Black & Decker Drives Superior Customer Service with Manugistics Global Logistics Sourcing Solutions

ROCKVILLE, MD. — May 20, 2003 — Manugistics Group, Inc. (Nasdaq: MANU), a leading global provider of supply chain and logistics optimization solutions, today announced that Black & Decker successfully completed, in just seven days, an automated web-based, real-time Request for Quotation (RFQ) process with all of their European Truckload, Less Than Truckload (LTL) and Parcel carriers – helping improve overall service and transportation costs across Europe.

“Black & Decker has reduced transportation costs in Europe by automating the RFQ process with Manugistics’ web-enabled rates procurement RFQ solution” said John Schmitt, Director, Global Transportation at Black & Decker. “We were able to optimize across our carrier-base by considering cost, service and business constraints while producing a significant ROI to Black & Decker’s bottom line.”

Manugistics Global Logistics Sourcing Solutions helped enable Black & Decker to take advantage of a community of over 2600 carriers in a competitive real-time environment, which provides a dynamic, electronic method of collecting and analyzing lane, price, and capacity information. The solution helps enable collaboration with logistics service providers, and assists in awarding contracts to providers who best meet various business priorities, qualifications, specifications, service levels and pricing outlined by Black & Decker. Over the seven day process, Black & Decker solicited the Manugistics carrier community, and invited additional providers to the event – eventually totaling 56 carriers bidding on 1,072 lanes, helping service over nine facilities across Europe.

“We are extremely proud of our ability to provide solutions and deliver the business results our clients require to sustain a competitive advantage,” says Jeff McKinney, Manugistics’ President of Americas operations. “Black & Decker is an excellent example of how our partnerships with clients result in bottom line cost reductions and customer service.”

Since 1991, Black & Decker, the leading manufacturer of power tools and accessories, has successfully utilized Manugistics for a wide range of strategic supply chain management solutions.

About Black & Decker Corporation

Black & Decker is the nation's #1 producer of power tools and accessories, mainly under the DeWALT and Black & Decker names. It also makes electric lawn and garden tools, plumbing products (Price Pfister), specialty fastening and assembly systems, security hardware (Kwikset), and cleaning and lighting products (Dustbuster vacuum cleaners, SnakeLight flashlights). Its largest customers include Home Depot and Lowe's.

About Manugistics Group, Inc.

Manugistics is a leader in delivering innovative pricing and supply chain software solutions. Today, more than 1,200 clients trust Manugistics to help them reduce costs, increase revenues and enhance margins. The company provides comprehensive solutions for supply chain management, service and parts management, pricing and revenue optimization, and supplier relationship management. Its clients include industry leaders such as AT&T, Airgas, BMW, Boeing, Brown & Williamson, Caterpillar, Cisco Systems, Circuit City, Coca-Cola Bottling, Continental Airlines, DaimlerChrysler, Diageo, DuPont, Fairchild Semiconductor, Ford Motor Company, Harley-Davidson, Nestle, RadioShack, Smith & Nephew and Unilever.

Contact:          

Laura Janes
Manugistics Group, Inc.            
ljanes@manu.com
301-255-5330  

Gil Chorbajian
Ogilvy PR (For Manugistics)
gil.chorbajian@ogilvypr.com
202-721-9725 

FORWARD LOOKING STATEMENT

This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, continuing economic and political uncertainty, the timing and degree of business recovery, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, unexpected competition, risks related to quarterly performance, risks of new business areas, international expansion, business combinations and strategic alliances, lengthening of sales cycles for software products and services, and the effectiveness of the cost reduction efforts undertaken by Manugistics and their impact on the company's ability to operate its business. A decreased demand for enterprise application software due to weakened economic conditions could result in decreased revenues or lower revenue growth rates. More information about factors that potentially could affect Manugistics' financial results is included in Manugistics filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended February 28, 2002 and Quarterly Report on Form 10-Q, for the quarter ended November 30, 2002. Manugistics assumes no obligation to update the forward-looking information contained in this announcement.

Manugistics is a registered trademark, and the Manugistics logo, the phrase "Leveraged Intelligence," Enterprise Profit Optimization and Manugistics NetWORKS are trademarks of Manugistics, Inc. All other product or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.