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I-many Partners With EPAM Systems

Press Release:

Memphis, Tenn. — November 3, 2004 — I-many, the leading provider of advanced business solutions for managing corporate commitments, announced at its annual user conference a partnership with EPAM Systems. EPAM is the leading software services provider with advanced development centers in Eastern Europe - providing services for "Certified for NetWeaver™" and "Powered by NetWeaver™" statuses.

"Because the majority of I-many's current customers utilize SAP, it is critical that our solutions integrate as deeply as possible with SAP," stated Leonard Rainow, Senior Vice President of Products and Chief Technology Officer for I-many. "This commitment will ensure that I-many customers will realize even simpler integration, greater flexibility to run their business and allow them to better align IT resources to recognize the full benefits of I-many solutions working in conjunction with SAP."

To officially certify integration with its products, I-many is addressing two SAP NetWeaver™ programs. "Certified for SAP NetWeaver™" is awarded to products that feature integration with an SAP NetWeaver component and enhance SAP NetWeaver functionality. "Powered by SAP NetWeaver™" status requires a more demanding certification and is for applications that additionally enable convenient deployment of Java or ABAP applications on SAP Web Application Server.

"I-many has chosen EPAM Systems for this project based on EPAM's 300,000 + hours of experience in delivering NetWeaver and related technologies," commented Terry Nicholson, Chief Operating Officer of I-many. "EPAM, an official SAP technology and service partner, has been closely collaborating with SAP for over seven years, with the main focus on NetWeaver™ and xApps™ development over the last two years."

"EPAM recognizes I-many's leadership and vision, particularly in aggressively pursuing the deeper 'Powered by NetWeaver' certification," acknowledged Arkadiy Dobkin, Chief Executive Officer of EPAM. "We look forward to working with I-many's internal architecture and development team to further develop I-many's solutions in this area."


About I-many

I-many (NASDAQ:IMNY) delivers advanced business solutions for managing corporate commitments. I-many solution suites comprehensively manage any type of commitment from contracts and obligations to payments and collections, maximizing revenue and delivering hard cost savings. For more information, visit the company at www.imany.com.

About EPAM Systems

EPAM Systems is a leading provider of software development outsourcing services, e-business, enterprise relationship management, and knowledge and content management solutions. Established in 1993 in Princeton, New Jersey, EPAM Systems has technology development centers in Moscow, Russia, Minsk, Belarus, and Budapest, Hungary. EPAM solves complex business and technology problems using a delivery model that combines onsite presence (in US and EU) with Eastern European offshore and nearshore services, and was the first technology firm in Europe to achieve CMMI Level 4 certification.

EPAM's customer base includes Reuters, Samsung America, Colgate-Palmolive, CareFirst BlueCross BlueShield, London Stock Exchange, Encorus, Mandalay Resort Group, Halliburton, British Telecom among others. In the technology world, EPAM provides services to firms such as SAP, Hyperion, BEA Systems, Microsoft, SUN Microsystems, Xelus, and others.

www.epam.com

SAP, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies.

This press release may contain forward-looking statements relating to the future performance of I-many, Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties such as the risk that the certification processes described in this press release will not be successful, and actual results may differ materially from expectations.

All trademarks are the property of their respective owners.

For further information, please contact: press@epam.com