PROGRESS SOFTWARE GOES THE 20 YEAR DISTANCE – OPENING NASDAQ AS `PROGRESS SOFTWARE DAY' IS PROCLAIMED IN TWO STATES Wednesday 9 January 2002 PDF Print BEDFORD, Mass, January 9, 2002 — Progress Software Corporation (Nasdaq:PRGS), a leading supplier of technology for building e-business solutions, today announced celebratory and promotional activities that marked the company's 20th year as a corporation. Events included opening the Nasdaq trading exchange in New York City (view media clips: http://www.progress.com/psc_investors/media.htm) on December 28th, the last trading day before December 30th, the official day of incorporation for Progress Software Corporation (PSC). This event also marked PSC’s 10th year on the Nasdaq. “It appears that prospering for 20 years in the high tech industry, with 17 consecutive years of profitability, is actually quite a feat,” said CEO Alsop. “More importantly, we are looking forward to the next 20 years. We are excited about our new technologies to address business needs for software tools and technologies that enable companies to leverage trends such as Internet B2B, Web services, new application development and integration, and database replication, and to more easily and successfully use open source software. “Only five high technology companies headquartered in the state of Massachusetts have gone this distance, and Progress Software is unique among these as a global software company that competes with the likes of Oracle, Microsoft and IBM in providing a complete platform for development and deployment,” Alsop added. “We are enthusiastic that our state officials and others in the media are showing a renewed interest in companies that are ‘built to last’.” About Progress Software Corporation Founded in 1981, Progress Software Corporation, or PSC (Nasdaq: PRGS) is the parent organisation for the Progress Company operating unit, Sonic Software Corporation, and NuSphere Corporation. PSC provides industry-leading technologies for all aspects of e-business development, deployment, integration and management. Progress Software Corporation is headquartered in Bedford, MA., and can be reached in the UK at 01753 216300 or on the Web at http://www.progress.com Any trademarks and/or service marks contained herein are the property of their respective owners. -ends- Press enquiries to: Salli Roskilly, Saffron Communications. T: 44 (0)1763 208708 F: 44 (0)1763 208813 E: firstname.lastname@example.org 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 https://pressreleasewire.responsesource.com/about.