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CONFORMED COPY
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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MANUGISTICS GROUP, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE 0-22154 52-1469385
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification Number)
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2115 EAST JEFFERSON STREET, ROCKVILLE, MARYLAND 20852
(Address of principal executive offices) (Zip code)
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(301) 984-5000
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On May 29, 1996, the Company issued a press release announcing that it
had entered into a definitive agreement to acquire all of the issued and
outstanding common stock of Avyx, Inc., a closely held Colorado company. Terms
of the transaction were not disclosed. A copy of the press release is attached
hereto and incorporated by reference herein.
ITEM 7. EXHIBITS
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Exhibit Number Description
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99.5 Press Release dated May 29, 1996
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Manugistics Group, Inc. has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
MANUGISTICS GROUP, INC.
Date: June 10, 1996 By: /s/ Peter Q. Repetti
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Peter Q. Repetti
Vice President, Finance and Administration
and Chief Financial Officer
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EXHIBIT INDEX
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Exhibit Number Description Sequentially Numbered Page
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99.5 Press Release dated May 29, 1996
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Contact: Michele Glorie or Laura Grimmer
For Manugistics, Inc.
617-494-9500
CaroleAnne Hardy
Manugistics, Inc.
301-984-5209
FOR IMMEDIATE RELEASE
MANUGISTICS COMPLETES AVYX, INC. ACQUISITION
END-TO-END SUPPLY CHAIN MANAGEMENT ENHANCED WITH
ADVANCED MANUFACTURING SCHEDULING SOLUTION
ROCKVILLE, MD, May 29, 1996 -- Manugistics Group, Inc. (Nasdaq:MANU),
the leading provider of software and services for supply chain management,
today announced the completion of its acquisition for cash of Avyx, Inc., a
leading provider of advanced manufacturing scheduling solutions. The
acquisition was completed May 28 after the execution of a definitive agreement
between the companies and approval by the Boards of Directors of both
companies. Financial terms of the acquisition were not disclosed.
"With Avyx, Manugistics has acquired the capability to become the
global leader in advanced manufacturing scheduling," said Kenneth S. Thompson,
Manugistics executive vice president for supply chain products. "The Avyx
object-oriented technology tools give us the opportunity to solve complex
manufacturing scheduling problems, including high-volume repetitive, discrete
and process. The Avyx scheduling methodology provides a unique ability for our
clients to adjust dynamically their manufacturing schedules to respond to
real-world business changes."
Manugistics will continue to market its existing Manufacturing
Planning solution, as well as Avyx's advanced technology. The products will be
integrated in Manugistics' Advanced Manufacturing Scheduling solution, which
will be available later this fiscal year.
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MANUGISTICS COMPLETES AVYX ACQUISITION 2-2-2-2
"Avyx's expertise in developing leading manufacturing scheduling tools
enhances Manugistics' supply chain solution," said Bruce Richardson, vice
president of business development at Advanced Manufacturing Research. "The
acquisition also strengthens Manugistics' presence in high-growth market
segments, such as consumer goods, high technology, chemical, and automotive
services and parts."
Developed in an object-oriented architecture, Avyx's solution provides
tremendous flexibility in adapting to unique business requirements and delivers
high levels of performance for "available-to-promise" calculations, ensuring
that products are manufactured on time. This scheduling methodology was
originally developed as part of a research project with NASA's space shuttle
program and has since been adapted for commercial use in manufacturing markets.
Avyx's employees, based in Englewood, CO, will make up Manugistics'
Center of Manufacturing Expertise. Manugistics will continue to support the
Avyx client base, which includes leading companies such as Burlington Menswear,
Corning, Inc., and Philip Morris USA.
Manugistics is the leading provider of software and services for
supply chain management. Supply chain management refers to managing the
complex interactions involved in the flow of products from raw materials,
through the manufacturing and distribution process, to delivery of finished
goods to customers. Manugistics software assists managers in making decisions
involving product demand, distribution, manufacturing, and transportation, not
only across an enterprise, but also among enterprises throughout the supply
chain.
Manugistics has been providing innovative supply chain management
software and services to clients around the globe for more than a decade.
Additional information about Manugistics can be found at the company's site on
the World Wide Web, at http://www.manugistics.com.
# # #
Manugistics, the Manugistics logo, and "working as one" are registered
trademarks of Manugistics, Inc.
