Premier, Inc. to Implement I-many's Enterprise Contract Management Foundation (ECMF) and ContractSphere Applications

I-many, Inc. (NASDAQ:IMNY), a provider of advanced EnterpriseContract Management (ECM) solutions for managing corporatecommitments, today announced that Premier, Inc., a healthcare allianceof more than 2000 hospitals and healthcare systems, has licensedI-many's ECMF platform and applications, for managing contracts andcommitments across its more than 800 trading partners in theHealthcare industry. Premier's long-term commitment to I-many'spowerful ECMF development and delivery platform and next generationapplications, including CARS for advanced chargeback and rebatemanagement, will help I-many to deliver products that dramaticallysimplify processes, improve security and reporting and deliverunprecedented flexibility for Premier to easily add new contractmanagement-centric applications and other capabilities as their needsevolve.

"As a company committed to helping hospitals and other points ofcare deliver better, more cost effective healthcare through theestablishment and management of buying relationships with devicemanufacturers, pharmaceutical manufacturers and other suppliers, it isimperative that Premier have in place the right systems to manage itsextensive network of trading partners," said Joe Pleasant, CIO atPremier. "After a careful review of other options, it was clear toPremier that I-many possesses the critical skills and understanding ofcontracting processes across the healthcare supply chain as well asthe technology platform and applications necessary to handle theenormous volumes of contracts and data managed by Premier on behalf ofits members and suppliers." Pleasant continued, "I-many's approach tosolution delivery, anchored by I-many ECMF, is ahead of thecompetition, delivering new capabilities and virtually unboundedflexibility for Premier today and well into the future. We expectdramatic improvements in our ability to realize cost effectiveoperational synergy between all areas of our company that rely on anytype of contract."

"I-many ECMF will redefine how hospitals and manufacturers,including pharmaceutical and device manufacturers and other suppliers,interact with Premier," said Yorgen Edholm, president and chiefexecutive officer of I-many. "I-many's goal is to provide a commonplatform for the healthcare and life sciences industry to streamlineprocesses, reduce costs and provide visibility into contractperformance. Premier's commitment to I-many and the ECMF platform is aclear endorsement of the superiority of I-many's products, vision andability to deliver."

Kirk Krappe, executive of worldwide markets at I-many added,"Premier's rigorous review of solution providers and technology cast abright light on I-many as the logical partner to help redefineprocesses at Premier and throughout the Life Sciences industry. Thefact that I-many's solutions have been entrusted to ensure Premier candeliver the service demanded by its members and affiliates as well asmanage its own revenue stream speaks volumes about our commitment,corporate strength and ability to partner with industry leaders."

About Premier, Inc.

Premier, Inc. is a healthcare alliance entirely owned by more than200 of the nation's leading hospital and healthcare systems. Thesesystems operate or are affiliated with nearly 1,500 hospitalfacilities and thousands of other healthcare sites. Premier providesan array of resources supporting health services delivery includinggroup purchasing for more than $25 billion annually in supplies andequipment. Premier facilitates knowledge transfer among itsparticipating members through services such as the annual Supply ChainCollaborative Breakthrough Series. Headquartered in San Diego, CA,Premier has offices in Chicago, IL; Charlotte, NC; and Washington, DC.For more information, please visit www.premierinc.com.

About I-many

I-many (NASDAQ:IMNY) delivers advanced Enterprise ContractManagement solutions for managing corporate commitments. Designed toextend beyond the traditional contract management capabilities, I-manyContractSphere(R) offers an end-to-end solution, from pre-contractprocesses and contract management to transaction compliance.Ultimately, this provides companies with the visibility and controlneeded to manage any type of commitment - from contracts andobligations 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.