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PROGRESS SOFTWARE:

- acquires Allegrix to accelerate ASP deployments

- announces OpenEdge™ for building business applications that take advantage of the Internet

- previews new Fathom product line

- introduces the Progress Software Developers Network


June 4-6 Washington - The Progress Company announced the acquisition of Allegrix and the significant development of its e-business technology and Universal Application Architecture with the introduction of OpenEdge at its Washington Exchange worldwide user conference. It also previewed a new product line, code-named Fathom and announced plans to introduce the Progress Software Developers Network later this year.

Allegrix acquisition to accelerate ASP deployments.

The Progress Company has acquired Allegrix, a full service ASP Infrastructure Provider
headquartered in Santa Clara, California. The acquisition significantly extends the Progress Company’s ASPenSM (ASP Enablement) program and initiatives for Independent Software Vendors (ISVs) by providing a full range of ASP acceleration services. The terms of the acquisition are undisclosed.

“With this acquisition, Progress extends the original ASPen Program vision of empowering the
ISV, to provide the ideal global ASP deployment platform for all packaged application vendors and subscribing end users,” said Dave Ireland, president of the Progress Company

Allegrix will continue to provide managed hosting services for packaged application vendors
on Windows, Unix and Linux platforms by maintaining and extending existing relationships and certifications with companies such as Great Plains, Microsoft, and IBM. In addition, the ASPen program will be enhanced with Allegrix’s ASP acceleration services to offer hosting, partner demonstration facilities, virtual development environments and education services.

Allegrix will become the deployment services of the ASPen Program. Chris Clabaugh, Allegrix’s
president and chief executive officer will serve as a vice president of the Progress Company, responsible for deployment, including infrastructure contracts, education and tech support for ISV customers’ applications. Both Progress and Allegrix have focused on developing Service Level Agreements (SLAs) that embody best practices for out-hosted and co-located applications.

OpenEdge™ for building business applications that take advantage of the Internet.

Progress also announced the OpenEdge™ e-Business Platform, a comprehensive suite of Progress®
products for building and integrating next generation e-business applications.

OpenEdge reflects Progress’ continued commitment to providing technology for building
FutureProof™ applications, following the principles of the Progress Universal Application Architecture (UAA) to deliver standards based, open applications. OpenEdge integrates new tools, such as those from the Internet Component Framework (ICF) (see April 3, 2001 press release at
http://www.progress.com/releases/2001/040301.htm )open source initiative with proven Progress® products, including the RDBMS, WebSpeed®, WebClient™, and AppServer™. These are now offered with a robust message-oriented backbone, SonicMQ™, which allows for fast, flexible, and scalable message-based integration over the Internet or within an enterprise. The OpenEdge Platform allows for emerging business applications to be integrated easily using SonicMQ, XML, and the Progress
4GL.

Peter Sliwkowski, vice president of Progress Products, said: “Anything our customers can imagine, whether it’s building a brand-new e-business application, moving an existing back-office application to the Web, or integrating their suppliers, trading partners, and customers, they can build it with
Progress. OpenEdge is the only platform that is tightly integrated with a single technology, the Progress 4GL, giving our customers a highly productive and reliable development environment.”

“With OpenEdge, Progress has assembled the key pieces of a comprehensive platform for building e-business applications,” said Steve Garone, program vice president, application development &
deployment at IDC. “The strength of Progress’ database, coupled with a strong, standards-based messaging infrastructure and a new development framework, provide serious application developers with a strong technology foundation for sophisticated Web-enabled and ASP-enabled applications.”

Fathom™ to focus on operational effectiveness for Progress solutions.

Progress made first mention of its plans to launch a new product line called Progress
Fathom™. Fathom is an application management solution for centrally monitoring and managing Progress-based applications and their components. This new product will improve efficiency of system operations, provide proactive monitoring to ensure high availability, and enable systems trend analysis for better resource planning—all essential when running e-business applications.

PSDN to offer integrated service, support & product updates for developers.
The Progress Software Developers Network (PSDN), a new subscription service for independent
software vendors (ISVs) and end-user developers, will be available at the end of this year. PSDN will provide application developers with products, training, support, and marketing programs that will help them get to market faster using the appropriate FutureProof technology and best practice methods. It will also become the primary delivery mechanism for the Progress Company’s development products. Participants will receive a single, complete set of development products as part of their yearly subscription fee, early release software, access to key information and technical support.

- ends -

About the Progress Company

The Progress Company is a global supplier of software technology and services for developing,
deploying, integrating and managing e-business solutions. Products include application development
tools, application servers, the leading e-business messaging server SonicMQ, and the industry's most widely used, lowest-cost-of-ownership embedded database.

The Progress Company's partners include more than 2000 independent software vendors (ISVs)
and application service providers (ASPs) who supply annually over $5 billion in Progress®-based applications and related services. Over 40,000 organisations across more than 100 countries - including 60% of the Fortune 100 - rely on Progress-based applications. The Progress Company, an operating company of Progress Software Corporation (NASDAQ: PRGS), is headquartered in Bedford, Mass., and can be reached at 01753 216300 or on the Web at http://www.progress.com.


Progress is a registered trademark of Progress Software Corporation. SonicMQ and other
products of Progress
Software referenced herein are trademarks of Progress Software Corporation. Java is a
registered trademark of
Sun Microsystems, Inc. in the United States and other countries. All other trademarks
contained herein are the
property of their respective owners

Press enquiries to: Salli Roskilly, Saffron Communications.
T: 44 (0)1763 208708 F: 44 (0)1763 208813 E: salli@saffroncoms.com



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