Logility Receives Highest Possible Rating in Leading Analyst Firm's MarketScope for Supply Chain Planning Process Automation 2009 Report
Atlanta (April 30, 2009) – Logility, Inc. (NASDAQ: LGTY), a leading supplier of collaborative solutions to optimize the supply chain, announced today that it has received the highest possible rating in Gartner’s MarketScope for Supply Chain Planning: Process Automation, 2009 Report.1 Logility was one of 18 vendors evaluated in the report.
For inclusion in the 2009 MarketScope, each vendor had to meet strict criteria which included revenue, global coverage, presence in multiple vertical industries and have a Supply Chain Planning functionality that covered at least four of the six key functional areas for SCP process automation: Demand Planning, Inventory Planning, Replenishment Planning, Available to Promise, Manufacturing Planning and Scheduling, and Collaborative Planning. Vendors were further evaluated on market understanding, product strategy, vertical/industry strategy, geographic strategy, product/service and other criteria.
“We are pleased to receive a ‘Strong Positive’ rating by Gartner in the 2009 Supply Chain Planning MarketScope as this further validates Logility’s commitment to providing our customers with industry-leading supply chain planning solutions that enable them to compete more effectively on a global scale,” said Mike Edenfield, CEO and president, Logility. “Both the Logility Voyager Solutions™ and Demand Solutions® suites provide innovative software solutions that deploy quickly and drive value for our large base of customers worldwide.”
MarketScope Disclaimer
The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
1) Gartner, Inc. "MarketScope for Supply Chain Planning: Process Automation, 2009" by Tim Payne, April 28, 2009
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; inventory and supply 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 Arch Chemicals, Avery Dennison Corporation, BP (British Petroleum), Hyundai Motor America, Leviton Manufacturing Company, McCain Foods, Pernod Ricard, Remington Products Company, 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, 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.
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