<PAGE> 1
Filed by i2 Technologies, Inc.
Pursuant to Rule 425 under the Securities
Act of 1933 and deemed filed pursuant
to Rule 14a-12 of the Securities
Exchange Act of 1934
Subject Companies:
i2 Technologies, Inc., Commission File No.: 000-28030
Aspect Development, Inc., Commission File No.: 000-20749
THE FOLLOWING IS A SUMMARY OF A SLIDE PRESENTATION
GIVEN BY i2 TECHNOLOGIES, INC. ON MAY 23, 2000
[i2 LOGO]
INTELLIGENT eBUSINESS SOLUTIONS
Wit SoundView
Internet Infrastructure Conference
May 23, 2000
(C)1995-2000 i2 Technologies, Inc. CONFIDENTIAL Slide 1
SAFE HARBOR INVOCATION
In our presentation today, and during the question and answer session, we may
make projections or forward-looking statements, including statements regarding
i2's ability to complete acquisitions, execute its strategy, achieve growth
targets, and provide benefits to customers, that involve risks and
uncertainties. These risks and uncertainties include various important factors
such as competition, market acceptance of our products, technological change,
recent business ventures, international operations and general economic
conditions. For additional discussion of factors which could impact the
Company's financial results, please refer to the Company's latest Form 10-K and
other recent reports filed with the SEC.
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 2
<PAGE> 2
[i2 LOGO]
INTELLIGENT eBUSINESS SOLUTIONS
Tony Levy, i2 Technologies
Dave Dury, Aspect Development
(C)1995-2000 i2 Technologies, Inc. CONFIDENTIAL Slide 3
Agenda
- - Overview of i2
- - The B2B opportunity
- - TradeMatrix for B2B
- - i2 + Aspect Development: 1 + 1 > 2
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 4
Established Expertise in Supply Chain
[GRAPHIC SHOWING A FOUR QUADRANT MATRIX WITH THE LEFT BORDER LABELED "Ability to
Execute" AND THE BOTTOM BORDER LABELED "Completeness of Vision." THE UPPER LEFT
QUADRANT IS LABELED "Challengers" AND IS EMPTY. THE UPPER RIGHT QUADRANT IS
LABELED "Leaders" AND CONTAINS "i2." THE LOWER LEFT QUADRANT IS LABELED "Niche
Players" AND CONTAINS "Baan, JD Edwards, MAPICS, Peoplesoft, LPA, Mercia,
Honeywell, Demand Mgmt and Unicorn." THE LOWER RIGHT QUADRANT IS LABELED
"Visionaries" AND CONTAINS "SCT/Fygir, SAP, Manugistics, Paragon, Logility,
SynQuest, WebPlan and Aspen Tech."]
Source: Gartner Group (12/29/99)
Supply Chain Planning "Magic Quadrant" 1999
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 5
<PAGE> 3
TradeMatrix Evolved from
Supply Chain Optimization
[GRAPHIC SHOWING THE EVOLUTION OF INTELLIGENT EBUSINESS FROM FACTORY PLANNING
TO SUPPLY CHAIN OPTIMIZATION TO EBUSINESS PROCESS OPTIMIZATION TO
EMARKETPLACES TO TRADEMATRIX]
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 6
Positioned for Success
- - Most comprehensive solutions for B2B
- - Leading vision for intelligent eBusiness
- - Proven Record of execution
- - Facing historic opportunity
"i2 is in the right place
at the right time
with the right solution"
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 7
The B2B Opportunity
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 8
Intelligent eBusiness: More Than Just
Automating Buy-Sell Transactions
[BAR GRAPH DEPICTING THE INCREASE IN VALUE FROM WEB SITE PRESENCE TO
INTELLIGENT EBUSINESS AND CONTAINING THE BELOW-LISTED INFORMATION]
<PAGE> 4
<TABLE>
<CAPTION>
INTELLIGENT
WEBSITE eCOMMERCE eBUSINESS eBUSINESS
- ------- --------- --------- -----------
<S> <C> <C> <C>
Presence On-line Catalog Buying & Selling Synchronization &
Buying & Selling optimization of
end-to-end
Redeployment of business processes,
current spanning
business practices multiple enterprises
</TABLE>
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 9
Independent Trading Exchanges Must
Evolve to Higher Functionality
source: AMR Research, 2000 i2's ITE strategy
[CHART SHOWING EVOLUTION OF TRADING EXCHANGES FROM LOW TO HIGH
FUNCTIONALITY AS INDICATED BELOW]
<TABLE>
<S> <C> <C> <C> <C>
High | - Support for Workflow
| - Integration with Supplier and
<------------| Buyer Back-end systems
| - Integration with other ITEs
| - Support for Reverse Logistics
| - OLAP Capability
Strengths of Registered Participants
Business Model - Hold Account Receivable
- Support for Pre-negotiated
Terms and Prices
- Order Status
- Shipment Integration
Competition |
- Product/Service Posting |
- RFP/RFQ Posting |
- Collaboration/Planning |-------->
- Auction |
- Negotiation |
Directory
- Product Database
- Content Rationalization
- Search Capability
- Online Experts
- Editorial Content
- Discussion Forums
Low - Job Market
</TABLE>
Information Facilitation Transaction Integration
Functionality
<PAGE> 5
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 10
Introducing TradeMatrix
- - i2's TradeMatrix TM is the most comprehensive
eBusiness platform available, providing
the services, content and technology
required to rapidly build and
connect eMarketplaces.
