I-many Second Quarter 2006 Financial Results Conference Call

The dial-in number for the conference call is 866-770-7146 or617-213-8068, passcode 73746869. The call is also being webcast, whichmay be accessed via I-many's web site at www.imany.com.

For those who cannot listen to the live broadcast, a replay of thecall will be available from August 1, 2006, at 12:00 p.m. throughAugust 8, 2006, at 11:59 p.m., and can be accessed by dialing888-286-8010 or 617-801-6888, conference ID # 95359021.

About I-many(R)

I-many, Inc. is the leading provider of advanced ContractLifecycle Management solutions for managing corporate commitments.Designed to extend beyond the traditional contract managementcapabilities, I-many ContractSphere(R) offers an end-to-end solution,from pre-contract processes and contract management to transactioncompliance. Ultimately, this provides companies with the visibilityand control needed to manage any type of commitment -- from contractsand obligations to payments and collections. The result is increasedrevenue, minimized risk and dramatically reduced operating costs,which deliver improved profitability with hard return on investment.More than 280 customers across 21 industries worldwide haveimplemented and realized the value of I-many business solutions. Formore information, please visit www.imany.com.

This news release contains forward-looking statements, and actualresults may vary from those expressed or implied herein. Factors thatcould affect these results include: the risk of unforeseen technicalor practical impediments to planned software development and otherrisk factors set forth from time to time in the Company's filings withthe Securities and Exchange Commission.