Logility Named to RIS News Leaderboard 2003
Company receives high marks for ease of implementation and return on investment
Atlanta, GA (January 26, 2004) Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, has been named to RIS News Leaderboard 2003, an elite gathering of the retail industry’s top software vendors. The magazine included Logility in top positions for ease of implementation and return on investment. The rankings are based on results from a reader survey conducted in late 2003.
“Logility Voyager Solutions? are an excellent choice for retail companies that need to increase store service levels; improve gross margin return on investment; streamline global sourcing of private label products; support Collaborative Planning Forecasting and Replenishment (CPFR®) initiatives and promotion planning; and bring logistics costs under control,” said Mike Edenfield, Logility president and CEO. “We are excited to receive recognition for our initiatives in the retail sector, and appreciate the vote of confidence from our retail customers.”
Logility retail clients include Saks Inc., Haverty Furniture Companies, Inc., Rand McNally and Brookstone, Inc.
About Logility
Logility is a leading provider of collaborative solutions to optimize the supply chain. Logility Voyager Solutions enable networks of trading partners including suppliers, manufacturers, distributors and retailers to collaborate, integrate and synchronize their planning, production and logistics operations. Logility customers have realized substantial bottom-line results in record time. Logility is proud to serve such customers as ConAgra, Huhtamaki UK, McCormick & Company, Mill’s Pride, Pernod-Ricard, Sigma Aldrich, Timex 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 may include statements that may constitute “forward-looking statements,” including estimates of future business prospects or financial results and statements containing the words “believe,” “expect,” or similar expressions. Any forward-looking statements herein are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. There are many factors that could cause actual results of Logility to differ materially from those anticipated by forward-looking statements made herein. These factors include continuing economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, competitive pressures, delays and other risks associated with new product development, undetected software errors, and risks associated with market acceptance of the Company’s products and services as well as a number of other risk factors that could affect the future performance of the Company. Please refer to a discussion of these factors and others in the Company's most recent Annual Report on Form 10-K, and in its Quarterly Reports on Form 10 Q and other reports and documents subsequently filed with the Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this release, including any forward-looking statements. 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: ask@logility.com. |
