Pegasystems to Showcase BPM Solutions with IBM at Insurance Industry Forum

CAMBRIDGE, Mass., May 20, 2005 — Pegasystems (Nasdaq: PEGA) will demonstrate business process management (BPM) technology that automates and streamlines key insurance-industry operations at the ACORD LOMA Insurance Systems Forum, May 22–24, 2005 at the Walt Disney World® Dolphin in Orlando, Fla. Pegasystems has more than 10 years of experience helping both life and property & casualty insurance companies automate and streamline key operations such as underwriting, billing, and policy administration.

ACORD LOMA is one of the largest gatherings of insurance-industry executives. Pegasystems' BPM platform and insurance expertise complement IBM's hardware, software, and services offerings. In combination with IBM's thought leadership, clients are afforded the capability to realize new levels of business agility to cut costs, grow revenue, and improve policyholder satisfaction. Also on the conference agenda, Gary Kirkham, Vice President and Director of life insurer ANICO, will speak on how Pegasystems' solutions help ANICO reduce overhead while increasing IT return on investment.

"Insurance companies need 'on-demand' agility," said Bruce F. Broussard, Jr., FLMI, ACS Managing Consultant, Business Consulting Services, IBM. "ACORD LOMA is a great forum for demonstrating to insurance executives that they can automate key processes that make them more efficient, profitable, and responsive to customers. We are delighted to present with Pegasystems, whose smart BPM technology is another example of how IBM seeks the best tools, technology, and know-how to drive results for our clients."

Pegasystems solutions are optimized on IBM middleware and hardware — delivering superior performance and cost of ownership. The optimization on IBM WebSphere® business integrator server foundation delivers a compelling business-value proposition to the leading financial services institutions.

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

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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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