Miami — January. 30, 2006 — New Generation
Computing Inc. (NGC), a wholly-owned subsidiary of American
Software Inc. (NASDAQ: AMSWA), today announced that it has
joined the FRx Software Analytics Solution Provider program. NGC
has developed and marketed software for the apparel industry
since 1982. Brand managers, manufacturers, importers and
retailers use NGC’s business applications to meet all of their
global sourcing visibility, product lifecycle management (PLM),
enterprise resource planning (ERP) and shop-floor control needs.
FRx Software Corporation, a Microsoft company and a part of
Microsoft Business Solutions, offers a suite of financial
analytic solutions that give organizations the control they need
to effectively manage their business. As an Analytics Solution
Provider, NGC will extend the availability of Microsoft® FRx® to
their customers looking to gain tighter control over their
financials performance and gain more visibility into the
financial health of their organization. The FRx Software suite
of financial analytic solutions empowers small and midsize
businesses, large corporations and divisions of global
enterprises to become more productive throughout their financial
management processes. FRx Software solutions automate the many
time-consuming, tedious tasks associated with using spreadsheets
for budgeting, financial reporting and analysis. With the suite
of FRx Software solutions, accountants, controllers and
financial executives can spend the majority of their time on
important, value-added financial activities rather than
collecting, validating, creating and distributing reports. “By
partnering with FRx Software as a Analytics Solution Provider,
NGC will provide greater value to customers who want to take
advantage of our ERP solution for the apparel industry and who
are a looking for proven financial analytics and reporting
processes to improve the quality of budgets and plans,” said
Alan Brooks, president, New Generation Computing. Because the
FRx Software suite of financial analytic solutions is supported
by NGC, customers are able to quickly realize the benefits of
effective financial management. FRx Software solutions are
equipped with out-of-the-box accounting intelligence and are
easy to use because they were designed by financial
professionals, not IT specialists. Together, NGC and FRx
Software give users a consistent and streamlined approach to
financial reporting and budgeting. With workflow management
options and security features, organizations can be confident of
the integrity of their financial data and that the right people
are involved in the planning processes. With support from NGC
and the implementation of FRx Software solutions, individuals
have the specific information they need to support their
decisions, giving them the ability to quickly respond to new
challenges and opportunities in the market. Overall, with FRx
Software solutions businesses can gain a higher-level of
financial insight and have the ability to effectively manage
their business. “NGC is precisely the kind of top solution
provider we had in mind when we launched our Analytics Solution
Provider program,'' said Holly Simpson, vice president of
Partner Sales at FRx Software. “NGC’s advanced solution set,
coupled with its technology expertise make it a natural addition
to our program. We look forward to working with NGC to help
organizations replace time-intensive financial management
processes with automated, streamlined financial reporting and
budgeting that gives all users more personalized financial
information most relevant to them.”
About New Generation Computing
New Generation Computing Inc. (NGC), a wholly owned subsidiary
of American Software Inc., (AMSWA) has 25 years of experience
developing software for the apparel and sewn products
industries. Manufacturers, brand managers, retailers and
importers use NGC’s business applications to manage the design,
sourcing and production of finished products. NGC’s business
applications include the NGC SQL Series, the only integrated
product development, global sourcing and ERP system that is
available today to sewn-products enterprises. The NGC SQL Series
consists of e-SPS, a global sourcing and production system;
e-PDM, a product lifecycle management tool; and RedHorse, a
comprehensive ERP system. NGC’s other products are EZ-Ship, a
labeling, scan/pack and shipping system; e-RMM, a raw-material
management system; TPM, a shop-floor control and manufacturing
execution system; AMAS, a specialized apparel business control,
accounting, import management and MRP system; and Full Package.
Forward-Looking Statements
It should be noted that 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 American
Software, Inc. Form 10-K for the year ended April 30, 2005 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.