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MANU 16.65 +1.20
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Tuesday December 11, 10:19 am Eastern Time
Press Release
SOURCE: Manugistics Group, Inc.
Manugistics and Chrome Systems Announce Strategic Alliance Targeted at Automotive Industry
ROCKVILLE, Md. & PORTLAND, Ore.--(BUSINESS WIRE)--Dec. 11, 2001--Manugistics Group, Inc. (Nasdaq:MANU - news), the leading global provider of Enterprise Profit Optimization(TM) (EPO) solutions, and Chrome Systems Corporation, a leading provider of automotive data, configuration technology, click-stream analytics and commerce solutions, today announced a global sales and marketing alliance targeted at the automotive industry.
The expected joint offering will combine Manugistics' proven automotive order-to-delivery solution with Chrome's automotive data management services. The combination is designed to enable original equipment manufacturers (OEM) and their suppliers to better predict accurate buyer trends and consumer preferences, and to more quickly identify production issues. Benefits of such a solution can include enhanced customer satisfaction, more accurate forecasting for procurement, manufacturing and distribution, and reduced inventory costs.
The Manugistics vehicle order-to-delivery solution is designed to create a collaborative environment for dealers and manufacturers to enhance manufacturing optimization, reduce inventory levels and order-to-delivery times, and increase consumer and dealer satisfaction. Chrome's order-level data, identified as the most accurate in the industry by CNW Marketing/Research, is also comprehensive - covering 37 makes - and is normalized for accuracy and consistency across all OEMs.
Manugistics automotive clients will also be given access to Chrome's Internet-based vehicle configurator for research and ordering - Chrome Carbook® - which helps companies become a complete online vehicle buying resource for their customers. Its features include a relational database of over 6000 makes and models, as well as 50,000 standard and optional equipment choices.
``Manugistics continues to offer best-of-breed technology from innovators such as Chrome to better meet our automotive clients' specific order-to-delivery needs,'' said Jim Kowalski, Manugistics group vice president of automotive, transportation and travel. ``This approach has helped us remain focused on providing the core optimization and execution offerings that we believe can provide automotive companies with a measurable competitive advantage.''
``Chrome's automotive data management services give Manugistics automotive clients an important tool for ensuring data consistency throughout their sales and ordering process, which can result in fewer errors, faster delivery times, and improved customer satisfaction,'' said David Mingle, president, Chrome Systems. ``We look forward to working with Manugistics to help original equipment manufacturers (OEMs) ensure that the right vehicle with the right options gets to customers where and when they want them.''
Both Manugistics and Chrome have experience implementing their open-standards based technologies into large-scale operations. Chrome provides the North American ordering system for General Motors and its 8,300 dealers. Manugistics solutions are used by such leading automotive companies as BMW AG, Mitsubishi Motors Sales of America, Subaru of America, and Volkswagen AG.
About Manugistics Group, Inc.
Manugistics Enterprise Profit Optimization solutions help companies lower operating costs, improve customer service, enhance profitability, and accelerate growth by optimizing the supply-demand network from design and procurement through pricing and delivery. The company's comprehensive Enterprise Profit Optimization solutions address critical business challenges including supplier relationship management, supply chain management, and pricing and revenue optimization. Manugistics' clients include industry leaders such as 3Com, Amazon.com, Boeing, BP, Brown & Williamson, Caterpillar, Cisco Systems, Coca-Cola Bottling, Compaq, DuPont, eConnections, Fairchild Semiconductor, Ford Motor Company, General Electric, Harley-Davidson, Hormel, Levi Strauss & Co., Marriott, Nestle, Texas Instruments, Timberland, Unilever, and United Airlines. For more information, go to www.manugistics.com.
FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS NEWSBUREAU HOTLINE AT 301-984-5330.
About Chrome Systems Corp.
With more than 12,000 clients, including half of all automotive dealers in the U.S. and Canada, Chrome provides configuration technology, software and professional services to produce complete enterprise solutions for all segments of the retail automotive industry, including manufacturers, fleet companies, dealers and Internet sites. Chrome pioneered the technology behind electronic vehicle configuration and for the past 15 years has collected, analyzed and enhanced ``raw'' automotive data from all manufacturers. Chrome provides the North American ordering system for General Motors and its 8,300 dealers. Chrome sets the standard in ordering systems for fleet management, serving 15 of the 17 largest fleet leasing companies. Chrome's automotive dealer clients accounted for more than half of all new vehicles sold in the U.S. in 2000. The company is based in Portland, Oregon. For more information, contact www.chrome.com, 1-800-936-8906.
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, increased economic uncertainty following the tragedy of September 11, 2001, the timing and degree of any business recovery in light of the continuing economic downturn, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, 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. A decreased demand for computer 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, 2001 and Quarterly Report on Form 10-Q for the quarter ended August 31, 2001. Manugistics assumes no obligation to update the forward-looking information contained in this announcement.
Manugistics is a registered trademark, and the Manugistics logo, the phrase ``Leveraged Intelligence,'' Enterprise Profit Optimization, and Manugistics NetWORKS are trademarks of Manugistics
MANU 16.65 +1.20
delayed 20 mins - disclaimer
Quote Data provided by Reuters
ADVERTISEMENT
Tuesday December 11, 10:19 am Eastern Time
Press Release
SOURCE: Manugistics Group, Inc.
