Pegasystems Strengthens Management Team, Continued BPM Success Draws Best-In-Class Talent

CAMBRIDGE, Mass., Dec. 10, 2004 — On the strength of continued success and visibility in the business process management (BPM) market, Pegasystems Inc. (NASDAQ: PEGA) today announced the addition of senior executives Michael Wallrich, senior vice president, Global Sales, and Douglas Kra, vice president, Global Services.


Henry Ancona, president and COO commented, "Pegasystems' organizational model combines market-leading technology with a disciplined focus on operations. We have made tremendous progress this year helping our customers align their business processes with their strategic objectives. With our world-class employee talent, we are committed to a best-in-class sales and services organization and I am delighted to welcome Mike and Doug to our executive management team."


Mike Wallrich joins Pegasystems with more than 25 years of sales and sales management experience, with a particular expertise and passion for the BPM market. Mike spent 11 years with FileNet, following which he led MicroTek, a company listed among the Inc. 500 fastest growing private companies for three straight years. Mike will augment the current outstanding geographic sales leadership of Pegasystems and help take the next steps toward ensuring world-class success.


Doug Kra brings 20-plus years of successful services experience to the company, including nine years with Cambridge Technology Partners. Doug will assume leadership of the services group, with a continued focus on helping customers and partners maximize their implementations of Pegasystems' BPM software and providing superior customer service.

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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Lisa Pintchman Rogers
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+1 617-866-6022

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