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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.23+0.2%Dec 16 3:59 PM EST

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To: bob zagorin who wrote (1401)1/25/2000 10:21:00 AM
From: bob zagorin  Read Replies (1) of 1670
 
Manugistics Announces New bstreamz(TM) eBusiness Solution For the Consumer Goods Marketplace

Company-Sponsored Exchange, consumerstreamz.com(TM),

Unveiled for Consumer Goods Companies

BOSTON, Jan. 25 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), the leading provider of eBusiness solutions that enable intelligent decisions across trading networks today announced, at its "eVision Summit," consumerstreamz.com -- an innovative trading exchange connecting consumer goods companies with their partners. This offering is part of Manugistics' bstreamz eBusiness solutions family and is the company's first offering designed for a specific marketplace. The Company plans to initiate similar offerings for other marketplaces capitalizing on the Manugistics' WebWORKS(TM) eBusiness architecture, NetWORKS(TM) eBusiness solutions, and a client base of more than 900 companies across multiple industry markets.

The Manugistics' newly sponsored exchange -- consumerstreamz.com -- allows companies to quickly transform their linear supply chain into an intelligent eBusiness network through the dynamic exchange and optimization of trading information. This offering will connect participating consumer goods companies and their partners to drive real-time intelligence for trading, collaboration and demand forecasting. As a dynamic Internet marketplace, consumerstreamz.com, will provide consumer goods companies the ability to translate strategy into action through business process intelligence thereby enhancing the ability to drive profitable growth.

"Manugistics innovative consumerstreamz.com proposed offering has been received with enthusiasm from many of our consumer goods clients," said Greg Owens, president and chief executive officer. "Building on our strength in providing supply chain solutions to 8 of the top 10 consumer products companies in the Fortune 500, we are well positioned to continue to add value to our consumer products clients driving intelligent decisions across their trading communities."

Manugistics' new bstreamz offerings, powered by Web-enabled intelligence, allow extended trading communities to add value across all partners, enabling faster time to market, improved operational efficiencies, and greater customer satisfaction. Consumer trading partner collaboration enabled through consumerstreamz.com will drive greater supply chain efficiencies as users have the intelligence required to quickly react to market changes.

About Manugistics, Inc.

Headquartered in Rockville, MD, Manugistics Group, Inc. is the leading provider of eBusiness solutions that enable intelligent decisions across trading networks. With more than 900 client partnerships, Manugistics powers intelligent decisions for profitable growth in leading companies such as Coca-Cola Bottling, Compaq, DuPont, General Electric, Harley-Davidson, Hormel, Mobil, Nestle, Timberland, Unilever, United Distillers and Vintners, and Wal-Mart.

Manugistics, the Manugistics logo, and working as one are registered trademarks, and bstreamz, consumerstreamz.com, WebWORKS 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: Massachusetts

IN: MLM

SU: PDT

01/25/2000 08:06 EST prnewswire.com
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