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ATLANTA, GA — Logility, Inc. , a leading supplier of collaborative solutions to optimize the supply chain, today announced that Verizon Wireless, the leader in delivering wireless communication innovations to the mass market, has selected Logility Voyager SolutionsTM to strengthen its supply chain by improving inventory, demand and sales and operations planning.
"We recognized the need to strengthen our supply chain planning processes to support our growth plans," said Mark Smith, executive director of finance operations, Verizon Wireless. "Logility Voyager Solutions will enable more effective inventory management and provide Verizon Wireless with a better view of customer demand. This will ensure that inventory is available for new customer growth and customer service levels are increased."
With Logility Voyager Solutions, Verizon Wireless will be able to synchronize forecasting, planning and inventory management to enable a more demand-driven supply network. Verizon Wireless will be able to better create and revise supply plans based on the real-time status of demand and inventory which will help to increase forecast accuracy, reduce inventory and drive higher customer service levels.
"Logility provides robust, best-of-breed capabilities for creating a demand-driven enterprise which is critical to maintaining a competitive advantage in today's global marketplace," said Mike Edenfield, president and CEO, Logility. "We look forward to supporting Verizon Wireless as they strive to meet new customer demand, improve customer service levels and grow their presence in the wireless industry."
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 60.7 million customers. The largest US wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 66,000 employees nationwide. The company is a joint venture of Verizon Communications and Vodafone . Find more information on the Web at www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
About Logility
With more than 1,240 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 performance monitoring capabilities in a single Internet-based framework and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and global sourcing optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. Logility customers include Brown Shoe Company, McCain Foods, Pernod Ricard, Sigma Aldrich, and VF Corporation. Logility is a majority owned subsidiary of American Software . 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, 2007 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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