ATLANTA (June 19, 2008) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced today that it has been named one of START-IT magazine’s Hottest Companies of 2008.
“The companies who were named ‘hot’ this year are among the leading-edge technology providers within manufacturing,” said Peggy Smedley, editorial director of START-IT. “Logility was chosen because they continue to make an impact on the manufacturing industry by providing innovative, comprehensive solutions that help their customers build successful supply chains.”
Logility was selected as one of 25 companies honored by START-IT in 2008 for developing and providing innovative solutions for the manufacturing industry. It is the third consecutive year that Logility has received this recognition. The winning companies were judged on a variety of criteria including revenue growth, important client wins, and significant events and accomplishments during the past year. Logility’s growth, overall financial performance and record number of new customers signed during fiscal year 2007 contributed to the company’s recognition as one of START-IT’s Hottest Companies.
“It is an honor to be recognized for the past three years as a ‘hot’ company by START-IT,” said Mike Edenfield, president and CEO, Logility. “Logility continues to excel as a technology provider that enables our customers, who are among many of the worlds leading manufacturers, to quickly gain efficient, flexible and collaborative supply chains that promote growth and profitability—which is especially critical in uncertain economic times. We remain focused on developing the latest in supply chain technologies and look forward to continuing to build on this legacy of success.”
About LogilityWith 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:
http://www.logility.com or E-mail:
asklogility@logility.com.
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