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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.17-1.6%11:35 AM EST

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To: Jerome A. Johnson who wrote ()3/15/2000 11:13:00 AM
From: bob zagorin   of 1670
 
iMotors.com Fuels Growth With Manugistics eBusiness Solutions

ROCKVILLE, Md., March 15 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), today announced that iMotors.com, the first used-car e-tailer, has selected Manugistics to help develop state-of-the-art sourcing solutions. iMotors represents the latest in a series of new economy high-technology companies selecting Manugistics to help power intelligent, profitable decisions for their growing eBusiness trading networks.

iMotors has selected the Manugistics Automotive Solution including WebConnect(TM) to help optimize the company's vehicle sourcing and logistics. WebConnect will help drive continual improvement in iMotors' order fulfillment process, contributing to customer satisfaction and loyalty.

WebConnect's scalability, its ability to better enable systems to support rapid increases in data, business processes and trading partners, is appealing to a growing e-tailer like iMotors.com, which has aggressive plans for expansion and swiftly changing eFulfillment needs.

Based on a unique business model, iMotors utilizes the Internet to provide a personalized experience for consumers looking to purchase one to five-year- old cars. Customers can specify make, model, year, options and color -- and are guaranteed to receive a price lower than the Kelley Blue Book(SM) retail price. Once an order is placed, iMotors.com locates the car out of approximately 1.8 million available nationally. The company buys the car, and inspects, tests, and certifies the vehicle at a state-of-the-art iMotors Vehicle Certification Center (VCC). Upon delivering the vehicle to a customer at an iMotors Delivery Center, iMotors backs each vehicle with a 7-day/700- mile money-back guarantee and a 3-month/3,000-mile warranty. Today iMotors.com can locate, buy, transport, recondition, and deliver most vehicles within a few weeks. Special order requests may take longer.

iMotors recently entered into an exclusive, $300 million, multi-year program with Bechtel to design and construct up to 30 of its state-of-the-art Vehicle Certification Centers (VCCs) worldwide. By the end of this year, iMotors expects to open VCCs to support customer fulfillment in more than 35 cities, covering more than 60 percent of the U.S. used car market.

"As a retailer, iMotors is committed to delivering high-quality, custom- ordered used cars quickly and efficiently to our customers," said Jacque Silver, vice president of technology at iMotors.com. "Fast and efficient procurement is a key component to our ability to continually exceed our customer's expectations. We chose Manugistics for its proven domain experience, its knowledge and experience in the automotive industry, and its commitment to providing additional solutions as we grow."

"Leveraging intelligence for growth and profitable decisions through systems like Manugistics is a critical business factor for today's top emerging Internet players like iMotors," said Rich Bergmann, global vice president of sales and services, Manugistics.

"iMotors' selection of the Manugistics solution continues to validate our business model for emerging eBusiness trading networks."

About iMotors.com

iMotors.com was launched in September 1999 as the Internet's first real e- commerce auto company, allowing customers to order and purchase used vehicles online. iMotors.com is a privately held company, backed by a renowned group of investors with successful track records at leading land-based retail and internet/e-commerce businesses. Investors include Oak Investment Partners, Global Retail Partners, Trinity Ventures, Vulcan Ventures, Rosewood Capital Partners, Moore Capital Management, Inc., and MeriTech Capital Partners. For additional information, visit www.imotors.com or call 888-IMOTORS (466-8677).

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 clients, 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 WebConnect is a trademark, 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.; iMotors.com

ST: Maryland

IN: MLM AUT REA

SU:

03/15/2000 11:06 EST prnewswire.com
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