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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.41-2.2%2:35 PM EST

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To: Jerome A. Johnson who wrote ()6/7/2000 11:52:00 AM
From: bob zagorin  Read Replies (1) of 1670
 
I bot more today.

A&P Transportation Network to Be Powered by Manugistics

Improved Transportation Key Component of A&P's Project Great Renewal

ROCKVILLE, Md., June 7 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), a leading global provider of intelligent supply chain solutions for enterprises and evolving eBusiness trading networks, today announced that the Great Atlantic and Pacific Tea Company (A&P) (Nasdaq: GAP), one of the nation's largest supermarket chains, has selected Manugistics to power the company's transportation network.

Manugistics NetWORKS Transport(TM) solution will help optimize the flow of inbound and outbound goods across suppliers, distribution centers and stores. Improved transportation is central to A&P's Project Great Renewal, a major investment over four years to develop a state-of-the-art supply chain and business process infrastructure.

Using Manugistics' NetWORKS Transport(TM) solution, A&P expects to significantly enhance product flow to distribution centers, improve the complex routing of multi-point freight movements and enhance communication with carriers through Web-enabled collaboration. The solution is also designed to increase the capacity of A&P's fleet and distribution centers, improve service levels, and dramatically reduce costs.

Manugistics' intelligent decision making capabilities will help enable A&P to control all inbound freight movements from a centralized location. This improved visibility across the entire transportation network is expected to substantially reduce transportation costs. By increasing the size of shipments, capturing and consolidating inbound movements, and performing better carrier selection and performance analysis, A&P projects savings in the millions of dollars.

Previously, A&P's transportation functions were performed independently by each division. Centralized control will enable A&P to communicate shipment information to their carriers via the Web, replacing the need for expensive Electronic Data Interchange (EDI) transactions or time-consuming phone calls.

A&P turned to Manugistics based in large part on the company's more than 20 years of industry experience coupled with a history of solutions that provide for strong return on investment in a short period of time. Manugistics solutions are leveraged by 3 of the top 4 Fortune 500 retailers. Leading retail clients include companies such as Canadian Tire, Heilig-Meyers, Lowes, OfficeMax, Payless Cashways, Ross Stores, Staples, Starbucks, Target, The Gap, and The Limited.

"Manugistics displayed a great depth of knowledge and understanding around the dynamics of the retail environment," said John Metzger, vice president of supply & logistics at A&P. "Not only did they understand the grocery retail environment but they brought their considerable experience with other retail segments to bear in crafting a transportation solution to fit with A&P's Great Renewal Project."

"Today's retail market is complex with increasing demands due to escalating customer expectations and channel convergence of retail, e-tail and click and mortar," said Rich Bergmann, executive vice president of global sales and services at Manugistics. "A&P's selection of Manugistics as a key component in their Great Renewal Project clearly demonstrates that Manugistics is uniquely positioned to help enable profitable fulfillment for today's leading retailers as they transform their business processes."

NetWORKS Transport is also a component of the Manugistics Retail Solution; a comprehensive solution designed to enable today's retailer to achieve profitable sourcing and fulfillment.

About The Great Atlantic & Pacific Tea Company

Founded in 1859, The Great Atlantic & Pacific Tea Company, Inc. is one of America's top ten supermarket chains. The company operates in 15 states, the District of Columbia and Canada under the following trade names: A&P, Waldbaum's, Super Fresh, Farmer Jack, Sav-A-Center, Super Foodmart, Food Emporium, Kohl's, Dominion, Food Basics, The Barn Markets, and Ultra Food & Drug.

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," 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; Great Atlantic and Pacific Tea Company

ST: Maryland

IN: REA CPR FIN

SU:

06/07/2000 11:24 EDT prnewswire.com
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