ATLANTA, June 11 /PRNewswire-FirstCall/ -- 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 2007.
The winners, chosen by Start-IT editors from a pool of innovative
technology providers serving the manufacturing industry, have shown strong
financial results, important client wins, and significant events and
accomplishments during the past year that help set the winning companies
apart from their competition.
In selecting Logility as one of the Hottest Companies, the editors of
Start-IT cited the company's banner year in Fiscal 2006, which included a
record 88 new customers and record revenues of $37.3 million, an impressive
50% increase compared to the prior year. This year marks the second
consecutive year that Logility has been recognized as a Start-IT Hottest
Company.
"Logility is honored to once again earn a place among such a
prestigious group of software providers serving the manufacturing
industry," said Mike Edenfield, president and CEO, Logility. "Industry
recognition such as this reflects our ongoing commitment to our customers
and Logility's ability to deliver a substantial return on investment
through improved demand visibility, reduced costs and increased customer
service levels."
About Logility
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 Brown Shoe Company, 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.
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, 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.
All trademarks are properties of their respective owners.
SOURCE Logility, Inc.
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Related links:
http://www.logility.com
http://www.prnewswire.com/comp/120967.html /
CONTACT:
Michelle Duke of Logility, Inc.,
+1-404-264-5485, mduke@logility.com
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