ADVISORY/Progress Software Corporation CFO Bud Robertson and Sonic Software President Greg O'Connor Present at the AEA Classic Financial Conference.

Business Editors/High-Tech Writers

ADVISORY...for Monday and Tuesday (Nov. 3-4)

AeA Classic 2003

BEDFORD, Mass.--(BUSINESS WIRE)--Oct. 28, 2003

Progress Software Corporation (Nasdaq: PRGS), a supplier of leading technology to develop, deploy, integrate, and manage business applications, today announced that Bud Robertson, chief financial officer of Progress Software (PSC), and Greg O'Connor, president of Sonic Software, an independent operating company of PSC, will present at the AEA Classic Financial Conference. The conference will be taking place in San Diego on November 2-4, 2003.

Robertson will discuss Progress Software's continued quarterly, year-over-year earnings and revenue growth, and O'Connor will outline high-growth opportunities for the enterprise integration and Web services markets that Sonic Software services with its standards-based integration technology.

Following are details for attending this joint presentation:

WHAT:     Co-presentation for investors by PSC CFO Bud Robertson and
          Sonic Software President Greg O'Connor

WHEN:     Monday and Tuesday, November 3-4, 2003, start time:
          8:00 a.m.(PT)

WHERE:    AEA Classic Financial Conference
          Sheraton Hotel & Marina
          1380 Harbor Island Drive
          San Diego, CA 92101-1092

On Monday, November 3 at 2:30 p.m. (PT) a live presentation with supporting materials will be accessible via webcast located on the "Investors & Press" section of the company's Web site, www.progress.com/investors.

About Sonic Software Corporation

Sonic Software provides the first comprehensive business integration suite built on an enterprise service bus (ESB). The Sonic product line delivers a distributed, standards-based, cost-effective, easily managed infrastructure that reliably integrates applications and orchestrates business processes across the extended enterprise.

Sonic is the world's fastest growing integration and middleware company and counts global leaders among over 500 customers in financial services, energy, telecommunications and manufacturing. Sonic is an independent operating company of Progress Software Corporation (Nasdaq: PRGS), a $300 million software industry leader. Headquartered in Bedford, Mass., Sonic Software can be reached on the Web at www.sonicsoftware.com, or by phone at [phone] or 1-866-GET-SONIC.

About Progress Software Corporation

Progress Software Corporation (PSC) (Nasdaq: PRGS) supplies industry-leading technologies for all aspects of the development, deployment, integration and management of business applications. PSC, headquartered in Bedford, MA, operates through the Progress Company, Sonic Software Corporation, and PeerDirect Corporation. PSC can be reached at www.progress.com or [phone].