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CONTACT INFORMATION: Didi Blackwood Nate Wallace
Corporate Communications Investor Relations
301-255-3143 202-736-1652
[email protected] [email protected]
Raj Rajaji
Chief Financial Officer
301-984-5087
MANUGISTICS ANNOUNCES TWO-FOR-ONE
STOCK SPLIT
ROCKVILLE, MD. -- NOVEMBER 8, 2000 -- Manugistics Group, Inc. (Nasdaq: MANU), a
leading global provider of intelligent supply chain and eBusiness solutions for
enterprises and evolving trading networks, today announced that its board of
directors has approved a two-for-one split of the company's outstanding shares
of common stock.
The stock split will be effected in the form of a 100% stock dividend and will
entitle each stockholder of record at the close of business on November 20, 2000
to receive one additional share of common stock for every share held on the
record date. Certificates representing the additional shares will be distributed
by Manugistics' transfer agent on the dividend payment date of December 7, 2000.
Manugistics' common stock will begin trading on a post split basis on December
8, 2000.
ABOUT MANUGISTICS, INC.
Headquartered in Rockville, Md., Manugistics Group, Inc. is a leading global
provider of intelligent supply chain and eBusiness solutions for enterprises and
evolving trading networks. With more than 900 clients, Manugistics powers
intelligent decisions for profitable growth in leading companies such as 3Com,
Amazon.com, BP, Cisco Systems, Coca-Cola Bottling, Commerx, Compaq, DuPont,
FreightWise, General Electric, Harley-Davidson, Hormel, Nestle, Texas
Instruments, Timberland and Unilever.
FOR ADDITIONAL INFORMATION REGARDING THIS ANNOUNCEMENT, CONTACT THE MANUGISTICS
NEWSBUREAU HOTLINE AT 301-984-5330.
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This announcement contains forward-looking statements that involve risks and
uncertainties that include, among others, anticipated losses, unpredictability
of future revenues, potential fluctuations in quarterly operating results,
competition, risks related to quarterly performance, risks of system
interruption, anticipated client benefits, delivery of software functionality,
management of potential growth, and risks of new business areas, international
expansion, business combinations and strategic alliances. 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 for the year ended February 29, 2000
and its Quarterly Report on Form 10-Q for the quarter ended August 31, 2000.
Manugistics is a registered trademark, and the Manugistics logo, the phrase
"Leveraged Intelligence," and 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. Additional information
about Manugistics can be found at the company's site on the World Wide Web, at
http://www.manugistics.com.
