DALLAS and SAN MATEO, Calif., Feb 3, 2000 /PRNewswire via COMTEX/ -- i2 Technologies, Inc. (Nasdaq: ITWO), the leading provider of intelligent eBusiness solutions, and Siebel Systems, Inc. (Nasdaq: SEBL), the world's leading supplier of eBusiness applications software, announced today an agreement to provide an unmatched end-to-end solution that is intended to enable companies to gain a powerful complementary suite of customer management and fulfillment solutions.
Through this strategic alliance, joint Siebel Systems and i2 customers should benefit from having Siebel Systems' customer-centric eBusiness applications seamlessly linked to i2's personalization, order fulfillment and supply chain optimization solutions. i2 also intends to integrate its suite of Service Assets Management Solutions with Siebel Field Service products to offer a complete field service solution to the industry.
The integrated offering is designed to provide companies with the ability to dynamically support all customer touch-points by gathering customer information and tailoring the interactions in all related applications. Customer information that is captured in Siebel eBusiness Applications in the field, in call centers, through resellers, or over the Web can be used to drive i2's intelligent personalization and fulfillment solutions. The integration of i2's Internet Fulfillment Server with Siebel eBusiness Applications should provide the capabilities to help businesses with consistent and reliable order fulfillment over the Internet. Integration of the two companies' products and services is scheduled for completion in the second quarter of this year.
"Our partnership with Siebel Systems brings together two of the best software solutions to deliver the ultimate experience for a customer, combining both personalization and customer-centricity with reliable order fulfillment commitments," said Greg Brady, president of i2. "i2 and Siebel Systems are fully committed to this alliance for the benefit of our joint customers. This will increase our appeal to a wider set of customers and partners such as IBM."
"i2 provides its customers with state-of-the-art intelligent eBusiness and supply chain capabilities," said Paul Wahl, president and COO of Siebel Systems. "With i2 as a strategic partner, we can provide a powerful solution that leverages customer information gathered across multiple distribution channels and combine it with i2's personalization and fulfillment engines to improve customer satisfaction."
"IBM is very pleased to see this degree of collaboration between i2 and Siebel Systems since they are premier solution providers and partners of IBM," said Greg Corgan, IBM General Manager, Multi-Industry Solutions. "Our customers will benefit from the expertise of these two companies and the delivery of this end-to-end eBusiness solution."
i2 and Siebel Systems have entered into joint strategic alliance agreements and will initiate joint sales and marketing programs effective immediately.
About Siebel Systems Siebel Systems, Inc. is the world's leading provider of eBusiness applications software. Siebel Systems provides an integrated family of eBusiness application software enabling multi-channel sales, marketing and customer service systems to be deployed over the Web, call centers, field, reseller channels, retail and dealer networks. Siebel Systems' sales and service facilities are deployed locally in more than 26 countries. For more information, please visit our Web site at www.Siebel.com.
About i2 i2 is the leading global provider of intelligent eBusiness solutions. Founded in 1988, i2's vision is to add $50 billion of value for its customers by the year 2005. i2 is headquartered in Dallas, TX, has approximately 2,800 employees and maintains offices worldwide. For additional information, visit i2 on the Web at www.i2.com, or attend PLANET2000, Vienna from May 10 - 12, 2000, or PLANET2000, San Diego, Oct. 8 - 11, 2000. For more information, visit www.PLANET.i2.com or call 1-877-4PLANET.
TradeMatrix(TM) is a dynamic offering of solutions, services and marketplaces. TradeMatrix includes the broadest spectrum of solutions and hosted services available, enabling customers, partners, suppliers, and service providers to conduct business in real-time, and to make more profitable decisions. TradeMatrix also provides an Internet marketplace powered by i2's advanced optimization and execution capabilities for improved decision-making. Media Contacts Tamara Ireland Stone Sue LaDow Director of Public Relations i2 Technologies (650) 295-5455 (469) 357-3027 tstone@siebel.com susan_ladow@i2.com
Cautionary Language This press release may contain forward-looking statements that involve risks and uncertainties, including statements regarding the expected delivery and benefits of use of i2's products. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. For additional discussion of factors, which could impact i2's financial results, please refer to the Company's recent filings with the SEC, particularly the Form 8-K filed November 30, 1999 and Form 10-Q filed November 15, 1999.
Siebel is a trademark of Siebel Systems, Inc. and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only. Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. The success of the agreements and products described above and the future operating results of Siebel Systems, Inc. may differ from the results discussed or forecasted in the forward-looking statements due to factors that include, but are not limited to, risks associated with the eBusiness applications market, dependence on the Internet, risks associated with new versions and new products and risks associated with rapid technological change. Further information on potential factors that could affect the financial results of Siebel Systems, Inc. are included in Siebel Systems, Inc.'s Report on Form 10-Q for the fiscal quarter ended March 31, 1999 and its other filings with the Securities and Exchange Commission.
SOURCE i2 Technologies, Inc. (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Tamara Ireland Stone, Director of Public Relations of Siebel Systems, Inc., 650-295-5455, or email, tstone@siebel.com; or Sue LaDow of i2 Technologies, Inc., 469-357-3027, or email, susan_ladow@i2.com WEB PAGE: siebel.com GEOGRAPHY: Texas California INDUSTRY CODE: CPR MLM SUBJECT CODE: JVN |