Blog Type: Press Release

ATLANTA, GA (August 21, 2024) – American Software, Inc. (NASDAQ: AMSWA) today announced that its Board of Directors declared a quarterly dividend of $.11 per share. The dividend is payable to the Company’s Class A Shareholders of record at the close of business on November 15, 2024, to be paid on or about November 29, 2024.

About American Software, Inc. 

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers optimized demand, inventory, manufacturing, and supply planning tools – helping give executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains.  

 Logility is a market-leading provider of AI-first supply chain management software engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform the supply chain from a cost center to an engine for growth. 
 
With over 550 clients in 80 countries, Logility is proud to work with some of the world’s leading brands, such as Reynolds Consumer Products, Denso, Sandvik, and Ansell. The company is headquartered in Atlanta, GA. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at www.logility.com. You can learn more about American Software at www.amsoftware.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 or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (404) 364-7615 or email kliu@amsoftware.com.

 Preliminary Financial Results

ATLANTA, GA (August 12, 2024) – Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers an innovative AI-powered supply chain planning platform that enables resiliency and accelerates digital supply chain transformation. The company today announced that it will release its First Quarter Fiscal Year 2025 preliminary financial results after the U.S. financial markets close on Thursday, August 22, 2024.

In conjunction with the release, the company will host a conference call at 5:00 pm ET to discuss its results with the investment community. A live webcast and replay of the call will be accessible via the investor relations page of American Software’s website at www.amsoftware.com/investor-relations.

American Software’s First Quarter Fiscal Year 2025 Preliminary Financial Results Earnings Call

Date: Thursday, August 22, 2024

Time: 5:00 pm ET

Location: www.amsoftware.com/investor-relations

About American Software

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers optimized demand, inventory, manufacturing, and supply planning tools – helping give executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains.

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform the supply chain from a cost center to an engine for growth.

With over 550 clients in 80 countries, Logility is proud to partner with some of the world’s leading brands, such as Reynolds Consumer Products, Denso, Sandvik, and Ansell. The company is headquartered in Atlanta, GA. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at www.logility.com. You can learn more about American Software at www.amsoftware.com or by calling (404) 364-7615 or email kliu@amsoftware.com.

ATLANTA, GA (June 10, 2024) – American Software, Inc. (NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain planning software, today announced that Allan Dow, Chief Executive Officer and President, and Vincent Klinges, Chief Financial Officer, will present virtually at the following investor conference:

Sidoti Small Cap Conference

Date: Wednesday, June 12, 2024
Time: 10:45 am ET

A live webcast of the presentation will be accessible here and will be archived on American Software’s website for a limited time.

About American Software, Inc.

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers optimized demand, inventory, manufacturing, and supply planning tools – helping give executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains.  

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform the supply chain from a cost center to an engine for growth. 
 
With over 650 clients in 80 countries, Logility is proud to partner with some of the world’s leading brands, such as Reynolds Consumer Products, Denso, Sandvik, and Ansell. The company is headquartered in Atlanta, GA. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at www.logility.com. You can learn more about American Software at www.amsoftware.com or by calling (404) 364-7615.

Investor Contact:

Transformative Actions Taken in Fiscal 2024

Subscription Fee Growth of 8% and 10% in Q4 and Fiscal 2024

ATLANTA (June 6, 2024) American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the fourth quarter and fiscal year 2024. During the second quarter of fiscal year 2024, we divested our non-core information technology staffing firm, The Proven Method and its results are included in discontinuing operations.

“Fiscal 2024 was a pivotal year for our company, as we divested several non-core assets, introduced next-generation AI-first supply chain planning solutions, and reached a definitive agreement to eliminate our dual class structure,” said Allan Dow, CEO and President of American Software. “As we enter fiscal 2025, our pipeline has expanded meaningfully, thanks in part to increasing client interest in cloud conversions to realize the benefits of our new AI capabilities. Although we expect the rising demand for our solutions to accelerate subscription fee growth, our fiscal 2025 guidance assumes that ongoing macroeconomic headwinds will continue to weigh on customer spending decisions in the near-term.”

Fiscal Year 2025 Financial Outlook from Continuing Operations:

• Total revenues of $104.0 million to $108.0 million, including total recurring revenues of $87.0 million to $89.0 million.
• Adjusted EBITDA of $15.0 million to $16.4 million.

