Progress Software and OpSource Announce Optimal On-Demand Incubator Program for Progress Application Partners

Progress Selects OpSource As Worldwide SaaS Delivery Provider To Ensure The Success Of Progress SaaS Application Partners

BEDFORD, Mass. and SANTA CLARA, Calif.
12-Jun-2007

Progress Software Corporation (NASDAQ: PRGS), a leading provider of application infrastructure software to develop, deploy, integrate and manage applications and OpSource(TM), the SaaS delivery experts, today announced a business alliance that broadens their respective SaaS capabilities by combining award-winning Progress application infrastructure products with a customized on-demand service delivery solution.

OpSource is using the Progress(R) OpenEdge(R) business development platform to create their Optimal On-Demand environment specifically for Progress Application Partners (APs) in order to provide a low cost, reliable solution for SaaS applications. Progress APs will be able to take advantage of proven infrastructure technologies in order to better focus on developing their SaaS applications.

The OpenEdge platform is the first integrated platform optimized for the development and deployment of service-oriented business applications. It isolates developers from the complexities of today's computing environments, allowing them to concentrate on what really matters - creating the business logic of their application.

OpSource On-Demand provides a turnkey, scalable web application delivery solution for software and Web2.0 companies. It includes all of the necessary hardware and network infrastructure, managed services, application management and 24x7 call center operations under the AP's brand with a 100% up-time guarantee.

"We have been a Progress Application Partner for several years, and recently made the transition to SaaS," says Terry Daley, CEO AspSoftware. "We are pleased that Progress and OpSource have developed this partnership; with them working together, I can focus on providing the levels of service required to support the SaaS model and I know that I will have the backing of two companies that are focused on my success, which ultimately will lead to the success of my customers."

With innovative programs and a comprehensive portfolio of products, including: Actional(R) SOA and web service management, the OpenEdge(R) business application platform, and the Sonic ESB(R), Progress improves an ISV's ability to increase the time to value of their business applications and reduce the TCO (total cost-of -ownership), while decreasing the time-to-market to develop SaaS-based business applications.

Colleen Smith, Director of SaaS programs, Progress Software commented: "The alliance with OpSource is one of many that we are building in order to provide our growing SaaS community with a comprehensive set of deployment options. Progress APs from around the world will have the opportunity to benefit from this new relationship with OpSource."

OpSource offers a success-based pricing model to ensure that APs of all sizes pay only for the capacity they need, with that capacity growing automatically in step with their business requirements. This model is similar to the flexible pricing approach offered by Progress in the SaaS partner program.

Treb Ryan, CEO of OpSource, said: "We're excited to support Progress Software's application infrastructure products within the OpSource On-Demand offering. By providing a comprehensive SaaS delivery infrastructure and services platform, we enable Progress' ISV partners, who are part of the most quickly growing SaaS community, to focus their resources on building the best possible products while OpSource delivers their applications and services for them."

About OpSource

OpSource(TM), the SaaS delivery experts, is focused on providing the operational infrastructure and ongoing services that enable software companies, on-demand businesses, and Web application providers to deliver and maintain the highest quality Web-based solutions. By choosing OpSource as a SaaS partner, OpSource customers are freed from infrastructure management and can focus on improving applications and acquiring new customers. The OpSource On-Demand(SM) infrastructure enables businesses to deploy SaaS and Web-based applications quickly, cost effectively, securely, and with high quality standards. Companies at any stage in the application lifecycle, delivering any type of application, can benefit from OpSource's comprehensive services and expertise. OpSource is the only company to offer Success-Based Pricing(SM), a unit-based pricing model that allows businesses to begin with a modest minimum commitment with expenses scaling only when their revenues increase. For more information about OpSource, visit www.opsource.net or 1-800-664-7793.

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, OpenEdge, Actional, Sonic and Progress OpenEdge are trademarks or registered trademarks of Progress Software Corporation in the U.S. and other countries. Any other trademarks or service marks contained herein are the property of their respective owners.

CONTACT: Progress Software
John Stewart, 781-280-4101
jstewart@progress.com
or
OpSource
Richard Dym, 408-567-2031
rdym@opsource.net
or
LEWIS PR
Ian Lipner, 202-349-3866
ianl@lewispr.com

SOURCE: Progress Software Corporation

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