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Technology Stocks : Manugistics, Inc. (MANU)
MANU 15.45-0.5%3:25 PM EST

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To: bob zagorin who wrote (1583)2/13/2001 12:29:03 PM
From: bob zagorin   of 1670
 
Manugistics Continues to Execute Aggressive Technology Strategy

New Commerce Management Solutions Aim to Streamline and Improve the Order Lifecycle Process for Global 2000 Companies

SAN FRANCISCO, Feb. 13 /PRNewswire/ -- Manugistics Group, Inc. (Nasdaq: MANU), the premier global provider of Enterprise Profit Optimization(TM) (EPO) solutions -- the powerful combination of supply chain management and pricing and revenue optimization solutions -- for enterprises and marketplaces, today announced the launch of its Commerce Management solutions, the next phase of an aggressive technology strategy.

Manugistics Commerce Management solutions combine best-of-breed partner offerings with Manugistics collaborative, marketplace and optimization solutions helping to ensure that the transactional requirements of both private and public marketplaces can be seamlessly integrated across the supply-demand network. The solutions help satisfy the integrated transaction and collaboration requirements needed for efficient strategic sourcing, eProcurement, product lifecycle management, supplier enablement, order processing, and content management.

"Our aggressive technology strategy is enabling our clients to meet, collaborate, optimize, and transact across the extended supply-demand network to streamline and improve the order lifecycle process," said Greg Owens, Manugistics chairman and chief executive officer, at the company's Strategy Summit. "These new Commerce Management solutions are another step in our technology strategy to provide total solutions for strong return on investment for our clients."

Manugistics' Commerce Management solutions strategy encompasses a best-of- breed partner portfolio -- including Agile Software, NetVendor, RightWorks, webMethods and others.

These solutions will provide Global 2000 clients the ability to decrease direct material costs, decrease excess and obsolete inventory costs and to increase revenue through increased customer satisfaction. The solutions are designed to improve purchasing flexibility, decrease supplier variability, more effectively manage new product introductions and end of product lifecycle phase-outs, and streamline order fulfillment.

About Agile Software

Agile Software Corporation (Nasdaq: AGIL) is a leading supplier of business-to-business collaborative manufacturing commerce solutions. Agile products enable supply chain partners to communicate and collaborate over the Internet about new or changing product content, and then source and procure the required components. At MyAgile.com, Agile also provides the dispersed supply chain with mission-critical eServices such as online marketplaces, custom part procurement, wireless access, and components research. Agile customers include Agilent Technologies, Compaq Computer, Dell Computer, Flextronics International, GE Medical Systems, Hewlett-Packard, Lucent Technologies, Philips, Texas Instruments, and others. For more information, call 408-975-3900, or visit Agile at agilesoft.com .

About NetVendor Inc.

NetVendor, a leading provider of collaborative Internet software and services for B2B supplier enablement, is expert at tackling the unique and complex e-commerce needs of its clients. NetVendor's solutions empower manufacturers and distributors to automate and manage product sales, service and distribution channels over the Internet, allowing them to facilitate collaborative B2B e-commerce with their trading partners so they can reach more customers than ever before. NetVendor is headquartered in Atlanta, GA and has offices throughout North America. For additional information, contact NetVendor at 800-953-5606 or 404-836-7836. NetVendor is a member of the Internet Capital Group (Nasdaq: ICGE) network of partner companies.

About RightWorks

RightWorks Corporation is a leading provider of second-generation e- business applications. Founded in 1996, RightWorks is a privately held company backed by leading venture capital firms. 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, Wells Fargo Bank and others. RightWorks also powers leading e- marketplaces including VerticalNet, Network Commerce, eMerge Interactive, FacilityPro and others.

About webMethods, Inc.

webMethods, Inc. (Nasdaq: WEBM) is the leading provider of software solutions for business-to-business integration (B2Bi). As the only company providing seamless B2Bi across the Internet and throughout the extended enterprise, webMethods provides Global 2000 companies and B2B marketplaces with a complete, end-to-end solution for integrating customers, suppliers and partners into real-time B2B trading networks, while also increasing internal operational efficiencies. The webMethods product family allows companies to create new revenue opportunities, strengthen relationships with customers, substantially reduce supply chain inefficiencies and streamline internal business processes.

Founded in 1996, webMethods is based in Fairfax, Va., with offices across the U.S., Europe and Asia. With an emphasis on key vertical markets such as chemicals, financial services, high-tech manufacturing and telecommunications, webMethods has more than 500 customers worldwide -- from Global 2000 leaders such as Citibank, Dell, Eastman Chemical Company, Fidelity Investments, Grainger, Motorola and Starbucks to major B2B marketplaces like ChemConnect, e-STEEL and PetroCosm. More information about the company can be found at webmethods.com .

About Manugistics Group, Inc.

Manugistics is the leading provider of Enterprise Profit Optimization (EPO) solutions -- the first solutions to simultaneously optimize a company's supply- and demand-side functions. Manugistics EPO and Marketplace solutions help companies lower operating costs, enhance profitability and accelerate growth. The company's list of clients includes industry leaders such as 3Com, Amazon.com, Boeing, BP, Brown & Williamson, Caterpillar, Cisco Systems, Coca- Cola Bottling, Compaq, DuPont, eConnections, Ford, General Electric, Harley- Davidson, Hormel, Levi Strauss & Co., Marriott, Nestle, Timberland, Unilever, and United Airlines. For more information, go to manugistics.com .

FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS NEWS BUREAU HOTLINE AT 301-984-5330.

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 November 30, 2000.

Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," Enterprise Profit Optimization 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.

SOURCE Manugistics Group, Inc.

CO: Manugistics Group, Inc.; Agile Software Corporation; NetVendor Inc.; RightWorks Corporation; webMethods, Inc.

ST: California

IN: CPR MLM

SU: PDT

02/13/2001 12:00 EST prnewswire.com
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