Manugistics to Provide Collaborative eCommerce Solutions to eDefined.com
ROCKVILLE, Md., May 3 /PRNewswire/ -- Manugistics Group, Inc., (Nasdaq: MANU), a leading provider of eBusiness solutions that enable intelligent decisions across trading networks, today announced an agreement with financial services, vertical portal provider eDefined.com. Manugistics will provide collaborative eCommerce and integration solutions to the United Kingdom-based dot-com company.
Manugistics NetWORKS Collaborate(TM) and WebConnect(TM) solutions will power eDefined's new vertical portal offerings. eDefined's first Internet- based offering is expected to match a company selling its fleet of cars with prospective car purchasers. Customers who visit the password-protected eDefined.com Web site will be able to choose cars, obtain financing, and arrange for delivery. In addition, eDefined plans to allow consumers to make other Internet purchases using the company's Wildcard -- a consumer credit card.
"Innovative Internet companies are increasingly looking to leverage Manugistics eBusiness intelligence to help enable profitable growth in a crowded dot-com market," said Terry Austin, executive vice president of electronics and high technology at Manugistics. "Our NetWORKS(TM) solutions, and open-standards integration technology, are particularly suited for companies like eDefined.com that seek quicker time to market, and scalability to accommodate rapid growth."
"The eDefined.com solution is designed to provide consumers with a rich purchasing experience via the Internet, including selecting products and obtaining financing, in just one visit to the Web site. Manugistics software is used as the key driver within the system," said Alan Campbell, chief executive of eDefined. "Manugistics saw a clear fit for their capabilities based on our market needs. We were particularly impressed by the flexibility of the NetWORKS solutions and WebWORKS(TM) XML-based architecture, which will enable us to be more agile and responsive to changing market drivers."
About Manugistics, Inc.
Headquartered in Rockville, Md., Manugistics Group, Inc. is a 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.
For additional information regarding this announcement, contact the Manugistics Newsbureau Hotline at 301-984-5330.
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Manugistics limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, competition, risks related to quarterly performance, risks of system interruption, management of potential growth, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Manugistics financial results is included in Manugistics filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended February 28, 1999 and Quarterly Reports on Form 10-Q for the quarters ended May 31, 1999, August 31, 1999, and November 31, 1999.
Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," NetWORKS, WebWORKS, NetWORKS Collaborate and WebConnect 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.; eDefined.com
ST: Maryland; England
IN: CPR FIN MLM
SU: PDT
05/03/2000 10:27 EDT prnewswire.com |
