Pegasystems Appoints Craig Conway to its Board of Directors

CAMBRIDGE, Mass. – March 31, 2009 – Pegasystems Inc. (NASDAQ: PEGA), the leader
in Business Process Management (BPM) software, today announced that Craig
Conway has joined its Board of Directors, effective March 26, 2009.

"We are very excited that Craig has
joined the Pegasystems team.  Craig’s
vision and success in the technology industry is well established.  His proven ability to guide companies through
dramatic growth will be a great asset for Pegasystems as we expand our market
leadership.  We also will benefit from
Craig’s intense focus on execution," said Alan Trefler, founder and CEO of
Pegasystems.

“Pegasystems’ total company commitment to
market-leading technology and customer success resonates with me and is clearly
what it is going to take to expand its leadership position in this important
growth market.  I am proud to now be a
part of Pegasystems’ BPM vision that so many of its customers have seen and are
benefiting from,” said Craig Conway.

Craig Conway has enjoyed one of the most distinguished
and successful careers in the technology industry. He has been recognized as
one of the “Top 25 Managers” by BusinessWeek
magazine, “Ten Most Influential People in High Technology” by Computer Business Review, and “Fifty
Most Powerful People in Networking” by NetworkWorld
magazine.

As a CEO, Mr. Conway has led several technology
companies to success including most recently PeopleSoft.  Mr. Conway joined PeopleSoft in 1999 and
began one of the most dramatic turnarounds in the technology industry.  In 2002, Fortune
magazine named PeopleSoft the “Second Most Admired Company”, and Forbes magazine named PeopleSoft one of “Five
Overachieving Companies”.  Mr. Conway has
also served as President and CEO of TGV Software and One Touch Systems.  Previously, he held executive management
positions at a variety of leading technology companies including Executive Vice
President at Oracle Corporation.  Mr.
Conway is a graduate of the State University of New York at Brockport, where he
received degrees in mathematics and computer science.

About Pegasystems

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.

 

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Pegasystems Inc.
One Rogers St.
Cambridge, MA 02142
U.S.A.
Phone +1 617-374-9600
Fax +1 617-374-9620