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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.28+0.3%Dec 17 3:59 PM EST

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To: Mark Peterson CPA who wrote (1318)8/2/1999 11:15:00 AM
From: bob zagorin   of 1670
 
Manugistics Enables Shell to Optimize Demand Planning

ROCKVILLE, Md., Aug. 2 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), today announced it has signed a new contract with Shell Nederland Verkoopmaatschappij b.v., the Rotterdam-based oil supplier and part of the world-wide Shell Group. With Manugistics' demand planning extended edition software, Shell will be able to plan customer demand for oil products in various countries in Western Europe. Shell will also use the system to support the demand planning process for its bulk fuels business, enabling it to reduce hydrocarbon inventories and cut supply chain costs.

"Demand Planning forms one of the cornerstones of our drive towards world class supply chain management in Europe," said Paul Goodrum, Business Process Adviser for Shell Europe Oil Products. "After a successful pilot project last year and a thorough survey of the market for demand planning systems, we are pleased to have chosen Manugistics as the software provider for this important initiative."

"This contract enables us to form a strategic relationship with Shell and enhances our position as the leader in this sector." said Arthur Vonchek, Manugistics vice-president of field operations in Europe. "It strengthens our commitment to the oil, gas and chemical sector."

Headquartered in Rockville, MD, Manugistics Group, Inc. is a leading provider of customer-centric supply chain optimization and has the largest global client base of any supply chain provider. The company's solutions are used by nearly 900 companies to improve the flow of product within and among companies from raw materials or parts through manufacturing to delivery of product to the end customer. Manugistics' solutions uniquely allow its clients to create and optimize their supply chains around their customers and are quick to implement, adapt easily to change, and deliver rapid results. Its clients include leading companies such as Campbell Soup, Compaq, DuPont, General Electric, Harley-Davidson, Mobil, Nestle, Timberland, United Distillers and Vintners, and Wal-Mart.

Manugistics and the Manugistics logo are registered. 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 www.manugistics.com.

SOURCE Manugistics Group, Inc.

CO: Manugistics Group, Inc.; Shell Nederland Verkoopmaatschappij b.v.

ST: Maryland, Netherlands

IN: CPR OIL

SU:

08/02/99 10:56 EDT prnewswire.com
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