Lawrence Lindsey Joins I-many as Executive Vice President of Product Operations

EDISON, N.J.--(BUSINESS WIRE)--April 23, 2007--I-many, Inc. (NASDAQ:IMNY), the leading provider of advanced Contract Lifecycle Management (CLM) solutions for managing corporate commitments, announced the appointment of Lawrence Lindsey as executive vice president of product operations. Lindsey will be responsible for product management, development, quality assurance and product release management of the entire I-many family of products. He brings 17 years of senior management and enterprise software development experience to I-many, with extensive experience in CRM, bid-quote, healthcare and other enterprise applications.  Taylor Winfield, Inc. assisted I-many in this search.

"Lawrence's extraordinary depth of experience and knowledge in these areas rounds out I-many's executive management team," said John A. Rade, president and CEO of I-many. "His high-level accomplishments at Nsite and Oracle are particularly meaningful as we complete and roll out a number of powerful new-generation applications. With the addition of Lawrence, I-many now possesses all the elements - the people, processes and products - it needs to consolidate its dominant position in Life Sciences and propel it towards similar leadership of the burgeoning CLM marketplace."

Lindsey joins I-many from Symantec Corporation, where he served as vice president of engineering for online platform and partner services, and led an extensive team of developers, testers, and program managers worldwide to design, develop and maintain world class ecommerce, desktop messaging, licensing and subscription management technologies, as well as customized OEM and ISP versions of Norton products.

He also was vice president of engineering for Nsite Software (now a unit of NASDAQ-traded Business Objects S.A.), a leading software as a service (SaaS) web applications and platform company specializing in channel management, CPQ (configure, price, quote) and related CRM and front office productivity solutions. At Nsite he was responsible for all product strategy, development, and production operations.

Prior to Nsite, Lindsey rose through a number of senior management positions at Oracle Corporation, including senior director of development for the Healthcare Industry Group and last as senior director of Oracle's Marketing and Partnering Products Group, where he was responsible for the development of a range of major applications for hundreds of enterprise customers worldwide.

Commented Lindsey, "The product development and marketing opportunity I-many presents is truly rare and exciting, especially as it represents the most comprehensive and powerful suite of CLM products in the industry. I'm looking forward to being part of this extraordinary team of professionals as we unlock the revenue potential established by many months of R&D and make 2007 a stellar year for I-many."   

About I-many(R)
I-many (NASDAQ:IMNY) is the leading provider of advanced Contract Lifecycle Management solutions for managing corporate commitments. Designed to extend beyond the traditional contract management capabilities, I-many ContractSphere(R) offers an end-to-end solution, from pre-contract processes and contract management to transaction compliance. Ultimately, this provides companies with the visibility and control needed to manage any type of commitment - from contracts and obligations to payments and collections. The result is increased revenue, minimized risk and dramatically reduced operating costs, which deliver improved profitability with hard return on investment. More than 280 customers across 21 industries worldwide have implemented and realized the value of I-many business solutions. For more information, please visit www.imany.com.

This news release contains forward-looking statements, and actual results may vary from those expressed or implied herein. Factors that could affect these results include: the risk of unforeseen technical or practical impediments to planned software development and other risk factors set forth from time to time in the company's filings with the Securities and Exchange Commission.

About Taylor Winfield, Inc.
Established in 1987, Taylor Winfield has been instrumental in building billions $$ in market value within the high technology industry, via retained executive search and strategic business development.  Through key relationships with premier private equity and venture capital firms, maturing client companies, and their executive network of visionary industry leaders, Taylor Winfield has conducted searches to create hundreds of high tech core management teams in Consumer Internet, Wireless, SaaS, Enterprise Software (applications & infrastructure), Networking, Hardware, Services, and Semiconductors – and now Clean Tech and Renewable Energy.  For more information, please visit www.taylorwinfield.com.