i2 Technologies Announces Closing of Private Placement of Senior Convertible Notes and Warrants

Business Wire, Nov 23, 2005

DALLAS -- i2 Technologies, Inc. (Nasdaq:ITWO) announced today that it has completed its private placement of $75 million in aggregate principal amount of 5% Senior Convertible Notes due 2015. In connection with the private placement, i2 also issued ten-year warrants to purchase an aggregate of 484,889 shares of its common stock. The pricing of the private placement was previously announced by the company on November 22, 2005. The investors have an option to purchase up to $11.25 million of additional notes for 60 days following the closing.

The notes, the warrants and the shares of common stock issuable upon conversion of the notes and exercise of the warrants have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and, unless so registered, the securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

About i2

i2 helps business leaders make better supply chain decisions. i2's flexible next generation solutions are designed to synchronize demand and supply across ever-changing global business networks. i2's innovative supply chain management tools and services are pervasive in a wide cross-section of industries; 19 of the AMR Research Top 25 Global Supply Chains belong to i2 customers. Learn more at www.i2.com.

Cautionary Language

This press release may contain forward-looking statements that 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 filed November 8, 2005 and the Annual Report on Form 10-K/A filed August 9, 2005. i2 assumes no obligation to update the forward-looking information contained in this news release.