JDA Software Reports Record EBITDA and Third Quarter Software Revenue

Business Wire, Oct 20, 2008

SCOTTSDALE, Ariz. -- JDA([R]) Software Group, Inc. (NASDAQ:JDAS) today announced financial results for the third quarter ended September 30, 2008. JDA reported total revenues of $98.4 million and software revenues of $23.0 million for third quarter 2008, compared to total revenues of $93.6 million and software revenues of $15.5 million for third quarter 2007. For the nine months ended September 30, 2008, JDA reported total revenues of $284.1 million and software revenues of $58.6 million, compared to total revenues of $275.1 million and software revenues of $51.2 million for the nine months ended September 30, 2007.

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"Despite the current economic climate, we ended the third quarter with record software revenues and EBITDA. Furthermore, this was the second quarter in 2008 that we achieved record software license revenues, illustrating the strength of our value proposition and a healthy pipeline," commented JDA CEO Hamish Brewer. "More than ever, leading companies are looking to JDA for innovative supply chain solutions that help them reduce their overall costs, increase efficiency and turn their supply chains into a source of competitive advantage."

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Conference Call Information

JDA Software Group, Inc. will host a conference call at 4:45 p.m. Eastern time today to discuss earnings results for its third quarter ended September 30, 2008. To participate in the call, dial 1-800-762-8779 (United States) or 1-480-248-5081 (International) and ask the operator for the "JDA Software Group, Inc. Third Quarter 2008 Earnings Conference Call." To participate in the webcast, visit the following web page at the time of the conference call: http://viavid.net/dce.aspx?sid=00005683

A replay of the conference call will begin Monday, October 20, 2008 at 7:45 p.m. (Eastern) and will end on Thursday, November 20, 2008 at 11:59 p.m. (Eastern). You can hear the replay by dialing 1-800-406-7325 (United States) or 1-303-590-3030 (International) using access 3923660.

About JDA Software Group, Inc.

JDA([R]) Software Group, Inc. (NASDAQ:JDAS) is focused on helping companies realize real supply chain and revenue management results - fast. JDA Software delivers integrated merchandising as well as supply chain and revenue management planning, execution and optimization solutions for the consumer-driven supply chain and services industries. Through its industry leading solutions, leading manufacturers, distributors, retailers and services companies around the world are growing their businesses with greater predictability and more profitably. For more information on JDA Software, visit www.jda.com or contact us at info@jda.com or call 1.800.479.7382.

"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as "will," and "expect" and other words with forward-looking connotations. In this press release such forward-looking statements, include, without limitation: (i) Mr. Brewer's statement regarding the strength of our value proposition and the healthy nature of our pipeline; and (ii) Mr. Brewer's statement that "more than ever, companies are looking to JDA for innovative supply chain solutions. The occurrence of future events may involve a number of risks and uncertainties, including, but not limited to: (a) the possibility our sales pipeline may not result in the expected level of closed business, particularly given the current negative financial and economic environment; and (b) other risks detailed from time to time in the "Risk Factors" section of our filings with the Securities and Exchange Commission. Additional information relating to the uncertainty affecting our business is contained in our filings with the SEC. As a result of these and other risks, actual results may differ materially from those predicted. JDA is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

The forward-looking statements contained herein also include statements about the consummation of the pending merger of JDA Software Group, Inc. ("JDA") and i2 Technologies, Inc. ("i2"). Additional information relating to the uncertainty affecting the proposed acquisition of i2 by JDA, uncertainty regarding the businesses of JDA and i2 as well as certain risks associated with the pending merger between JDA and i2 are contained in the respective company's filings with the SEC, including the Proxy Statement referred to below. Neither JDA nor i2 is under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

In addition to the specific risks identified in the preceding paragraph, mergers involve a number of special risks, including diversion of management's attention to the assimilation of the technology and personnel of acquired businesses, costs related to the merger, the integration of acquired products, technologies and employees into JDA's business and product offerings, and the risk that the merger is not consummated. Achieving the anticipated benefits of the pending merger will depend, in part, upon whether the integration of the acquired products, technology, or employees is accomplished in an efficient and effective manner, and there can be no assurance that this will occur. The difficulties of such integration may be increased by the necessity of coordinating geographically disparate organizations, the complexity of the technologies being integrated, and the necessity of integrating personnel with disparate business backgrounds and combining different corporate cultures. The inability of management to successfully integrate the business of the two companies, and any related diversion of management's attention, could have a material adverse effect on the combined company's business, operating results and financial condition.