Logility’s Response to Recent Media Coverage

Rhea-AI Summary

Logility Supply Chain Solutions (NASDAQ: LGTY) has addressed recent market rumors and media reports.

The company reiterated its policy of not commenting on market rumors or speculation.

ATLANTA--(BUSINESS WIRE)-- Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY) has issued a statement in response to recent market rumors and media reports. In accordance with its standing policy, Logility has no comment to make concerning any market rumors or speculation.

About Logility

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The Company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the Company is headquartered in Atlanta, GA. Learn more at www.logility.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 or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (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; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241212605747/en/

Investor:

Kevin Liu

kliu@amsoftware.com

(626) 424-1535

Source: Logility Supply Chain Solutions, Inc.

FAQ

What is Logility's response to recent media coverage?

Logility has stated that it does not comment on market rumors or speculation.

Does Logility comment on market rumors?

No, Logility adheres to a policy of not commenting on market rumors or speculation.

What did Logility say about recent market rumors?

Logility stated it has no comment on market rumors or speculation.

What was Logility’s statement regarding media reports?

Logility reiterated its policy of not commenting on media reports or market speculation.