i2 Announces Additional Restructuring

Dallas -- March 15, 2004

i2 Technologies, Inc. (OTC: ITWO), a leading provider of closed-loop supply chain management solutions, today announced that the company will undergo a restructuring exercise in an effort to reduce expenses and strengthen its balance sheet. 

The company plans to reduce its quarterly operating expenses by approximately ten percent through workforce, program, and other expense reductions in all its organizations and regions. The reduction is expected to decrease total operating expenses for the second quarter of 2004 by approximately ten percent as compared to the levels i2 reported for the fourth quarter of 2003. The company will continue to invest in sales initiatives and other customer-facing activities to help stabilize revenues in parallel with the restructuring.

"This restructuring is a continuation of our ongoing efforts to strengthen the balance sheet and return the company to profitability," said i2 chairman and CEO Sanjiv Sidhu.  "We feel confident that the planned reductions will result in minimal customer impact."

The company also announced that, based on the status of settlement negotiations with respect to the various class action and derivative lawsuits currently pending against the company, it has established an accrual of $42.0 million relating to a possible settlement of those lawsuits. The accrual represents the company's estimate of the amount, in excess of expected payments from its insurance carriers, that will be required to be paid by i2 if a settlement of the lawsuits is achieved.  The company anticipates that it will obtain proceeds of approximately half of the accrued amount from the sale of common stock to certain of the individual defendants in the lawsuits in connection with any settlement of that litigation.

The accrual has been included in the company's 2003 financial statements filed today as part of its Annual Report on Form 10-K for the year ended December 31, 2003. The effect of this accrual was to reduce the company's earnings per share by $0.09 for both the year and quarter ended December 31, 2003, from the amount the company announced on January 27, 2004.  Including the effect of the accrual, the company's diluted earnings (loss) per share for the year and quarter ended December 31, 2003 were $0.00 and $(0.11), respectively. The company had previously indicated at the time of its January 27 announcement that an accrual might be required to be recorded in its 2003 financial statements and that the effect would be a reduction in earnings for the fourth quarter of 2003.

Negotiations to reach a final and definitive settlement of the class action and derivative lawsuits are continuing. There can be no assurance that these negotiations will result in a settlement of the lawsuits.  Any settlement would be subject to numerous conditions, including the execution of a settlement agreement and court approval.  If achieved, any settlement will involve significant cash payments from i2. The company noted that such cash payments could be more than the amount currently estimated and accrued for in i2's financial statements for the year ended December 31, 2003.

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 worldwide 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.
i2 is a registered trademark of i2 Technologies US, Inc. and i2 Technologies, Inc.

i2 Cautionary Language
This press release contains forward-looking statements that involve risks and uncertainties including forward-looking statements regarding estimated expense reductions, the scope and focus of i2's restructuring activities, i2's continued investment in sales initiatives and customer-facing activities, the accrual for estimated loss relating to a possible settlement of pending class action and derivative lawsuits, the potential settlement of such actions and a potential sale of common stock to certain individual defendants in the lawsuits in connection with the settlement of that litigation. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from those projected. For a discussion of factors which could impact i2's financial results and cause actual results to differ materially from those in forward-looking statements, please refer to i2's recent filings with the SEC, particularly the Annual Report on Form 10-K filed on March 15, 2004. i2 assumes no obligation to update the forward-looking information contained in this news release.

For further information, please contact:

Melanie Ofenloch
i2 Corporate Communications
469-357-3027
Melanie_Ofenloch@i2.com

Barry Sievert
Shelton Investor Relations for i2
972.239.5119 ext. 134
bsievert@sheltongroup.com