ROCKVILLE, Md.--July 16, 2003--Manugistics Group, Inc. (Nasdaq:MANU), a leading global provider of supply and demand chain management solutions, today announced that Campbell Soup Company`s North America Soup and Away From Home business segment has implemented Manugistics` supply chain solutions to optimize operational costs and enhance customer service levels.
Campbell Soup is a $6.1 billion leader in the Consumer Packaged Goods (CPG) industry, with over 100 brands and 40 manufacturing plants serving customers in 120 countries worldwide. The North America Soup and Away From Home Division of Campbell Soup accounts for $2.5 billion of the company`s annual revenue. The division is responsible for the production of over 900 items in 17 manufacturing plants, shipped to thousands of customer locations. Products include soup, sauce, salsa and juices under familiar brand names including Campbell`s, Prego, V8, Franco-American, Swanson and Pace.
Campbell is utilizing Manugistics` solutions to help reduce total delivered costs, with a strategic overview of its global production and distribution operations. Previously, Campbell worked with Manugistics to enhance its planning and execution solutions throughout North America.
"Campbell Soup is realizing significant savings with the implementation of strategic initiatives developed with Manugistics Supply Chain solutions and Terra Technology`s consulting expertise. These initiatives are allowing Campbell to derive greater value from its manufacturing and distribution operations and enhance customer satisfaction throughout North America," said Michael J. Mastroianni, Vice President of North American Manufacturing for Campbell.
"Manugistics values the longstanding relationship we`ve enjoyed with Campbell Soup," said Greg Owens, Manugistics Chairman and Chief Executive Officer. "We are committed to providing innovative solutions to continue building on the success of their global supply chain transformation."
About Campbell Soup Company
Campbell Soup Company is a global manufacturer and marketer of high quality soup, sauces, beverage, biscuits, confectionery and prepared food products. The company owns a portfolio of more than 20 market-leading businesses each with more than $100 million in sales and the company is supported by approximately 25,000 employees worldwide. For more information on the company, visit Campbell`s website on the Internet at www.campbellsoup.com
About Terra Technology
Terra Technology (Terra) focuses solely on improving supply chain planning performance, capabilities and systems. Terra`s consultants have run projects for some of the largest multi-national companies in the world. Using a holistic approach that incorporates mathematics, people and systems, Terra`s goal is to solve real-world supply challenges effectively. For more information on the company, visit Terra at www.terratechnology.com.
About Manugistics Group, Inc.
Manugistics is a leader in delivering innovative supply and demand chain software solutions. Today, more than 1,200 clients trust Manugistics to help them reduce costs, increase revenues and enhance margins. The company provides comprehensive solutions for supply chain management, demand and revenue management, service and parts management and supplier relationship management. Its clients include industry leaders such as AT&T, Airgas, BMW, Boeing, Brown & Williamson, Caterpillar, Circuit City, Coca-Cola Bottling, Continental Airlines, Diageo, DuPont, Fairchild Semiconductor, Ford Motor Company, Harley-Davidson, Nestle, RadioShack, Smith & Nephew and Unilever. For more information, go to www.manugistics.com.
FORWARD LOOKING STATEMENT
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, continuing economic and political uncertainty, the timing and degree of business recovery, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, unexpected competition, risks related to quarterly performance, risks of new business areas, international expansion, business combinations and strategic alliances, lengthening of sales cycles for software products and services, and the effectiveness of the cost reduction efforts undertaken by Manugistics and their impact on the company`s ability to operate its business. A decreased demand for enterprise application software due to weakened economic conditions could result in decreased revenues or lower revenue growth rates. More information about factors that potentially could affect Manugistics` financial results is included in Manugistics filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended February 28, 2003 and Quarterly Report on form 10-Q for the period ended May 31, 2003. Manugistics assumes no obligation to update the forward-looking information contained in this announcement.
Manugistics is a registered trademark. The Manugistics logo and the phrase Manugistics NetWORKS are trademarks of Manugistics, Inc. All other product or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.
CONTACT:
Manugistics Group Inc.
Laura Janes
ljanes@manu.com
301-255-5330
Michelle Sicola
Edelman (for Manugistics)
michelle.sicola@edelman.com
202-326-1728
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