Ingres Named Up and Coming Open Source Company in 2009 "Future of Open Source" Survey
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Ingres Named Along With Partners Red Hat, Alfresco, and Jaspersoft REDWOOD CITY, Calif. & SAN FRANCISCO--(Business Wire)-- Ingres Corporation, the leading open source database management company and pioneer of The New Economics of IT, announced today that it has been named an up and coming open source companyin the North Bridge Venture Partners` 2009 "Future of Open Source" survey. The survey results were announced at the InfoWorld Open Source Business Conference (OSBC) taking place in San Francisco, Calif. last week and bring to light a variety of significant issues and topics surrounding open source software. Recognized along with Ingres as up-and-comers are Red Hat, Alfresco, Jaspersoft, Sun, Canonical, Acquia, and Novell. The full survey results can be found at http://acquia.com/northbridgesurvey2009. "We are honored to top the list of up-and-coming open source companies," said Roger Burkhardt, CEO of Ingres. "This expert group also identified the database space as the sector most susceptible to disruption over the next five years and supported our vision for a New Economics of IT through their top reasons for open source adoption: lower costs, better security, and freedom from lock in. We will continue to work closely with other open source companies and communities to deliver those essential New Economics in these tough economic times." About OSBC InfoWorld's Open Source Business Conference (OSBC) is the industry's only forum for senior business leaders, C-level technical strategists, lawyers and venture capitalists to collaborate on emerging business models, strategies and profitability for open source software use. OSBC explores the legal, investment, vendor and customer risks, rewards and opportunities presented by open source software. The program will provide content-rich sessions from well-known thought leaders and industry executives on how open source technology is being used and will investigate the business implications of this technology. For additional details, please visit www.osbc.com. About North Bridge Partners North Bridge Venture Partners is an active, early-stage venture capital firm based in Boston, Massachusetts and San Mateo, California, founded in 1994. With approximately $3.1 billion under management, including North Bridge Growth Equity, a growth equity firm that invests in technology middle-market companies, North Bridge Venture Partners focuses on investments in the communications, software, internet, healthcare, and materials technology. Working closely with entrepreneurs, North Bridge adds value by providing strategic guidance, specific industry knowledge, team-building skills and an in-depth understanding of both private and public financings. North Bridge companies represented at OSBC include Acquia, Active Endpoints, Mozes, and rPath. For more information, visit North Bridge's website at www.northbridge.com. About Ingres Corporation Ingres is the leading open source database management company. We are the world`s second largest open source company and the pioneer of The New Economics of IT, providing open source solutions at a dramatically reduced cost than proprietary software vendors. As a leader in The New Economics of IT, Ingres delivers low cost and accelerated innovation to more than 10,000 customers worldwide. For more information, visit www.ingres.com. Ingres is a registered trademark of Ingres Corporation. All other trademarks, trade names, service marks, and logos referenced herein belong to their respective companies. Ingres Corporation Sherry Lowe, 650-587-5544 Corporate Communications sherry.lowe@ingres.com or Atomic PR Allyson Stinchfield, 415-402-0230 allyson@atomicpr.com Copyright Business Wire 2009
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