Progress Software Wins Two ACORD 2009 Accomplishment Awards with DataXtend SI

Innovative Implementation and Early Adopter Awards presented at ACORD LOMA Insurance Systems Forum

BEDFORD, MA
26-May-2009

Progress Software Corporation (NASDAQ: PRGS), a global provider of application infrastructure software used to develop, deploy, integrate and manage business applications, announced today that it garnered two ACORD 2009 Accomplishment Awards at the ACORD LOMA Insurance Systems Forum. The Innovative Implementation and Early Adopter awards recognize the achievements of Progress, through the use of its Progress® DataXtend® Semantic Integrator (SI) product, in the insurance industry. 

Progress was awarded the Innovative Implementation award for its creation of the Progress DataXtend Browser for ACORD. This tool for insurers will enable ACORD members to more easily use and understand the existing ACORD standards with the ability to view and navigate the Property & Casualty/Surety and Life, Annuity & Health XML standards.

Additionally, Progress earned the Early Adopter award for their work in supporting the development of unambiguous mappings between the new ACORD Information Model (IM) and its existing XML standards.  This work was completed using DataXtend SI.

"I congratulate Progress Software not only for their two 2009 ACORD Accomplishment awards, but also for showing the industry how vital ACORD data standards are for improving communication and integration," said John Kellington, senior vice president, ACORD. "Progress continues to show their commitment to ACORD's mission and their dedication to addressing the data needs of the insurance industry through their innovative solutions."

"These awards reflect Progress' strength in empowering carriers to leverage ACORD standards to integrate across IT systems and business partners to deliver timely and cost effective results for the business" said John Petrie, Vice President, Progress Software. "With DataXtend Semantic Integrator, Progress Software is at the forefront of innovative carrier products enabling product innovation and enhanced customer experience by providing leading technology to meet the needs of our customers and partners. We’re honored that ACORD has recognized this mission, alongside our success, in the insurance 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.

Press Contacts:
Judy Mintz
Progress Software
+1 781 280 4286
mintz@progress.com

Rich Young
LEWIS PR
+1 617 226 8842
jprogresssoftware@lewispr.com


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.

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