ADVISORY/Pegasystems to Present At CIBC World Markets Enterprise and eBusiness Software Conference.

Business/Technology Editors

ADVISORY...for Tuesday, Aug. 6

--(BUSINESS WIRE)

WHO:   Pegasystems Inc. (NASDAQ: PEGA), a leader in
       rules-driven business process management solutions
       that deliver significant productivity benefits to
       a blue-chip customer base.

WHAT:  Rick Jones, current vice chairman and former COO of
       Pegasystems, will present a market overview and
       Pegasystems' business highlights for the first-half
       of 2002 to members of the investment community in
       attendance at the CIBC World Markets Enterprise and
       eBusiness Software Conference.

       The presentation will be Webcast live and can be accessed by
       visiting:

       http://events01.activate.net/cibc/3310/registration/
default.asp?pID=3373

WHEN:  4:45 p.m. EST, August 6th, 2002

WHERE: New York Palace
       455 Madison Avenue
       New York, NY  10022