DALLAS --
June 8, 2004i2 Technologies, Inc. (OTC: ITWO), a leading provider of closed-loop supply chain management solutions, today announced that technology executive Richard L. Clemmer will join the i2 Board of Directors.
Clemmer has over 30 years of experience in the technology industry, where he has held a variety of executive, financial and management positions. Since mid-2003, he has been chairman and president of Venture Capital Technology LLC, a company focused on investing in and consulting for technology companies. From 2001-2003 he served in variety of positions including chairman, chief executive officer and chief financial officer at PurchasePro.com, Inc., a provider of electronic procurement and strategic sourcing solutions. He also served as executive vice president, finance and chief financial officer of Quantum Corporation, a provider of hard disk drives and other storage solutions, from 1996 to 2001. From 1988 to 1996 Clemmer was senior vice president and chief financial officer of the Semiconductor Group of Texas Instruments Incorporated.
Clemmer is also on the Board of Directors of Agere Systems, serves on the Advisory Board of Epolicy and is chairman of u-Nav Microelectronics. He holds a bachelor’s degree in business administration from Texas Tech University and a master’s in business administration from Southern Methodist University.
"We are pleased to have Richard Clemmer join the i2 Board of Directors," said i2 chairman and CEO Sanjiv Sidhu. "He has an impressive background of leadership with a diverse group of technology companies, which will be beneficial to i2. He brings a valuable perspective to our Board as an outside Director, and I look forward to his contributions."
Clemmer joins current Board members Sanjiv Sidhu, Robert Crandall, Harvey B. Cash and Pranav Parikh. His term begins this month and will run until the annual meeting to be held later this year.
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About i2
A leading provider of closed-loop supply chain management solutions, i2 designs and delivers software that helps customers optimize and synchronize activities involved in successfully managing supply and demand. i2’s global customer base consists of some of the world’s market leaders – including seven of the Fortune global top 10. Founded in 1988 with a commitment to customer success, i2 remains focused on delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2.com.
For further information, please contact:
Beth Elkin
i2 Technologies
469-357-4225
beth_elkin@i2.com
Barry Sievert
Shelton Investor Relations for i2
972-239-5119 ext 134
bsievert@sheltongroup.com
