Farleys & Sathers Candy Company Inc. Anticipates Sweet Success with Logility Voyager Solutions
ATLANTA (May 16, 2005) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced that Farley’s & Sathers Candy Company Inc. has selected Logility Voyager Solutions™ as part of a corporate-wide initiative to improve forecast accuracy, optimize inventory investments and extend its production planning horizon for greater supply chain flexibility and efficiency.
“Logility Voyager Solutions will provide greater automation of our demand planning processes and provide the data necessary to improve inventory policies and optimize longer-term production schedules,” said Duane Hurley, IS Director of Farley’s & Sathers. “Logility will also help us implement more effective sales and operations planning (S&OP) processes, create a one-number forecast and increase the level of collaboration between sales account executives, customers and suppliers.”
Farley’s & Sathers purchased Logility Voyager Solutions to address demand, inventory, supply and manufacturing planning, and Voyager Collaborate for Internet-based communications. The company plans to use improved forecast data to optimize its production and distribution network, from material sourcing to finished goods distribution, to develop high-level capacity plans and to create highly efficient production schedules for its manufacturing teams.
“Farley’s and Sathers is a great addition to the Logility family of customers, and we anticipate helping the company increase its ability to provide quality products and services faster and more efficiently throughout its distribution network,” said Mike Edenfield, president and CEO of Logility.
Representing over 350 years of combined brand recognition, Farley's & Sathers Candy Company Inc. provides quality products and services to all classes of trade. Farley's & Sathers manufactures and distributes a variety of name-brand items, including Farley’s®, Sathers®, Heide®, Jujyfruits®, Wunderbeans®, Now and Later®, Mighty Bite®, Intense Fruit Chews®, Super Bubble®, Rain-Blo®, Fruit Stripe®, Hot Dog!®, and the rights to market Chuckles® under license. Recently, Farley’s & Sathers acquired Bobs Candies. Sweetstrips®, Sweetwist® and related brands integrate nicely across the product profile and offer the consumer additional high quality, tasty choices. For more information visit http://www.farleysandsathers.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.
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