Toronto Hydro Corporation Chooses i2 Supplier Relationship Management Applications and Cap Gemini Ernst & Young for Integration

Business Wire, May 23, 2001

Business/High-Tech Editors

TORONTO--(BUSINESS WIRE)--May 23, 2001

Electricity Division Focuses on Cutting Costs to

Ensure Value for Customers

i2 Technologies, Inc. (Nasdaq:ITWO) the leading provider of dynamic value chain and marketplace solutions, and Cap Gemini Ernst & Young, one of the largest management and consulting firm in the world, today announced that Toronto Hydro Corporation, parent company of the second largest municipal distribution utility in North America, has implemented the i2 Supplier Relationship Management (SRM) Solution(TM) in its Electric System division.

i2 SRM is designed to identify and eliminate duplicate materials while ensuring that materials are procured through established contracts, establish engineering standards in order to utilize fewer parts and improve efficiency to reduce overall costs.

"After the merger of six municipal utility companies into one, we were looking for solutions that would control our costs and maximize the efficiency of the power distribution systems," said Jeff N. Clark, vice president, Supply & Services, Toronto Hydro Corporation. "i2 was able to unify the competing engineering standards and resolve material and supplier inequities, resulting in cost reductions. This translates into real value for our customers and helps fulfill our goal of designing systems to deliver better service and more cost-effective energy choices."

i2 enlisted Cap Gemini Ernst & Young (CGE&Y) to extend their strong relationship with Toronto Hydro Corporation and work on the implementation of these applications because of CGE&Y's deep understanding of the energy marketplace and their supply chain experience in the utility sector. "These new supply chain tools will be a major enabler to Toronto Hydro Corporation as it prepares for success in the competitive Ontario Energy market," says Ron Buckle, vice president, Cap Gemini Ernst & Young and the Canadian Energy Team Leader.

The products, i2 TradeMatrix Strategic Sourcing(TM) and i2 TradeMatrix MRO Manager(TM), work in tandem to define the best sourcing strategy for each commodity and supplier and then provide decision support for managing maintenance, repair and operations issues.

"The i2 SRM solution has given Toronto Hydro Corporation the enterprise visibility necessary to manage their supplier base, forecast spending issues and control inventory," said Deborah Maclean-Galloway, i2 vice president, Utilities Sector. "This will enable them to provide the best service to their customers, driving value up and cost down."

About Toronto Hydro Corporation

With the City of Toronto as its sole shareholder, Toronto Hydro Corporation is the parent company of Toronto Hydro-Electric System Limited, the second largest municipal distribution utility in North America. It distributes 25% of the province's electricity, has annual revenues of close to $2 billion, has a peak load of 4,500 megawatts and serves approximately 657,000 customers in Canada's most dense and important energy market.

About Cap Gemini Ernst & Young

Cap Gemini Ernst & Young is one of the largest management and IT consulting firms in the world. The company offers management and IT consulting services, systems integration, and technology development, design and outsourcing capabilities on a global scale to help traditional businesses and "dot companies" continue to implement growth strategies and leverage technology in the new economy. The organization employs more than 59,000 people worldwide and reports global revenues of about 8.5 billion euros (2000 pro forma). More information about individual service lines, offices and research is available at www.cgey.com.

About i2

i2 is creating real value for its global e-business customers through its i2 TradeMatrix solutions, content and marketplace platform. i2 TradeMatrix allows businesses to create both private and public marketplaces, while improving the efficiencies of all participants. i2 provides a wide variety of collaborative e-business services for both the early stages and next generation of e-business adoption, with each service supported by decision optimization, transaction management and content management solutions. Founded in 1988, i2's mission is to deliver $75 billion in value to its customers by 2005. i2 is headquartered in Dallas, TX, has more than 5,900 employees and maintains offices worldwide. Visit i2's Web site at http://www.i2.com.

i2 is a registered trademark of i2 Technologies, Inc. i2 TradeMatrix, TradeMatrix, i2 Supplier Relationship Management Solution, i2 TradeMatrix Strategic Sourcing(TM), i2 TradeMatrix MRO Manager(TM) and the i2 logo design are trademarks of i2 Technologies, Inc.

i2 Cautionary Language

This press release contains forward-looking statements, including forward looking statements regarding anticipated benefits and improvements form the implementation of i2's software solutions. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from those projected. The risks and uncertainties include the customer's ability to implement i2 solutions successfully or to achieve benefits attributable to i2 products. 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 Form 10-K filed March 29, 2001 and Form 10-Q filed May 4, 2001. i2 assumes no obligation to update the forward-looking information contained in this news release.