I-many Hosts 11th Annual Summit on Contract Management; Premier Conference on Contract Lifecycle Management will bring Together Hundreds of I-many Customers Worldwide.

EDISON, N.J. -- I-many, Inc. (NASDAQ:IMNY), the leading provider of advanced Contract Lifecycle Management (CLM) solutions for managing corporate commitments, today announced that their 11th annual customer conference, I-many Summit 2006, will be held in New Orleans on November 6-9. The event brings together I-many's world-class customers, partners and industry thought leaders to discuss business trends, best practices and I-many's state-of-the-art next generation platform and solutions shaping the future of CLM. This year's theme is "Jazzing up the Future," and in an effort to help revitalize New Orleans, I-many will be donating two percent of the registration and sponsorship fees to a Katrina Fund.

I-many customers, staff, as well as sponsors, including Accenture and Envision, are scheduled to share their knowledge, experience and key trends in contract management. The Summit is also filled with invaluable product information and unparalleled networking opportunities throughout the event with a variety of social events that showcase New Orleans history and culture.

Inspirational presentations by keynote speakers--including Tim Cummins, executive director of IACCM, and Joel Winterton, owner of SET Enterprises--will launch the four-day event. Attendees will be able to offer input regarding new products in focus groups, and have the opportunity to participate in hands-on sessions with the full suite of I-many solutions where they can learn how to obtain greater value from their I-many investments. Educational sessions and panel discussions for both life sciences and general industry will be many and diverse, addressing issues such as the impact of new regulations, latest trends in CLM automation, and the importance of analytics.

"As one of the largest events dedicated to the topic of Contract Lifecycle Management, I-many Summit 2006 provides all individuals who are responsible for corporate contracting to not only learn about best practices in contract management, but also to share their knowledge and experiences with other peers," said John Rade, chairman, president, and CEO of I-many. "With 8 tracks and over 50 educational sessions, customers ranging from technical experts and business users to C-level executives, will benefit from attending the Summit. I look forward to meeting our customers personally in New Orleans."

I-many customers and partners can view the complete event schedule, tracks, sessions and register for I-many Summit 2006 at http://www.imany.com/summit/.

About I-many(R)

I-many (NASDAQ:IMNY) is the leading provider of advanced Contract Lifecycle Management solutions for managing corporate commitments. Designed to extend beyond the traditional contract management capabilities, I-many ContractSphere(R) offers an end-to-end solution, from pre-contract processes and contract management to transaction compliance. Ultimately, this provides companies with the visibility and control needed to manage any type of commitment - from contracts and obligations to payments and collections. The result is increased revenue, minimized risk and dramatically reduced operating costs, which deliver improved profitability with hard return on investment. More than 280 customers across 21 industries worldwide have implemented and realized the value of I-many business solutions. For more information, please visit www.imany.com.

This news release contains forward-looking statements, and actual results may vary from those expressed or implied herein. Factors that could affect these results include: the risk of unforeseen technical or practical impediments to planned software development and other risk factors set forth from time to time in the Company's filings with the Securities and Exchange Commission.