EXHIBIT 99.1

CONTACT:
J. CASEY FAIMAN
I-MANY, INC.
(207) 228-2443
CFAIMAN@IMANY.COM

                        I-MANY SIGNS AGREEMENT TO ACQUIRE
                              MENERVA TECHNOLOGIES

 CONTRACT MANAGEMENT LEADER TO EXPAND FOOTPRINT WITH BUY-SIDE CONTRACT SOLUTIONS

PORTLAND, MAINE--MARCH 27, 2002-- I-many, Inc. (NASDAQ: IMNY), the leader in
contract and trade relationshiP management solutions, today announced that it
has agreed to acquire Menerva Technologies, Inc., a Redwood City,
California-based enterprise software company, for a total of $8.5 million in
cash and I-many stock, plus additional consideration based on future
performance. The acquisition is structured as a merger of a subsidiary of I-many
into Menerva. Completion of the merger is dependent on the prior satisfaction of
customary conditions, including, among other matters, approval of the merger by
Menerva's stockholders and the consent of certain parties to contracts with
Menerva. The merger is expected to close by March 30, 2002. Following the
merger, I-many expects to merge Menerva directly into I-many.

The acquisition of Menerva will further expand I-many's contract management
offering with buy-side contract solutions designed to: reduce the cost, effort
and cycle time of procurement contracting; reduce financial, business and legal
risks with suppliers and maintain a full audit trail; maximize revenue
opportunities through compliance with negotiated contract terms; and provide key
decision-support information for strategic sourcing initiatives through a
central contract repository.

         "Combined with our comprehensive sell-side contract solutions,
Menerva's buy-side contract solutions will give us a `closed loop' offering that
will deliver value throughout the enterprise for our current and future
customers," said Leigh Powell, CEO of I-many. "We are continuing to execute on
our strategy of enhancing our position as the leading enterprise contract
management software company across all industries."

"Our buy and sell-side contract solutions are a natural fit and will provide us
with an unequaled ability to maximize revenues and minimize costs throughout the
contract management lifecycle," said Robert Petrossian, president and CEO of
Menerva. "Combining forces with I-many, the leader in contract management
solutions, will enable us to deliver this value proposition to customers faster
than ever before."

Robertson Stephens served as I-many's financial adviser for this acquisition.



                                      -59-


                                  About I-many

I-many (NASDAQ: IMNY) is the leader in providing software and Internet-based
contract management solutions and related professional services which enable
businesses to manage complex trade relationships and facilitate
business-to-business e-commerce. The company's software is used by 8 of the
largest 10 healthcare manufacturers in the world and leading consumer goods,
manufacturing and food service companies. The company estimates that its
solutions help manage more than $55 billion in contracted commerce per year. For
more information, visit the company Web site at HTTP://WWW.IMANY.COM.

This press release may contain forward-looking statements relating to the future
performance of I-many, Inc. Forward-looking statements, specifically those
concerning future performance, are subject to certain risks and uncertainties,
and actual results may differ materially from expectations. These risks and
uncertainties include the risk that the merger may not occur, that the benefits
of the acquisition are not as great as anticipated by I-many, or that I-many
experiences greater difficulty than expected in integrating Menerva's operations
and the risk of adoption of I-many's products by companies outside the
healthcare field. Other risks are described in I-many's filings with the
Securities and Exchange Commission, available at WWW.SEC.GOV.


                                      # # #