MIT Professor Stephen Graves Joins Servigistics as Chief Scientist

Noted authority on supply chain optimization teams with leader in service parts planning

Atlanta, GA, June 26, 2001 -- Servigistics, Inc., a leading provider of service supply chain solutions, today announced that MIT Professor Stephen Graves has joined Servigistics in the role of chief scientist, reporting directly to Servigistics’ president and CEO Mike Landry. Dr. Graves will provide direction for the Servigistics solution and customer base while maintaining his professorship at MIT.

"Recognized as one of the leading authorities on supply chain optimization and strategic inventory positioning, Professor Graves’ appointment underscores Servigistics’ on-going commitment to excellence in its service parts planning and optimization solutions," said Mike Landry. "His depth of knowledge and understanding in this field are without parallel," he added. "I’m confident his contributions will provide the scientific and logistics expertise we’ll need to ensure our continued product superiority in the future."

"I am excited to join such a capable and committed team at Servigistics," commented Dr. Graves. "Their parts planning product and actual customer results are very impressive to say the least, and I look forward to making significant contributions in these areas."

Professor Graves, who is the Abraham J. Siegel Professor of Management and Engineering Systems at MIT, has authored numerous papers related to strategic inventory positioning and supply chain optimization. He holds an AB in Mathematics and Social Sciences and an MBA from Dartmouth College as well as an MS and PhD in Operations Research from the University of Rochester.

About Servigistics

Headquartered in Marietta, Georgia, Servigistics provides the only Web-based service parts planning and forecasting solution available today. Designed for complete flexibility, the software accommodates changing business requirements and enables planning for any service organization -- from the central warehouse to trunk stocking locations. Servigistics delivers the fastest return on investment and lowest cost of ownership while providing instant worldwide visibility for the entire service parts supply chain. The company has formal relationships with leading CRM vendors, including Siebel Systems, PeopleSoft, Nortel Networks, Metrix, and Astea. Customers include Auspex Systems, Axcelis Technologies, CNT, Cray, EMC, Riverstone Networks, Siemens EAS, and Subaru of New England. Contact Servigistics at 770-565-2340, via e-mail at info@servigistics.com, or on the Web at www.servigistics.com.

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For more information please contact:

Stephanie Williams

Director of Marketing, Servigistics

770-565-2340, x.225

swilliams@servigistics.com

Clare Moulton

Moulton Communications

(603) 882-2135

clare@mcmcorp.tiac.net