Industry focus allows for enhanced customer attention before, during and after the implementation
DALLAS -- July 14, 2005 i2 Technologies, Inc. (OTC: ITWH), a leading provider of demand-driven supply chain solutions designed to enable business agility, today announced a new organizational structure designed to maximize the company’s delivery of the Next Generation of Supply Chain Management solutions.
The new structure supports i2’s transition to solution selling, whereby the company will focus on solving customers’ supply chain problems and Next Generation SCM opportunities through a deeper emphasis on industry-specific challenges and supply chain management best practices.
As a result, i2’s new structure combines sales, services and industry marketing into four industry focus areas. They are:
o The Consumer Products Industry Group, focusing on consumer electronics, apparel and footwear, fast-moving consumer goods and consumer telecommunications. This group will be led by i2 Senior Vice President Steve Estrada.
o The Retail and Distribution Industry Group focusing on fashion and department stores, grocery and perishables, and 3PLs. This group will be led by i2 Senior Vice President Bob Barrett.
o The AAIM Industry Group, focusing on automotive, aerospace and defense, industrial and metals. This group will be led by i2 Senior Vice President Kelly Thomas.
o The High Tech Industry Group, focusing on semiconductor, high tech contract manufacturers and infrastructure, computer industry OEMs and telecom equipment OEMs. i2 is currently recruiting outside of the company to fill the High Tech Industry Group leadership position.
“This new structure allows us to better utilize our world-class supply chain expertise and best practices knowledge in industries where Next Generation supply chain management is critical,” said i2 Chief Executive Officer Michael McGrath. “By combining our sales, services and industry marketing professionals into these four dedicated industry groups we believe we can focus our efforts on building stronger long-term relationships with and delivering even greater value to customers.”
“This new organization structure will enable us to be more efficient in selling our solutions, software products, and services, and provide us with the increased industry focus needed to accelerate our growth through better penetration of these industries, “ said McGrath.
About i2
i2 is a leading provider of demand-driven supply chain solutions designed to enable business agility. i2`s flexible solutions can synchronize demand and supply across an ever-changing global supply network. Nineteen of the AMR Research Top 25 Global Supply Chains belong to companies who are i2 customers. Seven of the Fortune global top 10 are also customers of i2. Founded in 1988 with a commitment to customer success and supply chain innovation, i2 has a history of delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2.com.
i2 is a registered trademark of i2 Technologies, US Inc. and i2 Technologies, Inc.
i2 Cautionary Language
This press release may contain forward-looking statements that involve risks and uncertainties, including forward-looking statements regarding i2’s ability to execute under its new organizational structure, successfully deliver Next Generation Supply Chain Management solutions and increase its focus on delivering customer value. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from those projected. 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 Quarterly Report on Form 10-Q filed May 10, 2005 and the Annual Report on Form 10-K filed March 16, 2005. i2 assumes no obligation to update the forward-looking information contained in this news release.
For further information, please contact:
Beth Elkin
i2 Corporate Communications
469-357-4225
Beth_elkin@i2.com
Mark Hillman
i2 Analyst and Investor Relations
617-551-2754
mark_hillman@i2.com
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