Logility Customer Receives Technology & Business Award
Remy International Wins Automotive/Electrical Components Category
ATLANTA (August 15, 2005) Logility (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced that one of its customers, Remy International, has received a 2005 Technology & Business Award for excellence in the automotive/electrical components industry from Start Magazine. The award honors manufacturers who have solved critical business issues with the use of technology.
Remy implemented Logility Voyager Solutions? to reduce demand volatility and improve factory scheduling; generate a one-number forecast for its business; decrease inventory; and streamline the sales and operations planning process.
"We are excited to recognize Remy International as a T&B award winner,” said Peggy Smedley, editorial director, Start Magazine. “The company wanted to improve forecasting accuracy to reduce costs and improve responsiveness. Not only did Remy implement in record time, it transformed the planning and collaboration process to become even more responsive to customers.”
“We are excited at Remy’s selection from the more than 100 nominations this year,” said Mike Edenfield, Logility president and CEO. “With Logility Voyager Solutions, Remy has greater visibility across its global supply chain and has reduced finished goods inventory, increased service levels and decreased expediting.”
Each year Start enrolls an independent panel of distinguished industry experts and financial analysts to choose the T&B Award winners. Judges for 2005 included analysts from Gartner Group, AMR Research, Industry Directions, ARC Advisory Group and Cyon Research. Award winners will be featured in the October issue of Start.
About Logility
With more than 1,100 customers worldwide, Logility is the leading provider of collaborative supply chain planning solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions feature performance monitoring capabilities in a single Internet-based framework and provide supply chain visibility; demand, inventory and replenishment planning; supply and global sourcing optimization; transportation planning and execution; and warehouse management. Logility customers include Bissell, Huhtamaki UK, Katun Corporation, McCain Foods, Mill’s Pride, Pernod Ricard, Rand McNally, Sigma Aldrich, 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. |
