Manugistics and Context Integration Announce Strategic Alliance
Companies Delivering Manugistics ExchangeWORKS(TM) Into eBusiness Trading Networks
ROCKVILLE, Md. and BURLINGTON, Mass., Nov. 29 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), a leading global provider of intelligent supply chain and eBusiness solutions for enterprises and marketplaces, and Context Integration, a leading Internet professional services firm, today announced they have entered into a strategic alliance. The alliance is designed to help quickly and reliably deliver Manugistics ExchangeWORKS(TM) exchange platform into eBusiness trading networks in industries ranging from transportation logistics to manufacturing and consumer products. In addition, Context Integration continues as a preferred provider of integration services for ExchangeWORKS.
Context Integration, which launched its digital marketplace solution offering in 1999, is currently under contract with Manugistics for several ExchangeWORKS projects across the Americas and Europe, including a project for FreightWise, a now operational Internet marketplace for buyers and sellers of transportation services targeting third-party logistics services. Each project is designed to create a real-time trading environment for buyers and sellers, provide sophisticated transaction and procurement function, and create the architecture necessary for content management and personalization.
"We selected Context Integration to be a preferred solutions integrator for ExchangeWORKS because of its industry-leading expertise in dynamic trading environments, and its proven successes in building secure, scalable, and reliable digital exchanges," said Howie Heller, vice president of product development at Manugistics. "Because Context Integration's expertise meshes so well with our own standards of excellence and thought leadership, we look forward to a successful alliance relationship."
Context Integration, which originally earned a reputation for excellence in building trading systems for leading Wall Street firms during the company's early years, is today recognized as one of the leading providers of Internet- based relationship commerce, digital marketplace and business intelligence solutions. Context Integration is able to deliver industrial-strength solutions in a competitive fixed-time/fixed-price delivery model by leveraging its integrated business strategy, deep technology expertise and creative design offerings. Context Integration has a proven track record of building scalable, highly secure, and reliable sites for clients including leading Wall Street investment firms, Scudder Kemper, Liberty Financial, Oppenheimer Funds, Hearst Publications, BMG Entertainment, Nickelodeon, Logistics.com and GoCargo.com.
"We are extremely pleased to announce our alliance with Manugistics, and look forward to further enhancing our existing digital marketplace solutions for clients undertaking complex e-commerce initiatives," said Stephen Sharp, CEO, Context Integration. "Manugistics' deep domain expertise, combined with our deep technology expertise, will enable ExchangeWORKS to better serve our joint clients' complex digital exchange business needs across a multitude of industries and geographies."
About Manugistics ExchangeWORKS
ExchangeWORKS helps facilitate sustainable, real-time trading environments and addresses key eBusiness requirements to drive critical collaboration activities with trading partners. Designed to enable recurring trade between many buyers and sellers, ExchangeWORKS helps clients develop and benefit from complex, online business relationships. ExchangeWORKS supports a variety of transaction capabilities, such as auctions, negotiated eCommerce, dynamic pricing, procurement, track and trace, and order and pipeline visibility. In addition, it 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. The application's open architecture enables a modular, end-to-end eBusiness platform that can be configured to fit each client's existing technology infrastructure and integrate with other technology providers.
About Context Integration
Context Integration (www.context.com) is a leading Internet professional services firm, focused on the rapid delivery of innovative and robust business-to-business, or B2B, solutions. Context Integration offers integrated strategy, creative design, technology architecture, solutions construction and applications management services to large enterprise clients and select e-businesses. Context Integration specializes in building relationship commerce management, digital marketplace and business intelligence solutions that are secure, reliable and scaleable. These solutions typically support large numbers of transactions and users, and are integrated with the existing systems infrastructure of our clients, their customers, and partners. Headquartered in Boston, Mass., Context Integration has more than 500 employees in London and nine United States locations.
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 marketplaces. With more than 900 clients, Manugistics powers intelligent decisions to help enable profitable growth in leading companies such as 3Com, Amazon.com, BP, Brown & Williamson, Coca-Cola Bottling, Cisco Systems, Commerx, Compaq, DuPont, FreightWise, General Electric, Harley- Davidson, Hormel, Nestle, Texas Instruments, Timberland and Unilever.
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 August 31, 2000.
Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," and ExchangeWORKS 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.; Context Integration
ST: Maryland, Massachusetts
IN: CPR MLM FIN
SU:
11/29/2000 11:00 EST prnewswire.com |
