Industri-Matematik International Announces Nasdaq Intent to Delist

Industri-Matematik International Announces Nasdaq Intent to Delist STOCKHOLM, Sweden - September 19, 2002 - Industri-Matematik International Corp. (Nasdaq: IMIC) - the Order Company - today announced that on September 12, 2002, it received notice of Nasdaq's intent to delist Industri-Matematik's Common Stock from The Nasdaq National Market for failure to comply with Marketplace Rule 4450(a)(5), which requires a minimum bid price per share of $1.. The Nasdaq Staff has determined to delist Industri-Matematik's Common Stock from The Nasdaq National Market as of the opening of business on September 20, 2002, subject to Industri-Matematik's right to appeal the delisting and request a hearing. Industri-Matematik intends to appeal the delisting and request a hearing before a Nasdaq Listing Qualifications Panel to review the staff determination. Industri-Matematik expects that its request for a hearing will stay the delisting process pending the Panel's decision. However, no assurance can be given that the Panel will grant Industri-Matematik's request for continued listing. About Industri-Matematik Industri-Matematik International - The Order Company - is a provider of high-performance supply chain solutions for the retail value chain which turn supply chain friction into smooth order flows. Its software enables companies to manage order and replenishment business processes based on actual customer demand to enable best-in-class, pull-driven supply chain practices. The Company's software includes collaborative order management, fulfillment, customer relationship management (CRM), distribution center and store replenishment, supply chain analytics, visibility, and event management capabilities. Industri-Matematik customers cover the entire retail value chain from manufacturers to logistics and business service providers to wholesalers and retailers. They include some of the world's leading brands such as AstraZeneca, British Airways, Campbell Soup, Canadian Tire, Foster's, Kellogg's, Royal Ahold, Schenker, Starbucks, Flextronics, TNT Express, and Warner/Elektra/Atlantic. 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, the success of its reorganization, 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 2002. The information in this release is as of September 18, 2002. Industri-Matematik undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in its expectations. For Industri-Matematik company and product information, and press releases, please access the Industri-Matematik site on the World Wide Web at: http:// www.industri-matematik.com For more information, contact: Industri-Matematik International Corp., Stockholm, Sweden Sue Salvesen (CFO) at: ir@im.se Phone US: +1-856-793-3269 Phone Europe: +46-8-676-5696 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/09/19/20020919BIT00220/wkr0001.doc http://www.waymaker.net/bitonline/2002/09/19/20020919BIT00220/wkr0002.pdf

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Aptean is a provider of high performance supply chain solutions for the retail and distribution industry. Its software enables companies to manage order and replenishment business processes based on actual customer demand to enable best-in-class, pull-driven supply chain practices. IMI Supply Chain is for companies regarding dynamic supply chain management as a key competitive advantage. With high-volume distribution for real-time control of multi-enterprise, multi-channel, multi-language and multi-currency requirements, IMI’s architecture provides for extremely reliable and scalable transaction handling. Global more than 5,000 customers rely on Aptean to give them a competitive edge. By providing innovative, industry-driven enterprise application software, Aptean helps business to satisfy their customers, operate more efficiently and stay at the forefront of their industry.