Press Release

Progress Software Corporation Announces Fiscal 2008 First Quarter Earnings Conference CallBEDFORD, Mass.--(BUSINESS WIRE)--March 10, 2008--Progress Software Corporation (NASDAQ: PRGS), a global supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, will hold its quarterly conference call to discuss the company's 2008 fiscal first quarter, on Thursday, March 20th, 2008 at 9:00 a.m. Eastern Daylight Time.

This conference call will be Webcast and accessible on the Progress Website at www.progress.com/investors. The call will also be Webcast live via Yahoo (www.yahoo.com), Motley Fool (www.fool.com), Streetevents (www.streetevents.com), TD Waterhouse (www.tdwaterhouse.com) and Fidelity.com (www.fidelity.com). An archived version of the conference call and supporting materials will be available on the Progress Software Investor Relations Website after the live conference call.

About Progress Software Corporation (PRGS):

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.

Progress is a registered trademark of Progress Software Corporation or one of its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks or service marks contained herein are the property of their respective owners.