Agile, Manugistics Announce Formation of Strategic Alliance
Alliance to Provide Robust Integrated Solution to Maximize Value for Customers
ROCKVILLE, Md. and SAN JOSE, Calif., Feb. 14 /PRNewswire/ -- Agile Software Corporation (Nasdaq: AGIL), a leading provider of collaborative manufacturing commerce solutions, and Manugistics Group, Inc. (Nasdaq: MANU), the leading 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 that they have agreed to enter into a strategic alliance to provide better integration between collaborative manufacturing commerce and enterprise profit optimization management.
Following completion of a final agreement, Agile's collaborative manufacturing commerce solutions will be integrated with the core optimization applications in the Manugistics NetWORKS(TM) solutions suite to provide a more comprehensive solution designed to maximize value for customers. Initial target markets for the joint solution include electronics & high technology, apparel, footwear and textiles, with other markets expected to follow.
"The Manugistics and Agile comprehensive solution will be designed to allow our customers to more effectively collaborate on product content, procure materials, and optimize demand planning and forecasting in real time," said Greg Owens, Manugistics chairman and chief executive officer. "Alliances such as ours with Agile demonstrate Manugistics' leadership in developing comprehensive solutions that can be quickly implemented to enable strong return on investment."
Manugistics NetWORKS solutions -- which include collaborative services, intelligent optimization engines, and integration and marketplace platforms -- are designed to address mission critical supply-side and demand-side business processes, to help companies increase revenue, decrease costs, and improve customer service.
"Manugistics is offering innovative capabilities in collaborative supply chain management," said Bryan D. Stolle, chairman and CEO of Agile. "We believe that the ability to directly tie product changes with collaborative planning will give customers a heretofore unrealized ability to immediately assess the supply chain impact of changes and allow real-time synchronization."
Agile's collaborative manufacturing commerce solutions enable companies to use the Internet to effectively automate the distribution and synchronization of product content across the e-supply chain as well as provide buyers the ability to exchange and collaborate with suppliers on sourcing and the procurement of direct materials.
About Agile
Agile Software Corporation is a leading supplier of business-to-business collaborative manufacturing commerce solutions. Agile Anywhere(TM) and Agile Buyer(TM) 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(TM), 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 Amkor, Compaq Computer, Dell Computer, Flextronics International, Flow International, GE Medical Systems, International Paper, Juniper Networks, Lucent Technologies, Nvidia, Philips, Sycamore Networks, Texas Instruments, Zhone Technologies, and others. For more information, call 408-975-3900, or visit Agile at agilesoft.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-side 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 www.manugistics.com.
NOTE: Agile Software, Agile Anywhere, Agile Buyer, and MyAgile.com are trademarks of Agile Software Corporation in the U.S. and/or other countries. All other brand or product names are trademarks and registered trademarks of their respective holders.
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.
NOTE: 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.
This "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: Information in this release that involves Agile's beliefs, hopes, plans, expectations, intentions, or strategies regarding the future consists of forward-looking statements that involve risks and uncertainties, which are based upon information available to Agile as of the date of the release, and we assume no obligation to update any such forward-looking statement. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to, delays and difficulties in introducing new products and upgrades of existing versions of our products; lack of market acceptance of other new products or services; inability to continue timely delivery of competitive new products and services; introduction of new products or services by major competitors; risks related to the Internet on our business and prospects; and our ability to recruit or retain necessary personnel. These and other factors and risks associated with our business are discussed in the Agile's Form 10-K filed July 24, 2000.
SOURCE Agile Software Corporation
CO: Agile Software Corporation; Manugistics Group, Inc.
ST: California
IN: CPR STW
SU: LIC
02/14/2001 08:00 EST prnewswire.com |
