The Boston Globe Recognizes Pegasystems as a Top-Performing Public Company Based in Massachusetts
Pegasystems ranks number 25 on the Globe 100 List
CAMBRIDGE, Mass. – May 29, 2013 – Pegasystems Inc. (NASDAQ: PEGA) the leader in Business Process Management (BPM) and a leading provider of Customer Relationship Management (CRM) solutions, today announced that it is listed as number 25 on The Boston Globe’s annual Globe 100 ranking of the best-performing public companies in Massachusetts. Pegasystems’ inclusion in the Globe 100 is a continuation of industry accolades the company has received during the first half of 2013, which includes multiple recognitions by leading, independent industry analyst firms for accomplishments in both BPM and CRM.
Now in its 25th year, the Globe 100 ranks the top 100 public companies in Massachusetts based on their overall financial performance. Companies are ranked based on four criteria that includes return on average equity, one-year percentage increase in revenue, one-year percentage increase in annual profit margin, and total 2012 annual revenue. The list continues to reflect the local and national economic climate. In 2010 and 2011, there were actually fewer than 100 companies on the list due to lower profits during the downturn. Last year marked the first time since 2009 that the Globe 100 list was at “full strength.”
Quotes & Commentary:
“We are proud to be included in this year’s Globe 100,” said Alan Trefler, Founder and CEO of Pegasystems. “Pegasystems is built upon a strategy of business sustainability to benefit our global customer base, global employee base and the greater Boston community as a whole. Our Build for Change® technology enables leading organizations to be more responsive and engaging with customers while becoming more efficient in their operations. Our mission to continually build upon this has been recognized and acknowledged by steady growth, and multiple industry awards and accolades.”
“As it always has, the Globe 100 list reflects the dynamic nature of business not only in Massachusetts but also the world,” said Steve Syre, Boston Globe business columnist and editor of the 2013 Globe 100 Magazine. “Several companies on this year’s list did not even exist when it debuted in 1989. In fact it’s quite possible those companies employ people who weren’t even born in 1989.”
About the Globe 100 Ranking Methodology
The Globe 100 ranks Massachusetts-based public companies based on financial data from the four quarters ending December 31, 2012. To be eligible, the company must be traded publicly for the entire 2012 calendar year on the New York Stock Exchange, the NASDAQ or the American Stock Exchange and report revenue and profit for both 2011 and 2012. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2012 revenue.
About The Boston Globe
The Boston Globe is wholly owned by The New York Times Company, a leading global, multimedia news and information company with 2012 revenues of $2.0 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, NYTimes.com, BostonGlobe.com, Boston.com and related properties. The company's core purpose is to enhance society by creating, collecting and distributing high-quality news and information.
Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pega’s applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega’s Global 3000 customers include many of the world’s most sophisticated and successful enterprises. Pega’s applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients’ strategic business needs. Pega’s clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use, and global scale. For more information, please visit us at www.pega.com.
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The information contained in this press release is not a commitment, promise, or legal obligation to deliver any material, code or functionality. The development, release and timing of any features or functionality described remains at the sole discretion of Pegasystems, Pegasystems specifically disclaims any liability with respect to this information.
Lisa Pintchman Rogers
VP, Corporate Communications
Director, Corporate Communications
Sr. Manager, Public Relations
Director, Corporate Communications
+44 (0) 118 9651 660
PR & Communications Manager
+44 (0) 118 9398 584
One Rogers St.
Cambridge, MA 02142
Phone +1 617-374-9600
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