MIAMI, July 19, 2006– New Generation Computing Inc. (NGC), a
wholly owned subsidiary of American Software Inc. (NASDAQ:
AMSWA), today announced that gy London International Ltd. has
selected NGC’s RedHorse, a comprehensive ERP solution; e-SPS, a
web-based integrated Global Sourcing solution and e-PDM, a
Product Lifecycle Management solution for their worldwide
operations across all Maggy London divisions. NGC’s products are
designed specifically for the sewn products industry (Apparel,
Footwear, Retailers, Brand Management and Home Furnishings) and
are used by manufacturers, brand managers, retailers and
importers to manage the design, sourcing and production of raw
material and finished products. Maggy London will install
RedHorse, e-SPS and e-PDM at their New York headquarters and
overseas offices to help streamline core business processes
including global sourcing, supply chain and calendar management,
technical and quality assurances, inbound logistics and
inventory control. Product installation will begin with the
Maggy London brand and then eventually be installed across all
eight Maggy London divisions and affiliates. “We selected NGC’s
solutions based on their focus on the apparel industry and
experience in understanding our business needs and operational
processes,” said Jerry Sholtz, Corporate Senior Vice president,
Finance and Administration, Maggy London International Ltd. “NGC
is staffed with professionals and technologists that come from
the apparel business and are ready to hit the ground running.”
“Maggy London faces unique IT and process challenges as each of
our divisions currently maintain their own system for executing
its functions from design through completion of production into
our DC. This creates redundancy in data entry as well as
operational inefficiencies in a company such as ours with
multiple styles, fabrics and sourcing options,” said Lee Polsky,
Corporate Executive Vice president, Global Sourcing and Supply
Chain Management, Maggy London International Ltd. “We expect
NGC’s solutions to replace our various formats of spreadsheets
and minimize the onslaught of daily e mails. We are confident
that NGC’s various solutions will provide us, our offices, and
factories with complete global visibility and transparency
throughout our entire supply chain.” “NGC’s RedHorse, e-SPS and
e-PDM solutions, all specifically designed for companies
involved with the manufacturing of apparel, will provide Maggy
London with real time global visibility throughout their supply
chain, increase operational efficiencies and transparency by
creating a standardized platform across the company,” said Alan
Brooks, President, New Generation Computing. RedHorse is a
highly robust ERP solution with enhanced features and
functionality throughout its various modules consisting of:
Customer Order Processing, EDI Information System, Invoicing and
Accounts Receivable, Finished Goods Inventory Control,
Components Inventory, Purchasing and Receiving, Accounts
Payable, General Ledger, Import Management, Remote Plant
Management, Locator System and Screen Printing and Embroidery.
NGC’s e-SPS is a comprehensive web-based Global Sourcing
solution that consists of multiple software modules: e-PDM,
e-RFQ’s & Bids, e-Pre-Production, e-Production Tracking,
e-Collaboration, e-Pack, e-Shipment Tracking, e-Exceptions,
e-Quality, e-Reporting and Event Tracking Management System.
NGC’s e-PDM is a Product Lifecycle Management solution that
increases speed to market and facilitates collaborative global
communication by enabling companies to organize and share common
business processes and information around the world.
About Maggy London
Maggy London International Ltd. was established in 1979 and is
the leading better dress, suit and separates brand in America.
The company operates under the labels Maggy London, London
Times, Donna Morgan, Suzi Chin, Muse, Anthracite, Shani and
Lizzatti. Each division also provides design and production to
many fine retailers under their private label brands. The
branded collections are carried in the finest specialty stores
in the country and major department stores such as Nordstroms,
Federated, DIllards and Belk.
About New Generation Computing
New Generation Computing (NGC) is a leader in enterprise
resource planning (ERP) software, product lifecycle management
and global sourcing solutions for the apparel and sewn products
industries. Every day NGC solutions help hundreds of leading
companies gain real-time visibility, improve speed to market and
enhance quality control throughout their supply chain. Customers
include VF Corporation, Russell Corp., Carter's, Dick’s Sporting
Goods Inc., Gold Toe Brands Inc, Haggar Clothing Company, Hugo
Boss, Jos. A. Bank Clothiers Inc., Maggy London, Armani
Exchange, Maidenform Inc., Wilsons Leather, Rocky Brands and
Valley Apparel.
Headquartered in Miami, NGC has offices in
New York and Los Angeles, as well as China, India, Mexico and El
Salvador. NGC is a wholly owned subsidiary of American Software
Inc. 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,
2006 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.