Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : JDA Software -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (291)	3/3/1999 9:16:00 PM
From: bob zagorin	Read Replies (3) \| Respond to of 371

JDA Shares Purchased by James D. Armstrong, Co-Chief Executive Officer PHOENIX--(BUSINESS WIRE)--March 3, 1999--JDA(R) Software Group Inc. (Nasdaq:JDAS), an international provider of enterprise retail solutions, Wednesday announced an open market purchase of JDA common stock by the company's Co-Founder, James D. Armstrong, who serves as co-chief executive officer. Kris Magnuson, JDA's senior vice president and chief financial officer, disclosed that Armstrong purchased 176,900 shares personally between Jan. 15, 1999 and March 3, 1999 at prices ranging from $5.875 and $8.50 per share. Magnuson noted that Armstrong's stock purchase is subject to Securities and Exchange Commission regulations, which prohibit the sale of the recently acquired shares for six months following the date of purchase. About JDA Software Group JDA Software Group Inc. is a global provider of integrated retail software products and professional services for more than 600 clients worldwide. Designed to Optimize the Retail Enterprise, JDA's solution addresses the requirements for the entire retail supply chain: from corporate with merchandising, planning, allocation, decision support and financial systems; to the distribution center with warehouse management and logistics systems; at the store with point-of-sale and back-office applications; and on the Internet with Web-based solutions. Founded in 1985, JDA employs more than 1,100 associates operating from 21 offices. With headquarters in Phoenix, the company has offices in major cities throughout the United States as well as internationally in Canada, the United Kingdom, France, Germany, Mexico, Brazil, Chile, Singapore, and Australia. For more information, refer to JDA's Web site at jda.com. CONTACT: JDA Software Group Inc., Phoenix Kristen L. Magnuson, 602/404-5500 Email: kris.magnuson@jda.com