Pegasystems Appoints Jon Pellant Director of Product Management for PegaRULES
CAMBRIDGE, Mass., Dec 18, 2001 — Pegasystems Inc. (NASDAQ: PEGA) today strengthened its commitment to the commercialization of its PegaRULES software by appointing Jon Pellant, former vice president of Technology for Firepond, as director of Product Management for PegaRULES, Pegasystems' patented business rule development and deployment technology. Pellant will lead the efforts to define product requirements, coordinate product launches, and support PegaRULES sales and marketing activities.
"I believe Pegasystems' rules-centric approach to application development, used with the PegaRULES technology, will help enable enterprises to react to changing market and customer demands while helping to reduce deployment and maintenance expense when compared with classical code-based development," said Pellant. "I am excited to be part of a company that is leveraging its 18 years of experience in rules-based technology to take advantage of this emerging market."
According to Michael Barnes, senior program director, META Group, by 2002, rules engines will become an integral part of business process automation solutions, which will be complementary to application servers and enterprise application integration (EAI) solutions.
"Jon brings proven industry experience and knowledge of both rules and decision support technology to the PegaRULES team," said Paul McNulty, vice president of PegaRULES. "We are confident that Jon's expertise in product, service, and technical marketing will be an asset in helping to drive the commercialization of the PegaRULES technology."
Certain statements contained in this press release may be construed as "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "hope," "anticipate," "plan," and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. The company does not undertake and specifically disclaims any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These statements are based on current expectations and assumptions and involve various risks and uncertainties, which could cause the Company's actual results to differ from those expressed in such forward-looking statements. These risks and uncertainties include impact of pending regulatory proceedings, difficulty in predicting the completion of product implementations and consequently the timing of revenue recognition, the inability to attract and retain key employees, reliance on key third-party relationships, management of the Company's growth, and other risks and uncertainties. Further information regarding these and other factors which could cause the Company's actual results to differ materially from any forward-looking statements contained in this press release is contained in the Company's Quarterly Report on Form 10Q for the quarter ended September 30, 2001 on file with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on such forward-looking statements and there are no assurances that the matters contained in such statements will be achieved.
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.
All trademarks are the property of their respective owners.
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
Fax +1 617-374-9620