Leading Analyst Firm Positions Logility in Visionary Quadrant for Supply Chain Planning
Logility assessed as a strong fit for process manufacturing companies
Atlanta (May 10, 2006) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced today that Gartner, Inc., an analyst firm providing research and analysis about the global information technology industry, has positioned Logility in the Visionaries Quadrant of its 2006 Magic Quadrant report for Supply Chain Planning in Process Manufacturing Industries. Logility’s strength in supply chain planning functionality for process-centric manufacturing combined with strong vision and proven ability to execute contributed to Gartner’s assessment of Logility.
The Gartner Magic Quadrant for Supply Chain Planning in Process Manufacturing Industries reviews the functionality of technology solutions for supply chain planning that are focused on the process manufacturing industries. Vendors must meet certain criteria such as revenue, product functionality and global coverage to be included in the Magic Quadrant process. Gartner evaluates vendors based on ability to execute and completeness of vision. Gartner’s evaluation for the Visionaries Quadrant was based on Logility’s ability to demonstrate global support strategy; provide customer references in targeted vertical industry; differentiated vertical-industry domain expertise and unique industry-specific functionality; development support for a multi-enterprise architecture on a SOA platform; and a targeted presence leading to influence and activity into how aspects of the market evolve. “We consider our positioning in the visionaries quadrant by Gartner confirmation of Logility’s mission to provide our customers with the most comprehensive solution to streamline mid-to-complex supply chain planning problems and improve business performance,” said Mike Edenfield, president and CEO of Logility. “Logility continues to innovate and enhance our market position by delivering solutions that optimize material, inventory, production and distribution assets by synchronizing supply and demand and generating planning scenarios that model supply chain constraints in sourcing, production and distribution.”
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; production planning; transportation planning and management and warehouse management. For more information, visit www.logility.com. www.logility.com
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 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: http://www.logility.com or E-mail: email@example.com.
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