Key Fourth Quarter Financial Highlights from Continuing Operations:

• Subscription fees were $14.1 million for the quarter ended April 30, 2024, an 8% increase compared to $13.0 million for the same period last year.
• Total revenues for the quarter ended April 30, 2024 decreased 5% to $25.4 million, compared to $26.8 million for the same period of the prior year, principally due to a decline in license fee, services and maintenance fee revenue.
• Recurring revenue streams for Maintenance and Subscriptions were $21.5 million or 85% of total revenues in the quarter ended April 30, 2024 compared to $21.2 million or 79% of total revenues in the same period of the prior year.
• Maintenance revenues for the quarter ended April 30, 2024 decreased 9% to $7.4 million compared to $8.2 million for the same period last year partially due to the divestiture of the Transportation group in November, 2023 and client conversions to the cloud.
• Professional services and other revenues for the quarter ended April 30, 2024 decreased 23% to $3.7 million for the quarter ended April 30, 2024 compared to $4.8 million for the same period last year. The decline was primarily driven by lower than expected seasonal project work and outsourcing of some services to systems integrators and other service providers.
• Software license revenues were $0.2 million for the quarter ended April 30, 2024 compared to $0.7 million in the same period last year, continuing the focus on cloud services sales.
• Operating earnings for the quarter ended April 30, 2024 were $0.7 million compared to $2.2 million for the same period last year.
• GAAP net earnings from continuing operations for the quarter ended April 30, 2024 were $2.3 million or $0.07 per fully diluted share compared to $2.9 million or $0.09 per fully diluted share for the same period last year. 
• Adjusted net earnings from continuing operations for the quarter ended April 30, 2024, which excludes non-cash stock-based compensation expense and amortization of acquisition-related intangibles, were $4.0 million or $0.12 per fully diluted share compared to $4.2 million or $0.12 per fully diluted share for the same period last year.
• EBITDA from continuing operations was $1.5 million for the quarter ended April 30, 2024 compared to $3.0 million for the same period last year.
• Adjusted EBITDA from continuing operations was $3.1 million for the quarter ended April 30, 2024 compared to $4.3 million for the same period last year. Adjusted EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, income tax expense and non-cash stock-based compensation expense.

Key Fiscal 2024 Financial Highlights from Continuing Operations:

• Subscription fees were $55.3 million for the twelve months ended April 30, 2024, a 10% increase compared to $50.4 million for the same period last year, while Software license revenues were $1.0 million compared to $2.8 million for the same period last year.
• Total revenues for the twelve months ended April 30, 2024 decreased 5% to $102.5 million compared to $108.3 million for the same period last year.
• Recurring revenue streams for Maintenance and Cloud Services were $86.7 million and $85.0 million or 85% and 78% of total revenues for the twelve-month periods ended April 30, 2024 and 2023, respectively.
• Maintenance revenues for the twelve months ended April 30, 2024 were $31.4 million, a 9% decrease compared to $34.6 million for the same period last year.
• Professional services and other revenues for the twelve months ended April 30, 2024 decreased 28% to $14.8 million compared to $20.5 million for the same period last year. The decline was primarily driven by lower project work and outsourcing of some services to systems integrators and other service providers.
• For the twelve months ended April 30, 2024, the Company reported continuing operating earnings of approximately $4.1 million compared to $9.9 million for the same period last year.
• GAAP net earnings from continuing operations were approximately $9.7 million or $0.29 per fully diluted share for the twelve months ended April 30, 2024 compared to $10.0 million or $0.29 per fully diluted share for the same period last year.
• Adjusted net earnings from continuing operations for the twelve months ended April 30, 2024, which exclude stock-based compensation expense and amortization of acquisition-related intangibles, increased 15% to $17.0 million or $0.51 per fully diluted share, compared to $14.8 million or $0.44 per fully diluted share for the same period last year.
• EBITDA from continuing operations decreased by 34% to $8.5 million for the twelve months ended April 30, 2024 compared to $13.0 million for the same period last year.
• Adjusted EBITDA from continuing operations decreased 18% to $14.9 million for the twelve months ended April 30, 2024 compared to $18.2 million for the twelve months ended April 30, 2023. Adjusted EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, income tax expense and non-cash stock-based compensation.

The overall financial condition of the Company remains strong, with cash and investments of approximately $83.8 million. During the fourth quarter of fiscal year 2024, the Company paid shareholder dividends of approximately $3.7 million.

Key Fourth Quarter and Fiscal Year 2024 highlights:

Clients & Channels

• Notable new and existing customers placing orders with the Company in the fourth quarter include:

Bob’s Discount Furniture, Inc., CertainTeed LLC., Hamilton Beach Brands, Inc., Johnson Controls Inc., Landau Uniforms, Manna Pro Products and Yokohama TWS S.P.a.

• During the quarter, SaaS subscription and software license agreements were signed with customers located in the following countries: Australia, Italy, Mexico, New Zealand, and the United States.

