AMERICAN SOFTWARE ANNOUNCES ACQUISITION OF TRANSPORTATION MANAGEMENT SOFTWARE FIRM
AMERICAN SOFTWARE ANNOUNCES ACQUISITION OF TRANSPORTATION MANAGEMENT
ATLANTA, June 15 /PRNewswire/ -- American Software (NASDAQ: AMSWA) announced today that a unit of the company has acquired the net assets of Distribution Sciences, Inc. (DSI).
DSI, located in Des Plaines, Ill., provides integrated transportation management application software and services addressing freight rating, shipment planning and consolidation, and freight bill audit and payment functions.
In making the announcement, James C. Edenfield, president and CEO of American Software said: "The acquisition of DSI further solidifies American Software's leadership status in logistics and distribution planning by addressing the transportation management aspects of the enterprise. These types of application solutions have been shown to substantially reduce a company's transportation costs which typically represents approximately 42 percent of total distribution costs."
Edenfield added: "When marketed in conjunction with American Software's Order management, Procurement, Distribution and Financial applications, we will be able to address all aspects of logistics planning, including both inbound and outbound freight management."
Headquartered in Atlanta, American Software develops, markets and supports business application software for a wide variety of industries including manufacturing, utilities, financial institutions, health care, telecommunications and distribution concerns. American Software has offices located throughout the United States and worldwide including London, Paris, Singapore, Toronto, Tokyo, Sydney, Melbourne and Bangkok. American Sofware is an IBM Business Partner and Authorized Application Specialist. The company's Class A Common Shares are listed on the NASDAQ stock market national market under the symbol AMSWA.
CONTACT: Jennifer Hicks of American Software, 404-264-5430
(AMSWA) CO: AMERICAN SOFTWARE; DISTRIBUTION SCIENCES, INC. IN: CPR SU: TNM ST: GA,IL -- AT002 -- X364 06/15/92