SourceGO Connects Buyers with Suppliers, Factories in China, Worldwide
MIAMI, Feb. 23 -- New Generation Computing Inc. (NGC), a wholly owned subsidiary of American Software Inc. (NASDAQ:AMSWA) , today announced that SourceGO, a sourcing firm for buyers in the fabric, apparel and home furnishings markets, has selected NGC`s e-SPS to power an on- line procurement service.
Sourcing experts with Source Global On-Demand (SourceGO), a U.S. company with offices in Shanghai, Washington, D.C., and Miami, Fla., provide comprehensive support to buyers who use the on-line procurement service, which is accessible at http://www.sourcego.com/ . The service, using NGC`s e-SPS global sourcing software, makes it easier for buyers to view Request for Proposal and Purchase Order status securely over the Web. e-SPS also helps enable SourceGO personnel, the producer and the buyer to share visibility and event-management activities throughout the procurement process. In addition to this new technology, SourceGO has an extensive group of qualified suppliers and sourcing experts in China and worldwide.
"SourceGO`s selection of e-SPS continues to expand the application of this popular tool in the global sourcing environment," said Alan Brooks, president of NGC.
NGC`s e-SPS currently provides some of the United States` largest sewn products manufacturers, brand managers, retailers and importers with end-to- end visibility of their global supply chains and enables them to complete steps in the production process over the Internet in real-time. The product consists of 10 software modules: e-RFQ`s & Bids, e-Pre Production, e-Production Tracking, e-Collaboration, e-Pack, e-Shipment Tracking, e-Exceptions, e-Quality, e-Executive Information Systems and Reporting, and Event Tracking and Management System.
"Now more than ever, companies that can quickly manage and monitor sourcing opportunities in China will gain significant competitive advantages," said Tom Eggleston, chairman and CEO of CNTextile LLC (dba SourceGO). "Leading apparel companies and major retailers have made NGC`s e-SPS the industry standard for sourcing. The product provides the ease-of-use and flexibility that meet the needs of even the largest buyers."
About SourceGO
SourceGO provides global, online buyer transaction and tracking services for textile and apparel sourcing supported by U.S.-managed fashion professionals based in Shanghai, Washington, D.C., and Miami, Fla. For more information, visit http://www.sourcego.com/ or contact Warren Hartenstine at whartenstine@sourcego.com or (410) 939-7135.
About New Generation Computing
New Generation Computing Inc. (NGC), a wholly owned subsidiary of American Software Inc., has 25 years of experience developing software for the apparel and sewn products industries. Manufacturers, brand managers, retailers and importers use NGC`s business applications to manage the design, sourcing and production of finished products. NGC`s business applications include the NGC SQL Series, the only integrated product development, global sourcing and ERP system that is available today to sewn-products enterprises. The NGC SQL Series consists of e-SPS, a global sourcing and production system; e-PDM, a product lifecycle management tool; and RedHorse, a comprehensive ERP system. NGC`s other products are EZ-Ship, a labeling, scan/pack and shipping system; e-RMM, a raw-material management system; TPM, a shop-floor control and manufacturing execution system; AMAS, a specialized apparel business control, accounting, import management and MRP system; and Full Package.
Headquartered in Miami, Fla., NGC has sales offices worldwide. Its customers include VF Corporation, Dick`s Sporting Goods Inc., Wilsons Leather, Jos. A. Bank Clothiers Inc., Kellwood Company, Hugo Boss, Gold Toe Brands Inc., Russell Corp., Little Me, Haggar Clothing Company, Maidenform Inc. and William Carter Co. For more information, call NGC at (305) 556-9122, send an e-mail to sales@ngcsoftware.com or visit http://www.ngcsoftware.com/ .
Forward-Looking Statements:
It should be noted that 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 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 American Software, Inc. Form 10-K for the year ended April 30, 2004 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.
CONTACT:
Bryna Jacobs
Thorp & Company
+1-305-446-2700
bjacobs@thorpco.com
David Schull
Thorp & Company
+1-305-446-2700
dschull@thorpco.com
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