Pegasystems Named to Globe 100
CAMBRIDGE, Mass. - Pegasystems Inc., (NASDAQ: PEGA), the leader in Business Process Management (BPM) software solutions, today announced that the Boston Globe has named Pegasystems to the 22nd annual "Globe 100" list of top performing public companies in Massachusetts. Pegasystems was ranked sixth overall, up significantly from the previous year.
The Globe 100 list is based on a composite score derived from financial data for the four quarters ending December 31, 2009. Pegasystems was ranked sixth among Massachusetts-based companies whose stock is publicly traded on NASDAQ, New York Stock Exchange or American Stock Exchange.
"Companies on the Globe 100 list represent the very best in Massachusetts business. These companies show vision and set examples for how to adapt to a tough economic climate," said Shirley Leung, business editor of The Boston Globe.
To qualify for the Globe 100, a company must have been public for the entire 2009 calendar year and have reported a positive net income for both 2008 and 2009.
"We are pleased to be ranked sixth overall within the Globe 100. It is a significant milestone for our company," said Alan Trefler, founder and CEO of Pegasystems. "Now in our 27th year, we have posted 11 consecutive record quarters during difficult economic times, and this recognition not only demonstrates that our disruptive technology is helping organizations transform how they do business, but also our enduring commitment to being a leading, innovative, Massachusetts-based organization."
This year, 82 Massachusetts companies were named to the Globe 100 making the list the most exclusive to date, while serving as a reminder of the challenging economic climate.
The Globe 100 Website (boston.com/globe100) features all of the magazine's coverage along with exclusive video, interactive photo galleries and charts, and multimedia presentations.
About the Globe 100 ranking methodology
The Globe 100 ranks Massachusetts-based public companies based on financial data from the four quarters ending closest to December 31, 2009, and for corresponding quarters a year earlier. To be eligible, the company must be traded publicly for the entire 2009 calendar year on the New York Stock Exchange, the NASDAQ or the American Stock Exchange and report revenue and profit for both 2008 and 2009. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin and 2009 revenue.
About The Boston Globe
The Boston Globe and Boston.com are wholly owned by The New York Times Company, a leading media company with 2009 revenues of $2.4 billion, which includes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers and more than 50 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.
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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
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