Manugistics to Power FreightWise Online Marketplace
FreightWise Web Site to Become the Electronic Marketplace
For Transportation Services
BOSTON, Jan. 25 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), today announced it has partnered with FreightWise, Inc., a new e-commerce initiative of the Burlington Northern Santa Fe Corporation (BNSF). Manugistics' eBusiness solutions will enable FreightWise to offer an online marketplace for buyers and sellers of transportation services and information.
Manugistics NetWORKS(TM) suite of eBusiness solutions will allow FreightWise customers to adapt to changing market needs and capitalize on new market opportunities. Using Manugistics' NetWORKS Transport(TM) -- a transportation solution enabling businesses and trading partners to share, view and execute decisions based on real-time information -- the FreightWise Web site will automate transportation and logistics processes, reviewing and selecting the most effective and efficient transportation services across a virtual enterprise.
"This is not just a software buy, but rather, FreightWise is committing to a strategic partnership with Manugistics to grow the vision of making transportation easier," said Owen Zidar, vice president of FreightWise. "It is a value-added relationship because Manugistics has the expertise, knowledge and customer base to provide FreightWise with the best solutions to accomplish our business objectives."
"FreightWise is an example of an early mover in a fast-growing market," said Gregory J. Owens, president and CEO of Manugistics. "Using Manugistics to power an intelligent exchange, FreightWise is providing compelling value to both transportation carriers and their customers."
Manugistics NetWORKS suite is powered by the Manugistics WebWORKS(TM) architecture designed for business-to-business information exchange using XML (extensible markup language). This component-based architecture accessed by a common user experience -- VIEWpoint(TM) -- enables synchronized intelligence for the extended trading network or markets between customers, suppliers and trading partners.
About FreightWise, Inc.
FreightWise, Inc. is an electronic marketplace for buyers and sellers of transportation -- revolutionizing the industry through the efficient and effective exchange of services and information. The company expects to launch its site, freightwise.com, in Q2 2000, and represents a new e-commerce initiative undertaken by the Burlington Northern Santa Fe Corporation (BNSF).
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 over 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 NetWORKS, WebWORKS, VIEWpoint and NetWORKS Transport 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.; FreightWise, Inc.
ST: Massachusetts
IN: CPR
SU: PDT
01/25/2000 08:06 EST prnewswire.com |