[GRAPHIC DEPICTING NUMEROUS EMARKETPLACES
AND THEIR INTERACTION WITH ONE ANOTHER]
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 11
Differentiation of TradeMatrix
- - Most open, comprehensive
B2B2C solutions in the market
- Breadth of services [GRAPHIC FROM SLIDE
- Rich content 11 SHOWN HERE]
- Marketplace-to-marketplace
connectivity
- Physical fulfillment
- i2 heritage of
delivering
B2B value
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 12
Working on Over 50 Marketplaces
- - TradeMatrix launched Oct-99 [tradeMatrix LOGO]
- - Industry Public Marketplaces [eService Matrix [homeElectronicsMatrix
LOGO] LOGO]
<PAGE> 6
[hightechMatrix [freightMatrix [softgoodsMatrix
LOGO] LOGO] LOGO]
- - Some Other Announced Marketplaces
- Alliant, VF Corp, Med-Surg, Planet-One (timber), FDI-FMI,
Volkswagen, Renault, Gate Gourmet, Computer Broker
Exchange, AT&T Canada, Siemens IT Service, many more...
[iStarXchange [FASTURN ecampus.com
LOGO] LOGO] LOGO]
[MyAircraft.com [ChemicalsWorld.com
LOGO] LOGO]
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 13
i2's Combined Offerings
[GRAPHIC SHOWING VARIOUS SERVICES - THE i2 LOGO AND THE ASPECT DEVELOPMENT
LOGO ARE LOCATED ABOVE "design" AND "source," THE IBM LOGO, i2 LOGO, AND
ARIBA LOGO ARE LOCATED BELOW "buy," AND THE i2 LOGO IS LOCATED ABOVE "make,"
"move," "store," "sell" and "customer management"]
B2B Content [aspect LOGO supplybase.inc LOGO]
Physical Execution [freightMatrix LOGO]
<TABLE>
<S> <C> <C> <C> <C>
Mfg/Dist move preferred financial measured
Execution products services settlement success
</TABLE>
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 14
[Aspect LOGO] [i2 LOGO]
Private Exchange Applications optimize the
Enterprise, and its interaction with Marketplaces
<PAGE> 7
[GRAPHIC DEPICTING GLOBAL LINK OF SUPPLIERS TO BUYERS AND RELATIONSHIP
BETWEEN DESIGN, OPERATIONS AND PROCUREMENT]
- Strategic sourcing
- Strategic product development
- Mission critical operations
Public Exchanges provide infrastructure and
services to support Collaborative Commerce
[GRAPHIC DEPICTING GLOBAL LINK OF SUPPLIERS TO BUYERS WITH PUBLIC EXCHANGES
AT THE CENTER]
- Content management
- Decision support
What Companies Want from an eMarketplace:
Leverage Across Multiple Trading Partners
[GRAPHIC DEPICTING GLOBAL LINK OF SUPPLIERS TO BUYERS WITH PUBLIC EXCHANGES
AT THE CENTER]
- Increase revenue through
collaborative product
development between
trading partners
- Reduce spend on direct
materials and mission-
critical MRO through
spend aggregation
- Reduce inventory
through collaborative
planning
- Increase customer
satisfaction through
intelligent fulfillment
and logistics
B Buyer
S Supplier
E Exchange [Aspect LOGO] [i2 LOGO]
<PAGE> 8
Why is This Important?
