American Software Board of Directors Approves Quarterly Cash Dividend

ATLANTA – (COMMERCIAL THREAD) – American Software, Inc. (NASDAQ: AMSWA) announced today that its board of directors has declared a quarterly dividend of $ 11.1 per share. The dividend is payable to Class A and Class B shareholders of the Company of record at the close of business on August 13, 2021, to be paid on or around August 27, 2021.

About American Software, Inc.

American Software, Inc., based in Atlanta (NASDAQ: AMSWA), through its operational entities, provides an innovative technical platform with AI-powered capabilities for supply chain management and advanced retail planning that accelerates chain optimization. digital procurement, from product concept to customer availability. Logility, Inc. helps large companies transform their supply chain operations for competitive advantage. Known for its customer service approach, rapid implementations and industry leading return on investment (ROI), Logility customers include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company. Demand Management, Inc. provides affordable and easy-to-use supply chain planning solutions designed to increase forecasting accuracy, improve customer service, and reduce inventory to maximize profits and reduce costs. Demand Management serves clients such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation. New Generation Computing, Inc. powers the digital supply chain to enable apparel brand owners and retailers to maximize revenue and profits by accelerating lead times, streamlining product development, and optimizing sourcing and delivery. distribution. NGC customers include Brooks Brothers, Carter’s, Destination XL, Foot Locker, Jockey International, Lacoste and Spanx. American Software’s comprehensive cloud-delivered supply chain and retail planning portfolio includes advanced analytics, supply chain visibility, demand, inventory and replenishment planning, sales and operations planning (S&OP), integrated business planning (IBP), procurement and inventory optimization, manufacturing planning and scheduling, planning and distribution of merchandise and retail assortments , product lifecycle management (PLM), supply management, supplier quality and compliance, and product traceability. For more information about American Software, please visit www.amsoftware.com, call (404) 364-7615, or email [email protected]

Forward-looking statements

This press release contains forward-looking statements which 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 expected by statements made in this document. These factors include, but are not limited to, continuing economic uncertainty in the United States and around the world as well as the timing and degree of business resumption; the irregularity of the Company’s income; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; software errors not detected; potential product liability or warranty claims; risks associated with the development of new products; the challenges and risks associated with integrating product lines, businesses and acquired services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to timely meet all filings required by the Securities and Exchange Commission (SEC) 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 which could affect the future performance of the Company. For further information on the risks the Company may face and other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. For more information, contact: Kevin Liu, American Software, Inc., (626) 657-0013 or email [email protected]

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