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4R Systems Hires Expert to Vice President of Analytics Post

Former Lead Analyst for Manugistics, Stefano Alberti, Will Head Up Analytics Team

WAYNE, PA, October 1, 2002 - 4R Systems, Inc., a leading provider of analytical software that enables retailers and manufacturers of short lifecycle products to accurately match supply with demand, announced today the appointment of Stefano Alberti to Vice President of Analytics.

Alberti, an expert in analytics, brings in-depth experience in forecasting, statistical data analysis, algorithm development and price optimization, and will be instrumental in conducting analyses of 4R clients' retail supply chain operations. He will spearhead the technology solutions that support these operations by defining the objectives and constraints of the solutions in quantitative, mathematical terms.

Prior to joining 4R Systems, Alberti was a lead analyst with Manugistics, where he led the algorithmic development of one of the company's pricing optimization products from the conceptual prototype phase to successful installation. While at Manugistics, Alberti also consulted and designed revenue management systems for travel and transportation industry clients.

"We are pleased to have someone like Stefano on board with such high-level analytical knowledge and experience in successful development of analytical enterprise software applications," said Jeff Singer, Chief Executive Officer of 4R Systems. "His unique ability to create algorithms that solve complex operational, technological and supply-chain issues will be key to our continued commitment to increase profitability for our clients."

Alberti holds a B.S. in Electrical Engineering from the University of Rome, Italy, an M.S. in Industrial Engineering from Texas A&M, and an M.S. ABD in Operations Research from Cornell University.

About 4R Systems
4R Systems, Inc. is a leading provider of analytical software that allows retailers and manufacturers to increase the profitability of short lifecycle products by accurately matching supply with demand. 4R's products leverage transactional and point-of-sale (POS) data and turn it into critical decision-making information for forecasting and supply planning. The company was founded by supply chain experts Marshall Fisher of The Wharton School and Ananth Raman of Harvard Business School, whose groundbreaking research on product lifecycles with over 30 world-class retailers pioneered the retail analytics sector. 4R is based in Wayne, Pennsylvania, and has offices in Boston, Washington, D.C. and Milan. Notable clients include Ahold, American Pacific, Kenneth Cole Productions, Linens 'n Things, Nokia and Stride Rite. For more information, please visit www.4rsystems.com or call 1-866-4RSYSTEMS.

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