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Manugistics Names Anand Medepalli as Vice President of Solution Strategy, Revenue Management
Bracknell, UK, 11th February 2005 – Manugistics Group, Inc. (NASDAQ: MANU), a global provider of demand and revenue management solutions, today announced it has appointed Anand Medepalli as the Vice President of Solution Strategy in its Revenue Management group, reporting to Ed Daihl, Group Vice President of the Revenue Management organisation.
Manugistics’ revenue management solutions help many of the world’s most respected Travel, Transportation and Hospitality (TTH) companies achieve improved profits and superior customer service levels.
In his new role, Medepalli will focus on enhancing and expanding Manugistics’ innovative revenue management solutions and will bring price sensitive revenue management to market for the Travel and Transportation industries. Medepalli will also continue to help organisations recognise the power and value of integrated revenue management and the benefit from the adoption of collaborative forecasting, demand management, market segmentation, price optimisation, capacity planning, cost reduction and revenue maximisation capabilities.
“Anand’s new role reflects the increasing importance of revenue management, not only to Manugistics but also, to the business success and even survival of many of our customers in today’s ultra-competitive market,” said Daihl. “The opportunities for Manugistics in this sector are significant and Anand’s deep expertise in business process strategy and expert knowledge of the technology that powers revenue management solutions will ensure that we will capitalise on those vast opportunities.”
Since joining Manugistics in 1997, Medepalli has helped design, implement and manage major projects for numerous industry-leading clients in the travel and transportation sector including;
Continental Airlines, DHL, Great North Eastern Railway (GNER) and Swiss International Airlines.
Prior to joining Manugistics, Medepalli, who holds a Ph.D. in Mathematics from Iowa State University, was a Manager with Sabre's Airline Solutions group where he led the design and implementation of next generation airline capacity planning solutions.
About Manugistics Group, Inc.
Manugistics powers the demand-driven supply chain. Today, more than 1,200 clients trust Manugistics to help them drive profitable growth, unlock the value of their existing IT investments, and ensure the security and integrity of their global supply chains. Its clients include industry leaders such as AT&T, BMW, Boeing, Cingular, Circuit City, Coca-Cola Bottling, Delta Air Lines, DHL, Diageo, DuPont, Harley-Davidson, John Deere, Marriott, McCormick, Nestle, Nissan, RadioShack, Sanmina-SCI and Unilever. For more information, go to www.manugistics.com.
FORWARD LOOKING STATEMENT
This announcement contains forward-looking statements that involve risks and uncertainties that include, continuing weak demand for supply chain management software, the ability of the Company to effectively align its cost structure with revenues, and unintended adverse effects of the Company’s recent restructuring and cost containment initiatives. More information about factors that potentially could affect Manugistics’ financial results is included in Manugistics filings with the Securities and Exchange Commission, including its Annual report on Form 10-K for the year ended February 29, 2004 and Quarterly Report on Form 10-Q for the period ended November 30, 2004. Manugistics assumes no obligation to update the forward-looking information contained on this announcement.
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