Progress Positioned as a Visionary in the Magic Quadrant for Enterprise Application Platform as a Service (aPaaS)

  Progress Positioned as a Visionary in the Magic Quadrant for Enterprise
  Application Platform as a Service (aPaaS)

      Evaluation Based on Completeness of Vision and Ability to Execute

Business Wire

BEDFORD, Mass. -- January 14, 2014

Progress (NASDAQ: PRGS), today announced it has been positioned by Gartner,
Inc. in the Visionaries quadrant of the Magic Quadrant for Enterprise
Application Platform as a Service (aPaaS). The Gartner report, authored and
published by Yefim Natis, Massimo Pezzini, Mark Driver, David Mitchell Smith,
Kimihiko Iijima and Ross Altman on January 7, 2014 notes that, “Enterprise
CIOs, IT planners and architects at a growing number of organizations are
turning to the cloud for their new application initiatives.” The Progress^®
Pacific™ platform-as-a-service (PaaS) enables rapid creation and deployment of
data-driven business applications that are unlimited by device or cloud.

According to the report, “Enterprise IT users too are coming to the aPaaS
market in increasing numbers. With the growing adoption of SaaS by mainstream
enterprise business and of IaaS by mainstream enterprise IT, more
organizations have become familiar with the benefits of cloud computing and
more have become dependent on cloud resources. aPaaS is engaged to customize
and extend SaaS. It is also engaged by users that have become comfortable with
the use of IaaS and now wish to increase their productivity and delegate more
responsibility to the cloud service providers by subscribing directly to
application infrastructure.”

“We believe being positioned as a visionary in Gartner’s Magic Quadrant for
enterprise aPaaS reaffirms our strategy of delivering innovative new products
and features that help businesses of all sizes take advantage of the
simplicity and productivity benefits of cloud application development,” said
Phil Pead, President and CEO of Progress. “Businesses around the world are
struggling with resource constraints, increasing time-to-market pressures and
complex technology challenges. Today’s applications require the ability to
integrate multiple SaaS and on-premise data sources, support ever-changing
mobile platforms and have the flexibility to be deployed anywhere. With the
Progress Pacific platform, we are providing both developers and business users
with a multi-dimensional platform that elegantly addresses these challenges,
enabling them to quickly solve problems faster and create market
differentiation.”

For a copy of the report, click here.

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 can be reached atwww.progress.com or 1-781-280-4000.

Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select only
those vendors with the highest ratings. Gartner research publications consist
of the opinions of Gartner's research organization and should not be construed
as statements of fact. Gartner disclaims all warranties, expressed or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.

Progress and Pacific 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.

Contact:

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