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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.40-0.8%Dec 9 3:59 PM EST

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To: Jerome A. Johnson who started this subject11/13/2000 7:48:57 PM
From: bob zagorin   of 1670
 
Manugistics Announces Gregory C. Cudahy to Lead Talus Integration AndPricing and Revenue Management Group

Consulting Veteran Joins Manugistics Executive Management Team

ROCKVILLE, Md., Nov. 13 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), a leading global provider of intelligent supply chain and eBusiness solutions for enterprises and evolving trading networks, today announced that Gregory C. Cudahy has been named executive vice-president of pricing and revenue management. In this new position, Cudahy will be responsible for the Talus pricing and revenue optimization solutions and integrating them into Manugistics' core business. In addition, he will provide leadership for Manugistics' strategic consulting efforts on a global basis.

Cudahy comes to Manugistics from Andersen Consulting where he was the partner responsible for the North American practice of the firm's Supply Chain Management (SCM) Line of Business. During Cudahy's tenure at Andersen, he oversaw the strategic application of supply chain technologies across a variety of industries including consumer goods, high technology, and media and entertainment. Over his 13 year consulting career he has sold and 'led dozens of client programs and has conducted nearly 20 supply chain optimization engagements. His most recent work focused on the integration of SCM and Customer Relationship Management (CRM) technologies to help support margin optimization, as well as deliver eFulfillment capabilities.

"Greg's capabilities are ideal for bringing integrated Manugistics-Talus pricing and revenue optimization solutions to market," said Greg Owens, Manugistics CEO and president. "His dynamic leadership capabilities, proven track record of selling to and managing critical relationships with large clients and building a team will be key to the rapid integration of Talus's technology and people into the Manugistics' team."

"Manugistics is leading the market into the next wave of profitability- focused business solutions," said Cudahy. "The total end-to-end solutions we envision will 'help optimize both the supply and demand chains, enhancing productivity, as well as margin and revenue contribution. I look forward to helping create breakthrough results for our clients across all key industries."

Today's appointment is designed to speed delivery to market of a Manugistics solution-set that will incorporate the powerful capabilities provided by Talus Solutions, Inc., the world leader in Pricing and Revenue Optimization (PRO) products and services. This past September, Manugistics announced its agreement to acquire the Atlanta, Ga.-based Company. The acquisition is expected to be completed by the middle of Manugistics' fourth fiscal quarter.

Prior to Andersen Consulting, Cudahy held management positions at Computer Sciences Corporation and Deloitte Consulting, as well as engineering positions at Texas Instruments and Control Data Corporation. He began his career programming advanced applications for the military while at a university- affiliated research institute.

Cudahy holds a Master's of Business Administration, in finance and international business, from the Fuqua School of Business at Duke University, and a 'Bachelor's Degree in Electrical Engineering and Economics from the University of Dayton. He has also pursued graduate studies at UCLA and the University of International Business and Economics in Beijing, China.

About Manugistics Group, Inc.

Headquartered in Rockville, Md., Manugistics Group, Inc. is a leading global provider of intelligent supply chain and eBusiness solutions for enterprises and evolving trading networks. With more than 900 clients, Manugistics powers intelligent decisions for profitable growth in leading companies such as 3Com, Amazon.com, BP, Cisco Systems, Coca-Cola Bottling, Commerx, Compaq, DuPont, FreightWise, General Electric, Harley-Davidson, Hormel, Nestle, Texas Instruments, Timberland and Unilever.

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 August 31, 2000.

Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," and NetWORKS 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

IN: CPR MLM

SU: PER

11/13/2000 11:31 EST prnewswire.com
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