Company & Technology

• During the quarter, Logility earned the title of Leader in the 2024 Gartner Magic Quadrant for Supply Chain Planning Solutions. This recognition was based on the Company’s vision and execution capabilities highlighting the AI-driven approach to boosting agility and precision in supply chain management.

• In February, Logility announced the delivery of generative AI capabilities, extending its AI-first approach for supply chain management. Leveraging the AI-native platform, Logility’s GenAI aids in mastering the complexity of supply chain data, helping enterprises to make faster decisions that deliver competitive advantage.

• Logility also introduced enhanced capabilities to its Digital Supply Chain Platform. These enhancements included:

• AI-powered dynamic inventory modeling – enhanced network optimization delivers a more holistic view by solving for the best supply chain configuration while simultaneously calculating inventory levels.

• Decision Command Center – helps supply chain leaders mitigate supply chain risk by offering a holistic approach to supply chain processes, leveraging data and intelligence to enhance decision-making and drive value across the entire supply chain ecosystem.

• Logility was featured in Supply Chain Brain in an article authored by Lisa Henriott, SVP of product marketing, outlining three critical steps to mastering total inventory optimization in 2024. The article discussed Logility’s methods for improving inventory management to boost supply chain efficiency and performance.
• In March, Logility was featured on the ISM Supply Chain Unfiltered podcast represented by Andrew Driscoll, vice president strategic accounts, and Scott Tillman, vice president of innovation. They talked about the challenges of inventory management and how Logility’s optimization tools can help.
• In April, Logility was highlighted in the list of Top 100 Supply Chain Technology providers in the April issue of Inbound Logistics.

Earlier in FY2024, Logility released significant solution advancements including:

• The introduction of DemandAI+ which offers features that combines advanced AI-driven demand planning, with optional generative AI in a single solution designed to elevate planning capabilities across the supply chain. Analysts cite a 20 – 24% improvement in forecast accuracy for clients who adopt DemandAI+. This offering leverages the assets gained in the acquisition of Garvis B.V., a visionary SaaS startup that combines optional large language models (ChatGPT) with AI-native demand forecasting.

• InventoryAI+, a powerful new offering designed to optimize inventory with advanced AI and machine learning to enable clients to lower costs while improving service. Building on existing capabilities, Inventory AI+ empowers planners to resolve issues in real-time and achieve higher levels of supply chain performance.

About American Software, Inc. 

 Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers optimized demand, inventory, manufacturing, and supply planning tools – helping give executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains.  
Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform the supply chain from a cost center to an engine for growth. 
 
With over 650 clients in 80 countries, Logility is proud to partner with some of the world’s leading brands, such as Reynolds Consumer Products, Denso, Sandvik, and Ansell. The company is headquartered in Atlanta, GA. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at www.logility.com. You can learn more about American Software at www.amsoftware.com. 

Operating and Non-GAAP Financial Measures

American Software, Inc. (the “Company”) includes non-GAAP financial measures (EBITDA, adjusted EBITDA, adjusted net earnings and adjusted net earnings per share) in the summary financial information provided with this press release as supplemental information relating to its operating results. This financial information is not in accordance with, or an alternative for, GAAP-compliant financial information and may be different from the operating or non-GAAP financial information used by other companies. The Company believes that this presentation of EBITDA, adjusted EBITDA, adjusted net earnings and adjusted net earnings per share provides useful information to investors regarding certain additional financial and business trends relating to its financial condition and results of operations. EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, and income tax expense. Adjusted EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, income tax expense and non-cash stock-based compensation expense.

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 or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

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ATLANTA – May 30, 2024 – American Software, Inc. (NASDAQ: AMSWA) today announced that its Board of Directors declared a quarterly dividend of $.11 per share. The dividend is payable to the Company’s shareholders of record at the close of business on August 16, 2024, to be paid on or about August 30, 2024.

About American Software, Inc.

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entity Logility, delivers optimized demand, inventory, manufacturing, and supply planning tools – helping give executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains.  
Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform the supply chain from a cost center to an engine for growth. 

With over 650 clients in 80 countries, Logility is proud to partner with some of the world’s leading brands, such as Reynolds Consumer Products, Denso, Sandvik, and Ansell. The company is headquartered in Atlanta, GA. Logility is a wholly-owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at www.logility.com You can learn more about American Software at www.amsoftware.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 or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email kliu@amsoftware.com.

Evaluated based on Our Completeness of Vision and Ability to Execute

ATLANTA – April 30, 2024 – Logility, Inc., a leader in AI-first supply chain planning software, announced they have been positioned by Gartner® as a Leader in the Magic Quadrant^TM for Supply Chain Planning Solutions for their offering, the Logility Digital Supply Chain Platform. The evaluation was based on the company’s overall Completeness of Vision and Ability to Execute.

