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Technology Stocks : Manugistics, Inc. (MANU)
MANU 16.82-0.5%Jan 16 3:59 PM EST

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To: sadsack who wrote (1088)12/21/1998 12:49:00 PM
From: bob zagorin  Read Replies (1) of 1670
 
The Revere Group Enters Consulting Partnership with Manugistics, Joins Open Application Integration Lab

DEERFIELD, Ill.--(BUSINESS WIRE)--Dec. 21, 1998--

Revere and Manugistics share commitment to implement solutions for customer-centric supply chain optimization designed to grow revenues, lower operating costs, maximize asset return and free-up working capital

The Revere Group, a leading technology consulting firm specializing on mid-tier companies and divisions of Fortune 1000 companies, is expanding its supply chain solutions offering by entering into a consulting partnership with Manugistics, Inc., (Nasdaq: MANU) a recognized world leader in supply chain management solutions. Manugistics' solutions are currently used by more than 850 clients worldwide, giving Manugistics the distinction of the largest global client base of any supply chain software provider.

Michael Parks, Revere CEO said, "This strategic alliance makes excellent business sense as both Revere and Manugistics share a 'customer-first' philosophy and a commitment to helping companies reap the greatest results from their supply chain. Manugistics' proven solutions for customer-centric supply chain optimization compliment Revere's expertise in implementing business solutions that deliver strategic advantage. This partnership extends our supply chain service offerings in several key markets including consumer products, electronics, automotive and industrial materials."

Steve Tonissen, vice president, strategic alliances at Manugistics, said, "Revere's strong market presence significantly enhances our ability to offer a comprehensive solution that spans from needs assessment, through software selection and implementation, to delivering results. By partnering with Revere, we can offer results-driven solutions which combine our market-leading solutions with a proven implementation services provider."

The Revere Group has already committed significant resources to its Manugistics Implementation Team and is aggressively expanding its service offerings around the Manugistics supply chain software line. Revere's implementation team members have completed an extensive training program and are certified on Manugistics solutions offerings.

As an extension to its consulting partnership with Manugistics, Revere is participating in Manugistics new Open Application Integration(TM) (OAI) Lab. The OAI Lab has been established to foster the rapid development by systems integrators and software partners of a library of certified integration software solutions, or "plug-ins" to Manugistics software. The plug-ins are built to support the quick integration of supply chain solutions into existing IT environments. The lab is a part of Manugistics' Open Application Integration (OAI) strategy, which is designed to help IT users realize the benefits of supply chain optimization solutions, while at the same time minimizing the risks and costs of associated with integrating to other complementary solutions.

Initially, Revere is developing a Manugistics' plug-in for QAD's modular MFG/PRO software. QAD is a leading provider of ERP and extended supply chain software. MFG/PRO software enables companies to acquire raw materials, transform them into quality products and deliver them to end-customers in the shortest possible time frame. "Revere's development of a Manugistics plug-in for users of QAD will create a strong decision support tool by providing coordinated and optimized planning from distribution and manufacturing through transportation. This combined solution -- Manugistics for planning and optimization and MFG/PRO for manufacturing transactions -- will greatly enhance Revere's customers' ability to more effectively meet the constantly changing requirements of their customers," said Ted Krug, National Supply Chain Solution Center Leader at Revere. In addition to the expanded services offered through its new consulting partnership with Manugistics, the Revere Group offers E-business, strategic IT services, enterprise application evaluations and implementations, custom business solutions, knowledge management and change management solutions. In 1997, Crain's Chicago Business magazine ranked The Revere Group the second-fastest growing management consulting firm in Chicago. In addition, Revere received the Chicago Region Ernst & Young Entrepreneur of the Year(R) award in 1997.

The Revere Group has doubled its revenues and people during the past three years , and is projecting revenues of $65 million in 1999 (20% growth). The company, which is based outside of Chicago in Deerfield, IL, and also has offices in Charlotte and Greensboro, NC, Boston, MA, and Milwaukee, WI, will employ nearly 450 people by year-end 1998.

Headquartered in Rockville, Md., Manugistics Group, Inc. is the leading provider of solutions for customer-centric supply chain optimization and has the largest global client base of any supply chain provider. The company's solutions are used by more than 850 companies to improve the flow of product within and among companies from raw materials or parts through manufacturing to delivery of product to the end customer. Manugistics' solutions uniquely allow its clients to create and optimize their supply chains around their customers and are quick to implement, adapt easily to change, and deliver rapid results. Its clients include leading companies such as Compaq, DuPont, Harley-Davidson, Nestle, Nike, Nortel, and Wal-Mart.

For more information on The Revere Group, visit the company's Web site at: www.RevereGroup.com. More information on Manugistics can be obtained from its Web site at: www.Manugistics.com.

CONTACT:

Dawn White

The Revere Group

847/790-9800

dwhite@reveregroup.com

or

Suzette Sexton

Outlook Marketing Services

847/509-3099

ssexton@interaccess.com
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