Pegasystems’ CEO Named Software Executive of the Year

Business Wire, June 25, 2009

Seventh annual Stevie® Awards were presented on June 22 in New York City

NEW YORK -- Pegasystems, Inc. (NASDAQ: PEGA), the leader in business process management (BPM) software solutions, today announced that Founder and CEO Alan Trefler was named “Computer Software Executive of the Year” at the 2009 American Business Awards gala event, held June 22 in New York City. In addition, Pegasystems was named a finalist for Fastest-Growing Company of the Year.

Trefler was recognized for leading Pegasystems to new heights and record revenue growth of 31 percent during a year when other software and technology companies saw business slow dramatically. Understanding and anticipating the changing landscape in early 2008, he aligned Pegasystems’ award-winning BPM expertise with the needs of global organizations—helping companies successfully cut costs, increase agility and ultimately weather the economic storm.

“It’s a tremendous honor to be nominated by The American Business Awards’ Board of Distinguished Judges and Advisors as an Executive of the Year,” said Trefler. “I would like to thank all of the customers who have become a part of the Pegasystems community over the past 26 years. This recognition validates our overall vision of helping business people to Build for Change, as well as our ongoing leadership in business process management and our commitment to innovation.”

Nicknamed the Stevies for the Greek word "crowned," this year’s awards attracted more than 2,600 entries from companies of all sizes and in virtually every industry. With approximately 600 executives in attendance, the 2009 American Business Awards honored a diverse cross-section of American business people, corporations, non-profits, and government agencies reflecting every important aspect of business today, from C-Suite executives to support staff, major public companies to emerging start-ups, and customer services teams to corporate communicators.

The American Business Awards are the only national, all-encompassing awards program honoring great performances in business. For a complete list of the 2009 American Business Award honorees in all categories, visit: www.stevieawards.com/aba.

About Pegasystems

Pegasystems, the leader in Business Process Management, provides software to drive revenue growth, productivity and agility for the world's most sophisticated organizations. Customers use our award-winning SmartBPM® suite to improve customer service, reach new markets and boost operational effectiveness.

Our patented SmartBPM technology makes enterprise applications easy to build and change by directly capturing business objectives and eliminating manual programming. SmartBPM unifies business rules and processes into composite applications that leverage existing systems – empowering businesspeople and IT staff to Build for Change®, deliver value quickly and outperform their competitors.

Pegasystems’ suite is complemented by best-practice frameworks designed for leaders in financial services, insurance, healthcare, government, life sciences, communications, manufacturing and other industries.

Headquartered in Cambridge, MA, Pegasystems has offices in North America, Europe and Asia. 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.