Pegasystems’ Double Success in Third Annual Leaders in Innovation Awards 2008

Reading, UK, 8 December 2008: Reinforcing its position as the top provider of rules-based BPM software, Pegasystems (NASDAQ: PEGA) has been named as winner of two categories in the prestigious financial-i Leaders in Innovation Awards 2008, announced today.

The Awards, now in their third year, recognise excellence in global transaction banking and Pegasystems has been named winner of both the BPM category within Network Services and the Exceptions and Investigation category within Risk Management.

In each case the award nominations were made by an advisory panel of leading industry analysts, consultants and market practitioners and focused on innovation over the past 12 months. Despite the current pressures on global transaction banking, financial-i believes that innovation is flourishing, even in a difficult economic climate: “In light of the challenges the business now faces in terms of heightened regulatory oversight, new competitive threats and a subdued operating environment, innovations that clearly differentiate providers and save time, money and manpower, are even more compelling.”

“The financial-i Awards provide an important independent endorsement of Pegasystems’ continuing commitment to innovation,” says chairman and CEO, Alan Trefler. “And, as our recent investment in a major new research and development facility in Hyderabad, India demonstrates, we are determined to stay at the forefront of technology development in meeting the growing global demand for leading-edge BPM solutions.”

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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