Joseph W. Alsop, Co-Founder & CEO of Progress Software Corporation, presides over the Market Open

Wednesday, December 27, 2006
at NASDAQ's MarketSite
in New York City.

Progress Software Corporation
[PRGS]

Joseph W. Alsop, Co-Founder & CEO of Progress Software Corporation, presides over the opening bell to celebrate the Company's 25th anniversary of incorporation.

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, OpenEdge, Sonic ESB and Progress OpenEdge are registered trademarks of Progress Software Corporation or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.

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Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 12/27/2006 Download Hi-Res Quality Photo of this NASDAQ Market Open - Pictured: Joseph W. Alsop, Co-Founder & CEO of Progress Software Corporation, Rings The NASDAQ Stock Market Open Bell. These photos are Copyright 2006, The Nasdaq Stock Market Inc. and available for re-publication by the news media only. Any commercial use is strictly prohibited without the prior written consent of The Nasdaq Stock Market Inc. © Copyright 2006, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.