EDISON, N.J.--(BUSINESS WIRE)--April 13, 2005-- I-many, Inc. (NASDAQ:IMNY), a provider of advanced Enterprise Contract Management (ECM) solutions for managing corporate commitments, today announced that they will be co-hosting, along with the Institute for Supply Management (ISM), a 60-minute Web seminar on April 19 at 2:00PM EDT / 11:00AM PDT aimed at helping organizations maximize the value of supplier relationships. The Web seminar will be moderated by Roberta Duffy, editor of Inside Supply Management, and will include presentations by Pierre Mitchell, director in procurement and supply chain at the Hackett Group, and Kirk Krappe, executive vice president of worldwide markets at I-many.

The focus of the Web seminar will be on demonstrating how effective management and control of purchasing agreements can empower organizations to dramatically minimize losses due to noncompliance with purchasing agreements, boost sourcing productivity, and enable organizations to enforce consistent procurement policies when obtaining the products and services they need.

"Many organizations try to decrease spending associated with procurement activities by relying on high-priced sourcing solutions that promise to help them acquire goods and services at the lowest possible prices," said Terry Nicholson, I-many's chief operating officer. "Although these products may help somewhat, many have inherent technology limitations that limit process optimization, and leave organizations wishing they could achieve greater value from their vendor relationships. This Web seminar offers these organizations the framework they need to begin creating an infrastructure and operating environment where all procurement objectives can be cost-effectively met."

To register for the "Contract-Centric Approach to Procurement" Web seminar, please go to http://www.encounter.net/event/ism-04-19-05-registration.asp.

About I-many

I-many (NASDAQ:IMNY) delivers the most advanced Enterprise Contract Management solutions for managing corporate commitments. Designed to extend beyond the traditional contract management capabilities, I-many ContractSphere(R) offers an end-to-end solution, from pre-contract processes and contract management to transaction compliance. Ultimately, this provides companies with the visibility and control needed to manage any type of commitments - from contracts and obligations to payments and collections. The result is increased revenue, minimized risk and dramatically reduced operating costs, which deliver improved profitability with hard return on investment. More than 280 customers across 21 industries worldwide have implemented and realized the value of I-many business solutions. For more information, please visit www.imany.com.

CONTACT: I-many, Inc.
Dennis Wong, 650-226-1535
dwong@imany.com

SOURCE: I-many, Inc.