to Accommodate Increasing Demand for Supply Chain Solutions. i2 Technologies, Inc. (NASDAQ:ITWO) announced today a reseller agreement with Konvergence, a leading provider of IT solutions and services to the retail industry in Italy. Konvergence will market, sell and implement i2 supply chain solutions and services to retailers in Italy to meet the increasing demand for retail solutions. The agreement will allow Konvergence to offer low-cost innovative on-demand and Software as a Service (SaaS) retail solutions to address the needs of the Italian market and deliver supply chain results within a short timeframe.
“The Italian market has a great potential for supply chain solutions and services, especially for the retail industry. Combining i2's innovative and value-creating supply chain solutions with our local market experience and knowledgeable team, Italian retailers can benefit greatly from working with Konvergence and i2.” said Patrizia Cicognani, Marketing Manager, Konvergence.
“We are very pleased to work with Konvergence given their proven expertise with innovative IT solutions in the Italian retail industry,” said i2 Senior Vice President of Retail Chuck Kramer. “i2 already has a large number of global customers within the retail industry using our supply chain solutions to achieve world-class operational results, and we look forward to working with Konvergence to expand knowledge of our solutions throughout Italy.”
Konvergence offers a wide range of innovative IT solutions and services for the retail industry and is an Italian market leader in retail store solutions. Thought its strategic partnerships, Konvergence is able to offer the best integrated solutions and services available in the market ranging from strategic management surveys to comprehensive CRM and supply chain projects. Konvergence has local offices in Bologna, Milan, Ravenna, Rome, Pescara and Campobasso. Learn more at www.konvergence.it.
Throughout its 20-year history of innovation and value delivery, i2 has dedicated itself to building successful customer partnerships. As a full-service supply chain company, i2 is uniquely positioned to help its clients achieve world-class business results through a combination of consulting, technology, and managed services. i2 solutions are pervasive in a wide cross-section of industries; 21 of the AMR Research Top 25 Global Supply Chains belong to i2 customers. 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, including, without limitation, statements regarding i2's partnership with Konvergence. These forward-looking statements are based on current expectations and 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 for the quarter ended September 30, 2008 and the Annual Report on Form 10-K for the year ended December 31, 2007. i2 expressly disclaims any current intention to update the forward-looking information contained in this news release.