Manugistics Signs On With Team Dennis Conner in Pursuit of the America's Cup.Business Editors/Hi-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--Jan. 10, 2002 Dennis Conner Dennis Walter Conner (born September 16, 1942) is an American yachtsman who has participated in the America's Cup nine times. The America's Cup is considered by most to be the pinnacle event of the sport of yachting. Launches Pursuit of Fifth Title with Today's Christening christening: see baptism. of Stars & Stripes featuring Manugistics' Support Manugistics Group, Inc. (Nasdaq: MANU), the leading global provider of Enterprise Profit Optimization(TM) (EPO EPO see erythropoietin. EPO Erythropoietin, see there ) solutions that help companies enhance margins by lowering costs and improving revenues across their supply-demand networks, today announced its multi-year support of the Team Dennis Conner/New York Yacht Club challenge in pursuit of the 2003 America's Cup America's Cup: see sailing. America's Cup Most prestigious trophy in international yachting competition. First offered under another name in Britain in 1851, the cup was won easily by the America from New York and subsequently became known as the . With today's christening of the team's yacht, Stars & Stripes, Manugistics will formally begin its sponsorship of the team's effort that will feature the company's logo prominently displayed on the boat's boom. "We're delighted to work with Manugistics to help return the Auld auld adj. Scots Old. Adj. 1. auld - a Scottish word; "auld lang syne" old - of long duration; not new; "old tradition"; "old house"; "old wine"; "old country"; "old friendships"; "old money" Mug to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. in 2003," said Conner. "Manugistics embodies a winning tradition based on teamwork and innovation that will make a great addition to our efforts. I'm especially impressed with their focus on helping companies `expand their margins' as we certainly hope to expand our margin of victory throughout the Cup's competition." Team Dennis Conner, which is led by the four-time America's Cup winner, has joined with the New York Yacht Club The New York Yacht Club is a private yacht club based in New York City and Newport, Rhode Island. Founded in 1844, it is one of the world's most distinguished and influential yachting institutions. Its members have contributed to the sport of yachting and yacht design. in a new effort to capture the most well-known prize in all of sports. With the support of Manugistics, the team today christened Stars & Stripes (USA-66) that has been developed to compete in the Louis Vuitton Cup
The Louis Vuitton Cup is one of the most famous and prestigious competitions in the sport of yachting because of its relationship to the America's Cup. commencing this October in the waters off Auckland, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . The winner of this challenger series will then compete against the incumbent Team New Zealand Team New Zealand (TNZ) is an America's Cup sailing team which is based in Auckland and represents New Zealand. The team officially represents the Royal New Zealand Yacht Squadron, and they have become a household name in their home country following their consecutive wins in the for the America's Cup in a best-of-nine series beginning on February 15, 2003. "Our sponsorship of the premier team in the world's most prestigious competition reflects the growing role that Manugistics is playing in today's global business environment," said Rich Bergmann, Manugistics' president. "Both world-class sailing and business require the expertise, tactical execution and intense teamwork necessary to combine highly complex strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. with nimble response capability. Team Dennis Conner and Manugistics are distinguished by our commitment to state-of-the-art technology and deep team experience - qualities that help you succeed against the competition. We look forward to victory in New Zealand for the Stars & Stripes." Conner and the Stars & Stripes will take a short break this May from a rigorous training program to participate in Manugistics' award-winning enVISION conference in San Diego, May 5-8, 2002. During this event, attendees consisting of Manugistics' over 1,100 client companies, leading businesses, partners, media and analysts will not only have the opportunity to learn first-hand the latest in business thinking from a number of industry leaders - including former GE Chairman and 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. Jack Welch in an exclusive keynote session - but will also enjoy the chance to wish the Stars & Stripes team well as it prepares for its upcoming competition. About Team Dennis Conner Team Dennis Conner and the New York Yacht Club have partnered to put forth the finest team of designers, sailors and shore side support to win America's Cup XXXI and return the Auld Mug to the United States. The America's Cup begins in October 2002 with a four-month challenger elimination series known as the Louis Vuitton Cup. The winner of the Louis Vuitton Cup will challenge Team New Zealand for the right to defend the America's Cup in a best-of-nine series starting on February 15, 2003. About Manugistics Group, Inc. Manugistics 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 provides comprehensive solutions - for supplier relationship management, supply chain management, and pricing and revenue optimization. Its 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. FORWARD LOOKING STATEMENT 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 Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. . 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 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. for the year ended February 28, 2001 and Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended August 31, 2001, and pending registration statement on Form S-3 filed December 21, 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, Inc. All other product or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. |
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