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Progress Software Sets New Standard for Developer Productivity with Groundbreaking AI Coding Assistants in Latest Telerik and Kendo UI Release

1. Progress Software launches new AI Coding Assistants for Blazor and React. 2. AI-driven tools aim to accelerate development workflows significantly. 3. Includes AI theme generation and GenAI-powered reporting insights. 4. Release enhances performance with faster Data Grids and UI components. 5. Empowers over 4 million developers with advanced software capabilities.

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FAQ

Why Bullish?

The significant introduction of AI tools can attract new customers and boost sales, similar to tech stocks rallying after positive technological advancements or product releases in the past.

How important is it?

The introduction of cutting-edge AI features directly addresses market demands, likely increasing PRGS's market position and appeal in software development.

Why Long Term?

As AI integration continues to evolve, consistent demand for innovative software development tools will likely prolong growth in interest and investment in PRGS.

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ADBEMSFTORCL
BURLINGTON, Mass., June 04, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the Q2 2025 release of Progress® Telerik® and Progress® Kendo UI®, the most powerful .NET and JavaScript UI libraries for modern application development. This release introduces a number of groundbreaking AI capabilities that significantly accelerate development workflows, including AI Coding Assistants for Blazor and React, AI-driven theme generation and GenAI-powered reporting insights. “We are excited to empower our customers with advanced AI Coding Assistants built right into the tools that they know and love,” said Loren Jarrett, EVP & GM, Digital Experience, Progress Software. “Our new AI Coding Assistants help serious developers reach new levels of productivity working directly with their favorite AI-powered IDEs, enabling automatic code generation with our Telerik and Kendo UI components. Developers can accelerate the creation, styling and deployment of innovative digital experiences with unmatched speed and efficiency. They gain the speed and advantages of AI without compromising their preferred workflows or code quality.” Highlights of the Telerik and Kendo UI Q2 2025 release: AI Coding Assistants for Blazor and React: Empowers developers to automatically generate production-ready code in the Progress Telerik UI for Blazor and Progress KendoReact libraries directly inside all popular AI-powered IDEs, minimizing manual edits and significantly shortening development cycles.AI Theme Generation in Progress ThemeBuilder: Developers can leverage natural language prompts to create custom styles for Telerik and Kendo UI components, with real-time previews that streamline design-to-production workflows and uphold consistent branding.GenAI-Powered Reporting Insights: Integrated directly into Progress Telerik Reporting, these intelligent summaries and contextual insights eliminate the need for external tools, enabling faster, more informed decisions. Additional AI-driven enhancements include a GenAI-powered Telerik PDF Processing library for instant document insights, AI prompt options in the Editor control and new AI building blocks and page templates to speed up UI development. Beyond AI, the Q2 2025 release includes performance-optimized Data Grids for faster, more responsive data handling, enhanced design system tooling and expanded styling capabilities as well as new UI components with adaptive features designed to provide seamless experiences across all screen sizes and devices. To explore the full capabilities of the Q2 2025 release, visit the release overview page or register for one of our webinars: Telerik 2025 Q2 Release Webinar–Web, Desktop & Mobile, Mobile & Cross-Platform Products, Kendo UI 2025 Q2 Release Webinar and Telerik Reporting and Fiddler 2025 Q2 Release Webinar. About Progress Software  Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com. Progress, Telerik, ThemeBuilder and Kendo UI are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners. Press Contacts:            Kim Baker Progress Software         +1-800-477-6473     pr@progress.com Videos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/bd7e2478-8177-4518-8122-3d39f59e180ehttps://www.globenewswire.com/NewsRoom/AttachmentNg/a1b92a5b-8285-4073-b245-1fa1ef1d76a1 Telerik AI Component Assistant 30 Second Overview Kendo UI AI Coding Assistant 30 Second Overview Demo

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