Business Services Industry

I-many Named to the 2001 Deloitte & Touche Technology Fast 500; Contract Management Leader Ranked Among the Fastest Growing Technology Companies in North America

Business Wire, Nov 29, 2001

Business/Technology Editors

PORTLAND, Maine--(BUSINESS WIRE)--Nov. 29, 2001

I-many, Inc. (NASDAQ: IMNY), the leader in contract and trade relationship management solutions, has been named to Deloitte & Touche's 2001 Technology Fast 500. I-many is ranked number 455 on the list of the Fastest Growing Technology Companies in North America.

I-many attributes its impressive growth to its ability to consistently meet and exceed the ever-expanding demands for contract management solutions. I-many's vision and product offerings strive to provide full lifecycle contract management - from contract inception, to managing terms and compliance, to identifying pricing and settling with trading partners, to invoicing and ultimately to entering into renewed contracts.

"With its ranking on the prestigious Deloitte & Touche Technology Fast 500, I-many's leaders have proven that they have the vision and the fortitude to excel in the highly competitive technology industry," said Mark A. Evans, managing director of Deloitte & Touche's Technology & Communications Group. "We congratulate them on becoming one of the 500 fastest growing technology companies in the U.S. and Canada."

In addition to ranking on the Deloitte & Touche Technology Fast 500, I-many was also included on the New England Technology Fast 50, a ranking of the 50 fastest growing technology firms in New England.

The Fast 500 list is compiled from three sources: winners of Deloitte & Touche's 22 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1996 revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively. Entrants are public or private companies headquartered in North America and must be a "technology company," defined as a company that develops proprietary technology which contributes to a significant portion of the company's operating revenues, manufactures a technology-related product, or devotes a high percentage of effort to research and development of technology.

About Deloitte & Touche

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. The New England Deloitte & Touche Technology & Communications Practice provides strategic, financial, operational and information technology assistance to the region's technology companies at every stage of development, from early-stage startups to multi-national corporations.

About I-many

I-many (NASDAQ: IMNY) is the leader in providing software and Internet-based contract management solutions and related professional services which enable businesses to manage complex trade relationships and facilitate business-to-business e-commerce. The company's software is used by 8 of the largest 10 healthcare manufacturers in the world and leading consumer goods companies. The company estimates that its solutions help manage more than $55 billion in contracted commerce per year. For more information, visit the company Web site at http://www.imany.com.

This press release may contain forward-looking statements relating to the future performance of I-many, Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from expectations. These risks and uncertainties include the uncertainty associated with the adoption by companies outside the healthcare field of I-many's solutions generally, and competition for market share among the companies providing technologies and services similar to those provided by the Company.

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COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group

 

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