MIAMI, Oct. 6, 2009 (GLOBE NEWSWIRE) -- NGC(R) (New Generation Computing(R)) today announced that it received a "Strong Positive" rating in Gartner's "MarketScope for PLM in Apparel, Footwear and Accessories."(1) NGC was one of 21 PLM (Product Lifecycle Management) vendors evaluated in the report and received the highest possible rating.
According to the MarketScope, "PLM and sourcing solutions are key requirements to manage increasing risk in new product launches, produce tighter forecasts of sales by line, address increased pressures to make the right decisions, and use offshore sourcing to keep costs low." The report focuses on four types of application providers: industry-specific AFA solution providers, multi-industry PLM software vendors, ERP vendors that have added PLM solutions, and sourcing and collaboration solution vendors. To be included in the MarketScope, each PLM and global sourcing vendor had to meet a stringent set of criteria.
"NGC is pleased to receive the highest possible rating from Gartner in the PLM MarketScope report," said Alan Brooks, president, NGC. "From my perspective, the 'Strong Positive' rating shows that NGC continues to demonstrate our technology leadership, innovation and unmatched expertise in the apparel industry. We're glad to receive such positive feedback -- and we're even more pleased that NGC has brought on a number of new customers this year and continues to thrive in a very difficult economy."
About the MarketScope
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.
About NGC
NGC (New Generation Computing) delivers fast, proven ROI. Every day, the industry's best brands and retailers increase gross margins, reduce the cost of goods sold, improve speed to market and product quality, and manage CPSIA compliance 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 -- "strong positive" -- in a leading analyst firm's 2009 and 2008 reports on PLM for apparel and footwear and has been recognized as a top 100 supply chain and logistics company by Inbound Logistics, Global Logistics & Supply Chain Strategies and Supply & Demand Chain Executive. 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, 2009 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.
TRADEMARKS: NGC, New Generation Computing, e-SPS, e-PLM and RedHorse are registered trademarks of New Generation Computing.
(1) Gartner "MarketScope for PLM in Accessories, Footwear and Apparel, 2009" by Peter Bambridge and Marc Halpern, Sept. 21, 2009.