Press Releases

Propel Software Receives U.S. Department of Commerce Export Achievement Certificate
Awards Recognize Propel Software’s “Extraordinary” Achievement in Bringing Internet Acceleration to Multiple Foreign Markets

SAN JOSE, Calif., January 24, 2006 – Propel Software Corporation (www.propel.com), a market leader in Internet acceleration solutions, has been recognized by the U.S. Congress and Department of Commerce for its achievement in opening foreign markets.

Zoe Lofgren, U.S. Congresswoman for the 16th District, and Keith Hwang, Acting Director, Silicon Valley U.S. Export Assistance Center, the principal federal export agency of the U.S. Commerce Department, today presented Propel with a congressional commendation and the U.S. Department of Commerce’s Export Achievement Certificate. The certificate, awarded in a ceremony at Propel’s San Jose office, recognizes businesses that have used the export services of the Department’s U.S. Commercial Service to enter new foreign markets or to grow their international business.

Since 2004, the U.S. Commerce Department has worked with Propel’s executive team to introduce Propel’s Internet accelerator to developing countries where the prevalence of dial-up Internet access makes the product particularly attractive. Coordinating these efforts through the U.S. Export Assistance Center and its worldwide network of export promotion offices, Propel has already won major accounts in Thailand and Russia.

“Ninety-five percent of the world’s consumers live outside of the United States, and Propel Software is an example of how California businesses are working to increase high tech export sales around the world,” Lofgren said. “American high tech exports support good high-wage jobs here at home while fueling ingenuity and innovation in the world marketplace. I am pleased to recognize Propel Software Corporation with this honor.”

“The expert assistance of the U.S. Commercial Service has been invaluable to our global expansion,” said Steve Kirsch, founder and CEO of Propel. “To enter a new market successfully you need both an in-depth understanding of the national economy and a solid network of local contacts, which is exactly what the U.S. Department of Commerce has offered us.”

Propel Accelerator is an award-winning Internet acceleration product that provides a high-speed experience for users of 802.11 hotspots, wireless mobile data, low-speed broadband and dial-up connections. It is currently deployed by hundreds of ISPs and other Propel users in more than 75 countries, making available an improved Internet experience to more than 34 million subscribers.
In the past year, the U.S. Export Assistance Centers in California have helped local companies make more than $300 million in export sales. The Center in San Jose facilitated more than 150 export successes totaling $20 million in export sales from area businesses while conducting several hundred counseling sessions. In 2002, the Commercial Service helped U.S. businesses generate export sales worth more than $23 billion.

More information on the U.S. Commercial Service is available at the U.S. Export Assistance Center in San Jose (408-271-7300 or www.export.gov/commercialservice ).

About Propel
Propel Software Corporation provides Internet Service Providers’ (ISPs) subscribers with solutions that improve their Internet experience. Using patent-pending technology, Propel Accelerator is an award-winning Internet acceleration product that provides a high-speed experience for users of 802.11 hotspots, wireless mobile data, low-speed broadband and dial-up connections. Propel Accelerator is deployed by hundreds of ISPs and other Propel users in more than 75 countries with more than 34 million subscribers. Founded in 1999 by technology innovator Steve Kirsch, who also founded Infoseek and Frame Technology, Propel is a leading Internet acceleration solution provider. For more information, contact Propel Software Corporation, 1010 Rincon Circle, San Jose, CA 95131 USA, 408-571-6300 or visit its Web site at www.propel.com.

Propel® and the Propel logo are registered trademarks and Propel® Accelerator, Propel® Complete, Propel® Acceleration Server™ are trademarks of Propel Software Corporation in the United States and/or other countries. All other trademarks shown are the property of their respective owners.Copyright

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