Pegasystems Supports Global Focus; Appoints Samir Gulati as Vice President of Global Marketing

CAMBRIDGE, Mass., Apr. 19, 2002 — Pegasystems Inc. (NASDAQ: PEGA), a leader in rules-driven, business process automation software, today announced the appointment of Samir Gulati as vice president of Global Marketing. Gulati will aggressively drive Pegasystems' plan for growth by delivering global and integrated marketing initiatives including: marketing programs, corporate communications, marketing communications and product marketing.


Gulati is a seasoned leader who brings more than 15 years of diverse, technology-focused, marketing experience to Pegasystems. Gulati began his career at General Electric Company, where he transitioned from product development roles to both product management and marketing responsibilities. There, he gained experience leading marketing strategies under multiple General Electric Company brands, such as GE Medical Systems and GE Information Services. In addition, he served as the COO for one of General Electric Company's joint venture operations in their Asia-Pacific region. More recently, he served as vice president of Worldwide Marketing for SAGA Systems, Inc., a $200 Million North American spin-off of Software AG, which focused on the Enterprise Application Integration (EAI) market.


"Pegasystems' performance in the past year has been both impressive and exciting, and I am committed to driving the execution of marketing initiatives that will help increase the company's visibility in the marketplace," said Gulati. "I am thrilled to be joining Pegasystems and am eager to build Pegasystems as a dominant, global player in a market that is primed for expansion."


"The addition of Samir to our senior management team supports our commitment to being a global organization," said Rick Jones, president and COO, Pegasystems. "His international experience provides a new dimension to our team. His technical expertise coupled with his strong experience in brand management will complement our efforts in both our Applications Business and our emerging PegaRULES technology. We are confident that Samir has the strength and experience to continue to drive the strategy behind these brands in order to remain a leader in business-rules technology."


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 Annual Report on Form 10K for the year ended December 31, 2001 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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Jon Brigden
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Pegasystems Inc.
One Rogers St.
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U.S.A.
Phone +1 617-374-9600
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