Leading Canadian Commodity Trader Sees 300% Business Growth Through Progress OpenEdge-Based Technology.

BEDFORD, Mass. -- Progress Software Application Partner, Progressive Software, Helps Saskcan Pulse Trading Simplify Business Processes with Direct Impact To Their Bottom-Line

Progress Software Corporation (Nasdaq: PRGS), a global supplier of application infrastructure used to simplify and accelerate the development, deployment, integration and management of business applications, today announced Saskcan Pulse Trading (SPT), one of the world's largest exporters of red lentils, has deployed ProSoft XP from Progressive Software, a Progress Software Application Partner (AP) and leading agricultural business software provider in Canada. ProSoft XP has helped the Canadian startup dramatically grow its business by 300 percent.

Based on the Progress(R) OpenEdge(TM) platform, and building on Progressive Software's 30 years of industry experience, ProSoft XP offers enterprise-level solutions for commodity traders, seed processors, feed manufacturing and agronomy operations. ProSoft XP reduces risk and enhances productivity by integrating accounting, logistics, and production processes, giving users a clear view into their business, and the ability to quickly react to market changes as they arise. Users can track inventory shipping and receiving, warehouse transfers, position reports, deal with credit and futures management and track financial performance such as profit by shipment, trader profitability and consolidated financial statements.

"There are numerous challenges to overcome when dealing with commodities," says Lori Ireland, chief financial officer at Saskcan Pulse Trading. "We deal with contract growers, multiple currencies, transportation, product ownership, customs and worldwide competition. We are a global company that has to take into account local tastes and preferences that impact our processing and quality control. Our primary goal is to give our customers what they want when they want it, while increasing our own profitability. Many of the applications we looked at would take some of this into account or were offering us too many unnecessary cosmetic features. Saskcan Pulse Trading is running a growing commodities business without an IT department, making it essential that the application run itself while supporting our business."

Ireland, a veteran of the agri-industry, knew how a bad application choice could slow down the productivity of her staff and become a reporting and compliance nightmare. After looking at several options she selected OpenEdge-based ProSoft XP. "We selected ProSoft XP because it was so well tailored to our specific market and understood many of the different tangents that affect the agri-industry. We can coordinate crop with contract price, project yields and profit, map everything to the buyer's schedule and make sure we account for every potential risk along the way."

"ProSoft XP has grown with SPT without the need for a lot of custom enhancements, but when they are needed, the application is flexible enough to accommodate them thanks to its OpenEdge roots," said Robert Courteaux, president of Progressive Software. "SPT is a perfect example of a company that truly understands the complexities of its industry and they need technologies that also understand those complexities, while offering them the room to grow. With the Progress OpenEdge platform, we can give them a great out-of-the-box experience and a self-administering database, allowing SPT to spend their time monitoring the business, not IT resources."

Since its inception in 2001, SPT has grown from a start-up business to one of the world's leading supplier of lentils, moving 150,000 metric tons of product a year. Through its unique partnership with growers, local governments and value-add services such as peeling and splitting of the lentils, SPT has garnered several awards, including Saskatchewan Business of the Year 2004, Saskatchewan' Exporter of the Year 2004 and an Ernst & Young entrepreneurial award.

Today SPT has three state-of-the-art production facilities that provide five production lines for cleaning, sizing, splitting, color-sorting and packaging a full line of lentil, chickpea, pea, mustard and canary seed products with over 175,000 metric ton annual capacity. From 2004-5, the company shipped its products to customers in 62 countries in all corners of the world. The company expects that by 2007 they will grow an additional 30 percent, with no doubt that ProSoft will continue to grow with them.

About Progressive Software International

Progressive Software International is Canada's leading agri-industry business information system company. Providing software solutions since 1974, Progressive specializes in providing technology and services to Commodity Trading and Processing, Feed Manufacturing and Retail Agronomy operations.

For more information about Progressive Software please visit www.agripros.com or call 1-519-969-9943.

About Progress Software Corporation

Progress Software Corporation (Nasdaq: PRGS) is a global industry leader providing application infrastructure software for all aspects of the development, deployment, integration and management of business applications through its operating units: Progress OpenEdge Division, Sonic Software, DataDirect Technologies, and Progress Real Time Division. Headquartered in Bedford, Mass., Progress can be reached at www.progress.com or [phone].

Progress, OpenEdge, and Progress OpenEdge are registered trademarks of Progress Software Corporation in the U.S. and other countries. Any other trademarks or service marks contained herein are the property of their respective owners.