I-many Promotes Lawrence Lindsey to Chief Development Officer

EDISON, NJ--(Marketwire - October 19, 2009) -

I-many, Inc., the leading provider of Contract Lifecycle Management enterprise software and services, announced today its promotion of Lawrence Lindsey to Chief Development Officer at I-many. Mr. Lindsey has a proven track record at I-many in leading the Product Operations team for the last two and a half years. In his new role, Mr. Lindsey will drive product management, development, quality assurance, customer support and product release management for the entire I-many family of products.

Mr. Lindsey brings 19 years of senior management and enterprise software development experience with extensive experience in contract and revenue management, CRM, life science and other enterprise applications. Previously, Mr. Lindsey served as vice president of engineering at Symantec Corporation for online platform and partner services, and led an extensive team to design, develop and maintain world class technologies, as well as customized OEM and ISP versions of Norton products. Prior to Symantec, Mr. Lindsey was vice president of engineering for Nsite Software (now a unit of SAP) with responsibility for all product strategy, development, and production operations. Prior to Nsite, he held various senior management positions at Oracle Corporation, including senior management roles in CRM and Healthcare product groups. Mr. Lindsey holds a Bachelor of Science in Computer Science from the University of Southern California.

Since joining I-many over 2 years ago, Mr. Lindsey has launched the first full suite of ContractSphere, the broadest and deepest suite of contract, revenue and compliance management products for the life sciences industry. He also delivered along with his team many innovations including Formula Builder, allowing for sophisticated contracting strategies to be configured without customization, and contract analytics that enabled both prospective and retrospective analytics to optimize contract value. Mr. Lindsey was instrumental in improving overall performance and scalability of I-many’s products to meet the demands of the largest pharmaceutical manufactures and GPOs in the industry.

“We are pleased to announce Lawrence’s well-deserved promotion to Chief Development Officer,” said P. Kevin Kilroy, President and CEO of I-many. “Lawrence brings a deep and rich technical background that includes a proven track record of successfully building and managing large, world-class enterprise software development organizations. His expertise and leadership experience will allow us to quickly put into place the tools and processes that will enable us to grow while delivering against our objectives and maintaining innovation and drive.”

“I-many has undergone many exciting changes this year with the purpose of moving the company into the next phase of growth,” added P. Kevin Kilroy. “We are extremely fortunate to have Lawrence’s broad technical expertise, long-term vision and balanced business perspective to lead I-many into the development of the next generation of Contract lifecycle management.”

About I-many®

I-many is the leading provider of contract lifecycle management software and services for the enterprise within the life sciences industry as well as other sectors that must manage complex contractual relationships integral to their core business. With 23 of the top 25 life sciences companies and hundreds of organizations across 21 industries worldwide, I-many enables businesses to manage the entire contract life cycle, from pre-contract processes and contract management to active compliance, contract optimization, demand channel visibility and control. The result is an end-to-end solution that provides greater levels of insight into contract performance and regulatory compliance allowing companies to improve profitability and achieve a significant measurable return on investment within a very short timeframe. For more information, please visit www.imany.com.