Pegasystems and SHS Informationssysteme AG Partnership to Deliver Busi

    Business Editors/High-Tech Editors

    CAMBRIDGE, Mass. and MARTINSRIED - MUNICH, Germany--(BUSINESS WIRE)--May 6, 2005--Pegasystems Inc., the leading provider of smart business process management (BPM) software (Nasdaq:PEGA) and SHS Informationssysteme AG (XETRA:SHSG.DE), the leading European provider of customer risk and value-management solutions, today announced that they have formed a strategic partnership to promote Pegasystems technology amongst customers in Germany, Spain and Portugal.
    Under the terms of the agreement, the two companies will jointly promote and deploy Pegasystems' BPM offering and value proposition together with SHS'Guardean product as a 'super process' running in conjunction with the Pegasystems product suite.
    David Wells, Vice President and Managing Director of Pegasystems Europe, said: "This alliance promises great benefits for both parties and our customers. Working with SHS will ensure that Pegasystems further consolidates its position in the BPM market. It is also a further endorsement of the Pegasystems portfolio and knowledge of the BPM space."
    Dirk Roesing Chief Executive Officer of SHS Informationssysteme AG, said: "BPM enables organisations to improve processes and increase operational efficiency with measurable and proven ROI. Now with the addition of Pegasystems to our product portfolio we will be able to offer our clients another effective and innovative solution to fit on our customer needs.
    "The current market environment demands more and more "solutions made to fit." Our Guardean product suite and extensive IT domain expertise combined with the excellence of Pegasystems' products provides a great BPM solution for our customers' present and future needs."

    About Pegasystems

    Pegasystems Inc. (Nasdaq: PEGA) provides software to automate complex, changing business processes. Our Business Process Management (BPM) solutions provide organisations with the agility critical to managing growth, productivity and compliance. Our solution unifies pure-play BPM software with a sophisticated Business Rules Engine to drive business effectiveness. This patented technology enables organisations to "build for change" and overcome the execution gap that occurs as evolving business objectives outpace the ability of business systems to respond.
    Pegasystems' BPM suite offers standards-based technology built in a rapid-solution development environment. Our BPM solution combines the capability to solve a full range of business process challenges with the opportunity to leverage existing technology investments. By enabling business process responsiveness, Pegasystems makes it easier for people and systems to work together.
    Pegasystems' award-winning BPM suite is complemented with best-practice solution frameworks based on more than 20 years of experience helping Fortune 500 and other leading corporations in the financial services, insurance, healthcare, manufacturing and government markets.
    Headquartered in Cambridge, MA, Pegasystems has regional offices in North America, Europe and the Pacific Rim. For more information, visit www.pega.com.

    About SHS Informationssysteme AG

    Munich-based SHS Informationssysteme AG (Xetra:SHSG.DE) is listed on the Prime Standard segment of the Frankfurt Stock Exchange and operates a subsidiary in Spain. The IT services provider focuses on offering customer management and credit risk management solutions to companies with a broad customer base. In 2004, the company recorded revenues of EUR 32 million. The customers of SHS AG include Ingram Micro, Credit Agricole, Credibom (Sofinco Group), T-Mobile, T-Online, Sudleasing, Jazztel, Telefonica, Renfe ,Vodafone, Campofrio, Barclaycard, and other international companies in the information and financial sectors.
    SHS risk/value management leading solution Guardean offers a unique platform for customer intelligence applications. Getting information from more than 40 credit bureau agencies combined with market and other information sources provides information about customer qualifications, on the risk and value side, leveraging the value or risk of the existing or further customers trough an score card analysis based on mathematical models defined by the most prestigious consultancy firms around the world.
    SHS Guardean solution enables the organizations to cover Basel II requirements in terms of the continuous analysis of their existing and further customer base.

--30--KC/bo*

CONTACT: Pegasystems Europe Jeremy Payne, +44 (0)118 965 1641 jeremy.payne@pega.com or Pirate Communications Alex Crawshaw, +44 (0)20 297 3355 alex@piratecomms.com

KEYWORD: MASSACHUSETTS GERMANY PORTUGAL SPAIN INTERNATIONAL EUROPE INDUSTRY KEYWORD: HARDWARE SOFTWARE INTERNET E-COMMERCE SOURCE: Pegasystems Inc.

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