Progress DataDirect Extends Support for Transportation and Logistics Industry With Latest Release of Its Data Integration Suite

BEDFORD, MA--(Marketwire - 10/19/09) - Progress Software Corporation (NASDAQ:PRGS - News), announces the latest release of the Progress� DataDirect� Data Integration Suite featuring updated support for industry standards and new features for automating and simplifying Electronic Data Interchange (EDI) processing for a variety of commercial industries. Now included in release 5.0 of the DataDirect Data Integration Suite is conformity with the latest standard for cargo data-exchange automation developed by the International Air Transport Association (IATA), its member airlines and the Air Transport Association of America (ATA). Designed to meet the data transformation and aggregation needs of developers, the DataDirect Data Integration Suite contains XML-component technologies for data integration and service-oriented environments including DataDirect XQuery�, ...
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Progress Software Announces Availability of Apama 4.2 Event Processing Platform

BEDFORD, Mass.--(BUSINESS WIRE)--Progress Software Corporation (NASDAQ: PRGS - News), a leading software provider that enables enterprises to be operationally responsive, today announced the availability of the Progress® Apama® 4.2 Event Processing Platform. The Apama 4.2 release extends the capabilities of the previously announced Apama Parallel Correlator, and introduces significant new developer productivity features that accelerate the deployment of event processing applications. The Apama Parallel Correlator leverages multi-core, multi-processor hardware to deliver high throughput, low latency execution that has achieved seven-fold performance improve...
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Progress Software CFO Bud Robertson to Present Company Financials at TechAmerica AeA Classic Financial Conference

BEDFORD, Mass.--(BUSINESS WIRE)--Progress Software Corporation (NASDAQ: PRGS - News For background information about Progress Software’s financial performance, please refer to the most recent quarterly earnings announcement. This release and other information relevant to investors can be found at the following URL: www.progress.com/investors.Norman (Bud) Robertson, senior vice president, Finance and Administration, and chief financial officer, is responsible for all financial operations and investor relations for the company, as well as administrative functions including human resources, legal, production and distribution, and facilities. Robertson joined Progress Software i...
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PROGRESS SOFTWARE CORP /MA Files SEC form 8-K/A, Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 30, 2009, Progress Software Corporation (the "Company") filed a Current Report on Form 8-K (the "8-K") with respect to a press release it issued announcing that Richard D. Reidy had been appointed President and Chief Executive Officer of the Company. On May 18, 2009, the Company filed an amendment to the 8-K for the purpose of disclosing certain changes to Mr. Reidy's compensation made in connection with his appointment, which changes were contained in an employment letter entered into by the Company with Mr. Reidy. Among the changes contained in the employment letter was the agreement of the Company to enter into a severance agreement with Mr. Reidy, the terms of which had not yet been determined as of the date of the filing of the amended 8-K. The Company is filing this additional amendment to the 8-K for the purpose of disclosing the terms of this severance agreement as well as the Amended and Restated Employment Retention and Motivation Agreement entered into by the Company with Mr. Reidy, as described below. Severance Agreement On October 13, 2009, the Company and Mr. Reidy entered into a Severance Agreement (the "Severance Agreement") providing Mr. Reidy with certain payments and benefits upon an Involuntary Termination (as defined in the Severance Agreement) of Mr. Reidy's employment with the Company in those circumstances in which Mr. Reidy's Employee Retention and Motivation Agreement is not otherwise applicable. Mr. Reidy's Employee Retention and Motivation Agreement, which, as described below, was amended and restated on October 13, 2009 (the "Amended ERMA"), provides for certain payments and benefits upon a Change in Control of the Company and upon an Involuntary Termination of Mr. Reidy's employment within twelve months thereafter. In the event an Involuntary Termina...
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Alphameric Beats the Odds with Progress Software

