Progress Software Corporation CFO Bud Robertson to Present At Nedham & Co. Growth Conference.Business/Technology Editors BEDFORD, Mass.--(BUSINESS WIRE)--Jan. 8, 2002 Progress Software Corporation (Nasdaq:PRGS PRGS Phosphoribosylglycinamide Synthetase ), a leading supplier of technology for building e-business solutions, today announced that its chief financial officer, Bud Robertson, will present at this week's Fourth Annual Needham & Co. Growth Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Robertson will discuss Progress Software's 2002 business plans and Nat Boughton, vice president of global marketing for the company's Sonic Software operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon , will discuss how Sonic experienced 200 percent year-over-year revenue growth in 2001 and is projected to double revenues year-over-year in 2002. Following are details for attending Robertson's presentation: 3:00 p.m. Thursday, Jan. 10, 2002 The Fourth Annual Needham & Co. Growth Conference "Holmes 2" Conference Room The New York Palace
455 Madison Avenue New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY http://www.needhamco.com/ Following the conference, Progress Software will post Robertson's presentation on the "Investors and Press" section of the company's Web site, www.progress.com. About Progress Software Corporation Founded in 1981, Progress Software Corporation, or PSC (Public Service Commission) Same as PUC. (Nasdaq: PRGS) is the parent organization for the Progress Company operating unit, Sonic Software Corporation, and NuSphere Corporation. PSC provides industry-leading technologies for all aspects of e-business development, deployment, integration and management. Progress Software Corporation is headquartered in Bedford, MA., and can be reached at +1-781-280-4000 or on the Web at www.progress.com. Progress, Fathom, ASPen, and OpenEdge are trademarks, service marks, or registered trademarks of Progress Software Corporation in the U.S. and other countries. SonicMQ and SonicXQ are trademarks or registered trademarks of Sonic Software Corporation in the U.S. and other countries. Any other trademarks or service marks contained herein are the property of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Except for the historical information and discussions contained herein, statements contained in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including but not limited to the following: the receipt and shipment of new orders, the timely release of enhancements to the company's products, the growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. of certain market segments, the positioning of the company's products in those market segments, market acceptance of the application service provider distribution model, variations in the demand for customer service and technical support, pricing pressures and the competitive environment in the software industry, business and consumer use of the Internet, and the company's ability to penetrate international markets and manage its international operations. The company undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with the company's business, please refer to the company's filings with the Securities and Exchange Commission. |
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