Logility Named one of the Top Small Businesses in the South Two Years in a Row
Annual Award Recognizes Leading Companies for Growth, Achievements and Community Service
ATLANTA--(BUSINESS WIRE)-- Logility Inc. (LGTY), a leading supplier of collaborative solutions to optimize the supply chain, today announced it was named one of the Top 300 Small Businesses in the South for the second consecutive year. Logility is one of just 30 companies in the Atlanta region to make the distinguished 2012 list.
- The award recognizes dynamic companies that have exhibited strong historical financial results such as one and five year revenue growth, have a positive impact in the local economy, and are making a difference in business and the greater community.
- Logility has achieved double-digit growth in both revenue and operating earnings for the past two years. In fiscal year 2012, the company leveraged a 47% increase in license fees to drive an impressive 57% increase in operating earnings.
- This past spring, Business Leader Magazine accepted nominations from companies across the Southern United States.
- Winners will be profiled in the Atlanta edition of Business to Business magazine.
Atlanta is a global leader in supply chain management and we are honored to receive the distinction as one of the regions leading companies for the second consecutive year, said Mike Edenfield, president and CEO, Logility. This award is a reflection of the people at Logility. The entire Logility team is committed to helping our customers succeed through the development, delivery and implementation of innovative supply chain software and superior customer service. We also take great pride in expanding the supply chain profession in our local community.
With more than 1,250 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 a performance monitoring architecture and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and inventory optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Fender Musical Instruments, Hewlett-Packard, Parker Hannifin, Sigma-Aldrich, Verizon Wireless, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. . For more information about Logility, call 1-800-762-5207 USA or visit http://www.logility.com.
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, continuing U.S. and global economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, dependence on particular market segments or customers, competitive pressures, delays, product liability and warranty claims and other risks associated with new product development, undetected software errors, market acceptance of Logilitys products, technological complexity, the challenges and risks associated with integration of acquired product lines, companies and services, as well as a number of other risk factors that could affect the Companys future performance. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Incs. current Form 10-K and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact: Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.
Logility is a registered trademark and Logility Voyager Solutions is a trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.
Justin Siefert, 404-264-5485
Source: Logility Inc.Copyright Business Wire 2012