Progress Software India, application infrastructure software providers for the development, deployment, integration and management of business applications, is participating in the two-day NASSCOM Product Conclave & Expo 2009 being conducted at Bangalore.

Progress Software India is also one of the sponsors for the conclave and Mr. Ramesh Loganathan, Managing Director (and Vice President- Products) Progress Software India is a key member of the Program Committee for the conclave. Ramesh is also moderating a panel discussion on “Eco-system for Software product startups”, that will deliberate on what support infrastructure and network can be created to foster, mentor and promote new startups.

NASSCOM Product Conclave which will bring senior executives and industry thought leaders to discuss opportunities, trends and challenges in the Indian product market comes as an apposite platform for Progress Software India which is a leading product company with innovation, creativity and multi product exposure being the driving force.

Exclaiming on the development, Mr. Ramesh Loganathan, Managing Director (and Vice President- Products), Progress Software India, said, “This symposium is reflective of India’s growth on the global stage in the software products development space. As the IT industry rapidly moves up the value chain, the next opportunity wave we will have is the IP, innovation and software products. The convergence of industry leaders, technology thought leaders, VCs and angel investors, accomplished software product entrepreneurs, academia and budding entrepreneurs will provide an impetus to further boosting the eco-system prevailing in the country to provide support for product companies and startups.”

About Progress Software India:

Progress Software Corporation (NASADAQ: PRGS) provides application infrastructure software for the development, deployment, integration and management of business applications. Progress Software Corporation has over 1,600 employees in over 90 countries with around 165 employees in Progress Software India (PSI), and is headquartered in Massachusetts, USA. It has development centers in many countries the second largest being located at Hyderabad, India. Progress Software Corporation builds industry leading Infrastructure Spanning Application Software, SOA and Data Infrastructure. PSI has a major contribution in the development of products which includes: Sonic, Actional, DataXtend, DataDirect, OpenEdge and Apama. For more information, please visit Progress website atwww.progress.com