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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 subject	12/1/2000 1:33:56 PM
From: LaVerne E. Olney	of 1670

Manugistics gets contract to support U.S. gov agency NEW YORK, Dec 1 (Reuters) - Manugistics Group Inc. (NasdaqNM:MANU - news) Inc. said on Friday it signed a software licensing and consulting contract with Andersen Consulting in support of the U.S. military's Defense Logistics Agency. The Rockville, Md.-based Internet business services company said the multi-year contract is the largest in its history and a milestone in its strategy of pursuing government markets. The incentive-based contract between Andersen and the DLA is worth up to $389.8 million. Andersen is a global management and technology consulting firm. In August, the DLA announced that it had selected Andersen to lead a five-year makeover of the military forces' logistics operations to reflect commercial practices. Headquartered at Fort Belvoir, Va., the DLA is the military's one source for nearly every consumable item, whether for combat readiness, emergency preparedness or day-to-day operations.

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