Ingres Named Up and Coming Open Source Company in 2009 "Future of Open Source" Survey

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Mon Mar 30, 2009 8:01am EDT

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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