SINGAPORE and ATLANTA, March 14, 2011 (GLOBE NEWSWIRE) -- Global supply chain optimization provider Manhattan Associates, Inc. (Nasdaq:MANH) has announced strong growth in software revenues for the Asia-Pacific (APAC) region for 2010. Total APAC revenue for 2010 was $16 million, representing a 32% increase over 2009. The result was revealed as part of the Company's fourth quarter 2010 financial results, announced February 1, 2011. This was achieved despite the continuing challenges presented by the global economy during the course of the year. In addition, GAAP operating income for the APAC region in 2010 totalled $2.4m, representing the region's highest full year GAAP operating income performance ever.
Manhattan Associates has operations in Australia, China, India, Japan, Singapore, and works closely with a number of leading partners from across the region active in more than 15 countries. 40 companies extended their business relationship with Manhattan Associates during 2010 to optimize their distribution capabilities. More than 130 Manhattan solution experts and supply chain specialists from local partner organizations are focused on serving clients in the APAC region, backed by close to 2,000 Manhattan employees located around the world.
Jeff Baum, Manhattan Associates' senior vice president, APAC, commented, "2010 was a strong year for Manhattan in the region and I would like to thank both new and existing clients for the faith they have shown in Manhattan and our partners. With supply chain complexity on the rise and markets changing rapidly, we look forward to continuing to work closely to help contain costs, optimize inventory, and pursue perfect order management and fulfilment across a growing number of channels."
To read the entire release with more details on Manhattan Associates' 2010 key milestones in APAC, please visit http://www.manh.com/news/manhattan-associates-announces-strong-growth-asia-pacific-region.
About Manhattan Associates, Inc.
Manhattan Associates continues to deliver on its 21-year heritage of providing global supply chain excellence to more than 1,200 customers worldwide that consider supply chain optimization core to their strategic market leadership. The company's supply chain innovations include: Manhattan SCOPE® a portfolio of software solutions and technology that leverages a Supply Chain Process Platform to help organizations optimize their supply chains from planning through execution; Manhattan SCALE™, a portfolio of distribution management and transportation management solutions built on Microsoft .NET technology; and Manhattan Carrier™, a suite of supply chain solutions specifically addressing the needs of the motor carrier industry. For more information, please visit www.manh.com.