i2 Technologies and Think Systems Corporation Agree to Merge



Leading supply and demand chain planning software providers join forces to

offer world-class solutions.



May 16, 1997, 01:00 ET from i2 Technologies, Inc.

    IRVING, Texas, May 16 /PRNewswire/ -- i2 Technologies, Inc. (Nasdaq:   ITWO)
 and Think Systems Corporation ("Think Systems") of Parsippany, N.J. announced
 today that they have entered into an agreement to merge.  Under the terms of
 the agreement, i2 will issue 3.859 million shares of its common stock for all
 the outstanding shares and stock options of Think Systems.  Based on the
 closing price of i2 Technologies common stock on the Nasdaq National Market on
 May 15, 1997, the transaction is valued at approximately $146.6 million.  The
 merger is intended to qualify as a tax-free reorganization and be accounted
 for as a "pooling of interests."
     In related news, i2 also announced a merger with Optimax Systems
 Corporation of Cambridge, MA.
 
     Creating next-generation supply chain decision support solutions
     In January, 1996, i2 and Think Systems entered into an OEM agreement to
 integrate Think Systems' FYI Planner demand management decision support
 software and i2's Rhythm(R) suite of intelligent planning and optimization
 solutions to provide enhanced forecast generation for manufacturing, sales,
 and marketing.  By helping companies avoid excess inventory, unused capacity
 and missed due dates, the combined FYI Planner/Rhythm solution is well on its
 way to delivering on i2's goal of adding $50 billion in customer value through
 savings and growth by the year 2005.
     i2 is committed to bringing next-generation supply chain decision support
 solutions to market.  The decision to merge the two companies was a natural
 progression based on technological synergies and the success of the
 partnership.  The merger enhances i2's ability to provide innovative, broadly
 applicable solutions and robust functionality to vertical industry groups
 today.
     "i2 and Think Systems have been collaborating for the past 18 months on
 the deployment of the next generation of supply chain decision support
 solutions," said Sanjiv Sidhu, Chairman and CEO, i2 Technologies.  "The
 success of our joint customers in improving supply chain efficiencies has been
 one of the driving forces behind the decision to unite the two organizations."
     "The i2-Think Systems relationship has been successful in part because of
 similar corporate cultures and methodologies," said Sandeep (Sandy) Tungare,
 President, Demand Management, i2 Technologies.  "Customers will benefit from
 the tight integration of our demand planning and supply chain optimization
 solutions and our commitment to providing the customers of both companies with
 the level of support and service that they are accustomed to receiving."  i2's
 Board of Directors has elected Tungare as a member upon completion of the
 merger.
 
     Development Synergies
     i2's powerful planning and optimization algorithms paired with Think
 Systems, multi-dimensional OLAP data representation capabilities for demand
 planning provide a broad-based solution that delivers full visibility across
 the supply chain.  This solution now provides planning across the supply chain
 from retailer to scheduling of manufacturing and distribution to sourcing of
 raw materials.
     In addition, Think Systems' mature development team should bring a
 valuable time-to-market advantage to i2 Technologies.  Think Systems has a
 development group located in India with over six years of proven experience
 delivering software that is in production at 50 sites worldwide.  The merger
 brings the head count in i2's R&D group to 265, which makes it the largest in
 the supply chain planning and optimization software industry.
     The i2/Think Systems partnership is already delivering value to common
 customers who have implemented the combined solution.  The two companies have
 successfully implemented integrated demand management and supply chain
 optimization solutions at a dozen customer sites, including E&J Gallo Winery,
 and 3M Company.
 
     Cautionary Language
     The Company noted that the above forward-looking statements are subject to
 change based upon various important factors such as competition, market
 demand, and technological change.  For additional factors which could impact
 the Company's financial results, please see the Company's Form 10-K filed in
 February 1997.
 
     About i2 Technologies
     Founded in 1988, i2 Technologies is the leading provider of intelligent
 planning and scheduling software for global supply chain management, with
 customers worldwide.  Its Rhythm family of products provides comprehensive
 intelligent support for planning and scheduling functions across both inter-
 enterprise and intra-enterprise supply chains. i2 is dedicated to providing
 its customers with the highest level of business value at the lowest possible
 cost.  The firm is headquartered in Irving, TX and maintains offices in the
 United States (Atlanta, Boston, Chicago, Charlotte, New York City, Dallas,
 Detroit, Los Angeles, Pittsburgh, Santa Clara); Europe (Brussels, London,
 Munich, Paris); Asia Pacific (Melbourne, Seoul, Singapore, Tokyo); Latin
 America (Brazil, Mexico City); and Canada (Toronto).  More information on i2
 Technologies is available on the World Wide Web at http://www.i2.com.
 
     About Think Systems
     Think Systems Corporation was founded in 1986.  The privately held
 software company provides premium demand chain solutions for sales, marketing
 and logistics departments representing a variety of industries, including
 consumer packaged goods, high technology, pharmaceutical, apparel, paper,
 automotive and other product-driven specializations.  Clients include Compaq
 Computer, Pfizer CHC, Philip Morris, Nikon, IBM, Siemens, Whirlpool and
 Motorola.  Think Systems is headquartered in Parsippany, NJ, with regional
 offices located in Chicago, Dallas, Raleigh, San Diego, San Francisco, London
 and Singapore.  More information on Think Systems is available on the World
 Wide Web at http://www.thinksys.com.
 
