ATLANTA, July 16 /PRNewswire-FirstCall/ -- Logility, Inc. (Nasdaq:
LGTY), a leading supplier of collaborative solutions to optimize the supply
chain, announced today that Fortune Small Business has included Logility in
its annual listing of the Fastest-Growing Small Public Companies in America
for the second consecutive year. The FSB 100 ranked Logility in the Top 25
of the list of 100 companies for 2008.
The eighth annual listing includes the fastest-growing small public
companies with annual revenues of less than $200 million and a stock price
greater than one dollar. Companies are ranked based on growth in earnings
per share, revenues and stock performance over the past three years.
According to Fortune Small Business, more than half of the companies that
were listed in 2007 did not make the 2008 list. Logility was ranked for the
first time in 2007 at 70 and this year increased its ranking to 24.
"It is an honor to once again be recognized by Fortune Small Business
in this prestigious list of companies and we are pleased to have
significantly increased our position in the rankings from 2007 to 2008,"
said Mike Edenfield, president and CEO, Logility. "Logility continues to
maintain strong financial performance by providing our customers with
solutions that help increase visibility and optimize their supply chains to
lower costs, which is critical in today's global economic climate."
Logility recently announced financial results for fiscal year 2008
which included $44.9 million in total revenue. For more information, visit
http://www.logility.com .
About Logility
With more than 1,250 customers worldwide, Logility is a leading
provider of collaborative supply chain planning solutions that help small,
medium, large and Fortune 1000 companies realize substantial bottom-line
results in record time. Logility Voyager Solutions feature performance
monitoring capabilities in a single Internet-based framework and provide
supply chain visibility; demand, inventory and replenishment planning;
sales and operations planning; supply and global sourcing optimization;
transportation planning and execution; and warehouse management. Demand
Solutions provide forecasting, demand planning and point-of-sale analysis
for maximizing profits in manufacturing, distribution and retail
operations. Logility customers include Avery Dennison Corporation, BP
(British Petroleum), Hyundai Motor America, Leviton Manufacturing Company,
McCain Foods, Pernod Ricard, Remington Products Company, Sigma Aldrich,
Under Armour Performance Apparel 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, 2008
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, Logility, Inc.,
+1-404-264-5485, mduke@logility.com
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