Manugistics Unveils ExchangeWORKS(TM) Configurable Exchange Platform for Integrated Supply Chains And Intelligent eMarketplaces
ROCKVILLE, Md., May 31 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU) today unveiled ExchangeWORKS(TM), an advanced configurable exchange platform for integrated supply chains and intelligent eMarketplaces. Developed with best of breed technology components, ExchangeWORKS extends the Manugistics WebWORKS(TM) architecture -- building a complete Manugistics- powered eBusiness trading environment.
"Manugistics ExchangeWORKS provides a comprehensive eBusiness platform configurable to client needs," said Greg Owens, Manugistics' president and CEO. "We are providing the essential components for eBusiness: intelligent engines, collaborative services, an integration platform and, now, an exchange platform."
Owens continued, "Manugistics ExchangeWORKS, the WebConnect(TM) integration platform and the NetWORKS(TM) family of products provide our clients with a comprehensive intelligent eBusiness trading environment."
ExchangeWORKS helps facilitate a sustainable, real-time trading environment that addresses key eBusiness requirements. Designed to enable recurring trade between many buyers and sellers, ExchangeWORKS helps clients develop and benefit from complex on-line business relationships. Clients are able to choose transaction capabilities such as auctions, negotiated eCommerce, dynamic pricing, procurement, track and trace, and order and pipeline visibility.
In addition, ExchangeWORKS provides the underlying foundation for these transactions with capabilities such as content aggregation, profile management and personalization, information repository, real-time alerts, integration for financial clearinghouse functions and many-to-many data and functional security. Furthermore, ExchangeWORKS' open architecture enables a modular, end-to-end eBusiness platform that can be configured to fit a client's existing technology infrastructure and integrate with other technology providers.
Many ExchangeWORKS capabilities have been implemented by FreightWise, Inc., an online marketplace that is designed to make transportation management easier, more profitable and reliable for shippers, carriers and third party providers.
"We chose Manugistics for its deep domain experience, eBusiness expertise and history of proven results to power our online marketplace for buyers and sellers of transportation services and information," said Owen Zidar, vice president of FreightWise, Inc. "ExchangeWORKS is one more validation of our belief that Manugistics has the vision and the technology to address our current requirements, and the business challenges yet to arise."
Additional technology contributors to ExchangeWORKS include BEA, BroadVision, Extricity, Intelisys, OnDisplay and others. In addition, as new eBusiness challenges and requirements emerge, Manugistics will continue to innovate and expand the capabilities of ExchangeWORKS through in-house development and alliances with leading technology innovators.
About Manugistics, Inc.
Headquartered in Rockville, Md., Manugistics Group, Inc. is a leading global provider of intelligent supply chain solutions for enterprises and evolving eBusiness 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, anticipated client benefits, delivery of software functionality, 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 29, 2000 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," ExchangeWORKS, WebWORKS, WebConnect, 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.; FreightWise, Inc.
ST: Maryland
IN: CPR MLM
SU: PDT
05/31/2000 14:41 EDT prnewswire.com |
