Press Release Source: i2 Technologies, Inc.
i2 Withdraws Its Appeal of NASDAQ Delisting
Monday September 22, 8:24 pm ET
DALLAS--(BUSINESS WIRE)--Sept. 22, 2003--i2 Technologies, Inc. (OTC:ITWO - News) today announced that it has withdrawn its appeal of NASDAQ's decision to de-list i2's common stock from The NASDAQ Stock Market. The company had concluded that there was little likelihood that NASDAQ would reverse its delisting decision at this time given the pendency of the Securities and Exchange Commission's investigation of matters relating to the recent restatement of i2's consolidated financial statements. The company stated that it will consider re-applying to NASDAQ at a later time and that it expects that its common stock will continue to be quoted in the over-the-counter Pink Sheets for the foreseeable future.
About i2
A leading provider of end-to-end supply chain management solutions, i2 designs and delivers software that helps customers optimize and synchronize activities involved in successfully managing supply and demand. i2 has more than 1,000 customers worldwide--many of which are market leaders--including seven of the Fortune global top 10. Founded in 1988 with a commitment to customer success, i2 remains focused on delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2.com.
i2 is a registered trademark of i2 Technologies US, Inc. and i2 Technologies, Inc.
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Contact:
i2 Corporate Communications
Melanie Ofenloch, 469-357-3027
Melanie_ofenloch@i2.com
or
i2 Investor Relations
Barry Sievert, 469-357-1000
investor@i2.com
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Source: i2 Technologies, Inc.
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