This new eMarket world can
- Increase profitability dramatically
- Increase the EPS of a company by 30% or more
- Make business vastly more efficient, conserving
precious resources
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 19
i2 + Aspect Span eBusiness Spectrum
Design Source Plan Buy Make Operate Move Store Sell Customer
[GRAPHIC DEPICTING VARIOUS SERVICES LISTED ABOVE]
B2B Content
- Design collaboration - Planning
- Spend aggregation for - Fulfillment
direct & operations
- Delivery
- B2B Content - Customer Care
[Aspect LOGO] - TradeMatrix B2B
platform
Content is the Core of an eMarketplace
[GRAPHIC SHOWING THE RELATIONSHIP OF CONTENT TO THE EMARKETPLACE WITH
"Content" AT THE CENTER SURROUNDED BY "Discover", "Aggregate" and
"Collaborate", ALL SURROUNDED BY "Transact"]
No Content, No B2B [Aspect LOGO] [i2 LOGO]
How Customers Benefit from the
Merger
<PAGE> 9
- Complete B2B technology platform and suite of
solutions
- Enormous value proposition
- 30%+ increase in EPS for customers
- Partner of scale focused exclusively on B2B
- 4,000+ employees
- $200M R&D
- Open platform standard for B2B
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 22
How Shareholders Benefit
We've created a B2B powerhouse
- Accelerated revenue growth
- Increased market share
- B2B platform of choice in one of the largest and
fastest growing markets of all time
- Outstanding competitive advantage
- No other company has this complete B2B technology platform and suite of
solutions today
- No other company can develop it or acquire
their way to it any time soon
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 23
i2 + Aspect Metrics (1Q2000)
1 + 1 > 2
<TABLE>
<CAPTION>
1Q2000 metrics
(excl. special charges) ITWO ASDV
---- ----
<S> <C> <C>
Revenues $186.3 M $34.9 M
Operating margin 9.2% 12.4%
EPS $.07 $.06
</TABLE>
<PAGE> 10
<TABLE>
<S> <C> <C>
Deferred rev's. $136.7 M $19.6 M
Cash & invest's. $1,027 M $95.7 M
Operating cash $66.7 M $7.0 M
flow
Employees 3,200 900
</TABLE>
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 24
Investment Conclusion
- - Evolution of eBusiness = Opportunity
"in the right place at the right time with the right solution"
- - TradeMatrix solutions are highly differentiated
- - Aspect expands value to customers
- - The safe choice in B2B
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 25
Selected Customers
[GRAPHIC DISPLAYING THE LOGOS OF BRISTOL-MYERS SQUIBB COMPANY, DELL, GE, 3M,
HEWLETT PACKARD, JOHNSON&JOHNSON, DOLE, IBM, TEXAS INSTRUMENTS, TIMEX,
CORNING, MERCK, COMPAQ, OXY, WHIRLPOOL, FORD, TOSHIBA, CASE, USS, BOEING,
LIPTON, FUJITSU, VF CORPORATION, WARNACO, BRITISH STEEL, AMAZON.COM AND GM]
(C)1995-2000 INTELLIGENT eBUSINESS SOLUTIONS
i2 Technologies, Inc. [i2 LOGO]
CONFIDENTIAL Slide 26
Cautionary Note Regarding Forward-Looking Statements under the Private
Securities Litigation Reform Act of 1995: Information in this release that
involves i2 Technologies, Inc.'s ("i2") expectations, beliefs, hopes, plans,
intentions or strategies regarding the future are forward-looking statements
<PAGE> 11
that involve risks and uncertainties. These statements include statements about
i2's strategies in the marketplace, its market position and its relationship
with customers. All forward-looking statements included in this release are
based upon information available to i2 as of the date of the release, and we
assume no obligation to update any such forward-looking statement. These
statements are not guarantees of future performance and actual results could
differ materially from our current expectations. Factors that could cause or
contribute to such differences include, but are not limited to, risks relating
to the completion of the contemplated Aspect merger, including the risk that
required regulatory clearances or stockholder approval might not be obtained in
a timely manner or at all, and if completed, the successful integration of
Aspect Development, Inc. ("Aspect"), competition, the timing and successful
completion of technology and product development efforts, integration of the
technologies and businesses of i2 and Aspect, unanticipated expenditures,
changing relationships with customers, suppliers and strategic partners and
other factors described in the most recent Form 10-Q, most recent Form 10-K and
other periodic reports filed by i2 and Aspect, with the Securities and Exchange
Commission ("SEC").
