ATLANTA, July 23 /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, the FSB 100.
The seventh annual listing was compiled by Zacks Investment Research,
who ranked public companies with revenues of less that $200 million and a
stock price of more than $1, based on their percentage growth in earnings,
revenue, and stock performance over the past three years. This is the first
year that Logility, ranked at 70, was included in the list of 100 small
public companies from across different industry segments.
"It is an honor to receive this recognition by Fortune Small Business
and to be included in this prestigious list of the Fastest-Growing Small
Public Companies," said Mike Edenfield, president and CEO, Logility.
"Logility has experienced phenomenal growth over the past three years by
effectively executing a two-brand strategy with Logility Voyager
Solutions(TM) and Demand Solutions(R). As a result we can help drive supply
chain improvements for manufacturing and distribution companies ranging in
size from small to Fortune 1000 which has contributed to record revenue and
operating earnings while expanding our global customer base."
Logility recently announced financial results for fiscal year 2007
which included $43.8 million in total revenue. For more information, visit
http://www.logility.com.
About Logility
With more than 1,150 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, 2007
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
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CONTACT: Michelle Duke of Logility, Inc., +1-404-264-5485, mduke@logility.com
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