Dallas and Beijing --
March 17, 2004i2 Technologies, Inc. (OTC: ITWO), a leading provider of end-to-end supply chain solutions, today announced that ZTE Corporation (ZTE), one of the largest telecom network equipment suppliers in China, has selected i2 to deploy its Supply Chain Management (SCM) solutions.
ZTE has experienced high growth in the last five years, and sales revenue reached more than $3 billion US dollars in 2003. ZTE selected i2 SCM as a key component of its strategic IT investment plan, formulated to help ZTE address its growth and achieve its goal of building a world class telecom manufacturing supply chain. This implementation plan calls for implementation of i2's Demand Planner, Supply Chain Planner, Factory Planner, Demand Fulfillment and Supply Chain Collaboration modules with i2's Common Integration Services platform and the integration of that entire suite with ZTE's existing implementation of Oracle ERP. ZTE intends to implement the i2 solutions as part of i2's high technology template, which brings together i2's 16 years of experience and industry best practices.
"ZTE exhibits tremendous vision in its initiative to gain further advantage over its competitors," said Sam Nakane, i2 president, Greater Asia-Pacific. "Working with ZTE is a major step in i2's continued support of information technology development in China. We strive to deliver value to local enterprises by providing unique technology to address our customers' toughest business challenges."
###
About ZTE
ZTE Corporation is a high-tech enterprise which specializes in research and development (R&D), production and marketing of communications equipment, providing customized network solutions for telecom carriers in optical, fixed, mobile and data communications networks as well as mobile phones. ZTE's customers include China Telecom, China Mobile, China Unicom, China Netcom as well as other international customers around the globe. Information about ZTE and its products can be found on the World Wide Web at http://www.zhongxing.com
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 may contain forward-looking statements that involve risks and uncertainties including forward-looking statements regarding the customer's ability to implement or integrate i2 solutions successfully and in a timely fashion, receive expected functionality and performance, or achieve benefits attributable to i2 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 Annual Report on Form 10-K filed on March 15, 2003. i2 assumes no obligation to update the forward-looking information contained in this news release.
For further information, please contact:
Kirsten Monberg
i2 Technologies
469-357-4966
Kirsten_monberg@i2.com
Elizabeth Chen
i2 Technologies China
86-10-65678440
Elizabeth_Chen@i2.com
