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RETAILERS & CONSUMER PRODUCTS SOLUTIONS |
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Press Release
NGC® Leads the
Way in Helping Retailers and Brands Collect and Manage
Information for New 10+2 and CPSIA Requirements
NGC’s
PLM and Global Sourcing Solutions help ease the burden of 10+2
and CPSIA
MIAMI – January 28, 2009 – It’s a perfect storm
of new regulatory requirements for the retail and apparel
industry: the 10+2 Importer Security Filing (ISF) requirements
took effect this week, followed by the new Consumer Product
Safety Improvement Act (CPSIA) regulations on Feb. 10, 2009.
Apparel and footwear brands and retailers, who have already
slashed jobs in response to the weak economy, must now meet
these burdensome, labor-intensive regulations with far fewer
people.
For an industry that is struggling to respond,
however, NGC® (New Generation
Computing®) has an answer:
enterprise-wide, web-based strategic solutions that can help
companies collect, maintain and share the information that is
needed for 10+2 and CPSIA.
The 10+2 requirements,
formally known as the Importer Security Filing and Additional
Carrier Requirements, mandates that companies transmit an
Importer Security Filing that contains 10 data elements with
extensive information, 24 hours before goods are loaded on a
U.S. bound vessel. The CPSIA regulations establish new product
safety and testing guidelines for children’s products, along
with footwear and apparel. Manufacturers must have certified
test results to prove that their goods comply with CPSIA – or
the products must be pulled from retailer shelves and destroyed
– “a nightmare scenario,” according to the American Apparel &
Footwear Association.
NGC’s e-PLM for Product Lifecycle
Management and e-SPS for Global Sourcing and Visibility are an
ideal tool for retail, apparel, footwear and fashion companies
that must now collect and maintain data to support these
stringent requirements. NGC’s web-based, enterprise systems
connect global trading partners throughout the global supply
chain, allowing companies to:
- Collect, maintain and
manage information needed for 10+2 ISF filings
- Share the 10+2
information with those transmitting the ISF
- Issue alerts throughout
the supply chain regarding 10+2 records and CPSIA
test results
- Notify import managers
with the 10+2 details of each shipment
- Share information
throughout the supply chain on CPSIA testing
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e-PLM and e-SPS cover every step of the complex
design/production process – from design concept through sourcing
and product quality, to receipt at the DC – with a web-based
solution that centralizes information, enhances collaboration,
and streamlines workflows. The information for both 10+2 and
CPSIA certification is collected in e-PLM and e-SPS, helping
companies to more easily meet the new regulations without adding
lengthy delays to the product lifecycle or hiring additional
staff.
“NGC is proud to take a leadership role in helping
our customers manage the complex information that is required
for 10+2 and CPSIA regulations,” said Mark Burstein, vice
president, NGC. “Our software solutions can help ease the burden
of meeting these regulations while also helping companies
improve gross margins, lower their costs and streamline
operations – the keys to not only surviving but gaining market
share in today’s turbulent economy.”
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®),
Global Sourcing (e-SPS®) and ERP
(RedHorse®). NGC received the
highest possible ranking in a leading analyst firm’s 2008 report
on PLM for apparel and footwear and was recognized as a top 100
supply chain and logistics company in 2008 by both Inbound
Logistics and Global Logistics & Supply Chain Strategies. It’s
no wonder that VF Corporation®, A|X
Armani Exchange®, Carter’s®,
Casual Male Retail Group®, Maggy
London, R.G. Barry, Hugo Boss®,
Dick’s Sporting Goods, Isda & Co., Tristan & America®,
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.
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.
Media Contacts:
TRADEMARKS: NGC, New Generation Computing, e-SPS,
e-PLM and RedHorse are registered trademarks of New Generation
Computing, Inc. All other trademarks or registered trademarks
are properties of their respective companies.
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