Progress Software delivers powerful solution for building Internet transaction processing; WebSpeed product supported by Netscape, Sun Microsystems and Security Dynamics.BEDFORD, Mass.--(BUSINESS WIRE)--Sept. 23, 1996-- Progress Software Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PRGS PRGS Phosphoribosylglycinamide Synthetase ) today announced the immediate availability of WebSpeed 1.0, the first commercially available, open development and deployment environment that enables organizations to quickly and productively build transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. applications on the Internet and corporate intranets. Developers in several dozen companies worldwide are already using WebSpeed to deploy Internet Transaction Processing (ITP ITP - Intent to Package ) applications that connect customers and business partners to corporate databases. WebSpeed applications allow customers to serve themselves; they give direct access to, for example, corporate inventory systems so that customers can check on the availability of certain items without the need of an intermediary customer service person. These "self-service" style applications extend the use of the Internet and corporate intranets to strengthen the on-line link between customers and companies, resulting in more cost-efficient and enhanced service Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; . The WebSpeed solution meets the three key requirements needed for delivering robust ITP applications: it scales dynamically to support expanding volumes of Web activity; it ensures data integrity; and it delivers robust performance. The WebSpeed solution also allows application state to be maintained across multi-page Web transactions, connecting all of the database transactions and program variables throughout a user's request. The open architecture of the WebSpeed solution allows developers to choose the leading technology that best suits their applications and computing environment, including: popular HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. authoring tools, Web browsers The following is a list of web browsers. Historical Historically important browsers In order of release:
"Prior to WebSpeed, corporate Web sites fell short in increasing profits or providing improved service because they typically couldn't allow people to directly access and use the data they needed to complete a business transaction. In addition, the whole application development process was complex and time-consuming, involving a variety of languages and interfaces such as C++, Perl and CGI CGI in full Common Gateway Interface. Specification by which a Web server passes data between itself and an application program. Typically, a Web user will make a request of the Web server, which in turn passes the request to a CGI application program. ," said Joseph Alsop Joseph Wright Alsop V (October 11, 1910 – August 28, 1989) was an American journalist and syndicated newspaper columnist from the 1930s through the 1970s. Alsop was born into a socially prominent family in Avon, Connecticut; the son of Joseph Wright Alsop IV , president of Progress Software Corp. "Now, WebSpeed provides a single, integrated environment for building open and secure transaction-based business applications," Alsop continued. "Companies can use WebSpeed to leverage the Internet's global reach, cost-effectiveness, deployment simplicity and flexibility to interact with their business partners and customers at a whole new level." Atlanta-based Software Technology Corp. (STC STC Supplemental Type Certificate (FAA) STC Society for Technical Communication STC Subject to Change STC Surf the Channel (website) STC Sound Transmission Class STC Singapore Turf Club ) used the WebSpeed solution to help CompCo, a telephone system software company based in Nashville, Tenn., allow its customers to easily and graphically program their telephones via an intranet. STC is a consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in the design and deployment of mission-critical software applications. "The availability of WebSpeed has allowed us to cut development cycles, training times and overall deployment costs, while ensuring unmatched application quality," said STC President Warren Bare. "After experiencing the complexity of other Web development tools on previous client projects, we were impressed with the overall ease-of-use and depth of capabilities that WebSpeed provides. Within only a few hours of having the tool, we were able to begin writing the application." Secure Transactions To protect the security of Web-based transactions, the WebSpeed solution supports multiple levels of password protection and other forms of secure identifications generated at the Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. or by a Web server. To ensure state-of-the-art security for WebSpeed transactions, Progress Software also announced a joint marketing and development partnership with Security Dynamics Technologies, Inc. of Bedford, Mass., a recognized leader in protecting and managing access to computer-based information resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. . The two companies will work together to more tightly integrate the WebSpeed solution and Security Dynamics' ACE/Server and SecurID technologies. (For more information, refer to the "Progress Software and Security Dynamics Announce Strategic Web Security Partnership" press release, Sept. 23, 1996.) Partners Laud WebSpeed Product Progress Software partners Netscape Communications and Sun Microsystems also cited support for the WebSpeed product announcement. "Together, WebSpeed's robust development and deployment environment and the Netscape SuiteSpot family of server software provide an open, integrated framework for companies engaged in rapid development of electronic commerce applications," said Srivats Sampath, vice president of Server, Platforms and Applications Product Marketing at Netscape Communications. Sun Microsystems Vice President of Strategy and Business Development Mark Tolliver commented that "WebSpeed augments Sun's Java application execution environment and Solaris with a proven 4GL for the Internet." WebSpeed Overview The WebSpeed solution consists of two products: -- WebSpeed Workshop - a powerful set of development tools which utilizes Progress Software's proven and productive 4GL scripting language to build data-driven, transaction-based Web objects. -- WebSpeed Transaction Server - a robust and scaleable Web-based deployment engine that executes Web objects, performs complex database transactions and dynamically merges data into HTML pages. It provides a robust, transaction processing environment that protects database transactions, even when Internet connections are lost. The powerful 4GL scripting language and productive development environment provided by the WebSpeed solution help organizations to efficiently build, deploy and maintain applications. With simplified 4GL coding, organizations also can re-use objects to accelerate the development process. This capability results in a more cost-effective and market- responsive approach to building applications, in which companies can quickly address market needs and opportunities. Pricing WebSpeed Workshop is available on Microsoft Windows 95 and Windows NT and is priced at $499 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. per developer. WebSpeed Transaction Server is available on Microsoft Windows NT, Sun Solaris (SPARC (Scalable Performance ARChitecture) A family of RISC CPUs from Sun that runs mostly under Sun's Solaris, but also under Linux and BSD operating systems. After development began in the mid-1980s by David Patterson of the University of California at Berkeley and Bill ) and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) AIX (Advanced Interactive eXecutive) IBM's Unix-based operating system which runs on its Intellistation workstations and pSeries, p5, iSeries and i5 server families. . Pricing starts at $22,500 USD. About Progress Software Corp. Progress Software Corp. (NASDAQ: PRGS), headquartered in Bedford, Mass., is a leading supplier of application development and deployment software which it markets to business, government and industry worldwide. The company's new WebSpeed product enables the rapid development and deployment of robust business applications so that customers, partners and vendors can access corporate databases to conduct Internet- or intranet-based business transactions. The PROGRESS product line enables developers to rapidly and economically build and deploy enterprise-class client/server applications for PROGRESS, Oracle, Sybase, Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. , DB2/400 and ODBC (Open DataBase Connectivity) A database programming interface from Microsoft that provides a common language for Windows applications to access databases on a network. databases. Progress Software's product lines are sold directly to IS organizations and through more than 2,300 Application Partners (VARs), who offer thousands of applications to a wide variety of industries. These Application Partners sold more than $1.5 billion worth of PROGRESS-based applications globally in 1995. Progress Software markets and supports its products in more than 60 countries through a network of 20 subsidiaries and 30 distributors throughout Europe, Australia, Africa, the Middle East, Latin America and Asia. For more information about Progress Software's products and services, visit the Progress Software home page at http://www.progress.com. -0- PROGRESS is a registered trademark and WebSpeed is a trademark of Progress Software Corporation. All other products and company names mentioned herein may be trademarks or registered trademarks of their respective companies. CONTACT: Progress Software Corp. Liza Hayman, 617/280-4697 hayman@bedford.progress.com or Miller/Shandwick Technologies Stacia Anson/Kevin Rudden, 617/536-0470 sanson@miller.shandwick.com krudden@miller.shandwick.com |
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