IMI Announces Support for the Open Applications Group!

["David Connelly (OAGI)" <dconnelly@openapplications.org>]

Industri-Matematik Announces Support for Open Applications Group Standard

Industri-Matematik Supply Chain and Customer Service Software Leverages XML
Standards to Connect with Web and Legacy Business Applications

Mt. Laurel, N.J. – February 26, 2001 – Industri-Matematik International
Corp.
(NASDAQ: IMIC) today announced that it has joined the Open Applications
Group, Inc.
and that it’s VivaldiTM software supports the Open Applications Group
Interface
Specification (OAGIS).  By incorporating OAGIS, Industri-Matematik
applications
provide integration of supply chain and customer service capabilities to
web-based
trading communities, digital marketplaces and legacy applications such as
enterprise
resource planning (ERP).

 “Industri-Matematik is a true innovator in leveraging Internet technologies
to
make it easier for companies to work together in their logistics and
customer
service operations,” said David Connelly, president and CEO of the Open
Applications
Group, Inc. “We are pleased that Industri-Matematik has joined the Open
Applications
Group and recognize Industri-Matematik as a leader in fostering supply chain
visibility and collaboration.”

The business process-based OAGIS specification contains the largest set of
Extensible
Markup Language (XML) Document Type Definition (DTD) files in the world and
simplifies
the connection of disparate e-business, supply chain, customer relationship
management
(CRM), ERP and financials applications. Leveraging an Internet-based,
object-oriented
design, Industri-Matematik applications can be integrated easily with legacy
applications,
web sales systems, and private and public trading communities.

 “Industri-Matematik is committed to helping companies break away from the
constraints
of conventional, stovepipe systems that duplicate processes and do not
manage events
in real time,” said John Geraci, chief operating officer at
Industri-Matematik. “Our
OAGI support will help us provide a new way to share supply chain
information throughout
a trading community. This improved visibility will enable companies to
respond to supply
chain events quickly and deliver products on time.”

 Industri-Matematik VIVALDI software provides CRM, fulfillment,
replenishment and supply
chain event management capabilities for retail, wholesale/distribution,
logistics service
providers and manufacturing companies. VIVALDI offers total visibility of
e-business
transactions across a trading community to manage high-volume fulfillment
with increased
reliability and velocity. It integrates contact center and logistics
operations to provide
customers and suppliers with real-time web access to all aspects of orders
across the
supply chain.

About Industri-Matematik
Industri-Matematik International Corp. (www.im.se) provides high-performance
fulfillment
and customer service software solutions for B2B and B2C e-commerce. Its
applications help
companies achieve a Zero Inventory/100 Percent Visibility business model by
replacing
inventory with information to improve collaboration among a trading
community and speed
the movement of goods across a supply chain. Customers include
market-leading companies
such as British Airways, Canadian Tire, Carlton & United Breweries,
Ericsson, FedEx Corp.,
Starbucks and Warner/Elektra/Atlantic.

# # #
 “VIVALDI” is a trademark of Industri-Matematik International Corp. Other
product and
company names may be the trademarks of their respective owners.

For more information, contact:	Industri-Matematik Public Relations
Richard Cardozo				Albie Jarvis or Dan Mees
Industri-Matematik			Porter Novelli Convergence Group
(856) 793-4487				(617) 450-4300
rica@im.se					dan.mees@pnicg.com

Industri-Matematik Investor Relations
John Heilshorn
Lippert/Heilshorn & Associates
(212) 838-3777
john@lhai.com

The statements contained in this release that are not historical facts
contain
forward-looking information with respect to plans, projections or future
performance
of Industri-Matematik and further versions of its software products, the
achievements
of which involve certain risks and uncertainties, including, but not limited
to, product
demand and market acceptance risks, the effect of economic conditions
particularly in
its target markets, the impact of competitive products and pricing, product
development,
commercialization and technological difficulties and other uncertainties
detailed in
Industri-Matematik’s filings with the Securities and Exchange Commission,
particularly
its Annual Report on Form 10-K filed in July 2000.



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