<PAGE> 1
===============================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-------------------------------------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
-------------------------------------------------------------
Date of Report (date of earliest event reported): June 2, 1998
MANUGISTICS GROUP, INC.
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
DELAWARE 0-22154 52-1469385
(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification Number)
</TABLE>
<TABLE>
<S> <C>
2115 EAST JEFFERSON STREET
ROCKVILLE, MARYLAND 20852
(Address of principal executive offices (Zip Code)
</TABLE>
(301) 984-5000
(Registrant's telephone number, including area code)
===============================================================================
<PAGE> 2
ITEM 5. OTHER EVENTS
On Monday, June 2, 1998, the Company issued a press release announcing
that it had completed the acquisition of Los Altos, California-based TYECIN
Systems, Inc. A copy of the press release is attached hereto and incorporated
herein by reference.
ITEM 7. EXHIBITS
Exhibit Number
99.4 Press Release dated June 2, 1998.
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Manugistics Group, Inc.
Date: June 2, 1998 By: /s/ Peter Q. Repetti
--------------------
Peter Q. Repetti
Senior Vice President and Chief
Financial Officer
(Principal Financial Officer and Chief
Accounting Officer)
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
<S> <C>
EXHIBIT NUMBER DESCRIPTION
99.4 Press Release dated June 2, 1998
</TABLE>
<PAGE> 1
Exhibit 99.4
Contacts: Charlotte Penner or
Kristan De La Rosa
Manugistics, Inc.
301-984-5000
FOR IMMEDIATE RELEASE
MANUGISTICS COMPLETES ACQUISITION
OF TYECIN SYSTEMS
ROCKVILLE, MD., JUNE 2, 1998 - Manugistics Group, Inc. (Nasdaq: MANU),
the world's most recognized name in supply chain management, today announced
that it has completed the acquisition of TYECIN Systems Inc., the leading
supplier of advanced planning and scheduling applications for the semiconductor
industry. Announced yesterday in a press release, the merger with Los Altos,
California-based TYECIN will create a comprehensive solution for
customer-centric supply chain optimization that considers the unique
complexities faced by semiconductor manufacturers from global planning to the
factory floor. In addition, the solution will deliver significant benefits to
other industries that interact with semiconductor manufacturers as part of
their extended supply chain, such as computers, consumer electronics,
telecommunications and industrial equipment.
With this merger, Manugistics will offer the only integrated solution
optimized for semiconductor manufacturers and other high-tech industries to
enable them to deliver products on-time with consistent, high quality. The
solution will enable companies to optimize global production resources for
maximum performance, deliver real-time available-to-promise+ (ATP+) and
manufacturing planning and scheduling, increase forecast accuracy, especially
(more)
<PAGE> 2
MANUGISTICS COMPLETES ACQUISITION OF TYECIN SYSTEMS PAGE 2
for short life-cycle products, and collaborate with suppliers and customers
through Manugistics NetWORKS(TM). A combined solution is available immediately.
The fully integrated solution is planned for later this year as part of
Manugistics5.
TYECIN Systems, which is uniquely focused on semiconductors and the
complex microelectronics industry, has a broad base of clients using its
factory-level planning and scheduling software. Its products are installed at
over 350 sites, including eight of the top 10 semiconductor manufacturers, as
well as leading foundries, fabless companies, and manufacturers in the thin
film disk and flat panel display industries. TYECIN's client base includes
industry leaders such as Fujitsu, Hewlett-Packard, Hitachi, IBM, Level One
Communications, Texas Instruments, Toshiba, and TSMC (Taiwan). TYECIN's product
line also includes a supply chain optimization planning product designed for
the specific needs of the semiconductor industry, which is currently
operational at Harris Corp. and planned for commercial release this year.
Headquartered in Rockville, Maryland, Manugistics, Inc. is the world's
most recognized name in supply chain management and has the largest global
client base of any supply chain provider. The company's solutions are used by
over 630 companies to improve the flow of product within and among companies
from raw materials or parts through manufacturing to delivery of product to the
end customer. Manugistics' solutions for customer-centric supply chain
optimization uniquely allow its clients to create and optimize their supply
chains around their customers and are quick to implement, adapt easily to
change and deliver rapid results. Its clients include leading companies such as
Compaq, Harley-Davidson, Nike, Frito-Lay, Wal-Mart, DuPont, and Nortel.
(more)
<PAGE> 3
MANUGISTICS COMPLETES ACQUISITION OF TYECIN SYSTEMS PAGE 3
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements that involve
risks and uncertainties. The success of the merger and future operating results
of the combination of Manugistics and TYECIN may differ from the results
discussed or forecasted in the forward-looking statements due to factors that
include, but are not limited to, risks associated with merger, such as the
potential difficulties in the assimilation of operations, strategies,
technologies, and products of the acquired company; the risk of loss of key
personnel of the acquired company; diversion of management attention from other
business concerns; risks of entering new markets and risk associated with
TYECIN's business, including the risk of variations in operating results,
current and expected competition; and the need to continue to expand product
distribution, particularly internationally. For further information, please
refer to reports and other documents filed by the Company with the Securities
and Exchange Commission which are publicly available, copies of which also may
be obtained by contacting the Company's Investor Relations department at
301-984-5409.
# # #
Manugistics, the Manugistics logo, and working as one are registered trademarks
of Manugistics, Inc. Additional information about Manugistics can be found at
the company's site on the World Wide Web, at http://www.manugistics.com.
