Progress Software Awarded Best New Product in Billing World & OSS Today 2007 Excellence Awards

BEDFORD, Mass. – April 26, 2007 - Progress Software Corporation (NASDAQ: PRGS), a provider of leading application infrastructure software to develop, deploy, integrate and manage business applications, announced today that Progress® DataXtend® Semantic Integrator™ was recognized as the 2007 Best New Product by Billing World & OSS Today.

The awards panel selected Progress DataXtend Semantic Integrator based on its market uptake and successful execution in supporting telecom service providers with their most critical and complex BSS/OSS (business and operations support systems) integration projects.

"Progress Software's DataXtend software has been recognized as the winner of this year's Best New Product award in recognition of its contribution in addressing the painful challenge of differing data models and semantics in the integration of OSS/BSS systems," said Ed Finegold, Editor-in-Chief for Billing World & OSS Today. "As SOA becomes more important, these semantic issues continue to be troublesome, and DataXtend's ability to enable the TM Forum SID model as a practical tool to lower the 'integration tax' is an important contribution to the industry."

"This award reflects Progress' strength in empowering service providers to integrate new and existing IT systems that support timely and cost effective delivery of next-generation services," said Jeffrey Stamen, Senior Vice President Corporate Development and Strategy at Progress Software. "With DataXtend Semantic Integrator, Progress Software is at the forefront of innovative BSS/OSS products, providing leading technology to meet the needs of our customers and partners."

This is the seventh year that Billing World & OSS Today has presented the Excellence Awards. The winners in each of the six categories were recognized for their outstanding billing and OSS achievements in serving the telecommunications industry.

About Progress Software Corporation
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 or +1-781-280-4000.

Progress and DataXtend are trademarks or registered trademarks of Progress Software Corporation. Any other trademarks or service marks contained herein are the property of their respective owners.