Pegasystems Selected to Provide GMAC-RFC With Business Process Management Technology

CAMBRIDGE, Mass, Feb. 14, 2005 — Pegasystems Inc. (NASDAQ: PEGA) announced today that GMAC-RFC has selected its PegaRULES Process Commander® solution as part of an initiative to provide easy-to-use, rules-driven technology that enhances the company's business process management capabilities.

GMAC-RFC chose Pegasystems after a rigorous nine-month selection process. The contract was finalized in the fourth quarter of 2004. "It's an honor to be chosen by one of the world's most prestigious financial services companies," said Michael Wallrich, Senior Vice President of Global Sales, Pegasystems. "GMAC-RFC's strategic commitment to our solutions validates our strong position in the BPM market and confirms that rules-driven business process management solutions provide increased agility for growth, productivity, and compliance."

About GMAC-RFC

GMAC-RFC, a wholly-owned subsidiary of GMAC Financial Services, is a leading private issuer of mortgage-backed securities and mortgage-related loan asset-backed securities, and the No. 1 warehouse lender in the United States. The company leverages its strengths in securitization, lending, and investment to offer a broad portfolio of innovative capital solutions to businesses in a variety of markets.

The company is headquartered in Minneapolis and operates in the United States, Canada, Mexico, United Kingdom, and Continental Europe. www.gmacrfc.com.

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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Phone +1 617-374-9600
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