Pegasystems to Present at Sibos 2003 Singapore

READING, United Kingdom, Oct. 13, 2003 — Pegasystems Inc. (NASDAQ: PEGA), a leader in rules-based, smart business process management (BPM) software, today announced its presence at Sibos 2003 Singapore (Singapore International Convention & Exhibition Centre, October 20–24), where it will preview a new software application designed to help organizations improve quality and customer relationships through the managing of exceptions. Pegasystems can be found at Booth 6099 in the exhibition centre.


Additionally, Pegasystems founder and CEO Alan Trefler will speak on optimising straight-through processing (STP) to help achieve meaningful cost reductions. The presentation, entitled "Seamless initiatives in payments — which initiatives really help to achieve STP?", will explore how banks have interpreted straight-through processing and assess global and regional STP initiatives. Trefler's presentation will take place on Wednesday, October 22nd, from 2.00–3.30 p.m. in the Plenary Hall, on Level 6.


Sibos 2003 Singapore, organized by SWIFT, will bring together luminaries in new technologies and processes to share knowledge on how to meet client expectations with ever-increasing demand for greater efficiency and risk management. Sibos is a premier event for the global financial industry, attracting the industry's leading figures and firms.


Notes to Editor: To arrange an interview with a Pegasystems spokesperson at the show, please contact Alex Crawshaw at Pirate Communications, +44 20 7760 7050 / [email protected].


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 June 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.

 

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