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Progress Software Set to Expand Presence in Asia Pacific

In his 2006 Asia Progress Kickoff Seminar keynote speech, Joseph Alsop, CEO & co-founder of Progress Software, outlined Progress' global strategy in view of the recent acquisitions. According to Alsop, Progress has extended the breadth of the Progress offering in the last few years by a series of acquisitions to round out the company's product offerings. The acquisitions of the Persistence and Apama companies brought even more capabilities to the suite of products offered through the RealTime division. Next came EasyAsk, a software that provides the search, navigation and merchandising unctions on the web sites of some of the world's premier retailers and manufacturers.
Last month, Progress announced the completion of tender offer for NEON Systems, a leader in mainframe data access and SOA integration. The NEON products will broaden the reach of the DataDirect
products to extend data connectivity into the large enterprise through the mainframe.

During the seminar, the Asian plans and visions was presented by Mr Larry DiLoreto, Vice-President Asia Pacific. DiLoreto reports a sterling performance by Progress in Asia for 2005. Progress Asia
exceeded revenue and earning goals in 2005, and greater than 60% of the distributors in Asia experienced double digit year over year growth.


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