DALLAS --
August 19, 2004i2 Technologies, Inc. (OTC: ITWO), a leading provider of closed-loop supply chain management solutions, today announced that business and technology visionary Michael E. McGrath, a renowned expert on supply chain management, product development, and strategy, will join the i2 Board of Directors.
McGrath is co-founder of Pittiglio Rabin Todd & McGrath (PRTM), a leading management consulting firm to technology-based companies. He retired as chairman and CEO of PRTM’s Atlantic Region in July after spending 28 years building the company into a world-class management consulting firm. While at PRTM, he initiated the company’s product development consulting practice and led efforts in refining the PACE® methodology, establishing it as one of the most successful and effective models of the product development process for technology-based industries. In 1993, McGrath created the Supply-Chain Operations Reference-model® (SCOR®) to define a standard for the supply chain management process, which is now managed as an industry standard by the Supply-Chain Council.
McGrath also founded IDe, a leading provider of integrated solutions for Development Chain Management in June 1998, and has served as IDe chairman since October of that year. McGrath has worked as a consultant to more than 100 companies in the US, Europe, and Asia and is the author or co-author of five books and numerous articles. McGrath holds a bachelor’s degree in Computer Science and Management Science from Boston College and a master’s in business administration from Harvard Business School. He is also a certified public accountant. Prior to co-founding PRTM in 1976, he worked for Price Waterhouse & Co., Texas Instruments and McCormack & Dodge, where he contributed to the pioneering efforts to create the packaged applications software industry.
“We are pleased to have Michael McGrath join the i2 Board of Directors,” said i2 chairman and CEO Sanjiv Sidhu. “He brings a wealth of technology experience to the Board, as well as best practices experience from the more than 100 companies he’s consulted with through the years. We welcome his presence as an outside Director, and I look forward to his contributions.”
In addition to Sidhu, McGrath joins current Board members Harvey B. Cash, Richard Clemmer, Robert Crandall, 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
