Press Release

BEDFORD, Mass.--(BUSINESS WIRE)--Jul. 7, 2009-- Progress Software Corporation (NASDAQ: PRGS), a global provider of leading application infrastructure software to develop, deploy, integrate and manage business applications, today announced that Dr. John Bates has delivered a keynote address on the “Lessons for the Future of Event Processing” at the Distributed Event-Based Systems (DEBS) conference in Nashville, TN at Vanderbilt University.

During this keynote presentation, Dr. Bates discussed the lessons learned in the event processing industry, the current state of the market and where the industry is going in the next five years.

• When: Tuesday, July 7, 2009
• Where: http://debs09.isis.vanderbilt.edu/keynotes1.php
• Why: CEP has proven itself for algorithmic trading and other forms of automated trading systems. In this keynote session, you will hear Dr. Bates’ perspective on where the industry is going in the next five years. The presentation will also address the question of whether the full vision of event processing created in academia has been realized or is yet to come.
• Who: Speakers included Dr. John Bates, founder and general manager, Apama division of Progress Software.

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.

Progress is a registered trademark of Progress Software Corporation in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners.

Source: Progress Software Corporation

Progress Software
Lisa Coulouris, + 1 781 280 4995
lcoulour@progress.com
or
LEWIS PR
Melissa Schulz, +1 646-649-5641
progress@lewispr.com