BEDFORD, Mass.--(BUSINESS WIRE)--Progress Software Corporation (NASDAQ: PRGS - News), a leading software provider that enables enterprises to be operationally responsive, announced that Alphameric Solutions Ltd, the leading solutions provider to the gaming industry, has selected the Progress® Sonic® ESB product to revolutionize the way it handles content and messages across its network. Relying on highly complex and automated processes to deliver odds, prices, race information and documents across a distributed architecture – most needing to be handled in a sub-hundred millisecond timeframe – Alphameric needed a simpler way to incorporate new or updated information in real-time.With a high number of translators needed to convert the information from the central Alphameric database into usable formats for shop-based sales systems as well as central display and e-commerce systems, a new or modified feed meant development work was required to incorporate it into the network.With Sonic ESB technology, the addition o...
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Progress DataDirect Announces Advanced Wire Protocol Driver for Microsoft SQL Server

BEDFORD, MA--(Marketwire - 11/02/09) - Progress Software Corporation (NASDAQ:PRGS - News), a leading software provider that enables enterprises to be operationally responsive, today announced the availability of its enhanced Progress� DataDirect Connect� for ODBC database driver for Microsoft SQL Server. The Microsoft SQL Server native wire protocol driver, which is available in version 6.0 of the DataDirect Connect line of ODBC drivers, includes new innovations intended to streamline application development, boost performance and reduce deployment and maintenance costs. The Progress DataDirect driver for Microsoft SQL Server simultaneously supports all versions of the popular database and applications running on Unix, Linux and Windows. New performance and enterprise-class features have been shown to increase throughput performance by 35 percent with 75 percent greater Central Processing Unit (CPU) efficiency than with previous versions of the Progress DataDirect driver. Performance testing also shows significant improvements in response time, throughput and scalability of database appl...
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match2blue Stands Out from the Crowd with Apama

BEDFORD, Mass.--(BUSINESS WIRE)--Progress Software Corporation (NASDAQ: PRGS - News), a leading software provider that enables enterprises to be operationally responsive, has announced that match2blue, an enterprise platform enabler for mobile solutions, has selected the Progress® Apama® Business Event Processing (BEP) platform to empower its social networking platform with real-time information on location, ideas, news and trends. The Progress Apama BEP platform will form a crucial part of match2blue’s back-end infrastructure, providing the performance and scalability, as well as enabling its business partners, who will be operating the location-based services to control and monitor their operations throug...
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Progress Software Drives Innovation and Operational Responsiveness at WIN For Next Generation Mobile Messaging Services Platform

BEDFORD, Mass.--(BUSINESS WIRE)--Progress Software Corporation (NASDAQ: PRGS - News), a leading software provider that enables enterprises to be operationally responsive, today announced that WIN®® ESB product for its Next Generation Messaging Platform (NGMP). WIN conducted a review of its technology infrastructure and the changing demands of its user base. WIN then looked for a solution with its technology partner, Tech Mahindra, that would improve the performance of its platform and create the flexibility required to speed up time-to-market for mobile services.Rapid change in the mobile sector is driving consumer demand for innovative multimedia and high-bandwidth services. This drove WIN to look at a SOA...
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British Airways selects Progress Software SOA Solutions to upgrade the travel experience

BEDFORD, Mass.--(BUSINESS WIRE)--Progress Software Corporation (NASDAQ: PRGS - News), a leading software provider that enables enterprises to be operationally responsive, has announced that British Airways (BA) will use its portfolio of SOA solutions as a key part of its travel program to upgrade its IT systems. This will extend to the end of 2014 and will revolutionize travel by integrating over 600 different electronic systems and processes involved in getting BA passengers in the air. “With 300 locations around the globe, 25,000 users and more than 250 key applications, BA's goal is to transform the travel experience. The flexibility of the Progress SOA portfolio allows BA to extend the features of its e-commerce site right through to its airports, by allowing greater self-service functionality and 'plug and play' capability,” explained Gordon Penfold, CTO, BA.The result, according to Penfold, is to drive an agile business where rollout is easier, and cost and time are reduced. “The airport environment is complex and th...
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