ATLANTA (May 30, 2007) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced that it received high rankings as a top software vendor in the apparel market in the second annual Apparel magazine Software Scorecard.
The 2007 Apparel Software Scorecard ranks software providers based on survey response from Apparel subscribers and other apparel companies invited to participate in the survey. Of the approximately 160 apparel- and retail-specific software firms serving the apparel industry, only 50 qualified for inclusion in the prestigious Scorecard report. The rankings were based on five criteria: overall satisfaction (the most heavily weighted), apparel market knowledge, ROI, user buy-in/user friendliness and customer service. Logility received high rankings across these categories and was also ranked Best All-Around.
According to a survey respondent in the May issue of Apparel, “Logility is a very customer-focused organization that designs its applications to provide value to multiple market segments including our own apparel market. They are consistently reviewing their tools and services in order to provide success to their customers.”
Logility Voyager Solutions™ enable softgoods and apparel companies to shorten cash-to-cash cycles, reduce inventory risk, improve carrying costs, raise service levels and manage global sourcing capabilities by giving companies the ability to collaborate and manage planning at multiple levels of their business. Logility customers in the apparel market include VF Corporation and Brown Shoe Company.
“It is an honor to be recognized with top rankings in the Apparel Software Scorecard for the second consecutive year,” said Mike Edenfield, president and CEO, Logility. “Today’s global marketplace demands tight collaboration with customers and suppliers along with greater flexibility across the supply chain. At Logility, we strive to bring this competitive edge to our apparel customers. The scorecard rankings validate the success and ROI that our customers are achieving through the effective deployment of Logility Voyager Solutions.”
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, 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.
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.