Pegasystems to Showcase BPM solutions at IBM Global Financial Services

    Business Editors/High-Tech Editors

    CAMBRIDGE, Mass.--(BUSINESS WIRE)--April 20, 2005--Pegasystems (Nasdaq: PEGA) will demonstrate business process management (BPM) technology that automates and streamlines key financial services operations at the IBM Global Financial Service Forum April 19 - 22, 2005 in the Principality of Monaco.
    The conference, focused on the thought leadership necessary to grow the banking and financial markets industries, allows for interaction with senior executives from countries around the world. Said Tom Congoran, Vice President, Business Development, Pegasystems, "Our industry-leading BPM platform, PegaRULES Process Commander, allows financial institutions to automate and enhance a wide range of business processes and adapt them on-demand at the rhythm of business change. Our solutions help address the rapidly evolving financial services industry that is undergoing mergers, acquisitions and new regulations such as Sarbanes Oxley, Basel II and Check 21. Together with our consulting and technology partnership with IBM, we are able to deliver true business transformation and rapid ROI to increase top line growth, achieve compliance and reduce costs."
    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 leading financial services institutions.

    About Pegasystems

    Pegasystems Inc. (Nasdaq: PEGA) provides software to automate complex, changing business processes. Our Business Process Management (BPM) solutions provide organizations 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 organizations 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.

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CONTACT: Pegasystems Inc. Beth Lewis, 617-374-9600, ext. 6077 beth.lewis@pega.com

KEYWORD: MASSACHUSETTS INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS BANKING SOFTWARE SOURCE: Pegasystems Inc.

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