Pegasystems Completes Acquisition of Turkish Partner, Ultima Information Technology

CAMBRIDGE, MA--(Marketwired - October 31, 2014) - Pegasystems Inc. (NASDAQ: PEGA), the software company powering the digital enterprise, today announced it has completed the acquisition of Ultima Information Technology based in Istanbul, Turkey. Terms of the deal have not been disclosed.

Ultima will be re-named Pegasystems Information Technology, or Pegasystems IT, and will provide additional local sales, delivery and support resources to the Turkish market.

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About Pegasystems

Pegasystems Build for Change^® Platform is the heart of Better Business Software^®. It delivers business agility and empowers leading organizations to rapidly close execution gaps and seize new opportunities. Pegasystems leverages its recognized leadership in Business Process Management (BPM), Multi-Channel Customer Relationship Management (CRM), Business Rules, and Adaptive Analytics to uniquely give its clients the power to engage customers, simplify operations and Build For Change^®. For more information, please visit us at www.pega.com.

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