Logility Included in Software Magazine's Annual Ranking of the World's Largest Software Suppliers
Logility's consistent growth rate leads to year-after-year inclusion and improved ranking in the Software 500
ATLANTA, Oct. 29 /PRNewswire-FirstCall/ -- Logility, Inc. (Nasdaq: LGTY),
a leading supplier of collaborative solutions to optimize the supply chain,
announced today that it has been included in Software Magazine's 26th annual
Software 500 ranking of the world's largest software service providers.
The Software 500 is a revenue-based ranking of the world's largest
software and services suppliers targeting medium to large enterprises, their
IT professionals, software developers and business managers involved in
software and services purchasing. Logility has been consistently ranked in the
list for more than five years as a result of continued growth in the supply
chain management software market. Over the past four years, Logility has
steadily climbed up 65 spots in the listing to its current 2008 ranking of
273.
"The 2008 Software 500 results show that revenue growth in the software
and services industry was healthy, with total Software 500 revenue of $451.8
billion worldwide for 2007 representing 14.7% growth from the previous year,"
says John P. Desmond, editor of Software Magazine and Softwaremag.com.
"Logility has maintained steady growth the past couple of years which has
resulted in the company's inclusion in the Software 500 again in 2008." The
revenue rankings for the Software 500 include revenues from software licenses,
maintenance, and support, training and software-related services and
consulting.
"Logility has maintained consistent revenue growth in the supply chain
management software market and we are proud to be ranked in the Software 500
each year," said Mike Edenfield, president and CEO, Logility. "Our Logility
Voyager Solutions(TM) and Demand Solutions(R) brands help our customers build
supply chain excellence through improved forecast accuracy, more demand
visibility, and stronger collaboration which is especially critical to meet
customer expectations and grow profits in today's tumultuous economy.
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.
