American Software’s Board Approves the Quarterly Cash Dividend
August 23 2018 - 12:23PM
Business Wire
American Software, Inc. (NASDAQ: AMSWA) today announced that its
Board of Directors declared a quarterly dividend of $.11 per share,
The dividend is payable to the Class A and Class B Common
Shareholders of record at the close of business on November 19,
2018. The dividend will be paid on or about December 5, 2018.
About American Software, Inc.
Atlanta-based American Software, Inc. (NASDAQ: AMSWA), named one
of the 100 Most Trustworthy Companies in America by Forbes
Magazine, delivers innovative demand-driven supply chain management
and advanced retail planning platforms backed by more than 45 years
of industry expertise. Logility, Inc., a wholly-owned
subsidiary of American Software, is a leading provider of
collaborative supply chain optimization and advanced retail
planning solutions that help medium, large and Fortune 500
companies transform their supply chain operations to gain a
competitive advantage. Recognized for its high-touch approach to
customer service, rapid implementations and industry-leading return
on investment (ROI), Logility customers include Big Lots, Fender
Musical Instruments, Husqvarna Group, Parker Hannifin, Verizon
Wireless, and VF Corporation. Demand Management, Inc., a
wholly-owned subsidiary of Logility, delivers affordable,
easy-to-use Software-as-a-Service (SaaS) supply chain planning
solutions designed to increase forecast accuracy, improve customer
service and reduce inventory to maximize profits and lower costs.
Demand Solutions serves customers such as Siemens Healthcare,
AutomationDirect.com and Newfoundland Labrador Liquor Corporation.
Halo Business Intelligence, a division of Logility, is an
advanced analytics software and advisory services provider that
delivers an innovative blend of artificial intelligence and machine
learning technology to drive greater supply chain performance. Halo
customers include Aaron’s, Leatherman Tool Group and SweetWater
Brewing. New Generation Computing® (NGC®), a wholly-owned
subsidiary of American Software, is a leading provider of
cloud-based supply chain and product lifecycle management solutions
and services for brands, retailers and consumer products companies.
NGC customers include A|X Armani Exchange, Billabong, Carter’s,
Destination XL, Hugo Boss, Jos. A. Bank, Marchon Eyewear, Spanx,
Swatfame and many others. The comprehensive American Software
supply chain and retail planning portfolio includes advanced
analytics, supply chain visibility, demand, inventory and
replenishment planning, Sales and Operations Planning (S&OP),
Integrated Business Planning (IBP), supply and inventory
optimization, manufacturing planning and scheduling, retail
merchandise and assortment planning and allocation, product
lifecycle management (PLM); and vendor quality and compliance. For
more information about American Software, please visit
www.amsoftware.com, call (800) 726-2946 or email:
ask@amsoftware.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 current Form 10-K
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) 264-5298.
Logility is a registered trademark and Logility Voyager
Solutions is a trademark of Logility; Demand Solutions is a
registered trademark of Demand Management; and Andromeda is a
trademark of NGC and New Generation Computing are registered
trademarks of New Generation Computing, Inc. Other products
mentioned in this document are registered, trademarked or service
marked by their respective owners.
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version on businesswire.com: https://www.businesswire.com/news/home/20180823005594/en/
American Software, Inc.Vincent C. Klinges, 404-264-5477Chief
Financial Officer
American Software (NASDAQ:AMSWA)
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