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Technology Stocks : J.D. Edwards debut! (JDEC)

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To: bob zagorin who wrote (555)6/21/2000 10:50:00 AM
From: bob zagorin  Read Replies (1) of 583
 
i2 Offers J.D. Edwards Solutions Through TradeMatrix(TM)

i2's TradeMatrix Will Offer J.D. Edwards' OneWorld Suite of Applications Targeted at B2B Start-up Companies

FOCUS 2000, DENVER, June 21 /PRNewswire/ -- J.D. Edwards & Company (Nasdaq: JDEC), a leading provider of agile, collaborative business solutions for the Internet economy, and i2 Technologies, Inc. (Nasdaq: ITWO), the leading provider of intelligent eBusiness solutions, today announced that i2 will offer the J.D. Edwards OneWorld(R) suite of applications hosted within the TradeMatrix(TM) environment.

Under the agreement, J.D. Edwards will provide its solution suite within TradeMatrix and i2 will become the first worldwide distributor of J.D. Edwards' OneWorld. i2 and J.D. Edwards will provide these TradeMatrix solutions to key industries, including their respective base of customers. In addition, the two companies will initiate joint marketing campaigns.

"Business-to-business startup companies will highly benefit from TradeMatrix e-commerce solutions, including the robust J.D. Edwards suite of applications," said Sanjiv Sidhu, i2 chairman and chief executive officer.

"We look forward to the opportunity to expand our reach through this agreement, and to bringing our world-class technology to start-ups and e-businesses worldwide," said Ed McVaney, president, CEO and chairman of J.D. Edwards. "This agreement is a win for both companies involved, and will help our customers succeed in e-business."

"We think that the OneWorld and TradeMatrix combination illustrates what it takes to turn e-commerce into e-business," said Dennis Byron, director of enterprise applications research at IDC. "The i2 and J.D. Edwards combination will provide customers with industrial strength enterprise applications."

About i2

i2 is the leading global provider of intelligent eBusiness solutions. Founded in 1988, i2's mission is to deliver $50 billion in value to its customers by 2005. i2 is headquartered in Dallas, TX, has approximately 4,500 employees and maintains offices worldwide. Visit i2's Web site at i2.com .

TradeMatrix is a comprehensive electronic business solution that enables companies to deploy business-to-business and business-to-consumer e-marketplaces. TradeMatrix services and marketplaces are powered by i2's advanced optimization and execution capabilities for improved decision-making. i2's solutions also provide decision-support and content for procurement, product development, operations, e-commerce and marketplaces. i2's products deliver additional value by reducing production and non-production/MRO spend and increasing revenue and market share by accelerating new product introductions.

NOTE: i2 and the i2 logo design are registered trademarks of i2 Technologies, Inc. TradeMatrix is a trademark of i2 Technologies, Inc.

About J.D. Edwards

J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy. The Company's integrated ActivEra(TM) Solutions deliver supply chain collaboration and fulfillment, and enable business-to-business trading communities in the consumer products, industrial and services industries. The Company's solutions are web-enabled and operate in multiple computing environments.

Founded in 1977, J.D. Edwards is headquartered in Denver and posted fiscal 1999 revenues of $944.2 million. Additional information can be obtained by contacting the Company via the Internet at www.jdedwards.com or at 800-727-5333.

NOTE: J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other product and services of J.D. Edwards used herein are trademarks and registered trademarks of J.D. Edwards World Source Company. All other product names used herein are trademarks or registered trademarks of their respective owners.

The historical results stated above are not necessarily indicative of the results of any future period.

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 factors, which could impact i2's financial results, please refer to the Company's recent filings with the SEC, particularly the Form 10-K filed March 22, 2000. i2 and the i2 logo design are registered trademarks of i2 Technologies, Inc. TradeMatrix is a trademark of i2 Technologies, Inc.

SOURCE J.D. Edwards & Company

CO: J.D. Edwards & Company; i2 Technologies, Inc.

ST: Colorado, Texas

IN: CPR MLM

SU: CON TDS

06/21/2000 08:01 EDT prnewswire.com
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