Logility and Its Customers Continue
to Receive Industry Recognition
Atlanta, GA (July 31, 2003) Logility (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, continues to receive recognition for its consistent financial performance. The company has been selected again for three honors – one of Georgia’s 100 Top-Performing Companies (published by the Atlanta Journal-Constitution), one of MSI Magazine’s Top 100 Software Vendors, and one of Inbound Logistics Magazine’s Top 100 Logistics IT companies.
Several Logility customers have also received recent industry honors. More than 25 percent of “The Most Influential Consumer Goods Executives” cited by Consumer Goods Technology Magazine are Logility customers, including VF Corporation, Pfizer and McCormick & Company. Separately, BusinessWeek named Coach, Columbia Sportswear and Donaldson, additional Logility clients, to its list of “2003 Hot Growth Companies.”
“We are delighted at our inclusion on the Georgia’s 100 Top-Performing Companies, MSI and Inbound Logistics lists, and believe it continues to validate a growing market acceptance for our collaborative supply chain solutions that drive a rapid return on investment – which is critical for companies to operate effectively in these challenging economic times,” said Mike Edenfield, Logility President and CEO. “Logility Voyager Solutions? have driven substantial value for our customers through cost reductions, inventory optimization and improved service levels. We are pleased to see the proof of such value in the form of industry recognition and awards not only for Logility, but more importantly for our customers.”
Logility Voyager Solutions facilitate each phase of supply chain management, from demand planning and new product introductions, through sourcing materials and manufacturing, to transporting and selling final product. Companies can formulate and revise plans based on the real-time status of demand, inventory, manufacturing capacity, and transportation across their global supply chains, and then use that information to synchronize resources, optimize inventory investments, drive costs down and deliver superior customer service.
About Logility
Logility is a leading provider of collaborative solutions to optimize the supply chain. Logility Voyager Solutions enable networks of trading partners including suppliers, manufacturers, distributors and retailers to collaborate, integrate and synchronize their planning, production and logistics operations. Logility customers have realized substantial bottom-line results in record time. Logility is proud to serve such customers as ConAgra, Huhtamaki UK, McCormick & Company, Mill’s Pride, Pernod-Ricard, Sigma Aldrich, Timex and VF Corporation. Logility is a majority owned subsidiary of American Software (NASDAQ: AMSWA).
For more information about Logility call 1-800-762-5207 or visit
www.logility.com.
Forward Looking Statements
This press release may include statements that may constitute “forward-looking statements,” including estimates of future business prospects or financial results and statements containing the words “believe,” “expect,” or similar expressions. Any forward-looking statements herein are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. There are many factors that could cause actual results of Logility to differ materially from those anticipated by forward-looking statements made herein. These factors include continuing economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, competitive pressures, delays and other risks associated with new product development, undetected software errors, and risks associated with market acceptance of the Company’s products and services as well as a number of other risk factors that could affect the future performance of the Company. Please refer to a discussion of these factors and others in the Company's most recent Annual Report on Form 10-K, and in its Quarterly Reports on Form 10 Q and other reports and documents subsequently filed with the Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this release, including any forward-looking statements. For more information about risks the Company could face as well as other information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206 INTERNET: www.logility.com or E-mail: ask@logility.com. |
