Progress launches ASPEN Asia program

Progress Software Corporation has launched Application Service Provider ENablement Asia (ASPEN Asia) Program, to recruit new application developers for 'killer' ASP(Application Service Provider) applications in Singapore.

SINGAPORE - Progress Software Corporation (NASDAQ: PRGS), a supplier of application development, deployment and management products and services, has launched Application Service Provider ENablement Asia (ASPEN Asia) Program, to recruit new application developers for 'killer' ASP applications in Singapore.

220 partners have teamed up with Progress Software, through the ASPEN worldwide program, which together deploy 90 ASP applications, and support 64,200 end users, with numbers increasing everyday.

"There is a shift in market focus from building business applications, buying integrated application suites, to subscribing to internet-based B2B applications," said Christopher Yeo, Managing Director, South Asia, Progress Software Corporation.

"The worldwide ASP service spending in the application rental market is booming and is expected to reach S$11.3 billion in 2003, according to Forrester Research. With the launch of the ASPEN Asia program, Progress aims to allow application developers to capitalise on this business opportunity and offer best of breed applications that are proven and time-tested, yet affordable and easy to use, starting in Singapore and throughout South Asia," said Christopher Yeo.

Dr. Kaizad Heerjee, Assistant Chief Executive, Online Development, Infocomm Development Authority of Singapore(IDA) said, "ASPs offer a quick and low risk path to Internet-enabled services at an affordable and predictable cost to end customers, thus providing easy access and entry to the global e-commerce world. We are pleased with Progress Software's ASPEN Asia program to drive the ASP market in Singapore."

Progress is actively looking for partners to bring to the global market, targeting at local application developers who want to benefit from a technology and business roadmap that clearly paths the way with speed to market and shorter deployment times.

To date, local start-up legal portal, wwLegal.com, using progress software has signed up about 100 law firms or 12.5% of the total number of Singapore law firms in an effort to make a virtual law office delivering legal services online a reality.

About Progress Software
Progress Software Corporation (NASDAQ: PRGS) is a supplier of software products and services for developing, deploying and managing business applications moving to the Internet.

It offers messaging servers, application servers, databases, and application development and management products. Partners include more than 2,000 application service providers (ASPs) and independent software vendors (ISVs) who supply annually over US $5 billion in Progress®-based applications and related services.

About Progress Software in Asia Pacific
Progress Software has been established in the Asia/Pacific region for 10 years. It has around 100 employees and is represented in 15 countries across the region. Its subsidiary offices are located in: Australia, China, Hong Kong, and Singapore.

Its products are marketed by a network of distributors in: India, Indonesia, Korea, Malaysia, New Zealand, Pakistan, Philippines, Sri Lanka, Taiwan and Thailand. Progress's products are used primarily by Independent Software Vendors (ISVs).

In Singapore it works with around 20 ISV and ASP partners who provide solutions in the following application areas: Call Centre/Help Desk Management Systems, Customer Service Management, ERP (Manufacturing), Supply Chain Systems, Treasury Management Systems, and more.