Baseline Magazine Names Logility to its “50 Fastest-Growing Software Companies” List
ATLANTA (Oct. 4, 2006) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced today that Baseline magazine has ranked Logility in the Top 25 of its “50 Fastest-Growing Software Companies” list.
Baseline identifies the 50 companies that have experienced the quickest near-term growth out of list of 304 publicly held software companies. The companies were then ranked based on year-to-year revenue growth from 2004 to 2005, or the closest 12-month periods within a quarter.
“Logility’s performance over the past year was outstanding and we are pleased to be recognized in Baseline’s list of the top ‘50 Fastest-Growing Software Companies.’ Many companies are realizing that although the transition to offshore manufacturing may reduce costs, it significantly extends lead times and puts considerably more focus and less transparency on supply chain operations,” said Mike Edenfield, Logility president and CEO. “Logility provides supply chain solutions that give small, medium, large and Fortune 1000 companies the tools they need to overcome global supply chain challenges, reduce costs, improve service and drive more profitable growth.”
For more information about Logility visit www.logility.com.
With more than 1,100 customers worldwide, Logility is a leading provider of collaborative, best-of-breed supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. Logility Voyager Solutions is a complete supply chain management solution that features performance monitoring capabilities in a single Internet-based framework and provides supply chain visibility; demand, inventory and replenishment planning; supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Bissell, Brown Shoe Company, Huhtamaki UK, 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 contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions, technology and the market for the Company’s products and services, including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the challenges and risks associated with integration of acquired product lines and companies; the effect of competitive products and pricing; the Company’s ability to satisfy in a timely manner the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company’s revenues. For further information about risks the Company could experience as well as other information, please refer to the Company’s Form 10-K for the year ended April 30, 2005 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more 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: firstname.lastname@example.org
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