Logility Announces 2006 Leadership Award Winners
ICI Paints and Williamson-Dickie Manufacturing Recognized for Supply Chain Excellence
ATLANTA (April 6, 2006) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced the 2006 “Logility Leadership Award” winners. The annual award program recognizes a select group of customers who have been the most innovative in their efforts to develop and implement collaborative supply chain processes that significantly improve operational performance through the deployment of Logility Voyager Solutions™. The 2006 Logility Leadership Award was presented to ICI Paints and Williamson-Dickie Manufacturing.
ICI Paints, the leading international producer of specialty products and paints, including Glidden, Dulux and Ralph Lauren, implemented Logility Voyager Solutions in their North American Operations, to increase supply chain visibility, better align inventory investment and improve customer service. With Logility, ICI Paints has reached a “one number” standard for ICI North American demand planning processes; improved production planning; reduced finished goods inventory; and improved service to customers.
Williamson-Dickie Manufacturing, the number one provider of work apparel worldwide, has used Logility Voyager Solutions to increase supply chain visibility, reduce costs and improve customer service. Williamson-Dickie has increased inventory turns, reduced stock-out cancellations, improved forecast accuracy, streamlined sales and operations planning and improved visibility into time-phased safety stocks.
“We are pleased that our customers continue to experience significant supply chain improvements with Logility Voyager Solutions,” said Mike Edenfield, president and CEO of Logility. “We congratulate each award recipient, and look forward to continuing to provide our customers with innovative technology solutions that enable long-term supply chain improvements and success.”
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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