Airbus selects i2 SRM and SCM Solutions for its Sup@irWorld Project.Business Editors & High Tech Writers DALLAS--(BUSINESS WIRE)--Aug. 13, 2002 i2 Technologies, Inc. (Nasdaq:ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ), the leading provider of value chain management solutions, has announced that Airbus, one of the world's largest commercial airline manufacturers, has chosen i2 Supplier Relationship Management (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ) and i2 Supply Chain Management solutions (SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. ) for its Sup@irWorld project. By combining i2 SRM and i2 SCM solutions, Airbus aims to simplify its supply chain challenges while delivering on its vision of `one face to the supplier' for all procurement related processes. The Sup@irWorld Initiative Sup@irWorld is a major Airbus integration initiative to develop and implement a new web-based collaborative system to manage all interactions with its suppliers. Pilots and prototypes have already been carried out and Airbus is expecting the full implementation to be completed in France, Germany, the UK and Spain by the end of 2003. Enabling Supplier Collaboration with i2 SRM i2 SRM is designed to further enable improved services and process efficiencies across Airbus entities, customers and suppliers providing strong multi-functional integration and powerful decision making support. i2 SCM Selected to Streamline Complex Supply Chain, Improve Visibility By implementing i2 SCM as part of the Sup@irWorld project, Airbus intends to create a web-enabled hub that harmonizes practices and processes across the extended supply chain, which includes a large number of suppliers and sub-contractors in more than 30 countries. The i2 solution is designed to increase visibility all along the supply chain and also includes plans to use supplier managed inventory processes to reduce inventory levels. "It has been a real pleasure working with the Airbus project team in determining the requirements for this challenging and innovative project," said i2 CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Sanjiv Sidhu Sanjiv Sidhu is the founder and chairman of i2 Technologies, originally named Intellection. The son of a chemical engineer from India left the safety of his lab job at Texas Instruments in 1988 to start i2 Technologies out of his apartment with no venture capital. . "The i2 team is committed to helping Airbus meet its goals for improving collaboration with its suppliers and streamlining its supply chain process." About Airbus A leading aircraft manufacturer with the most modern and comprehensive product line on the market, Airbus is a global company with design and manufacturing facilities in France, Germany, the UK, and Spain, as well as subsidiaries in the US, China and Japan. Headquartered in Toulouse, France, Airbus is an EADS EADS European Aeronautic Defence and Space Company N.V. EADS Expeditionary Air Defense System (USMC) EADS Extended Air Defense Systems EADS Environmental Assessment Data System EADS Echelons Above Division Study joint company with BAE SYSTEMS BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. . About i2 i2 is the leading provider of value chain management solutions. i2's value chain management solutions help companies plan and execute 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. Learn more at www.i2.com. i2 is a registered trademark of i2 Technologies, Inc. and its subsidiaries. i2 Cautionary Language This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties including forward-looking statements regarding the customer's ability to implement or integrate i2 solutions successfully and in a timely fashion, receive expected functionality and performance, or achieve benefits attributable to i2 solutions. 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 Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed April 1, 2002 and Form 10-Q Form 10-Q See 10-Q. filed April 29, 2002. i2 assumes no obligation to update the forward-looking information contained in this news release. |
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