The Logility® Digital Supply Chain Platform offers an AI-first approach to supply chain planning, empowering organizations to navigate the complexities of global supply chains with agility and precision. Logility’s solutions revolutionize supply chain planning, enabling businesses to thrive in a rapidly changing world.

“Logility is honored to be recognized as a Leader in the 2024 Gartner Magic Quadrant for Supply Chain Planning Solutions.  By leveraging narrow AI, generative AI, and predictive analytics we enable organizations to proactively anticipate demand fluctuations, optimize inventory levels, and enhance overall supply chain resilience, said Allan Dow, president of Logility. “Our commitment to providing AI-first solutions ensures supply chain agility, accuracy, and adaptability in an evolving competitive landscape.”

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

View a complimentary copy of the Magic Quadrant report to learn more about Logility’s strengths and cautions, among other provider offerings, at https://www.logility.com/analyst-report/logility-named-a-leader-in-the-2024-gartner-magic-quadrant-for-supply-chain-planning-solutions/

Logility delivers value through:

AI-First Insights: Logility leverages artificial intelligence and machine learning to provide real-time data-driven insights. By analyzing accurate, up-to-the-minute information, organizations can respond swiftly to market dynamics and disruptions.

Profitable Supply Chain Optimization: Logility automates planning processes, augments performance, and accelerates decision-making. The platform helps organizations manage complex global operations more profitably.

Superior Visibility: Logility enhances operating performance by offering superior visibility into supply chain processes. This visibility enables organizations to stay one step ahead, anticipate challenges, and seize new opportunities.

Additional resources

• Explore Logility on www.logility.com
• Follow Logility on LinkedIn

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner, Methodologies, Gartner Magic Quadrant, https://www.gartner.com/en/research/methodologies/magic-quadrants-research

Gartner, Magic Quadrant for Supply Chain Planning Solutions, Pia Orup Lund and 4 others, 23 April 2024

Gartner is a registered trademark and service mark and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

New command center delivers data-driven supply chain insights to enable faster decision-making, better resource utilization, and value creation

ATLANTA, April 24, 2024 — Logility, Inc., a leader in AI-first supply chain planning solutions, today announced the new Decision Command Center, offering a holistic approach to supply chain processes, leveraging data and intelligence to enhance decision-making and drive value across the entire supply chain ecosystem. Created for supply chain leaders seeking tighter cross-functional collaboration and higher organizational efficiency, Decision Command Center is designed to provide data-driven insights to enable higher quality, end-to-end (E2E) decisions, leading to faster results, better resource utilization, and value creation for their business.

“In order to stay competitive in today’s market, supply chain leaders need solutions that enable transparent and comprehensive decision making away from siloed data sets,” said Kevin McInturff, Chief Technology Officer, Logility. “Beyond basic workflow solutions, Decision Command Center integrates multiple use cases across supply chain processes, providing enhanced visibility, and a complete audit trail for decision-making. We are now empowering organizations to achieve greater results by addressing cross-functional decisions quickly, where traditional workflow, point solutions, and spreadsheets fall short.”

Decision Command Center provides a single system that facilitates collaboration across supply chain planning processes to enhance visibility, facilitate understanding of supply chain implications, and achieve greater strategic and operational alignment. Cross-functional business processes, like sustainability and risk management, require the tracing of previous plans and the contextualized assumptions that went into those plans. Understanding that quick decisions require contextual, continuous, and connected data from the supply chain ecosystem, Decision Command Center is designed to break down functional silos and promote interconnectedness across the enterprise.

Please visit https://www.logility.com/solutions/integrated-business-planning/decision-command-center to learn more.

About Logility

Logility’s Digital Supply Chain Platform delivers optimized demand, inventory, manufacturing, and supply plans – helping to provide executives the confidence and control to increase margins and service levels, while delivering sustainable supply chains. Designed for speed and agility, Logility’s cloud-based platform provides an innovative blend of artificial intelligence (AI) and predictive analytics to help deliver integrated planning and operations across the end-to-end supply chain. Our prescriptive approach drives team alignment for over 650 clients in 80 countries with prioritized outcomes designed to create demonstrable value. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). Learn more at logility.com.

Forward-Looking StatementsThis press release contains forward-looking statements that are subject to substantial risks and uncertainties. References below to the company means Logility, Inc. There are several factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, technological complexity; undetected software errors; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; as well as several other risk factors that could affect the Company’s future performance. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Inc.’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email kliu@amsoftware.com.