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Technology Stocks : PEGA - Pegasystems
PEGA 59.12+0.3%Nov 7 9:30 AM EST

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To: David R. Doerr who wrote (81)7/16/1997 4:28:00 PM
From: David R. Doerr   of 504
 
Wednesday July 16 4:01 PM EDT

Company Press Release

Source: Pegasystems, Inc.

Pegasystems Continues to Expand Presence with Opening of Second Australia Office

CAMBRIDGE, Mass., July 16 /PRNewswire/ -- Pegasystems Inc. (Nasdaq:PEGA) expands its worldwide presence today by announcing the opening of a new regional office in Melbourne, Australia. The office will support the Company's sales and service initiatives in Australia, New Zealand, and throughout the Pacific Rim.

``This second Australian office positions us to provide the best possible coverage for our customers and prospects,'' stated Bruce Quick, Pegasystems' Managing Director in Australia. ``We now have offices in both of Australia's major financial centers -- Sydney and Melbourne.''

The office is located at Level 50, 101 Collins Street, Melbourne. The staff in the Melbourne office will report to Mr. Quick, who is based in Sydney.

About Pegasystems Inc.

Pegasystems is a leading provider of customer relationship management solutions. These solutions allow transaction-intensive businesses to better manage multifaceted customer interactions and automate a broad array of mission-critical service and sales activities across call centers and global service-delivery channels. Pegasystems' rule-driven workflow enables user and marketing departments to mass personalize customer contact; thereby improving staff productivity, operational efficiency, and customer satisfaction. Pegasystems' solutions are Internet-enabled and operate across the broadest array of multi-tiered platforms, including Windows NT, UNIX, and IBM mainframes.

Pegasystems' headquarters is located in Cambridge, Massachusetts, with regional offices in North America, Europe and Australia.
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