NEWS ALERT
BusinessWire, Tuesday, January 14, 1997 at 09:57
BEDFORD, Mass.--(BUSINESS WIRE)--Jan. 14, 1997--Progress Software Corporation, (NASDAQ: PRGS), the leading supplier of enterprise application development tools and services to professional IS organizations, today announced the promotion of David P. Vesty, vice president of international operations to assume responsibility for the company's sales organization worldwide. Vesty will report directly to Joseph W. Alsop, president of Progress Software. In his new position, Vesty will oversee all activities involved with the sale of Progress Software products worldwide, including presales, direct and indirect sales operations and consulting services. The Progress Software product line includes WebSpeed (TM), the first commercially available, open development and deployment environment that lets organizations quickly and productively build transaction processing applications on the Internet and corporate intranets.
Any significance to today's announcement relative to the rumored buyout?
DD |