DataSynapse Selects Progress SonicMQ To Enhance It's Peer-To-Peer Broadband Network.

Business/Technology Editors

BEDFORD, Mass. and NEW YORK--(BUSINESS WIRE)--October 10, 2000

New Distributed Computing Network Uses E-Business Messaging

Infrastructure to Ensure Secure and Reliable Transport

Progress Software Corporation (NASDAQ:PRGS), a leading supplier of technology for building E-business solutions, and DataSynapse, creators of a peer-to-peer platform for distributed computing, today announced that DataSynapse has selected Progress(R) SonicMQ(TM) E-Business Messaging server to be embedded in its distributed peer-to-peer processing platform.

DataSynapse is a pioneer in the innovative concept of peer-to-peer computing. The Company has developed a highly scalable platform for distributing computations across networks of idle processors, enabling a radical reduction in the turnaround-time of complex applications. DataSynapse's unique platform can be implemented through a corporate intranet or over the Internet through a network of 100% broadband PCs.

"In creating a new platform for distributed computing, we needed a scalable messaging architecture that could provide the reliability and security our financial customers demand," said Jamie Bernardin, chief technology officer of DataSynapse. "After reviewing several potential messaging system providers, we found that SonicMQ was the only solution that matched our load balancing and quality of protection requirements."

"DataSynapse is pioneering a new concept in peer-to-peer computing that will have significant impact on enterprise computing," said Dan Potter, vice president of product marketing at Progress Software. "Their selection of SonicMQ demonstrates another tremendously innovative application enabled by the E-Business Messaging features of SonicMQ."

The DataSynapse platform is initially focused on the speed-starved financial services sector, targeting firm-wide risk management, Monte Carlo calculations, scenario simulations, and other readily parallelizable, compute-intensive applications within the financial services sector. DataSynapse's technology platform features Progress Software's SonicMQ E-Business Messaging technology to guarantee the secure, timely delivery of this business-critical data across the Internet.

SonicMQ represents a major evolution over previous generations of messaging products and is widely recognized as the leader in E-Business Messaging, the infrastructure required for the reliable transport of business-critical data over the Internet.

SonicMQ natively supports Internet standards and is based on the Java(TM) Message Service (JMS) specification, which provides a common set of interfaces, messaging concepts and programming strategies. SonicMQ has been chosen by many leading e-commerce companies and has won numerous awards, including Java Pro Magazine's Readers Choice Award for Best Java Messaging Tool, Best Java Middleware from attendees at the SIGS Conference for Java Development, and a World Class Award from Java Developer's Journal.

About DataSynapse

DataSynapse is creating the world's largest, secure peer-to-peer 100% broadband PC network over the Internet. Focusing initially on the financial services sector, DataSynapse harnesses idle PC capacity to distribute complex applications with significant time and cost savings. DataSynapse is the only company focusing its network on broadband PC users and enabling a peer-to-peer platform that can be implemented over the Internet, extranet, or intranet. The company brokers idle PC power and also provides next generation web searching, communications, and collaborative applications that can leverage the collective idle capacity of its broadband network. For more information, visit www.datasynapse.com or call [phone].

About Progress Software

Progress Software Corporation (NASDAQ:PRGS) is a global supplier of software products and services for developing, deploying and managing business applications moving to the Internet. Progress Software Corporation offers messaging servers, application servers, databases, and application development and management products.

Progress Software Corporation's partners include more than 2,000 application service providers (ASPs) and independent software vendors (ISVs) who supply annually over $5 billion in Progress(R)-based applications and related services. Progress Software Corporation's products are used by over 10,000 organizations across 100 countries worldwide, including 60% of Fortune 100 companies. For more information, visit www.progress.com or call [phone].

Progress is a registered trademark and SonicMQ is a trademark of Progress Software Corporation. Java and all Java-based trademarks and logos are trademarks or registered trademarks of Sun Microsystems, Inc. in the U.S. or other countries. All other trademarks and/or servicemarks contained herein are the property of their respective owners.