Logility Named a Top 10 Fastest Growing Company by Atlanta Business Magazine
ATLANTA, Nov. 3 /PRNewswire-FirstCall/ -- Logility, Inc. (Nasdaq: LGTY), a
leading supplier of collaborative solutions to optimize the supply chain,
announced today that it has been recognized as one of the "Top 10 Fastest
Growing Companies in Atlanta" by Atlanta Business Magazine.
Atlanta Business Magazine announced its list of Top 10 Fastest Growing
Companies at a recent awards dinner that was held at the Atlanta History
Center. Mike Edenfield, president and CEO of Logility, accepted the award on
Logility's behalf. To be considered for the award nominees had to meet
specific criteria that included being headquartered in Atlanta, having a
minimum of $5 million in revenue and positive revenue growth for the past
three years. The nominations were independently evaluated by the CPA firm of
Gifford, Hillegass and Ingwersen. Logility has experienced steady revenue
growth during the three years evaluated for the award and in Fiscal Year 2008
reported total revenue of $44.9 million.
"It is an honor to be recognized as one of Atlanta's Fastest Growing
Companies," said Mike Edenfield, president and CEO, Logility. "To achieve this
recognition is a reflection of the value that Logility brings to our more than
1,250 customers who as a result of our two brands, Logility Voyager
Solutions(TM) and Demand Solutions(R), have optimized their supply chains to
reduce costs and build a foundation for profitable growth."
Logility was also recognized in 2008 as one of America's Fastest-Growing
Small Public Companies by Fortune Small Business magazine for the second
consecutive year. For more information about Logility, visit
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.