Manugistics and Chrome Systems Announce Strategic Alliance Targeted at Automotive Industry
ROCKVILLE, Md. & PORTLAND, Ore.--(BUSINESS WIRE)--Dec. 11, 2001--Manugistics Group, Inc. (Nasdaq:MANU - news), the leading global provider of Enterprise Profit Optimization(TM) (EPO) solutions, and Chrome Systems Corporation, a leading provider of automotive data, configuration technology, click-stream analytics and commerce solutions, today announced a global sales and marketing alliance targeted at the automotive industry.
The expected joint offering will combine Manugistics' proven automotive order-to-delivery solution with Chrome's automotive data management services. The combination is designed to enable original equipment manufacturers (OEM) and their suppliers to better predict accurate buyer trends and consumer preferences, and to more quickly identify production issues. Benefits of such a solution can include enhanced customer satisfaction, more accurate forecasting for procurement, manufacturing and distribution, and reduced inventory costs.
The Manugistics vehicle order-to-delivery solution is designed to create a collaborative environment for dealers and manufacturers to enhance manufacturing optimization, reduce inventory levels and order-to-delivery times, and increase consumer and dealer satisfaction. Chrome's order-level data, identified as the most accurate in the industry by CNW Marketing/Research, is also comprehensive - covering 37 makes - and is normalized for accuracy and consistency across all OEMs.
Manugistics automotive clients will also be given access to Chrome's Internet-based vehicle configurator for research and ordering - Chrome Carbook® - which helps companies become a complete online vehicle buying resource for their customers. Its features include a relational database of over 6000 makes and models, as well as 50,000 standard and optional equipment choices.
``Manugistics continues to offer best-of-breed technology from innovators such as Chrome to better meet our automotive clients' specific order-to-delivery needs,'' said Jim Kowalski, Manugistics group vice president of automotive, transportation and travel. ``This approach has helped us remain focused on providing the core optimization and execution offerings that we believe can provide automotive companies with a measurable competitive advantage.''
``Chrome's automotive data management services give Manugistics automotive clients an important tool for ensuring data consistency throughout their sales and ordering process, which can result in fewer errors, faster delivery times, and improved customer satisfaction,'' said David Mingle, president, Chrome Systems. ``We look forward to working with Manugistics to help original equipment manufacturers (OEMs) ensure that the right vehicle with the right options gets to customers where and when they want them.''
Both Manugistics and Chrome have experience implementing their open-standards based technologies into large-scale operations. Chrome provides the North American ordering system for General Motors and its 8,300 dealers. Manugistics solutions are used by such leading automotive companies as BMW AG, Mitsubishi Motors Sales of America, Subaru of America, and Volkswagen AG.
About Manugistics Group, Inc.
Manugistics Enterprise Profit Optimization solutions help companies lower operating costs, improve customer service, enhance profitability, and accelerate growth by optimizing the supply-demand network from design and procurement through pricing and delivery. The company's comprehensive Enterprise Profit Optimization solutions address critical business challenges including supplier relationship management, supply chain management, and pricing and revenue optimization. Manugistics' clients include industry leaders such as 3Com, Amazon.com, Boeing, BP, Brown & Williamson, Caterpillar, Cisco Systems, Coca-Cola Bottling, Compaq, DuPont, eConnections, Fairchild Semiconductor, Ford Motor Company, General Electric, Harley-Davidson, Hormel, Levi Strauss & Co., Marriott, Nestle, Texas Instruments, Timberland, Unilever, and United Airlines. For more information, go to www.manugistics.com.
FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS NEWSBUREAU HOTLINE AT 301-984-5330.
About Chrome Systems Corp.
With more than 12,000 clients, including half of all automotive dealers in the U.S. and Canada, Chrome provides configuration technology, software and professional services to produce complete enterprise solutions for all segments of the retail automotive industry, including manufacturers, fleet companies, dealers and Internet sites. Chrome pioneered the technology behind electronic vehicle configuration and for the past 15 years has collected, analyzed and enhanced ``raw'' automotive data from all manufacturers. Chrome provides the North American ordering system for General Motors and its 8,300 dealers. Chrome sets the standard in ordering systems for fleet management, serving 15 of the 17 largest fleet leasing companies. Chrome's automotive dealer clients accounted for more than half of all new vehicles sold in the U.S. in 2000. The company is based in Portland, Oregon. For more information, contact www.chrome.com, 1-800-936-8906.
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, increased economic uncertainty following the tragedy of September 11, 2001, the timing and degree of any business recovery in light of the continuing economic downturn, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, 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. A decreased demand for computer 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, 2001 and Quarterly Report on Form 10-Q for the quarter ended August 31, 2001. Manugistics assumes no obligation to update the forward-looking information contained in this announcement.
Manugistics is a registered trademark, and the Manugistics logo, the phrase ``Leveraged Intelligence,'' Enterprise Profit Optimization, and Manugistics NetWORKS are trademarks of Manugistics