Progress Software Corporation [PRGS] and Its ObjectStore Division to Open The NASDAQ Stock Market on Wednesday
Progress Software Recently Announced Record Revenues, With the ObjectStore Division Showing 32 Percent Growth
(MARKET WIRE via COMTEX)
28-Dec-2004
What:
Peter G. Sliwkowski, president of ObjectStore, an operating company of Progress Software Corporation (PSC) (NASDAQ: PRGS), and Progress CFO Bud Robertson will preside over NASDAQ opening ceremony.
Where:
NASDAQ MarketSite -- 4 Times Square -- 43rd & Broadway -- Broadcast Studio
When:
Wednesday, December 29, 2004 at 9:30 a.m. EST
Why:
The NASDAQ Stock Market is proud to welcome Progress Software Corporation (PSC) [PRGS] and Peter G. Silwkowski, president of the ObjectStore division of Progress, and Progress CFO Bud Roberston, to the market opening. This marks the fourth year PSC has been invited to open the NASDAQ.
PSC recently announced record revenue, noting that one of its high growth, new operating companies, ObjectStore, grew 32 percent. The ObjectStore division resulted from the PSC acquisition of eXcelon in December 2002. A leader in products for real-time data services, ObjectStore recently announced a major update to its ObjectStore(R) Trading Accelerator(TM), which provides financial trading houses with real-time market data capture, query and management, integrated with historical market data. With its newly available Event Query Language (EQL), ObjectStore Trading Accelerator allows trading houses to apply sophisticated "what-if" scenarios and analytics on incoming data sources, and execute such real-time trading strategies as volume weighted average pricing (VWAP) analysis and program trading.
PSC Fast Facts:
Founded: 1981
Headquarters: Bedford, Massachusetts
NASDAQ listed since July 1991
Ticker symbol: [PRGS]
Feed Information:
The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA-5 C-band/transponder 14. The downlink frequency is 3980 horizontal; audio: 6.2/6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact the NASDAQ Traffic Department at (646) 441-5220.
Photos:
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
About ObjectStore:
ObjectStore is a global provider of real-time data management products. Its products enable corporate data caching and complex event processing, and its leading object database is renowned for performance and scalability. ObjectStore(R) products are supporting RFID implementations, and are deployed in industries such as finance, telecommunications and travel, where companies rely on them to complement their corporate data management infrastructure.
ObjectStore is an operating company of Progress Software Corporation (NASDAQ: PRGS), a $300+ million global software industry leader. Headquartered in Bedford, Mass., ObjectStore can be reached on the Web at http://www.objectstore.net or by phone at +1-781-280-4000.
About Progress Software Corporation [PRGS]:
Progress Software Corporation (NASDAQ: PRGS) is a $300+ million global software industry leader. PSC supplies technologies for all aspects of the development, deployment, integration and management of business applications through its operating companies: Progress Software, Sonic Software Corporation, DataDirect Technologies, ObjectStore and PeerDirect. Headquartered in Bedford, Mass., PSC can be reached on the Web at http://www.progress.com or by phone at +1-781-280-4000.
ObjectStore, ObjectStore Event Engine, ObjectStore Trading Accelerator and Cache-Forward 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.
Contacts:
Progress Software Corporation [PRGS]:
Candace Clemens
781.280.4101
cclemens@progress.com
NASDAQ MarketSite:
Traffic Department
646.441.5220
SOURCE: NASDAQ
