-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GAenqCSBp1mKqiX84WXXWo4NzJSzRe3qcld4VxK9C/TLlxNWl89eyFyZ1rZ2bnsj qvJjQ9eCIwBr4ZAocw1UnA== 0000931763-98-003119.txt : 19981207 0000931763-98-003119.hdr.sgml : 19981207 ACCESSION NUMBER: 0000931763-98-003119 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981119 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOGILITY INC CENTRAL INDEX KEY: 0001043915 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 582281338 STATE OF INCORPORATION: GA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23057 FILM NUMBER: 98764006 BUSINESS ADDRESS: STREET 1: 470 EAST PACES FERRY ROAD NE CITY: ATLANTA STATE: GA ZIP: 30305 BUSINESS PHONE: 4042619777 MAIL ADDRESS: STREET 1: 470 EAST PACES FERRY ROAD NE CITY: ATLANTA STATE: GA ZIP: 30305 8-K 1 FORM 8-K - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 19, 1998 ------------------------- LOGILITY, INC. (Exact name of registrant as specified in its charter) Georgia 0-23057 58-2281338 (State or other jurisdiction of (Commission (I.R.S.Employer incorporation or organization) File Number) Identification No.) 470 East Paces Ferry Road, N.E. Atlanta, Georgia 30305 (Address of principal executive offices, including Zip Code) 404/261-9777 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) Item 5. Other Events. ------------ On November 19, 1998, the Company issued a press release regarding Board approval of repurchases of up to 800,000 shares of common stock. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference thereto. Item 7. Financial Statements and Exhibits. --------------------------------- (c) The following Exhibit is attached to this Report and incorporated herein by reference: Exhibit 99.1 Press Release of Logility, Inc. dated November 19, 1998. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LOGILITY , INC. (Registrant) Date: December 4, 1998 By: /s/ James M. Modak --- ------------------------------------ Name and Title: James M. Modak, Chief Financial Officer ----------------------- 2 EXHIBIT INDEX ------------- EXHIBIT PAGE NUMBER ------- ----------- 99.1 Press Release of Logility, Inc. 4 issued on November 19, 1998 3 EX-99.1 2 PRESS RELEASE EXHIBIT 99.1 FOR IMMEDIATE RELEASE Contact: James M. Modak Chief Financial Officer Logility 404-264-5990 LOGILITY ANNOUNCES STOCK REPURCHASE PLAN ATLANTA (November 19, 1998) - Logility, Inc.'s (NASDAQ:LGTY) board of directors approved a resolution authorizing the Company to repurchase up to 800,000 shares of the Company's common stock. This repurchase will be through open market purchases at prevailing market prices. The timing of any repurchases will depend on market conditions, the market price of Logility's common stock and management's assessment of the Company's liquidity and cash flow needs. This repurchase plan is in addition to a previous plan to repurchase 350,000 shares which was completed in July. "This additional repurchase plan reflects management's continued confidence in the future of Logility and its Value Chain Management products as well as our belief that Logility is undervalued and selling at discounted prices," said J. Michael Edenfield, President and Chief Executive Officer. ABOUT LOGILITY Headquartered in Atlanta, Logility Inc. develops, markets, installs and supports state-of-the-art software applications that optimize operations throughout the value chain. Backed by a global sales and support organization and key industry alliances, Logility Value Chain Solutions deliver advanced collaborative planning and synchronization between demand opportunities, supply constraints and logistics operations. Logility is proud to serve such customers as Eastman Chemical Company, Heineken USA, Newell, Pharmacia & Upjohn, Reynolds Metals, Sony Electronics, Timex and VF Corp. Logility is a certified Microsoft Solutions Provider and a member of the Microsoft Value Chain Initiative. 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 other changes in the market for the Company's products and services, the timely availability and market acceptance of these products and services, the effect of competitive products and pricing, and the irregular pattern of revenues, as well as a number of other risk factors which could effect the future performance of the Company. For more information, contact: Logility, Inc.; 470 E. Paces Ferry Rd., Atlanta, GA 30305. (800) 762-5207. FAX: (404) 238-8450. Home page: http://www.logility.com. -----END PRIVACY-ENHANCED MESSAGE-----