Optiant Sponsors Executive Seminar Series Supply Chain Thought Leaders Provide Insight Into Strategies for Increasing Profitability SOMERVILLE, Mass., (Aug. 28, 2001) - Optiant(tm), Inc., a pioneer in supply chain optimization, will roll out a series of seminars for manufacturing executives to examine the strategic considerations behind intelligent and collaborative supply chain planning. The premier seminar will feature keynotes from AMR Research analyst, Pierre Mitchell and Optiant's Chief Scientist, Dr. Sean P. Willems. It will be held on Wed. Sept. 19, 2001 at Boston's Westin Copley Place Hotel. In the half-day session, Mitchell and Willems will address strategic sourcing, supply strategy and optimal inventory deployment as critical keys linking supply chain performance to manufacturers' fundamental goals of greater profitability, faster time-to-market and more responsive customer service. Mitchell and Willems are at the cutting edge of supply chain evolution and innovation, and bring significant expertise in helping manufacturers meet the growing challenges of bringing products to market. As service director for the Enterprise Management Services division of AMR Research, Mitchell specializes in indirect procurement, e- business process management, content management and strategic sourcing. Willems has consulted with manufacturers such as Bay Networks, Hewlett-Packard and Eastman Kodak. His doctoral research findings from MIT and the results of his work with leading manufacturers are at the core of Optiant's powerful algorithm-driven optimization solutions for supply chain strategy. "In this challenging economic environment, manufacturers are recognizing that designing and implementing efficient, high-performance supply chains are essential strategies for surviving the current downturn and being prepared to lead when a strong economy returns," said Marcus Ruark, Optiant co-founder, president and CEO. "We're very pleased to offer this seminar series to help manufacturers learn how to minimize costs, increase responsiveness and ultimately drive increased profitability through strategically optimized supply chains." The executive seminar is free for all qualified attendees and is being held at The Westin Copley Place, 10 Huntington Avenue, Boston, from 8:00 a.m. to 12 p.m. For more information, visit www.optiant.com or call (617) 625-1435. Other seminars are planned for 2001 in major cities through out the United States. Dates and locations will be announced in the coming months. Intelligent and Collaborative Supply Chain Design: Optiant is the first company to address the initial design of the supply chain, where 80 percent of the total cost is locked-in. Founded last year, it serves Global 2000 manufacturers who face complex supply chains, high inventory costs and short time-to-market windows. The company's Web-based PowerChain(tm) software suite lets manufacturers collaboratively design and monitor supply chains based on an end-to- end view. The solution delivers a fast ROI by taking into account real-world variables and identifying the most critical decisions - such as where to hold inventory, how to lower landed costs and with which suppliers to partner - and recommending the best approach. ### Optiant and PowerChain are trademarks of Optiant, Inc. All other trademarks are property of their respective owners. About the company Optiant, Inc. helps manufacturers maximize profitability through improved decision-making across their extended supply chain. Its flagship software solution, the PowerChain suite, enables manufacturers to collaboratively design and configure optimal supply chains, set optimal inventory policies, and integrate supply chain strategy and policies into their strategic sourcing processes. PowerChain solutions are built on patent-pending optimization technology based on more than ten years of leading- edge operations research and industry partnerships at the Massachusetts Institute of Technology. Optiant is a privately held company based in Somerville, Mass. and can be reached at www.optiant.com or (617) 625-1435. Company Contact: Michael Braatz (617) 625-1435 Ext. 234 michael.braatz@optiant.com Media Contacts: Corporate Ink (617) 969-9192 Susan Bassett sbassett@corporateink.com Megan Sayce msayce@corporateink.com