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To: Dealer who wrote (16791)11/16/2000 8:28:18 AM
From: Dealer  Respond to of 65232
 
ITWO--i2 Developing Private e-Marketplace for Cone Mills Corporation; Activity Further Extends i2's Presence in the Softgoods Arena
BUSINESS WIRE - November 15, 2000 13:11
DALLAS, Nov 15, 2000 (BUSINESS WIRE) -- i2 Technologies, Inc. (Nasdaq:ITWO), the leading provider of marketplace solutions announced today that Cone Mills Corporation (NYSE:COE) has chosen i2 to power its private e-marketplace.

Cone Mills Corporation, headquartered in Greensboro, N.C., is the world's largest producer of denim fabrics and the largest commission printer of home furnishing fabrics in North America. Manufacturing facilities are located in North Carolina and South Carolina, with a joint venture denim plant in Coahuila, Mexico.

Implementation of the i2 TradeMatrix(TM) platform and i2 TradeMatrix Demand Planner(TM) is under way. Combined, the two are designed to enable collaborative supply chain management for Cone Mills' customers and suppliers. Additionally, i2 solutions are designed to support advanced business processes within Cone Mills to increase already high customer service levels.

"Supply chain cost reduction is the core purpose of our B2B initiatives," said Tom Gmitter, Cone Mills' chief information officer. "The development of our private e-marketplace provides our customers a means to collaborate with us to reduce inefficiencies and extraneous costs out of our respective supply chains. We are confident the i2 TradeMatrix platform will enable us to improve our already established industry leadership position in regards to overall customer value."

The development of Cone Mills' private e-marketplace further extends i2's presence in the softgoods arena by building on its reputation of providing real value and improving the efficiencies for global e-business customers.

"Cone Mills exhibits creative vision and direction by applying aggressive but practical supply chain improvements with their partners," said Jim Wilson, i2 vice president, Softgoods. "i2 TradeMatrix technology offers Cone Mills the opportunity to be proactive in this capacity. We are excited to supply the necessary tools designed to advance their e-commerce transformation and further enhance their internal processes with the advent of their private marketplace."

About i2

i2 is creating real value for its global e-business customers through its i2 TradeMatrix solutions, content, and marketplace platform. i2 TradeMatrix allows businesses to create both private and public marketplaces, while improving the efficiencies of all participants. i2 provides a wide variety of collaborative e-business services for both the early stages and next generation of e-business adoption, with each service supported by decision optimization, transaction management and content management solutions. Founded in 1988, i2's mission is to deliver $75 billion in value to its customers by 2005. i2 is headquartered in Dallas, has more than 5,000 employees and maintains offices worldwide. Visit i2's Web site at i2.com.

i2 is a registered trademark of i2 Technologies, Inc. i2 TradeMatrix, i2 TradeMatrix Demand Planner, TradeMatrix and the i2 logo design are trademarks of i2 Technologies, Inc.

i2 Cautionary Language

This press release may contain forward-looking statements that involve risks and uncertainties, including the customer's ability to implement i2 solutions successfully or to achieve benefits attributable to i2 products. For a discussion of factors which could impact i2's financial results and cause actual results to differ materially from those in forward-looking statements, please refer to i2's recent filings with the SEC, particularly the Form 10-K filed March 22, 2000 and Form 10-Q filed August 14, 2000.

CONTACT: i2 Technologies, Dallas Beth Elkin, 469/357-4225 beth_elkin@i2.com or Edelman PR Worldwide Zenobia Daruwalla, 312/240-2841 zenobia.daruwalla@edelman.com

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