MIAMI, June 25, 2009 (GLOBE NEWSWIRE) -- NGC(r) (New Generation Computing(r)) today announced that Supply & Demand Chain Executive has named NGC a winner of the 2009 Supply & Demand Chain Executive 100 award, "Supply Chain Saves the Enterprise."
Supply & Demand Chain Executive evaluated nearly 250 companies before selecting this year's winners. The awards highlight supply chain solution and service providers that are helping their customers respond to the downturn and, more importantly, position themselves for growth ahead. The awards recognize NGC's leadership in helping supply chain executives position their companies to meet today's urgent business imperatives.
NGC's innovative work in helping retailers and manufacturers respond to the newly enacted CPSIA legislation was a key reason for the company's inclusion in the 2009 Supply & Demand Chain Executive 100 awards. NGC is the first apparel-specific software company to offer a solution that helps companies comply with the complex, costly regulations of the CPSIA (Consumer Product Safety Improvement Act). NGC(r) also won based on the strength of its end-to-end solutions for PLM (e-PLM(r)), Global Sourcing (e-SPS(r)) and ERP (RedHorse(r)) and its long track record of successful implementations for leading apparel, fashion, footwear and retail companies.
"NGC is honored to be recognized by Supply & Demand Chain Executive as one of the industry's leading supply chain software providers," said Alan Brooks, president, NGC. "NGC solutions are playing a critical role in helping our customers weather the current economic storm, and this latest award further validates NGC's market leadership in PLM and Global Sourcing solutions."
About New Generation Computing
NGC delivers fast, proven ROI. Every day, the industry's best brands and retailers increase gross margins, reduce the cost of goods sold, and improve speed to market and product quality with NGC software.
NGC's SQL Series is a comprehensive suite of integrated, end-to-end solutions for PLM (e-PLM(r)), Global Sourcing (e-SPS(r)) and ERP (RedHorse(r)). NGC received the highest possible ranking in a leading analyst firm's 2008 report on PLM for apparel and footwear and has been recognized as a top 100 supply chain and logistics company by both Inbound Logistics and Global Logistics & Supply Chain Strategies. It's no wonder that VF Corporation(r), A|X Armani Exchange(r), Carter's(r), Casual Male Retail Group(r), Maggy London, R.G. Barry, Hugo Boss(r), Dick's Sporting Goods, Isda & Co., Tristan & America(r), Parigi Group and many other leading companies rely on NGC.
NGC has offices in Miami, New York, Los Angeles, China, India, Mexico and El Salvador and is a wholly owned subsidiary of American Software Inc. (Nasdaq:AMSWA). For more information, visit www.ngcsoftware.com.
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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 Company's ability to satisfy in a timely manner all SEC required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; the challenges and risks associated with integration of acquired product lines and companies; 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, contact: Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.