Celebrating 30 Years on NASDAQOctober 3, 2013
NGC recently celebrated a major milestone, as our parent company, American Software, was honored on the 30th anniversary of its listing on the NASDAQ exchange. NGC is proud and excited to receive this recognition from NASDAQ.
For those of you who aren't familiar with American Software, we'll share a few highlights. In addition to NGC, some of American Software's other portfolio companies include Logility, a leading provider of collaborative supply chain planning solutions, and Demand Management, Inc., which develops, distributes and supports supply chain planning systems. The 2013 fiscal year 2013 marked American Software's 12th consecutive year of profitability; American Software completed the year with more than $66.4 million in cash and investments, while carrying no debt and distributing approximately $15.5 million in shareholder dividends.
Being part of such a strong company gives NGC some substantial advantages. Our customers have the assurance of doing business with a stable, financially solid company that's been an important player in software technology for 30 years.
At NGC, we're looking forward to the next 30 years—and we'd like to thank our loyal customers for making it all possible.