Integrated Transportation and Distribution Management Solution Will be Designed to Deliver Rapid Time to Value
CHICAGO--May 22, 2002--i2 Technologies, Inc. (Nasdaq:ITWO), the leading provider of value chain management solutions, and global warehouse management solution leader EXE Technologies(R), Inc. (Nasdaq:EXEE) today announced that the companies have extended their relationship in warehousing solutions. This extended relationship will result in the delivery of an integrated solution designed to enable companies to rapidly reduce inventory levels, improve asset utilization, increase customer service levels and reduce costs.
Offered as a part of i2`s market-leading Transportation and Distribution Management solution, the agreement allows i2 to market EXE`s leading EXceed(TM) solution under the name i2 Warehouse Manager. i2`s warehousing solution will include Warehouse Manager as well as Fulfillment Planner.
"Like other i2 solutions, i2`s warehousing solution can provide value to our clients` existing or legacy systems through superior operational planning," said Ray Greer, president, i2 Global Network Solutions and Services. "Now, through i2 Warehouse Manager, i2 plans to offer a complete execution solution with industry-specific, integrated workflows to other i2 applications, which can further accelerate our clients` time to value."
Joint projects between i2 and EXE have established integration of standard workflows between both companies` products. Under the new agreement, the parties intend to extend those products over the next two releases and build them out to a fully integrated suite with a uniform look and feel.
EXE is the most global of the WMS suppliers based on regional market shares. Additionally, EXE is the leading provider of WMS software and services to the high tech manufacturing, third-party logistics (3PL) and other verticals, and is the largest WMS supplier to Tier 1 customers that have more than $1 billion in annual revenues. i2 is a market leader in the in the global Transportation Management System (TMS) space. i2 Transportation continues to assert market leadership in the retail, CPG, high tech manufacturing, automotive and 3PL verticals.
"EXE`s blue-chip customer base, the broad language capabilities of our applications and our vertical market strength make us an attractive partner for an organization such as i2," said Raymond Hood, EXE`s chairman and chief executive officer. "Hundreds of multi-national organizations rely on our integrated solutions to provide them visibility into the entire supply chain."
Editor`s Note: The i2 Transportation and Distribution Management solution -- including i2 Warehouse Manager and i2 Fulfillment Planner -- will be on display at DC Expo, Chicago, May 22-23 in i2 booth # 1031. EXE Technologies will be demonstrating its supply chain execution solution in booth # 230.
About EXE Technologies, Inc.
EXE Technologies, Inc. (Nasdaq:EXEE) is a leading provider of supply chain execution software solutions that deliver the vital, frontline supply chain intelligence to drive customer execution decisions and processes. EXE`s products and services help customers worldwide reduce inventory and operational costs while increasing customer loyalty and satisfaction. The company provides global service and support from offices located in North America, Europe, the Middle East, Asia, and Australia. For more information about EXE Technologies, Inc., call 214/775-6000 or visit www.exe.com.
About i2
i2 is the leading provider of value chain management solutions. i2`s value chain management solutions help companies plan and execute all of the activities involved in managing supply and demand. These solutions span the entire scope of value chain interactions, including supplier relationship management, supply chain management and demand chain management. Established in 1988, i2 is the only software solutions provider that measures, audits and reports total value provided to its customers, with a mission to deliver $75 billion in value by 2005. Learn more at www.i2.com.
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