DALLAS --
July 27, 2005i2 Technologies, Inc. (NASDAQ: ITWO), a leading provider of demand-driven supply chain solutions designed to enable business agility, today announced that John Cummings has been named senior vice president and chief marketing officer (CMO).
Cummings joins i2 from BearingPoint (formerly KPMG Consulting), one of the world’s largest business consulting, systems integration and managed services firms, where he was managing director of the firm’s Global Supply Chain Practice. As Managing Director he was the engagement partner for several business process strategy and transformation projects for Fortune 500 clients in multiple industries ranging from retail to industrial manufacturing.
As i2 CMO, Cummings will be responsible for defining i2’s brand, strategic marketing, lead generation and communications strategies, building winning competitive strategies, refining the i2 product mix and defining new solutions, and evaluating expansion into new markets.
“Throughout his career John has witnessed first-hand the challenges companies face when seeking optimal performance from their supply chains. His involvement at all levels – from end user to consultant – has helped many companies gain a competitive advantage through the use of supply chain technology,” said i2 Chief Executive Officer Michael McGrath. “He is recognized throughout the supply chain industry as a thought leader and I look forward to having him on our team as we continue to build and market the Next Generation of Supply Chain Management solutions.”
In addition to his six years at BearingPoint, Cummings spent two years as a director and manager in Oracle Corporation’s Industrial Sector Supply Chain Practice. He spent 12 years at United Parcel Service, working in a variety of positions in the company’s operations, finance, accounting and human resources divisions, and played a significant role in the start-up of UPS Worldwide Logistics which is now UPS Supply Chain Solutions. Prior to UPS, Cummings spent two years with IBM working in distribution/warehousing and PC manufacturing.
Cummings earned bachelor’s and master’s degrees in Economics from the University of Texas at Austin.
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About i2
i2 is a leading provider of demand-driven supply chain solutions designed to enable business agility. i2's flexible solutions can synchronize demand and supply across an ever-changing global supply network. Nineteen of the AMR Research Top 25 Global Supply Chains belong to companies who are i2 customers. Seven of the Fortune global top 10 are also customers of i2. Founded in 1988 with a commitment to customer success and supply chain innovation, i2 has a history of 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 may contain forward-looking statements that involve risks and uncertainties, including forward-looking statements regarding Cummings’ role at the company and i2’s ability to continue to build and market the Next Generation of Supply Chain Management solutions. 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 Quarterly Report on Form 10-Q filed May 10, 2005 and the Annual Report on Form 10-K filed March 16, 2005. i2 assumes no obligation to update the forward-looking information contained in this news release.
For further information, please contact:
Beth Elkin
i2 Corporate Communications
469-357-4225
Beth_elkin@i2.com
Mark Hillman
i2 Analyst and Investor Relations
617-551-2754
mark_hillman@i2.com
