Avnet Selects i2 Procurement and Content Solutions.Business Editors & High Tech Writers DALLAS--(BUSINESS WIRE)--Oct. 31, 2001 i2 Technologies, Inc. (Nasdaq: ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ), the leading provider of dynamic value chain management solutions today announced a strategic alliance with Promiere(SM), an Avnet Company. To support the alliance, Avnet licensed i2 procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , knowledge management and content solutions for Promiere(SM). Under the agreement, i2 will provide and implement these solutions in a phased approach. Promiere provides online design chain, supply chain and inventory optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. information and services for the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. electronics manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors. industry. Promiere delivers accurate component and market information, as well as a range of trading group and exchange services to let customers optimize optimize - optimisation their inventory and supply chains. "We selected i2 because of their strong supply chain and marketplace heritage and their vision to develop this unique marketplace," commented Greg Frazier, executive vice president of Promiere." This agreement is intended to provide Promiere customers the visibility and tools to optimize every aspect involved in publishing, locating, buying and selling component inventories, while simultaneously improving overall supply chain efficiency." Promiere Supply Chain Services, which will use i2 Content solutions, provide users with accurate analysis of component and supplier information. Promiere Exchange Services, powered by i2 Procurement, is designed to give Promiere users the ability to create a range of inventory balancing options within their own organization, supply chain, and industry, while matching the trading group configuration to the situation. The i2 solutions will help create a common language inside Promiere that will enable open market trading of electronics components and enable users to reduce overall direct material procurement costs and make better purchasing and inventory position decisions. "Avnet's leading supply chain expertise and trusted supplier and customer relationships put them in the middle of hundreds of supply chains," said Bruce Jacquemard, senior vice president, i2. "Promiere plans to offer the next generation toolset for optimizing those supply chains giving users the ability to reduce operational costs and increase efficiencies across the board. We're very excited about this new alliance based on the value it will deliver to Avnet's customers and the competitive advantage provided by Promiere. About Promiere A unique bundling of service offerings developed through alliances with best-in-class companies, Promiere optimizes the supply web and provides a single source of information and services for the electronics industry. Promiere has combined the expertise of Avnet Electronics Marketing, America II, Cadence cadence, in music, the ending of a phrase or composition. In singing the voice may be raised or lowered, or the singer may execute elaborate variations within the key. , i2 Technologies, PMG PMG abbr. postmaster general PMG 1. Postmaster General 2. Paymaster General and SpinCircuit to address the entire product development cycle, including design chain, supply chain, and exchange services. Providing schematic A graphical representation of a system. It often refers to electronic circuits on a printed circuit board or in an integrated circuit (chip). See logic gate and HDL. symbols, parametric See parametric modeling, parametric symbol and PTC. and transactional data, Promiere creates supply chain visibility, insight and solutions. Visit the Promiere Web site at www.promiere.com or call 1-8PROMIERE1. About i2 For more than a decade, i2 has been a leader in supply chain management. i2 has extended its technology and expertise to Dynamic Value Chain Management--solutions to help companies collaborate on decision-making processes Presented below is a list of topics on decision-making and decision-making processes: | width="" align="left" valign="top" |
| width="" align="left" valign="top" | i2 is a registered trademark of i2 Technologies, Inc. and its subsidiaries. i2 Cautionary Language This press release contains 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. , including forward-looking statements regarding anticipated benefits and improvements from the implementation of i2's software solutions. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from those projected. The risks and uncertainties include the customer's ability to implement i2 solutions successfully or to achieve benefits attributable to i2 products. 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/A filed August 7, 2001 and Form 10-Q Form 10-Q See 10-Q. filed August 14, 2001. i2 assumes no obligation to update the forward-looking information contained in this news release. |
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