Fortune Small Business Names Logility One of America’s Fastest-Growing Small Public Companies
ATLANTA (July 24, 2007) – ogility, Inc. (NASDAQ:LGTY) , a leading supplier of collaborative solutions to optimize the supply chain, announced today that Fortune Small Business has included Logility in its annual listing of the Fastest-Growing Small Public Companies in America, the FSB 100.
The seventh annual listing was compiled by Zacks Investment Research, who ranked public companies with revenues of less that $200 million and a stock price of more than $1, based on their percentage growth in earnings, revenue, and stock performance over the past three years. This is the first year that Logility, ranked at 70, was included in the list of 100 small public companies from across different industry segments.
“It is an honor to receive this recognition by Fortune Small Business and to be included in this prestigious list of the Fastest-Growing Small Public Companies,” said Mike Edenfield, president and CEO, Logility. “Logility has experienced phenomenal growth over the past three years by effectively executing a two-brand strategy with Logility Voyager Solutions(TM) and Demand Solutions(R). As a result we can help drive supply chain improvements for manufacturing and distribution companies ranging in size from small to Fortune 1000 which has contributed to record revenue and operating earnings while expanding our global customer base.”
Logility recently announced financial results for fiscal year 2007 which included $43.8 million in total revenue. For more information, visit: www.logility.com
Source: lOGILITY
