New Generation Computing Joins the FRx Software Analytics Solution Provider Program
Analytics Solution Providers Give Customers Access to Advanced Financial Reporting and Budgeting Capabilities
Miami — January. 30, 2006 — New Generation Computing Inc. (NGC), a wholly-owned subsidiary of American Software Inc. (NASDAQ: AMSWA), today announced that it has joined the FRx Software Analytics Solution Provider program. NGC has developed and marketed software for the apparel industry since 1982. Brand managers, manufacturers, importers and retailers use NGC’s business applications to meet all of their global sourcing visibility, product lifecycle management (PLM), enterprise resource planning (ERP) and shop-floor control needs. FRx Software Corporation, a Microsoft company and a part of Microsoft Business Solutions, offers a suite of financial analytic solutions that give organizations the control they need to effectively manage their business.
As an Analytics Solution Provider, NGC will extend the availability of Microsoft® FRx® to their customers looking to gain tighter control over their financials performance and gain more visibility into the financial health of their organization.
The FRx Software suite of financial analytic solutions empowers small and midsize businesses, large corporations and divisions of global enterprises to become more productive throughout their financial management processes. FRx Software solutions automate the many time-consuming, tedious tasks associated with using spreadsheets for budgeting, financial reporting and analysis. With the suite of FRx Software solutions, accountants, controllers and financial executives can spend the majority of their time on important, value-added financial activities rather than collecting, validating, creating and distributing reports.
“By partnering with FRx Software as a Analytics Solution Provider, NGC will provide greater value to customers who want to take advantage of our ERP solution for the apparel industry and who are a looking for proven financial analytics and reporting processes to improve the quality of budgets and plans,” said Alan Brooks, president, New Generation Computing.
Because the FRx Software suite of financial analytic solutions is supported by NGC, customers are able to quickly realize the benefits of effective financial management. FRx Software solutions are equipped with out-of-the-box accounting intelligence and are easy to use because they were designed by financial professionals, not IT specialists. Together, NGC and FRx Software give users a consistent and streamlined approach to financial reporting and budgeting. With workflow management options and security features, organizations can be confident of the integrity of their financial data and that the right people are involved in the planning processes. With support from NGC and the implementation of FRx Software solutions, individuals have the specific information they need to support their decisions, giving them the ability to quickly respond to new challenges and opportunities in the market. Overall, with FRx Software solutions businesses can gain a higher-level of financial insight and have the ability to effectively manage their business.
“NGC is precisely the kind of top solution provider we had in mind when we launched our Analytics Solution Provider program,” said Holly Simpson, vice president of Partner Sales at FRx Software. “NGC’s advanced solution set, coupled with its technology expertise make it a natural addition to our program. We look forward to working with NGC to help organizations replace time-intensive financial management processes with automated, streamlined financial reporting and budgeting that gives all users more personalized financial information most relevant to them.”
About New Generation Computing Inc.
New Generation Computing Inc. (NGC), a wholly owned subsidiary of American Software Inc., (AMSWA) has 25 years of experience developing software for the apparel and sewn products industries. Manufacturers, brand managers, retailers and importers use NGC’s business applications to manage the design, sourcing and production of finished products. NGC’s business applications include the NGC SQL Series, the only integrated product development, global sourcing and ERP system that is available today to sewn-products enterprises. The NGC SQL Series consists of e-SPS, a global sourcing and production system; e-PDM, a product lifecycle management tool; and RedHorse, a comprehensive ERP system. NGC’s other products are EZ-Ship, a labeling, scan/pack and shipping system; e-RMM, a raw-material management system; TPM, a shop-floor control and manufacturing execution system; AMAS, a specialized apparel business control, accounting, import management and MRP system; and Full Package.
Forward Looking Statements
It should be noted that 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 effect of competitive products and pricing; 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 American Software, Inc. 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, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.
Alec J. Rosen
AJR& Partners, Inc.