November 01, 2006 at 08:30 AM EST
DataDirect Technologies Acquires OpenAccess Software

DataDirect Technologies, the unparalleled leader in data connectivity and mainframe integration and an operating company of Progress Software Corporation (Nasdaq: PRGS), today announced its acquisition of OpenAccess Software, Inc., a provider of development toolkits for rapid development of ODBC and JDBC drivers, as well as ADO.NET and OLE DB providers. The terms of the agreement were not disclosed.

The OpenAccess software-development kit (SDK) enables independent software vendors (ISVs) or corporate IT departments to quickly create and embed SQL (Structured Query Language) interfaces to their proprietary applications and data formats unlocking these previously closed data sources for use with industry standard tools from vendors such as Crystal Decisions, Cognos, Microstrategy, and Actuate. The OpenAccess SDK also enables software developers to easily integrate new applications with proprietary or legacy data sources. With the addition of the OpenAccess toolkit to the DataDirect® product family, DataDirect customers can now use industry-standard SQL to access everything from relational databases, to mainframe databases, to proprietary file formats and applications.

The addition of OpenAccess to our portfolio is a tremendous win for our customers, said Rick Reidy, president of DataDirect Technologies. Our customers have often asked us for DataDirect quality access to their specialized or proprietary data sources and application data  now we can offer them a cost effective, rapid means to unlock this data.

DataDirect Technologies has long been the industry leader in standards-based data connectivity, with products covering all major relational databases, operating systems and data access standards. More than 300 ISVs and thousands of corporate IT departments worldwide rely on DataDirect for production-proven database drivers, which deliver the reliability, scalability and performance needed for the most demanding software systems. The technology is backed by award-winning technical support and the industrys most comprehensive test suite.

This acquisition will bring tremendous value to the customers of both companies, said Dipak Patel of OpenAccess Software Inc. As part of DataDirect, OpenAccess customers will see increased investment in our technology and continued excellence in customer support as our team joins DataDirects award-winning support organization. DataDirect customers will be afforded standards-based data access to previously landlocked data sources with significantly reduced engineering and financial commitment.

About DataDirect Technologies

DataDirect Technologies is the software industrys only comprehensive provider of software for connecting the worlds most critical business applications to data and services, running on any platform, using proven and emerging standards. Developers worldwide depend on DataDirect® products to connect their applications to an unparalleled range of data sources using standards-based interfaces such as ODBC, JDBCTM and ADO.NET, XQuery and SOAP. More than 300 leading independent software vendors and thousands of enterprises rely on DataDirect Technologies to simplify and streamline data connectivity for distributed systems and to reduce the complexity of mainframe integration. DataDirect Technologies is an operating company of Progress Software Corporation (Nasdaq: PRGS). For more information, visit www.datadirect.com.

DataDirect is a trademark or registered trademark of DataDirect Technologies Corp. in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here