Media Alert: Progress Software’s John Bates To Participate In Event Processing Roundtable Hosted By Aite Group

BEDFORD, Mass., (BUSINESS WIRE)
04-May-2007

The role of Event Processing (EP) in capital markets has grown in recent years with particular acceleration in the algorithmic trading arena. Event Processing is also expanding into a range of applications that include compliance, risk management, and market making, among others.

On Wednesday, May 9, in New York City, Dr John Bates, Founder and Vice President of Apama Products, Progress Software will take part in a roundtable hosted by Brad Bailey, Senior Analyst, Aite Group entitled 'An In-Depth Look at the Practical Application of EP in the Capital Markets'. Participants will discuss the role of Event Processing in a range of applications within capital markets. Bates will be joined by other vendor representatives who, together with end-users, will provide their insights into the role and value of Event Processing technology.

Aite Group Roundtable - NYC, May 9, 8:00 am - 10:00 am
Bayard's
One Hanover Square
New York, NY 10004
www.aitegroup.com

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 Apama are trademarks or registered trademarks of Progress Software Corporation or one of its affiliates or subsidiaries in the U.S. and other countries. Any other trademarks or service marks contained herein are the property of their respective owners.

Contacts:
John Stewart
Progress Software
+1 781-280-4101
jstewart@progress.com

Renske Law / Louisa Excell
Cre8 Results Limited
+44 (0)20 7734 9199
apama@cre8results.com

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