have been an increase in customer advantage by simplifying the complex
process, faster time-to-market and the freedom to modify business rules
without concern or delay.

Supporting Quotes:

Mike Liewehr, managing director, AKIOMA Software: “As an innovative CRM
provider, we help clients assemble complex proposals for large scale
manufacturing projects. AKIOMA is a complex app with a lot of logic. OpenEdge
11.3 gives a double-barreled time advantage. First, our developers are five
times more productive with OpenEdge 11.3 than they are with other platforms,
and second the solution further accelerates the go-to-market cycle by speeding
up the implementation of rules and adding flexibility to the customization
process.”

Liewehr added: “Having just one set of source code makes life easier for us
and our customers. Combining OpenEdge with BPM with Corticon liberates
software developers from implementing business decisions, a benefit to the
customer in terms of cost, flexibility and speed. There is nothing you can’t
do with Progress OpenEdge 11.3.”

Karen Tegan Padir, senior vice president and business line executive,
Application Development for Progress Software: “Traditional hard-coded
applications cannot easily support the culture of fast paced market changes.
Our goal is to give businesses of all sizes more agility through seamless
integration of process and data. The combination of a world-class application
development platform with market-leading BPM & BRMS solutions is a powerful
solution that empowers OpenEdge partners to build business applications that
improve productivity and responsiveness to customers.”

Additional Resources:
Learn more: OpenEdge
Blog Post: Dynamic BPM

About Progress Software Corporation

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

Follow Progress Software on Twitter: @ProgressSW

Progress, Corticon, Pacific, and 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 names contained herein
may be trademarks of their respective owners.

Forward-Looking Statements

This press release contains statements that are “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended. Progress
has identified some of these forward-looking statements with words like
“believe,” “may,” “could,” “would,” “might,” “should,” “expect,” “intend,”
“plan,” “target,” “anticipate” and “continue,” the negative of these words,
other terms of similar meaning or the use of future dates. Forward-looking
statements in this press release include, but are not limited to, statements
regarding the future operation, direction and success of Progress’s business.
There are a number of factors that could cause actual results or future events
to differ materially from those anticipated by the forward-looking statements,
including, without limitation: (1) Progress’ ability to release its product
development initiatives in a timely manner; (2) market acceptance of
Progress’s product development initiatives; (3) pricing pressures and the
competitive environment in the software industry and Platform-as-a-Service
market; (4) Progress’s ability to make technology acquisitions and to realize
the expected benefits and anticipated synergies from such acquisitions; (5)
economic conditions in the U.S. and international economies; (6) business and
consumer use of the Internet and the continuing adoption of Cloud
technologies; (7) the receipt and shipment of new orders; (8) Progress’s
ability to expand its relationships with channel partners and to manage the
interaction of channel partners with its direct sales force; (9) the timely
release of enhancements to Progress’s products and customer acceptance of new
products; (10) the positioning of Progress’s products in its existing and new
markets; (11) variations in the demand for professional services and technical
support; (12) Progress’s ability to penetrate international markets and manage
its international operations; and (13) changes in exchange rates. For further
information regarding risks and uncertainties associated with Progress’s
business, please refer to Progress’s filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the fiscal year ended
November 30, 2012 as amended, and Quarterly Report on Form 10-Q for the fiscal
quarter ended February 28, 2013. Progress undertakes no obligation to update
any forward-looking statements, which speak only as of the date of this press
release

Contact:

Progress Software
Rick Lacroix, +1 781-280-4604
rlacroix@progress.com
or
LEWIS PR
Lillian Dunlap, +1 617-226-8840
progresssoftware@lewispr.com
 
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