Westpoint Stevens (NASDAQ:WSPT)
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WestPoint Stevens Selects New Generation Computing's e-SPS with
e-PDM to Streamline Sourcing, Production
MIAMI, Oct. 27 /PRNewswire-FirstCall/ -- New Generation Computing Inc. (NGC),
a wholly owned subsidiary of American Software Inc. (NASDAQ:AMSWA), today
announced that WestPoint Stevens Inc. (OTC:WSPT) (BULLETIN BOARD: WSPT) has
selected NGC's Web-based sourcing and production system, e-SPS, along with its
product data management module, e-PDM, to streamline global sourcing and
production.
WestPoint Stevens plans to install the software at its Clemson, SC, facility by
the end of the fourth quarter. With e-SPS and e-PDM, the company's sourcing
operation will be able to complete steps in the production of in- process and
finished goods as well as gain end-to-end visibility of the entire global
production process.
"The software will improve our ability to deliver sourced products to our
customers on time and on budget," said David Stone, CIO and senior vice
president of information technology with WestPoint Stevens. "We're impressed
with NGC's track record with major companies and retailers, and are confident
that NGC's products will produce significant returns in a very short period of
time."
NGC's e-SPS consists of 11 software modules: e-Product Development, 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. Current e- SPS users
include VF Corporation, Maidenform Inc., Wilsons Leather, Dick's Sporting Goods
Inc., Kellwood Company, Russell Corp., Gold Toe Brands Inc. and S. Schwab
Company.
About WestPoint Stevens
WestPoint Stevens Inc. is the nation's premier home fashions consumer products
marketing company with a wide range of bed linens, towels, blankets, comforters
and accessories that are marketed under well-known brand names such as Grand
Patrician, Patrician, Martex, Atelier Martex, Baby Martex, Utica, Stevens, Lady
Pepperell, Seduction, Vellux and Chatham, which are all registered trademarks
owned by WestPoint Stevens Inc. and its subsidiaries and under licensed brands
including Ralph Lauren Home, Disney Home and Glynda Turley. For more
information, visit http://www.westpointstevens.com/ .
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, 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 or
visit http://www.ngcsoftware.com/ .
Safe Harbor Statement:
Except for historical information contained herein, certain matters set forth
in this press release are "forward-looking statements" within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve certain risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking statements. Such
risks and uncertainties may be attributable to important factors that include
but are not limited to the following: Product margins may vary from those
projected; Raw material prices may vary from those assumed; Additional reserves
may be required for bad debts, returns, allowances, governmental compliance
costs, or litigation; There may be changes in the performance of financial
markets or fluctuations in foreign currency exchange rates; Unanticipated
natural disasters could have a material impact upon results of operations;
There may be changes in the general economic conditions that affect customer
practices or consumer spending; Competition for retail and wholesale customers,
pricing and transportation of products may vary from time to time due to
seasonal variations or otherwise; Customer preferences for our products can be
affected by competition, or general market demand for domestic or imported
goods or the quantity, quality, price or delivery time of such goods; There
could be an unanticipated loss of a material customer or a material license;
The availability and price of raw materials could be affected by weather,
disease, energy costs or other factors; The future results of operations may
be adversely affected by factors relating to the Chapter 11 proceedings. The
information contained in this release is as of October 25, 2004. WestPoint
Stevens assumes no obligation to update publicly any forward-looking
statements, contained in this document as a result of new information or future
events or developments.
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 or fax: (404) 237-8868.
DATASOURCE: New Generation Computing Inc.
CONTACT: Bryna Jacobs, , or David Schull,
, both of Thorp & Company for New Generation Computing
Inc., +1-305-446-2700; or Lorraine D. Miller, CFA, of WestPoint Stevens,
+1-404-378-0491, or
Web site: http://www.ngcsoftware.com/
http://www.amsoftware.com/
http://www.westpointstevens.com/
Company News On-Call: http://www.prnewswire.com/comp/048263.html