ATLANTA (Feb. 21, 2007) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced today that The Heat Group, one of Australia's leading cosmetics distributors with an established track record of growing brands, is implementing Logility Voyager Solutions™ to more effectively manage its supply chain, and provide them with more visibility whilst eliminating the time that would normally be wasted gathering data versus analyzing information. Logility will provide The Heat Group with demand, event, inventory, replenishment & web collaboration planning tools to optimise its supply chain.
"As The Heat Group continues to grow and expand its market presence it is important we protect our reputation as delivering excellent customer service for all our retailers. To do this, it is necessary to have a system in place that will allow us to better manage inventory across all our brands, said, Gillian Franklin, Managing Director, The Heat Group. "Logility Voyager Solutions™ was selected to help us strengthen inventory management while also providing us with better demand and promotional activity visibility to ensure that we continue to increase in-store customer satisfaction levels."
Logility Voyager Solutions will provide The Heat Group with the visibility to significantly improve forecast accuracy and replenishment planning by enabling a more comprehensive view of market demand, new product introductions, promotions and inventory policies. With Logility, The Heat Group will be able to align inventory with customer demand which will improve in-store service levels and reduce inventory obsolescence. The Heat Group will also be able to more efficiently plan and manage inventory for new product introductions, product seasonality factors and promotional activities.
"Logility Voyager Solutions helps solve the challenges wholesale-distributors face by providing the applications to better manage rapid cycle times, new product introductions, seasonality, global sourcing and other supply chain challenges that threaten profitability," said Mike Edenfield, president and CEO of Logility. "We look forward to helping The Heat Group strengthen their supply chain management while they continue to grow their presence in the Australian market."
Logility Voyager Solutions is marketed and supported in Australia & Asia Pacific by Demand Management Systems Pty Ltd (02) 9659 4555. For more information about Logility Voyager Solutions, visit www.logility.com.
About Logility
With more than 1,100 customers worldwide, Logility is a leading provider of collaborative, best-of-breed supply chain solutions that help small, medium, large and Fortune 1000 companies realize substantial bottom-line results in record time. 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; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Bissell, Brown Shoe Company, Huhtamaki UK, McCain Foods, 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 http://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 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 Company's Form 10-K for the year ended April 30, 2006 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information about risks the Company could face as well as other 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: asklogility@logility.com.