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Technology Stocks : i2 Technologies

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To: D. K. G. who wrote (1259)4/27/1999 7:55:00 PM
From: D. K. G.  Read Replies (1) of 2339
 
Ford Selects i2 Technologies for Stamping Plant Operations; Initial Implementation Will be Woodhaven Facility

biz.yahoo.com

IRVING, Texas, April 22 /PRNewswire/ -- i2 Technologies, Inc. (Nasdaq: ITWO - news) today announced an agreement with Ford Motor Company (NYSE: F - news) to license i2's RHYTHM® solution for implementation at the company's Woodhaven stamping plant. The agreement follows successful implementations of the i2 RHYTHM solution at Ford's Visteon Automotive Systems.

''The application of i2's RHYTHM will help Ford deliver greater value to consumers by improving and optimizing manufacturing operations,'' said Steven Minisini, Vice President Automotive and Industrial Business Unit, i2 Technologies. ''Ford plans to use the i2 solution to enhance its planning, scheduling and execution capabilities.''

RHYTHM Production Scheduler(TM) will be used to create a simultaneously synchronized, responsive cycle plan and production schedule across all three major areas of the plant: blanking, stamping and assembly. Expected benefits include reduced overhead caused by unplanned overtime and premium freight, increased throughput, reduced inventories, and faster introduction of new processes and metals.

''The Ford purchase confirms i2 as the dominant solution provider in the automotive industry,'' said Minisini, ''and is further evidence of i2's commitment to an industry-specific approach in solving business challenges.''

About Ford Motor Company:

Ford Motor Company is the world's second largest automaker. Its automotive brands include Aston Martin, Ford, Jaguar, Lincoln, Mazda and Mercury. Its automotive-related services include Ford Credit, Quality Care, Hertz and Visteon Automotive Systems. Its corporate headquarters is in Dearborn, Michigan.

About i2 Technologies:

Founded in 1988, i2 provides electronic business process optimization (eBPO) solutions for various industries including aerospace and defense; automotive and industrial; chemical, oil and, gas; consumer goods and retail; high tech and electronics; metals; paper; pharmaceutical; semiconductor; and textiles, apparel and footwear. i2's eBPO solutions provide necessary elements for competitive success into the new millennium -- forward visibility, collaboration with suppliers and customers, and rapid response -- to high-velocity enterprises of all sizes. i2 Technologies' vision is to add $50 billion of value in growth and savings for its customers by the year 2005. i2 is headquartered in Irving, TX, has approximately 2,300 employees, and maintains offices worldwide. For additional information, visit i2 on the web at i2.com or attend PLANET 99 in Las Vegas, October 10-13, planet.i2.com.

Contact:

Angela Schwecke, Public Relations Brent Anderson, Investor Relations

i2 Technologies, Inc. i2 Technologies, Inc.

214-860-6076 214-860-6012

angela_schwecke@i2.com brent_anderson@i2.com

RHYTHM and i2 are registered trademarks of i2 Technologies, Inc.

SOURCE: i2 Technologies, Inc.
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