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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.40-0.8%Dec 9 3:59 PM EST

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To: Jerome A. Johnson who started this subject10/30/2000 7:50:25 PM
From: bob zagorin   of 1670
 
eConnections Extends Relationship With Manugistics

Manugistics Solutions Leveraged by First Intelligent B2B Hub Dedicated to the Electronics Industry

ROCKVILLE, Md., and LOS ANGELES, Oct. 30 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), a leading global provider of intelligent supply chain and eBusiness solutions for enterprises and evolving trading networks, today announced that eConnections, a provider of next generation B2B supply chain management solutions for the electronic industry, will leverage Manugistics NetWORKS(TM) to offer enhanced supply chain management (SCM) services.

"We selected Manugistics because of our prior success using the company's solutions, and feel that Manugistics' solutions can help us execute our plan to fully integrate the electronics industry supply chain from component suppliers and distributors on to the ultimate original equipment manufacturer," said Rob Rodin, chairman and CEO of eConnections. "Manugistics NetWORKS solutions are central to our success, assisting clients of eConnections to exchange business knowledge in a real-time, collaborative on- line environment to fill end customer orders."

"As a solution provider of choice for eConnections, we look forward to meeting the long-term needs of this growing, intelligent B2B hub for the electronics industry," said Terry Austin, executive vice president of electronics and high-technology at Manugistics. "Our solutions are extremely well suited for the electronics and high tech industry which requires extremely scalable, configurable, speedy and robust applications."

About Manugistics Group, Inc.

Headquartered in Rockville, Md., Manugistics Group, Inc. is a leading global provider of intelligent supply chain and eBusiness solutions for enterprises and evolving trading networks. With more than 900 clients, Manugistics powers intelligent decisions for profitable growth in leading companies such as 3Com, Brown & Williamson, Coca-Cola Bottling, Cisco Systems, Commerx, Compaq, DuPont, FreightWise, General Electric, Harley-Davidson, Hormel, Nestle, Texas Instruments, Timberland and Unilever.

For additional information regarding this announcement, contact the Manugistics Newsbureau Hotline at 301-984-5330

About eConnections, Inc.

eConnections represents the next-generation of solutions for supply chain management for the electronics industry. Built by a team with deep domain expertise, eConnections streamlines the complex process of bringing electronics products to market, giving supply chain partners an intelligent, integrated and customizable system with direct authorized connections to electronic component suppliers and distributors. For more information, visit econnections.com .

This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, 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 29, 2000, and Quarterly Report on Form 10-Q for the quarter ended May 31, 2000.

Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," 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.; eConnections, Inc.

ST: Maryland, California

IN: MLM CPR

SU:

10/30/2000 10:59 EST prnewswire.com
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