MIAMI, Nov. 3, 2009 (GLOBE NEWSWIRE) -- NGC(R) (New Generation Computing(R)) today announced that it has joined the Association for Retail Technology Standards (ARTS) committee to develop retail PLM standards. ARTS is the division of the National Retail Federation (NRF) that is dedicated to creating open technology standards through collaboration between retailers and technology vendors.
As a member of the PLM committee, NGC will work alongside retailers and technology vendors to develop an XML scheme representation for the product development lifecycle. When completed, the ARTS PLM standards will help drive more efficient product development lifecycles, improve communications between retailers and their trading partners, and improve data management. The scope of work includes Product Quality and Testing; Product Construction; Merchandise Calendars and Hierarchy; Color and Material Management; and Labeling, Packaging and Handling.
"ARTS is delighted that NGC has joined the PLM committee," said Richard Mader, executive director of the NRF's Association for Retail Technology Standards. "It's important for ARTS to bring the industry's leading technology vendors and retailers into the standards process, and NGC's years of experience in apparel, retail and technology will enable them to be a valuable participant. ARTS looks forward to the contributions of NGC and our other committee members."
"PLM is a critical technology for helping retailers reduce costs, improve time to market, and increase profit margins. NGC is proud to be part of ARTS' important work in setting new PLM standards," said Alan Brooks, president, NGC. "We believe this will help drive further acceptance of PLM in retail - which in turn, can help retailers become more competitive."
About NGC
NGC (New Generation Computing) delivers fast, proven ROI. Every day, the industry's best apparel brands, retailers and consumer product companies increase gross margins, reduce the cost of goods sold, improve speed to market and product quality, and manage CPSIA compliance with NGC software.
NGC's SQL Series is a comprehensive suite of integrated, end-to-end solutions for PLM (e-PLM(R)), Global Sourcing (e-SPS(R)) and ERP (RedHorse(R)). NGC received the highest possible ranking - "strong positive" - in a leading analyst firm's 2009 and 2008 reports on PLM for apparel and footwear and has been recognized as a top 100 supply chain and logistics company by Inbound Logistics, Global Logistics & Supply Chain Strategies and Supply & Demand Chain Executive. It's no wonder that VF Corporation(R), A|X Armani Exchange(R), Carter's(R), Casual Male Retail Group(R), Maggy London, R.G. Barry, Hugo Boss(R), Dick's Sporting Goods, Isda & Co., Tristan & America(R), Parigi Group and many other leading companies rely on NGC.
NGC has offices in Miami, New York, Los Angeles, China, India, Mexico and El Salvador and is a wholly owned subsidiary of American Software Inc. (Nasdaq:AMSWA). For more information, visit www.ngcsoftware.com.
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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 Form 10-K for the year ended April 30, 2009 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) 237-8868.
TRADEMARKS: NGC, New Generation Computing, e-SPS, e-PLM and RedHorse are registered trademarks of New Generation Computing.