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For
Immediate Distribution
Pegasystems Signs Two New PegaRULES Partners
Pegasystems Deepens Commitment to Alliance Program
Cambridge, Mass., June 19, 2002 ò Pegasystems Inc. (NASDAQ: PEGA),
a leader in rules-driven, business process automation software, today
announced that it has signed Virtusa and A.J. Rhem & Associates
Inc. as two new partners to support the adoption of PegaRULES in the
marketplace. Virtusa, is a provider of global technology innovation
services, and A.J. Rhem & Associates Inc. is an organization that
provides technology system integration services to its clients in
the form of IT staffing, consulting, training and research.the commercial
and government marketplace.
Partners are a key element for the success of PegaRULES, and we are
dedicated to identifying and expanding strategic relationships which
will drive the adoption of PegaRULES,‰ said Keith Hawker, vice
president of Strategic Partnerships and Alliances. „We expect
that our relationship with Virtusa and A.J. Rhem & Associates
will be mutually beneficial and deliver business process management
solutions with a return on investment to our customers.‰
Pegasystems‚ Alliance Program members can select from 3 categories
of partnership: Solution Partners, Services Partners or Technology
Partners. Solution Partners are software development companies that
develop repeatable market-specific solutions, based on a combination
of Partner and Pegasystems' technology. Services Partners are system
integrators and consultants that scope, design, build, deploy, and/or
manage Pegasystems-based implementations. Technology Partners are
companies that interact with, complement, or add value to Pegasystems
technology.
„We are pleased to have signed Virtusa and A.J. Rhem & Associates
as PegaRULES partners,‰ said Paul McNulty, vice president, PegaRULES.
„We are confident that through their extensive consulting, application
development, and network of relationships, Virtusa and A.J. Rhem &
Associates will help us maximize the adoption of our PegaRULES products
while broadening our industry reach.‰
PegaRULES technology enables companies to develop, implement and manage
a horizontal set of Business Process Management (BPM) solutions. PegaRULES
Process Commander combines a patented enterprise rule base with application
tools designed for developing, deploying, managing and evolving enterprise-wide
business processes.
Virtusa will assist with design and implementation of Pegasystems‚
PegaRULES software. Virtusa has extensive expertise in process automation
execution, which will help Pegasystems‚ customers deliver quality
systems. Virtusa also has strong business domain capabilities in the
financial services, telecommunication services, retail, Customer Relationship
Management (CRM) and storage management industries. By utilizing Virtusa‚s
offshore development model, Pegasystems customers may be able to help
reduce the time and expense associated with a traditional software
development life cycle.
„Our vision to build scalable, extendable technology solutions
at a fast pace, with a high level of precision complements Pegasystems‚
core software offerings,‰ said John Gillis, executive vice president,
Virtusa. „Through this alliance, our customers, which include
early adopters of emerging technology, can be confident that their
process automation solutions are agile, secure and reliable.‰
A.J. Rhem & Associates has been engaged to deliver consulting
services for Pegasystems‚ PegaRULES software. A.J. Rhem &
Associates‚ target markets include government entities and Fortune
1000 corporations, specifically insurance, financial, banking, retail,
transportation and telecommunications. A.J. Rhem & Associates‚
technical expertise will complement Pegasystems‚ proven experience
of helping organizations increase productivity and reduce service
costs to deliver comprehensive, rules-driven, business process automation
solutions.
Our customers demand solutions that can automate and fulfill their
complex, transaction-heavy processes,‰ said Tony Rhem, presidentSenior
Partner, A.J. Rhem & Associates. „Through this partnership,
we are committed to delivering optimal solutions to manage our customers‚
multifaceted needs.‰
For more information, visit www.pegasystems.com/partner
<http://www.pegasystems.com/partners>
.
About Pegasystems
Since 1983, Pegasystems (NASDAQ: PEGA) has been a pioneer in rules
technology and is now a leader in the industry. Business rules are
the practices, processes and procedures that define how a company
does business and are an important asset that differentiates enterprises
in the marketplace. Pegasystems‚ patented rules technology allows
companies to aggregate their diverse business practices and lets business
managers rapidly implement change across the enterprise and over the
Web. Leading companies in financial services, healthcare and insurance
turn to Pegasystems‚ rules-driven workflow automation technology
and multi-channel service and support solutions to enhance their Customer
Relationship Management (CRM) strategies. Headquartered in Cambridge,
Mass., Pegasystems has regional offices in North America, Europe and
the Pacific Rim. For more information about Pegasystems visit: http://www.pegasystems.com/
###
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 10Q for the
year ended March 31, 2002 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
US SOUTHERN ITALY SMALL BUSINESS CONNECTION
TRADE & INVESTMENT MISSION
For information, contact:
Julia Purdy
Pegasystems Inc.
Tel: (617) 374-9600, ext. 6365
Email: purdj@pegasystems.com
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