Logility Named to Software Magazine’s 22nd Annual Software 500
ATLANTA (September 23, 2004) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced its inclusion on the Software 500, Software Magazine’s list of the world’s foremost software and services providers, published as an online catalog on http://www.softwaremag.com.
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting enterprise IT organizations. The ranking is based on total worldwide software and service revenue for 2003, including revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at http://www.softwaremag.com.
"The software industry remains extremely dynamic, with 140 new companies appearing on the 2004 Software 500 list. Overall results were mixed but total revenue for the 500 was up 14% and total employment up 8%,” says John P. Desmond, editor of Software Magazine and Softwaremag.com. "Our aim is to help CIOs, senior IT managers and IT staff research their partner options, and that is a valuable service."
“We are thankful to our customers for their continued support of Logility Voyager Solutions™, because it is the companies who purchase and deploy our collaborative supply chain software that enable Logility to make the Software 500 ranking each year,” said Mike Edenfield, Logility president and CEO.
About Softwaremag.com/The IT Software Journal
Softwaremag.com, The IT Software Journal, is the Web publishing effort of Software Magazine, a brand name in the industry for over 20 years. Softwaremag.com is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies, now in its 22nd year. Software Magazine and Softwaremag.com are owned and operated by King Content Co., the Web content development and publishing firm run by John P. Desmond.
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. |
