Pegasystems Honored with Intelligent Enterprise's Editors' Choice Award; BPM Software Provider Named "Company to Watch" in 2004

CAMBRIDGE, Mass., Jan. 19, 2004 — Pegasystems Inc., (NASDAQ: PEGA), a leading provider of smart, rules-based business process management (BPM) software, today announced that it has been named as one of the "Companies to Watch" in Collaborative Business, in Intelligent Enterprise's 2004 Editors' Choice Awards.

The awards highlight 60 companies that provide the strongest vision, market leadership, and technology innovation to readers in their quest to align IT with business objectives. The winners appeared in the January 1, 2004 issue of Intelligent Enterprise, also currently available online at http://www.intelligententerprise.com/040101/701feat1_1.shtml.

According to the magazine, collaborative business automates interactions among suppliers, partners, and customers in order to lower costs and improve customer satisfaction. It also includes efficient knowledge sharing among domain experts within the enterprise.

In profiling Pegasystems, Intelligent Enterprise senior editor Jeanette Burriesci commented, "Alan Trefler founded the company to make enterprise systems autonomous and agile. He provides software that couples business process management with business rules management, forming a foundation for BAM (business activity monitoring) and straight-through processing. Pegasystems is a technology leader and a viable, profitable company."

About Intelligent Enterprise

Intelligent Enterprise is the only IT publication focused exclusively on the most critical issue in business today: unlocking the value of collected information for competitive advantage. Intelligent Enterprise shows business and technology professionals how to plan, deploy, and manage the strategic applications their companies depend on to improve decision making, optimize business performance, and maximize the value of customer relationships. Published 18 times per year, Intelligent Enterprise provides comprehensive coverage of the technologies and practices that promote the collection, storage, analysis, and distribution of business information. Approximately 100,000 IT and business professionals read Intelligent Enterprise.

Forward-Looking Statements

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, 2003 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.

NOTE: Pegasystems is a registered trademark of Pegasystems Inc. Other product and company names may be trademarks of their respective owners.

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.

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.

 

Press Kit

 

Media Contacts

Lisa Pintchman Rogers
VP, Corporate Communications
[email protected]
+1 617-866-6022

North America:
Sean Audet
Director, Corporate Communications
[email protected]
+1 617-528-5230

Ilena Ryan
Sr. Manager, Public Relations
[email protected]
+1 617-866-6722

Europe:
Joanna Richardson
Director, Corporate Communications
[email protected]
+44 (0) 118 9651 660

Jon Brigden
PR & Communications Manager
[email protected]
+44 (0) 118 9398 584

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