 

SOURCE i2 Technologies, Inc.
    IRVING, Texas, May 16 /PRNewswire/ -- i2 Technologies, Inc. (Nasdaq:   ITWO)
 and Think Systems Corporation ("Think Systems") of Parsippany, N.J. announced
 today that they have entered into an agreement to merge.  Under the terms of
 the agreement, i2 will issue 3.859 million shares of its common stock for all
 the outstanding shares and stock options of Think Systems.  Based on the
 closing price of i2 Technologies common stock on the Nasdaq National Market on
 May 15, 1997, the transaction is valued at approximately $146.6 million.  The
 merger is intended to qualify as a tax-free reorganization and be accounted
 for as a "pooling of interests."
     In related news, i2 also announced a merger with Optimax Systems
 Corporation of Cambridge, MA.
 
     Creating next-generation supply chain decision support solutions
     In January, 1996, i2 and Think Systems entered into an OEM agreement to
 integrate Think Systems' FYI Planner demand management decision support
 software and i2's Rhythm(R) suite of intelligent planning and optimization
 solutions to provide enhanced forecast generation for manufacturing, sales,
 and marketing.  By helping companies avoid excess inventory, unused capacity
 and missed due dates, the combined FYI Planner/Rhythm solution is well on its
 way to delivering on i2's goal of adding $50 billion in customer value through
 savings and growth by the year 2005.
     i2 is committed to bringing next-generation supply chain decision support
 solutions to market.  The decision to merge the two companies was a natural
 progression based on technological synergies and the success of the
 partnership.  The merger enhances i2's ability to provide innovative, broadly
 applicable solutions and robust functionality to vertical industry groups
 today.
     "i2 and Think Systems have been collaborating for the past 18 months on
 the deployment of the next generation of supply chain decision support
 solutions," said Sanjiv Sidhu, Chairman and CEO, i2 Technologies.  "The
 success of our joint customers in improving supply chain efficiencies has been
 one of the driving forces behind the decision to unite the two organizations."
     "The i2-Think Systems relationship has been successful in part because of
 similar corporate cultures and methodologies," said Sandeep (Sandy) Tungare,
 President, Demand Management, i2 Technologies.  "Customers will benefit from
 the tight integration of our demand planning and supply chain optimization
 solutions and our commitment to providing the customers of both companies with
 the level of support and service that they are accustomed to receiving."  i2's
 Board of Directors has elected Tungare as a member upon completion of the
 merger.
 
     Development Synergies
     i2's powerful planning and optimization algorithms paired with Think
 Systems, multi-dimensional OLAP data representation capabilities for demand
 planning provide a broad-based solution that delivers full visibility across
 the supply chain.  This solution now provides planning across the supply chain
 from retailer to scheduling of manufacturing and distribution to sourcing of
 raw materials.
     In addition, Think Systems' mature development team should bring a
 valuable time-to-market advantage to i2 Technologies.  Think Systems has a
 development group located in India with over six years of proven experience
 delivering software that is in production at 50 sites worldwide.  The merger
 brings the head count in i2's R&D group to 265, which makes it the largest in
 the supply chain planning and optimization software industry.
     The i2/Think Systems partnership is already delivering value to common
 customers who have implemented the combined solution.  The two companies have
 successfully implemented integrated demand management and supply chain
 optimization solutions at a dozen customer sites, including E&J Gallo Winery,
 and 3M Company.
 
     Cautionary Language
     The Company noted that the above forward-looking statements are subject to
 change based upon various important factors such as competition, market
 demand, and technological change.  For additional factors which could impact
 the Company's financial results, please see the Company's Form 10-K filed in
 February 1997.
 
     About i2 Technologies
     Founded in 1988, i2 Technologies is the leading provider of intelligent
 planning and scheduling software for global supply chain management, with
 customers worldwide.  Its Rhythm family of products provides comprehensive
 intelligent support for planning and scheduling functions across both inter-
 enterprise and intra-enterprise supply chains. i2 is dedicated to providing
 its customers with the highest level of business value at the lowest possible
 cost.  The firm is headquartered in Irving, TX and maintains offices in the
 United States (Atlanta, Boston, Chicago, Charlotte, New York City, Dallas,
 Detroit, Los Angeles, Pittsburgh, Santa Clara); Europe (Brussels, London,
 Munich, Paris); Asia Pacific (Melbourne, Seoul, Singapore, Tokyo); Latin
 America (Brazil, Mexico City); and Canada (Toronto).  More information on i2
 Technologies is available on the World Wide Web at http://www.i2.com.
 
     About Think Systems
     Think Systems Corporation was founded in 1986.  The privately held
 software company provides premium demand chain solutions for sales, marketing
 and logistics departments representing a variety of industries, including
 consumer packaged goods, high technology, pharmaceutical, apparel, paper,
 automotive and other product-driven specializations.  Clients include Compaq
 Computer, Pfizer CHC, Philip Morris, Nikon, IBM, Siemens, Whirlpool and
 Motorola.  Think Systems is headquartered in Parsippany, NJ, with regional
 offices located in Chicago, Dallas, Raleigh, San Diego, San Francisco, London
 and Singapore.  More information on Think Systems is available on the World
 Wide Web at http://www.thinksys.com.
 
 SOURCE  i2 Technologies, Inc.