Logility Ranked in Visionary Quadrant of 2006 Supply Chain Planning Magic Quadrant
Strength in supply chain planning functionality combined with strong vision and ability to execute positions Logility as a Visionary in Gartner assessment
Atlanta (May 8, 2006) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that Gartner, Inc., an analyst firm providing research and analysis about the global information technology industry, has positioned Logility in the Visionaries Quadrant of the 2006 Magic Quadrant for Supply Chain Planning in Distribution-Intensive Industries. Logility’s strength in supply chain planning functionality as well vision and ability to execute contributed to Gartner’s assessment of Logility.
The Gartner Magic Quadrant for Supply Chain Planning in Distribution-Intensive Industries reviews the functionality of technology solutions for supply chain planning that are focused on the distribution intensive 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 are pleased that Gartner has recognized Logility’s continued expertise and long history of providing innovative supply chain planning solutions to distribution-intensive industries,” said Mike Edenfield, president and CEO, Logility. “We are focused on helping customers harness the benefits of becoming demand-driven to more effectively manage their global supply chain networks to lower costs, improve service levels and provide a foundation for business growth.”
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; warehouse management; and sales and operations planning. For more information, visit 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: firstname.lastname@example.org.
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