i2 Technologies, Inc.

i2 Technologies, Inc.

1    Quarter 2008

Financial Review

May 6, 2008

Exhibit 99.2

st

©

2008 i2 Technologies, Inc.

2

2

Safe Harbor Language

•

During our commentary and during the question and answer session, we

will make estimates and forward-looking statements that are the current

beliefs and opinions of certain members of i2 management.  These

statements are indicated by such terms as plans to, preliminary,

goal, will,

believe, targeting, expect, anticipate, intend and likely.  They

may include

statements regarding the objectives and timing of the Strategic Review

Committee’s actions and the company’s ability to enhance shareholder

value.  They may also include statements regarding future revenues or

expenses, earnings, operations and cash flows, as well as statements

regarding demand for the company’s solutions and the company’s ability

to achieve its targets, goals and initiatives.

•

We can give no assurance regarding the achievement of these forward-

looking statements, as they are only estimates, and the actual outcomes

may be significantly different.  Additionally, we expect that some of these

forward-looking statements will change in the normal course of our

business, and the company expressly disclaims any current intention to

update forward-looking statements that we may make on today’s call. 

•

Please refer to the “Forward-Looking Statements”

portion of the MD&A

section and the “Risk Factors”

section of our most recent 10-K filing with

the SEC, which is available on our web site.

©

2008 i2 Technologies, Inc.

3

3

Financial Highlights –

1

st

Quarter 2008

Bookings

Total bookings of $66.4M, including software solutions bookings of $8.6M

Total revenue of $62.6M

Net income and diluted EPS applicable to common stockholders

Net income

Diluted EPS

GAAP

$2.6M

$0.10

Add: stock option expense

2.0M

0.08

Non-GAAP *

$4.6M

$0.17

Cash flow from operations of $8.9M

Total cash balance, including restricted cash, of $138.9M; greater

than the face value of total debt ($86.3M), by $52.6M

Positive working capital of $73.8M

* Amounts may not add due to rounding

©

2008 i2 Technologies, Inc.

4

4

Summary Income Statement

($mils, except per share amounts;

Amounts are unaudited)

Amounts may not add due to rounding

1Q -

08

1Q -

07

Total revenue

62.6

$   

65.6

$   

Operating revenue (excluding contract revenue)

62.6

63.1

Total costs and expenses

58.5

60.1

Operating income

4.1

5.5

Non-operating income (expense), net

0.4

(0.3)

Income before income taxes

4.5

5.1

Income taxes

1.1

0.9

Net income

3.4

4.3

Preferred stock dividend and accretion of discount

0.8

0.8

Net income applicable to common stockholders

2.6

$      

3.5

$      

Diluted EPS applicable to common stockholders

0.10

$   

0.13

$   

©

2008 i2 Technologies, Inc.

5

5

Summary Balance Sheet

($mils; Amounts are unaudited)

Mar. 31

Dec. 31

2008

2007

Current Assets

Cash, equivalents & restricted

138.9

$ 

129.4

$ 

Accounts receivable, net

27.4

25.1

Other current assets

10.8

7.7

Total current assets

177.1

162.3

Total non-current assets

38.6

39.9

Total Assets

215.7

$ 

202.2

$ 

Current Liabilities

Accounts payable and accrued liabs.

21.8

$   

19.4

$   

Accrued compensation and related exp.

12.5

17.6

Deferred revenue

69.0

61.7

Total current liabilities

103.3

98.7

Long term debt, net

84.6

84.5

Taxes payable

5.9

4.5

Total Liabilities

193.8

187.7

Net Stockholders' Equity

21.9

14.5

Total Liabilities and Stockholders' Equity

215.7

$ 

202.2

$ 

©

2008 i2 Technologies, Inc.

6

6

Summary Statement of Cash Flows

($mils; Amounts are unaudited)

First Quarter

2008

2007

Net Income

3.4

$      

4.3

$       

Adjustments to reconcile net income to net

cash provided by operating activities

Adjustments to net income

5.1

5.8

Change in net deferred revenue

7.0

(3.6)

Net changes in assets & liabilities, excl. def. rev.

(6.6)

(13.1)

Net cash provided by (used in) operating activities

8.9

(6.6)

Net cash provided by (used in) investing activities

1.1

(1.6)

Net cash provided by financing activities

0.1

1.3

Effect of exchange rates on cash

0.6

0.1

Net change in cash & equivalents

10.6

$    

(6.7)

$      

Cash & equivalents at beginning of period

121.0

$  

109.4

$   

Cash & equivalents at end of period

131.6

$  

102.7

$