Logility Customer Honored as a High Achiever at Managing Automation 2008 Progressive Manufacturing Awards
Intertape Polymer Group, Inc. Receives Top Award for Supply Network Mastery
Atlanta (June 23, 2008) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced Intertape Polymer Group Inc., a leading tape and film manufacturer in North America and Logility Voyager Solutions™ user, has received Managing Automation’s High Achiever Award, the highest recognition given for Supply Network Mastery at the 2008 Progressive Manufacturing Awards.
The 2008 Progressive Manufacturing Awards recognize manufacturers for accomplishments achieved using technology-driven business processes to better manage operational costs, and the growing challenges of globalization, outsourcing and off-shoring. Intertape Polymer Group, Inc. was one of 50 manufacturers recognized as a Progressive Manufacturer and one of eight to receive a top award in a category of distinction. Managing Automation recognized manufacturers for achieving distinction in at least one of the eight core disciplines defined by the magazine as critical to future business success—Business Model Mastery, Innovation Mastery, Customer Mastery, Supply Network Mastery, Data & Integration Mastery, Education and Training Mastery, Leadership Mastery and Operational Excellence. In addition to the Progressive Manufacturing 50 recognition, Intertape Polymer Group was awarded the High Achiever Award for the Supply Network Mastery category for successfully restructuring their supply chain processes to alleviate challenges that arose as a result of rapid growth through acquisitions. Intertape Polymer Group’s new supply chain structure, supported by Logility Voyager Solutions™, has resulted in increased fill rates, higher forecast accuracy and reduced inventory.
“Intertape Polymer Group has built a more collaborative and efficient supply chain foundation and we are proud to be the technology partner that has supported them through this process,” said Mike Edenfield, president and CEO, Logility. “Intertape Polymer Group has achieved impressive improvements in forecast accuracy, fill rates, and customer service and we congratulate them on receiving this prestigious recognition from Managing Automation.”
The award was presented to Intertape Polymer Group at the Progressive Manufacturing Awards Gala Dinner held recently in Las Vegas. Logility was also recognized for the being the technology partner that played a key role in enabling Intertape Polymer Group’s success in Supply Network Mastery. It is the second consecutive year that a Logility customer has been recognized as a Progressive Manufacturing High Achiever.
About Intertape Polymer Group Inc.
Intertape Polymer Group Inc. is a recognized leader in the development and manufacture of specialized polyolefin plastic and paper based packaging products and complementary packaging systems for industrial and retail use. Headquartered in Montreal, Quebec and Sarasota/Bradenton, Florida, the Company employs approximately 2,100 employees with operations in 17 locations, including 13 manufacturing facilities in North America and one in Europe.
About Logility
With more than 1,250 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; Sales and Operations Planning (S&OP); supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include McCain Foods, Pernod Ricard, 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 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, 2007 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: www.logility.com or E-mail: asklogility@logility.com.
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