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Washington DC Progress Exchange 4 June 2001 – Two Progress ISVs/ASPs, Matrix Resource
Management and Virtual Supplychain are collaborating to deliver cost-savings through greater integration of plant maintenance, supply chain management and e-procurement applications. Matrix has become a partner in the Virtual Supplychain and has exclusive UK rights to deliver the virtualsupplychain solution to the maintenance and asset management sector, both as an in-house or managed ASP service.

Virtual Supplychain enables and supports a global network of ASP partners for its
virtualsupplychain solution. The solution includes Progress-based supply chain ASP-ready applications including the e-trading portal, relationships with infrastructure partners, first hand ASP know-how with practical guides and advice on topics spanning service level agreements, data centre configuration, pricing models, support and help desk services.

Matrix’s IMPACTxp plant maintenance, Progress-based application, is used extensively by industry to automate plant maintenance schedules and organise the timely provision of materials and spare parts,
as well as to manage assets. Under the strategic partnership agreement, Matrix will be able offer customers immediate, e-business trading services directly from IMPACTxp. Ralph Schofield, managing director of Matrix Resource Management says: “Where IMPACTxp customers want to outsource the provisioning of supplies to meet plant maintenance schedules and take advantage of e-procurement savings, they will be able to automatically call-up Virtual Supplychain’s buy and sell side e-trading portal, directly from the IMPACTxp desktop, as a rental or subscription service. The integration will be seamless.”

“The obvious synergy of applications that adhere to Progress’s Universal Application
Architecture ,” says Mike Dixon, chief executive officer of Virtual Supplychain, “gives the Progress community a huge advantage, over developers using rival tools and database technologies, to collaborate. This is an example of members of the Progress community entering a strategic partnership to speed up the delivery of e-business services to a broader range of vertical markets than they can each reach alone.“

About Matrix Resource Management and Soft Solutions –

Matrix Resource Management is the UK distributor of IMPACTxp a Progress-based software
application developed by UK sister company Soft Solutions. Formed in 1983, Matrix is a leading supplier of maintenance management software in the UK with customers such as Nortel, Linpac, National Exhibition Centre, University of Manchester, BPB and St. Regis Paper. Matrix also enjoys international success through a global network of partners.

About Virtual Supplychain –

Virtual Supplychain supplies next generation business-to-business supply chain management
(SCM) solutions through global channel partners who are focused on meeting the SCM needs of large- and medium-sized enterprises. Virtual Supplychain’s products and services allow companies to create totally open and integrated supply chains, in which information is highly accessible and visible to all parties.

About Progress -

The Progress Company is a global supplier of software technology and services for developing,
deploying, integrating and managing e-business solutions. More than 2000 independent software vendors (ISVs) and application service providers (ASPs) supply annually over $5 billion in Progress®-based applications and related services to over 40,000 organisations across more than 100 countries - including 60% of the Fortune 100. The Progress Company is an operating company of Progress Software Corporation (NASDAQ:PRGS), is headquartered in Bedford,



ASP – the true ASP manages and delivers application functionality to multiple organisations
via a data centre across a wide area network – private or public such as the internet and charges on a usage basis –e.g. per user per month. Performance, reliability and security are all guaranteed by service level agreements.

For further information please contact:

Virtual Supplychain: Mike Dixon chief executive officer or Tom Raynor chief operating officer
T: +44 (0)1482 626350 or T: +44 (0)1642 370326 email: or

Matrix Resource Management: Ralph Schofield, managing director
T: +44 (0)1924 200344 email:

Press enquiries: Salli Roskilly, Saffron Communications
T: +44 (0)1763 208708 F: +44 (0)1763 208813 email:

This press release was distributed by ResponseSource Press Release Wire on behalf of Saffron Communications (Hertfordshire) in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit