Manugistics Strategic Demand and Supply Chain Management Solutions Selected by Limited Brands
NEW YORK -- Jan. 17, 2005 -- Manugistics Group, Inc. (NASDAQ:MANU), a leading global provider of demand-driven supply chain management solutions, today announced at the 2005 National Retail Federation (NRF) convention that Limited Brands Inc. (NYSE:LTD) has selected Manugistics global retail solutions as part of the Limited`s strategic initiative to improve demand and supply chain processes across the company`s businesses including Victoria`s Secret, Bath and Body Works, Express, Limited Stores, The White Barn Candle Co. and Henri Bendel.
Limited Brands, an upscale branded consumer packaged goods company, sells women`s intimate apparel, personal care products and women`s and men`s apparel under various trade names through its catalog, e-commerce and network of more than 3800 stores. Limited Brands is currently implementing Manugistics` web-based demand and supply chain management solutions including collaborative logistics management for both inbound and outbound planning, optimization and execution.
"We have worked with Limited since 1995 as a strategic partner and look forward to continuing this incredibly successful relationship," said Manugistics Executive Vice President and President of Worldwide Sales Operations Jeffrey L. Holmes. "Our work with leading retailers worldwide demonstrates that we have the ability to optimize complex supply chains while delivering to the bottom line and increasing shareholder value."
Manugistics will showcase its retail technology solutions at the annual NRF Conference in New York, NY January 16-19, 2005. Visit Manugistics at booth 2035 in the Jacob Javits Convention Center.
In addition, Manugistics will participate in a joint presentation at the show with Canadian Tire and Forrester Research entitled "Mastering the Complexities of the Retail Supply Chain" on Tuesday, January 18 from 3:30 - 4:30 PM.
For more information or to schedule an appointment, please contact info@manu.com.
About Limited Brands
Limited Brands, through Victoria`s Secret, Bath & Body Works, Express, Limited Stores, White Barn Candle Co. and Henri Bendel, presently operates 3,835 specialty stores. Victoria`s Secret products are also available through the catalogue and http://www.VictoriasSecret.com.
About Manugistics Group, Inc.
Manugistics powers the demand-driven supply chain. Today, more than 1,200 clients trust Manugistics to help them drive profitable growth, unlock the value of their existing IT investments, and ensure the security and integrity of their global supply chains. Its clients include industry leaders such as AT&T, BMW, Boeing, Cingular, Circuit City, Coca-Cola Bottling, Delta Air Lines, DHL, Diageo, DuPont, Harley-Davidson, John Deere, Marriott, McCormick, Nestle, Nissan, RadioShack, Sanmina-SCI and Unilever. For more information, go to http://www.manugistics.com.
FORWARD LOOKING STATEMENT
This announcement contains forward-looking statements that involve risks and uncertainties that include, continuing weak demand for supply chain management software, the ability of the Company to effectively align its cost structure with revenues, and unintended adverse effects of the Company`s recent restructuring and cost containment initiatives. 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 29, 2004 and Quarterly Report on Form 10-Q for the period ended November 30, 2004. Manugistics assumes no obligation to update the forward-looking information contained on this announcement.
Manugistics Group, Inc.
Sheila Blackwell, 301-255-5486
sblackwell@manu.com
or
Kristine Gager, 202-326-1747
kristine.gager@edelman.com
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