American Software’s Board Approves the Quarterly Cash Dividend

ATLANTA–(BUSINESS WIRE)–American Software, Inc. (NASDAQ: AMSWA) today announced that its Board
of Directors declared a quarterly dividend of $.11 per share. The
dividend is payable to the Class A and Class B Shareholders of the
Company of record at the close of business on May 10, 2019 to be paid on
or about May 24, 2019.

About American Software, Inc.
Atlanta-based American
Software, Inc. (NASDAQ: AMSWA), named one of the 100 Most Trustworthy
Companies in America by Forbes Magazine, delivers innovative
demand-driven supply chain management and advanced retail planning
platforms backed by more than 45 years of industry expertise. Logility®,
Inc.
, a wholly-owned subsidiary of American Software, is a leading
provider of collaborative supply chain optimization and advanced retail
planning solutions that help medium, large and Fortune 500 companies
transform their supply chain operations to gain a competitive advantage.
Recognized for its high-touch approach to customer service, rapid
implementations and industry-leading return on investment (ROI),
Logility customers include Big Lots, Husqvarna Group, Parker Hannifin,
Sonoco Products, Red Wing Shoe Company, Verizon Wireless and VF
Corporation. Demand Management, Inc., a wholly-owned subsidiary
of Logility, delivers affordable, easy-to-use Software-as-a-Service
(SaaS) supply chain planning solutions designed to increase forecast
accuracy, improve customer service and reduce inventory to maximize
profits and lower costs. Demand Management serves customers such as
Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador
Liquor Corporation. Halo Business Intelligence, a division of
Logility, is an advanced analytics software provider leveraging an
innovative blend of artificial intelligence and machine learning
technology to drive greater supply chain performance. Halo customers
include Aaron’s, Leatherman Tool Group and SweetWater Brewing. New
Generation Computing®, Inc.
, a wholly-owned subsidiary of American
Software, is a leading provider of cloud-based supply chain and product
lifecycle management solutions for brands, retailers and consumer
products companies. NGC customers include A|X Armani Exchange,
Billabong, Carter’s, Destination XL, Hugo Boss, Jos. A. Bank, Marchon
Eyewear, Spanx, and Swatfame. The comprehensive American Software 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),
supply and inventory optimization, manufacturing planning and
scheduling, retail merchandise and assortment planning and allocation,
product lifecycle management (PLM), and vendor quality and compliance.
For more information about American Software, please visit www.amsoftware.com,
call (800) 726-2946 or email: ask@amsoftware.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 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 Company’s ability to satisfy in a
timely manner all 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; the challenges and risks associated with
integration of acquired product lines and companies; 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
Company’s current Form 10-K 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) 264-5298.

American Software® is a registered trademark of American Software, Inc.
Logility® is a registered trademark of Logility; and New Generation
Computing® is a registered trademark of New Generation Computing, Inc.
Other products mentioned in this document are registered marks,
trademarks or service marks of their respective owners.

Contacts

Vincent C. Klinges
Chief Financial Officer
American Software,
Inc.
(404) 264-5477

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