SOURCE: Peegasystems

Peegasystems

November 13, 2014 09:30 ET

Pegasystems Founder and CEO Alan Trefler Inducted Into the Academy of Distinguished Entrepreneurs at Babson College

Boston Area Business Leader Recognized for His Economic and Social Contributions

CAMBRIDGE, MA--(Marketwired - Nov 13, 2014) - Pegasystems Inc. (NASDAQ: PEGA), the software company powering the digital enterprise, today announced that Pegasystems founder and CEO Alan Trefler is being inducted into the Academy of Distinguished Entrepreneurs at Babson College. Mr. Trefler is one of three inductees honored this year, along with Diane Hessan, founder and Chairman of Communispace, and Graham Weston, co-founder and Chairman of Rackspace.

The Academy of Distinguished Entrepreneurs, established in 1978, is the world's first entrepreneurship hall of fame. It includes 98 notable business figures such as Ray A. Kroc, former CEO of McDonald's, Richard Branson, Chairman of the Virgin Group, and Kay Koplovitz, founder of USA Networks and CEO, Working Woman Network, Inc. The Academy recognizes and honors entrepreneurs who have contributed significantly to the development of global free enterprise. Collectively, the 98 members of the Academy have created millions of jobs and improved societies around the world. The November 13 ceremony kicks off Babson College's celebration of Global Entrepreneurship Week 2014, a week of events honoring innovation, entrepreneurship and creativity.

"We are privileged to recognize Alan with this honor and add him to a remarkable list of inductees," said Janet Strimaitis, Executive Director of the Arthur M. Blank Center for Entrepreneurship. "The extraordinary accomplishments of our newest inductees illustrate what we believe here at Babson: there are many pathways to entrepreneurship."

"It's an honor to join such an impressive group of business leaders," said Mr. Trefler, "each of whom has made a unique and significant impact on their industry and community. I applaud the Academy for its work to both encourage and recognize entrepreneurship and congratulate my fellow inductees, Diane Hessan and Graham Weston."

Since founding Pegasystems in 1983, Mr. Trefler has built a team that has created a global business with more than 3,000 staff, 30 offices worldwide and more than half a billion dollars in annual revenue. His vision is helping transform some of the world's largest global enterprises to better serve customers, streamline business operations and adapt to constant change. Mr. Trefler has been named Public Company CEO of the Year by the Massachusetts Technology Leadership Council and has received the American Business Award's Software CEO of the Year. He has received five patents for his technological innovations at Pegasystems. Mr. Trefler is also the author of the best-selling book, "Build for Change: Revolutionizing Customer Engagement through Continuous Digital Innovation," which outlines a path to success for organizations facing the challenges of empowered customers in a digital age.

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About Pegasystems
Pegasystems (NASDAQ: PEGA) develops strategic applications for sales, marketing, service and operations. Pega's applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega's global 500 customers include the world's largest and most sophisticated enterprises. Pega's applications, available on-premises or in the cloud, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients' strategic business needs. Pega's clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use and global scale. For more information, please visit us at www.pega.com.

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