New Breed Expands its Investment in Logility Voyager Solutions
Life Cycle Planning functionality will further enhance its supply chain management offering
ATLANTA (April 3, 2006) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced today that New Breed Logistics, Inc., a leading provider of supply chain network solutions with world-class capabilities in facility implementation, physical distribution, information services, and supply chain management, will expand its investment in Logility Voyager Solutions™ to include Life Cycle Planning.
“With Logility’s comprehensive supply chain management solution, we are able to enhance the quality of our comprehensive services by combining our logistics expertise with powerful technology to support our clients’ supply chain improvements,” said Ashfaque Chowdhury, CIO, New Breed. “With the added Life Cycle Planning functionality, our clients will be able to model each phase in a product’s lifecycle from new product introductions to end of life which will increase their ability to meet customer demand.”
New Breed offers Logility Voyager Solutions in an ASP (application service provider) model as a core solution for current and prospective customers looking for a collaborative supply chain management solution. With the Life Cycle Planning capability, New Breed clients will be able to model each phase in a product’s sunrise-to-sunset lifecycle—including introduction, maturity, replacement, substitution and retirement—so that the right products are available at the point of customer demand. Logility Voyager Solutions enables companies to use key performance indicators (KPIs) to proactively manage supply chain performance, shape demand, and share forecasts and replenishment plans with customers, suppliers and logistics partners.
“We are pleased that New Breed has chosen to expand on its initial Logility investment,” said Mike Edenfield, president and CEO, Logility. “The combination of Logility Voyager Solutions and New Breed’s industry expertise will continue to be a great benefit to New Breed’s clients who are looking to optimize their entire supply chain to increase revenue, gain more demand visibility, improve forecast accuracy and reduce inventory.”
About New Breed
New Breed is a national distribution center operations company, featuring world-class capabilities in distribution services, reverse logistics & repair, and supply chain consulting. Clients include Verizon Wireless, Siemens Medical Solutions, The Boeing Company, Sony Electronics, the United States Postal Service, and the U.S. Marine Corps. Nationally recognized for its superior services, New Breed is consistently named among the Top Third Party Logistics Providers, and one of the top “North Carolina 100” privately held companies. New Breed employs more than 3,000 people and operates more than 30 distribution centers. More information is available at www.newbreed.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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