Additional Information and Where to Find It: i2 has filed a Registration
Statement on Form S-4 in connection with the merger, and i2 and Aspect have
mailed a Joint Proxy Statement/Prospectus to stockholders of i2 and Aspect
containing information about the merger. Investors and security holders are
urged to read the Registration Statement and the Joint Proxy
Statement/Prospectus carefully. The Registration Statement and the Joint Proxy
Statement/Prospectus contain important information about i2, Aspect, the merger,
the persons soliciting proxies relating to the merger, their interests in the
merger, and related matters. Additional information regarding the persons
soliciting proxies and their security holdings in i2 and Aspect can be found in
the annual, quarterly and special reports, proxy statements and other
information filed by i2 and Aspect with the SEC. Investors and security holders
are able to obtain free copies of these documents through the website maintained
by the SEC at http//www.sec.gov. Free copies of the Joint Proxy
Statement/Prospectus and these other documents may also be obtained from i2 by
directing a request by mail to i2 Technologies, Inc., Investor Relations, One i2
Place, 11701 Luna Road, Dallas, Texas 75234, telephone: (469) 357-1000, and from
Aspect through the Investor Relations portion of Aspect's website at
http//www.aspectdv.com or by mail to Aspect Development, Inc., 1395 Charleston
Rd., Mountain View, CA 94043, attention: Investor Relations, telephone: (650)
428-2700.
In addition to the Registration Statement and the Joint Proxy
Statement/Prospectus, i2 and Aspect file annual, quarterly and special reports,
proxy statements and other information with the SEC. You may read and copy any
reports, statements or other information filed by i2 or Aspect at the SEC public
reference rooms at 450 Fifth Street, N.W., Washington, D.C. 20549 or at any of
the SEC's other public reference rooms in New York, New York and Chicago,
Illinois. Please call the SEC at 1-800-SEC-0330 for further information on the
public reference rooms. i2's and Aspect's filings with the SEC are also
available to the public from commercial document-retrieval services and at the
Web site maintained by the SEC at http://www.sec.gov.
i2, each of its directors, executive officers and certain other members of
management and employees may be soliciting proxies from i2 stockholders in favor
of the issuance of shares of i2 common stock in the merger. The names of such
persons who may solicit proxies are set forth in i2's Form 8-K as filed on March
14, 2000, as amended, and i2's Form 425 as filed on May 8,
<PAGE> 12
2000. The Registration Statement and the Joint Proxy Statement/Prospectus
contain important information about i2, the merger, the persons soliciting
proxies relating to the merger, their interests in the merger, and related
matters. Additional information regarding the persons soliciting proxies and
their security holdings in i2 can be found in the annual, quarterly and special
reports, proxy statements and other information filed by i2 with the SEC.
In addition to such individuals, Mr. Levy, the Director of Marketing for the
High Tech Independent Business Unit of i2, who participated in the presentation
that is the subject of this filing, may be deemed to be soliciting proxies as a
result of making such presentation. Mr. Levy holds 4,828 shares of i2 common
stock and an option to purchase 32,200 shares of i2 common stock.
Aspect, each of its directors, executive officers and certain other members of
management and employees may be soliciting proxies from Aspect stockholders in
favor of the adoption of the merger agreement. The names of such persons who may
solicit proxies are set forth in Aspect's Form 425 as filed on April 7, 2000.
The Registration Statement and the Joint Proxy Statement/Prospectus contain
important information about Aspect, the merger, the persons soliciting proxies
relating to the merger, their interests in the merger, and related matters.
Additional information regarding the persons soliciting proxies and their
security holdings in Aspect can be found in the annual, quarterly and special
reports, proxy statements and other information filed by Aspect with the SEC.
