Logility Voyager Solutions 7.0 Unveiled at Connections 2003; Solution Powers the Collaborative Supply Chain to Deliver Immediate ValueATLANTA, GA, May 8, 2003 -- Today, at the Connections 2003 Symposium in Atlanta, Logility, a leading supplier of collaborative solutions to optimize the supply chain, unveiled Logility Voyager Solutions(TM) 7.0, giving attendees a preview of the company's web- based collaborative supply chain optimization solutions. Focused on streamlining and accelerating the collaborative supply chain between internal partners such as marketing, sales, finance, manufacturing, warehouse management and logistics as well as external trading partners such as customers, suppliers and carriers, the Logility Voyager Solutions 7.0 suite helps companies reduce supply chain costs, optimize inventory investments, increase sales and improve customer service through innovative demand management, optimized supply chain planning, streamlined warehouse and transportation management and real-time visibility of global orders, inventories and key performance indicators across the supply chain. "Logility Voyager Solutions 7.0 demonstrates our focus on innovations that help our customers achieve greater supply chain visibility," said Mike Edenfield, Logility's president and chief executive officer. "Voyager 7.0 gives Logility customers greater visibility and control over their internal operations and external trading partner relationships, enabling them to significantly improve their overall effectiveness by driving down supply chain costs while accelerating cycle times to get products to market faster." "Logility's continued emphasis on collaboration means information that was once unavailable to business decision-makers, can now be accessed, integrated and shared across multiple channels inside and outside the enterprise," continued Edenfield. "That requires a new way of doing business and a level of collaborative supply chain technology support that only Logility offers." Logility Powers the Collaborative Supply Chain to Deliver Immediate Value To optimize profitability, businesses must quickly respond to dynamic market conditions, including shifts in demand, supply and delivery. Logility Voyager Solutions increase the visibility of critical supply chain initiatives with proactive monitoring and alert-based notification of key supply chain events, enhancing your ability to make informed strategic, tactical and operational decisions required to increase profits and gain a competitive advantage. Key Features of Logility Voyager Solutions 7.0 include: * Performance-Driven View of the Supply Chain Gain global visibility into real-time operations and overall business strategy performance with a flexible Internet portal that visually incorporates Key Performance Indicators and summarizes the current status of supply chain operations, enabling you to detect and respond to demand, supply, distribution and customer service needs in real-time via alert-based notification of key supply chain events. * Industry-Leading Demand Chain Planning Significant usability enhancements provide comprehensive views of both single-enterprise and multiple-enterprise collaborative planning processes. Users can define flexible "personal views" across all Logility planning engines to focus on key functions, products, markets and comparative forecasting techniques that leverage multiple sources of demand. * Extended Supply Chain Planning Optimization Achieve comprehensive support for optimization of your supply, production and distribution network to synchronize demand with supply and optimize constrained supply chain resources. New Load Optimization capabilities streamline inbound, transfer and VMI strategies such as building shipments, minimizing transportation costs, specifying distribution mode constraints, and automatically releasing planned orders. Extend supply, production and distribution analysis to include multiple simulations of your supply chain network requirements for long-term planning and budgeting. * Global Sourcing Management Streamline and automate the entire strategic sourcing process from proposal management and product specification package delivery to bid analysis and supplier performance management, through production management, quality monitoring, packaging and carton labeling, supplier shipment tracking and advance shipping notification to reduce costs and accelerate time to market. * Global Orders and Global Inventory Visibility Global Orders and Global Inventory are web services that provide real- time access to order and inventory status information via the Internet. Global Orders provides visibility across the supply chain into order status for customers, suppliers, shippers and carriers, enabling advanced logistics strategies such as real-time merge-in-transit. Global Inventory provides real-time visibility of all inventoried items across the supply chain enabling optimized inventory investments and better customer service. * New Transportation Planning Optimizer Evaluate costs and equipment availability while considering multiple shipment strategies and transport modes for inbound and outbound planning which provides additional flexibility to cost effectively match resources against customer needs and respond to dynamic market conditions. * Additional Industry Best Practices Increase Warehouse Productivity New pre-packaged workflows provide templates of additional industry best practices to increase warehouse productivity, improve customer service, enhance order visibility, and accelerate deployment. For example, the recursive container workflow provides additional order visibility to track orders beyond the four walls of the warehouse down to a case on a pallet that has been loaded on a specific truck. * Support for Microsoft .NET Platform By leveraging the .NET platform, Logility Voyager Solutions use web services to provide a common view across distributed systems, giving customers the ability to more easily assess the status of their global supply chain operations. Microsoft .NET integrates disparate legacy systems with current Internet technologies, allowing applications, services and devices to collaborate internally and externally. Logility Voyager Solutions 7.0 will be commercially available in summer 2003. About Connections The Connections event, hosted by Logility, is an award-winning conference and webcast series which gathers industry leading customers, partners and analysts to explore the future of collaborative supply chain solutions. About Logility Logility is a leading provider of collaborative solutions to optimize the supply chain. Logility Voyager Solutions enable networks of trading partners including suppliers, manufacturers, distributors and retailers to collaborate, integrate and synchronize their planning, production and logistics operations. Logility customers have realized substantial bottom- line results in record time. Logility is proud to serve such customers as ConAgra, Huhtamaki UK, McCormick & Company, Mill's Pride, Pernod-Ricard, Sigma Aldrich, Timex 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 may include statements that may constitute "forward- looking statements," including estimates of future business prospects or financial results and statements containing the words "believe," "expect," or similar expressions. Any forward-looking statements herein are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. There are many factors that could cause actual results of Logility to differ materially from those anticipated by forward-looking statements made herein. These factors include continuing economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, competitive pressures, delays and other risks associated with new product development, undetected software errors, and risks associated with market acceptance of the Company's products and services as well as a number of other risk factors that could affect the future performance of the Company. Please refer to a discussion of these factors and others in the Company's most recent Annual Report on Form 10-K, and in its Quarterly Reports on Form 10 Q and other reports and documents subsequently filed with the Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this release, including any forward-looking statements. 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: ask@logility.com. SOURCE Logility Web Site: http://www.logility.com |