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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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Date of Report (Date of earliest event reported): April 19, 2000
MANUGISTICS GROUP, INC.
(Exact name of issuer as specified in its charter)
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<S> <C> <C>
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 and zip code)
(301) 984-5000
(Registrant's telephone number, including area code)
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Item 5. Other Events.
On April 19, 2000, Manugistics Group, Inc. (the "Company") issued a press
release announcing that Hau L. Lee, Ph.D., a Professor at Stanford University,
had been appointed to the Company's board of directors.
A copy of the press release appears as Exhibit 99 to this Report and is
incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
The following is filed as an Exhibit to this Report:
Exhibit Number Description
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99 Press Release dated April 19, 2000.
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SIGNATURE
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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, thereunto duly authorized, in the City of Rockville, State of
Maryland, on the 27th day of April, 2000.
MANUGISTICS GROUP, INC.
By: /s/ Raghavan Rajaji
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Raghavan Rajaji
Executive Vice President and
Chief Financial Officer
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EXHIBIT INDEX
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Exhibit Number Description
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99 Press Release dated April 19, 2000.
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Exhibit 99
Contact: Joel Weinshank
Manugistics, Inc.
[email protected]
301-984-5330
Josh Zecher
FitzGerald Communications Inc.
[email protected]
703-248-7208
Immediate Release
MANUGISTICS NAMES STANFORD PROFESSOR
HAU L. LEE TO BOARD OF DIRECTORS
Leading Authority On Supply Chain Integration And
Coordination Joins Manugistics Board
ROCKVILLE, Md. -- APRIL 19, 2000 -- Manugistics Group, Inc. (Nasdaq: MANU), a
leading provider of eBusiness solutions that enable intelligent decisions across
trading networks, today announced that Stanford University Professor Hau L. Lee,
Ph.D., has been appointed to the company's board of directors. Widely recognized
as a leading authority on supply chain integration and coordination, Dr. Lee is
expected to provide key guidance to Manugistics as the company continues on its
B2B growth strategy.
"With its robust eBusiness solutions, first-class management team and strong
customer base, Manugistics is poised to be a leading company providing eBusiness
and supply chain solutions for industry at large," said Lee. "Manugistics is
defining the future of the integration of fundamental planning and order
fulfillment technologies, and the evolution of the eMarketplace. This is a
company that is executing against its strategic plan both within the enterprise
and across extended trading networks, and I am very excited to join its board of
directors."
"Dr. Lee is a recognized expert in supply chain management, with knowledge and
insights that expertly complement Manugistics' eBusiness strategy," said Greg
Owens, Manugistics president and CEO. "His leadership in supply chain
integration and collaboration has helped leading electronics and high technology
companies, and companies in other major vertical industries, succeed with new,
innovative supply chain solutions and business models. We expect Dr. Lee's
expertise, both in supply chain management and across multiple industries, will
be of key strategic value to our business going forward."
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Currently a Kleiner Perkins, Mayfield and Sequoia Capital professor at the
Department of Management Science and Engineering, and the Graduate School of
Business, at Stanford, Lee has consulted on supply chain management, eBusiness,
and global logistics strategy for companies in the computer, pharmaceutical,
automobile, telecommunications, grocery, and semiconductor industries. His
consulting projects include development of eProcurement strategies, and
integration of front end and back end operations for eBusiness ventures.
Lee is the founding and current director of the Stanford Global Supply Chain
Management Forum, an industry-academic consortium established to advance the
theory and practice of global supply chain management. In addition to
Manugistics, Forum partners include leading high technology companies such as
Cisco Systems, Hewlett-Packard, IBM, Lucent Technologies, Nokia, Solectron,
Texas Instruments, 3Com and Quantum.
Lee is perhaps best known for popularizing the "Bull Whip Effect," - a phrase
that describes how the relatively minor acts of one trading partner can create
large information distortions at other points in the supply chain. According to
Lee, initiatives such as eProcurement, vendor managed inventory, Collaborative
Planning, Forecasting and Replenishment (CPFR), cross-enterprise integration,
and total supply chain visibility have been created to counter the Bull Whip
Effect.
Lee obtained a bachelor's of social sciences degree in economics and statistics
from the University of Hong Kong, and a master's of science degree in
operational research from the London School of Economics. He also holds master's
of science and doctor of philosophy degrees in operations research from the
Wharton School of Business at the University of Pennsylvania.
About Manugistics, Inc.
Headquartered in Rockville, Md., Manugistics Group, Inc. is a leading provider
of eBusiness solutions that enable intelligent decisions across trading
networks. With more than 900 clients, Manugistics powers intelligent decisions
for profitable growth in leading companies such as Coca-Cola Bottling, Compaq,
DuPont, General Electric, Harley-Davidson, Hormel, Mobil, Nestle, Timberland,
Unilever, United Distillers and Vintners, and Wal-Mart.
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, Manugistics limited operating history,
anticipated losses, unpredictability of future revenues, potential fluctuations
in quarterly operating results, competition, risks related to quarterly
performance, risks of system interruption, management of potential growth, and
risks of new business areas, international
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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 28, 1999
and Quarterly Reports on Form 10-Q for the quarters ended May 31, 1999, August
31, 1999, and November 31, 1999.
Manugistics is a registered trademark, and the Manugistics logo and the phrase
"Leveraged Intelligence" 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. Information about Manugistics can be
found at the company's site on the World Wide Web, at
http://www.manugistics.com.
