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Fighting fraud in real time

South China Morning Post

Hong Kong29 Apr 2008 — John Bates, co-founder of Progress Apama, talks about how Progress Apama helps financial institutions fight white-collar crime and fraud in a video interview with South China Morning Post. Progress Apama real-time market surveillance system has been adopted by many leading European investment banks and the Financial Service Authority in Britain. In Asia, it has had a presence in Hong Kong and Singapore since 2006.

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About Progress Software

Progress Software Corporation (NASDAQ: PRGS) provides application infrastructure software for the development, deployment, integration and management of business applications. Our goal is to maximize the benefits of information technology while minimizing its complexity and total cost of ownership. Progress can be reached at www.progress.com/asia.

Press Contacts:

Jezmynn Koh
Progress Software
Telephone: (65) 6303 5013
Email: jkoh@progress.com