RightWorks and Manugistics Announce Strategic Alliance to Deliver eBusinessSolutions to Global 2000 Corporations
SCOTTSDALE, Ariz. and ROCKVILLE, Md., Dec. 12 /PRNewswire/ -- RightWorks Corporation, a partner company in the Internet Capital Group (Nasdaq: ICGE) network and a leading provider of second-generation (2G) eBusiness applications, and Manugistics Group, Inc. (Nasdaq: MANU), a leading global provider of intelligent supply chain and eBusiness solutions for enterprises and marketplaces, today announced a strategic alliance to deliver comprehensive eBusiness solutions to Global 2000 corporations.
Together, RightWorks and Manugistics plan to offer Global 2000 corporations marketplace-to-marketplace connectivity; support for the entire purchasing lifecycle; supply chain integration that enables efficient participation in the global economy extending beyond their enterprises and traditional industry boundaries; and real-time decision making capabilities that empower network trading partners to make selective purchasing decisions that will fuel profitable growth.
Specifically, the RightWorks eBusiness Application Suite(TM), which supports the entire eProcurement lifecycle and powers many-to-many trading platforms, will be integrated with Manugistics ExchangeWORKS(TM), an exchange platform designed to enable many-to-many transactions for recurring trade. Additionally, the RightWorks eBusiness Application Suite will also be integrated with the core supply chain management and logistics applications in Manugistics NetWORKS(TM) supply chain and eBusiness product suite -- to provide a comprehensive solution for companies looking to transform into a second-generation eBusiness.
Manugistics will also resell the RightWorks eBusiness Application Suite to existing and prospective customers worldwide, and RightWorks can bring Manugistics' supply chain solutions to its Global 2000 customers. The two companies will also participate in joint sales and marketing activities.
The two companies feature Web-architected, open-standards based solutions which, when integrated, can allow companies to more quickly integrate their marketplaces with others, while providing the global interoperability, adaptability and scalability necessary for companies to succeed in the eBusiness network economy. The two companies expect the alliance will also enable them to dynamically restructure their marketplace offerings to better comprehend changing business conditions, such as market variations and supply and demand fluctuations, as well as changes in customer requirements and partner relationships.
"The strategic alliance between RightWorks and Manugistics leverages the eBusiness expertise of each company and should provide corporations with a more advanced configurable exchange platform for integrated supply chains and intelligent trading networks," said Rich Gerould, senior vice president of corporate development, RightWorks. "Together the two companies are dedicated to offering a comprehensive solution for managing key aspects of corporate spending and enabling the dynamic value chain."
"Manugistics is executing to a strategy to provide comprehensive solutions that address key eCommerce needs while facilitating strong return on investment," said Lori Mitchell-Keller, vice president of technology strategy at Manugistics. "We expect the RightWorks-Manugistics strategic alliance will generate solutions that can fulfill buyer and seller needs for a broad spectrum of eProcurement functionality across enterprises and eMarketplaces."
About RightWorks
RightWorks Corporation (www.rightworks.com) is a leading provider of second-generation eBusiness applications. Founded in 1996, RightWorks is a privately held company backed by Internet Capital Group and Sequoia Capital. Headquartered in San Jose, Calif., RightWorks' more than 350 employees are focused on delivering customer value from locations in 10 countries in North America, Asia, and throughout Europe. With a customer base growing by more than 300% in the last six months, RightWorks' customers include corporations such as CSC, Fujitsu, Industrial America, Juniper Networks, Wells Fargo Bank and others. RightWorks also powers leading e-marketplaces including VerticalNet, Network Commerce, eMerge Interactive, FacilityPro and others.
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 helps power intelligent decisions for profitable growth in leading companies such as 3Com, Amazon.com, BP, Coca-Cola Bottling, Cisco Systems, Compaq, DuPont, eConnections, FreightWise, General Electric, Harley-Davidson, Hormel, Nestle, Texas Instruments 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, 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 its current report on Form 8-K filed on October 10, 2000.
NOTE: Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," ExchangeWORKS and NetWORKS are trademarks, of Manugistics Group, 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 RightWorks Corporation; Manugistics Group, Inc.
12/12/2000 13:47 EST prnewswire.com |
