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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.43-2.0%11:12 AM EST

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To: Jerome A. Johnson who started this subject7/17/2000 10:35:19 AM
From: bob zagorin   of 1670
 
Greg Owens Outlines Imperatives for eBusiness Success

Manugistics CEO and President Kicks Off enVISION2000;

Positions Company at Center of Dynamic Internet Marketplace

ORLANDO, Fla., July 17 /PRNewswire/ -- Business trading networks of the future will need to incorporate exchange frameworks, procurement and sourcing, logistics brokering and overall trading network optimization to succeed in a dynamic marketplace -- and Manugistics Group Inc. (Nasdaq: MANU) will be central to that process. That was the message of Greg Owens, Manugistics' president and CEO, as he kicked off the company's award-winning enVISION2000 conference today.

Speaking before leading corporate executives, press, analysts and Manugistics' partners, Owens outlined how Manugistics plans to deliver on these eBusiness requirements to help its customers create and sustain competitive advantages as traditional supply chain management and B2B eCommerce converge.

The three-day enVISION2000 conference features insights into the battle for Internet dominance, an analysis of new eCommerce channels and other predictions regarding the future of trading exchanges -- together with the technology solutions that can help companies to grow profitably.

In addition to the more than 100 track sessions and exhibitors, the event also features eBusiness thought leaders: Forrester Research vice president and author Mary Modahl; top Amazon.com operations executive Jeff Wilke; Tim Stojka, co-founder and chairman of eMarketplace innovator Commerx, Inc.; and business strategy expert and futurist Peter Schwartz.

Highlights from Owens' presentation:

* "The market is progressing from indirect material exchanges, to direct

materials eNetworks, to intelligent eBusiness trading services and

networks."

* "Supply Chain Management and B2B eCommerce are key ingredients for

companies to competitively differentiate themselves. Manugistics will

continue to lead through innovation and delivery to enable our clients

to achieve this differentiation."

* "A Manugistics-powered intelligent trading network can translate

strategy to action across networks; decide in real-time what is

profitable; drive increased trading network velocity; improve

visibility of trading requirements, options and actions; and

personalize customer response."

* "The market for supply chain solutions has never been stronger and its

convergence with eBusiness uniquely positions us for success.

Leveraging real-time business intelligence will be the competitive

advantage of the future."

"And this convergence has only just begun," said Owens. "Tomorrow's intelligent trading networks will address a wide variety of mission-critical business processes as these eBusiness marketplaces evolve beyond the simple spot transaction."

enVISION2000 showcases most key industries including agriculture, apparel- footwear-textiles, automotive, chemical, consumer goods, electronics and high technology, energy, food, government, healthcare, logistics, mid-market, paper, pharmaceuticals and retail.

For more information about enVISION2000, go to www.manugistics.com/envision2000.

About Manugistics, Inc.

Headquartered in Rockville, Md., Manugistics Group, Inc. is a leading global provider of intelligent supply chain solutions for enterprises and evolving eBusiness trading networks. With more than 900 clients, Manugistics helps power intelligent decisions for profitable growth in leading companies such as Amazon.com, Coca-Cola Bottling, Commerx, Compaq, DuPont, Mobil, FreightWise, General Electric, Harley-Davidson, Hormel, Nestle, Timberland and Unilever.

FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS NEWSBUREAU HOTLINE AT 301-984-5330.

This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, competition, risks related to quarterly performance, risks of system interruption, anticipated client benefits, delivery of software functionality, management of potential growth, and risks of new business areas, international expansion, business combinations and strategic alliances. More information, about factors that potentially could affect Manugistics' financial results is included in Manugistics' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended February 29, 2000 and its Quarterly Report on Form 10-Q for the quarter ended May 31, 2000.

Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," ExchangeWORKS and WebWORKS are trademarks, of Manugistics, Inc. All other product or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. Additional information about Manugistics can be found at the company's site on the World Wide Web, at manugistics.com.

SOURCE Manugistics Group, Inc.

CO: Manugistics Group, Inc.

ST: Maryland, Florida

IN: FIN MLM

SU:

07/17/2000 10:00 EDT prnewswire.com
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