MIAMI—April 5, 2017—NGC Software, a leading provider of PLM, Supply Chain Management and apparel ERP solutions, today announced the release and general availability of its next-generation Andromeda cloud platform for fashion retailers and brand owners. Andromeda powers the Connected Enterprise by bringing together all departments – Merchandising, Product Development, Sourcing, Compliance, Purchasing, Production, Quality, Logistics, Marketing and Sales – in a single cloud-based solution that connects vendors, suppliers and other providers.
Andromeda is an innovative cloud-based platform offering an intuitive user interface, advanced functionality, greater scalability and faster performance. Andromeda provides a single platform, with core PLM and supply chain functionality that can centralize and share information created in other legacy PLM, ERP, SCM, Planning and Point-of-Sale solutions.
Andromeda enables retailers and brand owners to achieve the levels of performance and responsiveness that are necessary to thrive in today’s highly competitive retail environment. With Andromeda, all global users share information and can quickly react to rapidly changing market trends. As a result, retailers and brand owners can optimize lead times, reduce expenses, improve quality and maximize company revenue and profit.
“The retail industry is changing at light speed,” said Mark Burstein, president of sales, marketing and R&D, NGC Software. “Concepts like demand-driven supply chain, lead time optimization and omnichannel distribution all mean one thing: give consumers what they want, when and where they want it. To do this, retailers and brand owners must react faster than ever to the latest data and trends. Andromeda is the solution to this great challenge.“
Andromeda enables the Connected Enterprise by keeping every user and every department synchronized and allowing companies to react instantly to the latest sales, forecast and production data. As a result, companies can take advantage of real-time sales information to adjust in-season plans. In the Connected Enterprise powered by Andromeda, sales data is immediately available throughout an organization, allowing every department to quickly respond and align.
NGC will showcase the Andromeda cloud platform at its Panorama User Conference, May 16-18 in Fort Lauderdale. More information about Andromeda is available here.
NGC Software powers the Connected Enterprise for retailers and brand owners with the Andromeda cloud platform, including solutions for product lifecycle management (PLM), supply chain management (SCM), apparel ERP, shop floor control, global quality control, and vendor on-boarding and compliance.
NGC customers include Billabong, Canada Goose, Carter’s, Destination XL, Foot Locker, Nicole Miller, Rocky Brands, Spanx, Sport Obermeyer, VF Corporation, Williamson-Dickie and many others. NGC has offices in Miami, New York, Los Angeles, Canada, China, India, Mexico, and El Salvador and is a wholly owned subsidiary of American Software Inc. (NASDAQ: AMSWA), named one of the 100 Most Trustworthy Companies in America by Forbes. 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, continuing U.S. and global economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, dependence on particular market segments or customers, competitive pressures, delays, product liability and warranty claims and other risks associated with new product development, undetected software errors, market acceptance of the Company’s products, technological complexity, the challenges and risks associated with integration of acquired product lines, companies and services, as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Inc.’s current Form 10-K and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information about risks the Company could face as well as other information, contact Vincent C. Klinges, Chief Financial Officer, American Software, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206 INTERNET: www.amsoftware.com
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