Manhattan Associates Recognised by Industry Analyst for 15 Consecutive Years of Profitable Growth

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INFORMATION: Free information is available from MANHATTAN ASSOCIATES on the subject in this story. Click here to request a copy

Manhattan Associates, Inc. (Nasdaq: MANH), the global leader in providing supply chain execution and optimisation solutions, was named in Cape Horn Strategies 2005 Sustained Success "Honor Roll for the third consecutive year. Cape Horns Honor Roll list annually recognises the worlds most successful publicly-traded software companies. According to the independent industry analyst firm, Manhattan Associates is only one of three such companies to achieve 15 consecutive years or more of revenue growth and profitability.

Brian Turchin, president of Cape Horn Strategies, commented, In the last year, Manhattan Associates made a series of changes: hired a new CEO, Peter Sinisgalli, announced a new Integrated Logistics Solution suite, reorganised its product management and its R&D organisations, to name a few. These changes represent just another example of what makes Manhattan Associates an outstanding company. Why do I say this? Because these actions exhibit a common trait among those on the Sustained Success Honor Roll.

Cape Horn Strategies tracks the financial performance of all software companies trading on the U.S. exchangesthe New York and American Stock Exchanges as well as the NASDAQbasing its decision for each years Honor Roll on financial results reported from the previous year. Honor Roll members are subsequently announced in Software Business magazines Executive Strategy column. Microsoft and Kronos are the only two firms listed on Cape Horns Honor Roll as having a longer sustained history of success than Manhattan Associates.

In chess, you win by first placing your pieces in the right board position from which you can launch a successful checkmate attack, said Turchin. Likewise in business, you win by first restructuring your company to be in the right position to attack new growth opportunities. The companies on the Sustained Success Honor Roll have an uncanny ability to do just that: restructure themselves to attack new growth opportunities which then produces year-after-year of revenue growth. In Manhattan Associates case, its recent changes now put it in better position to attack the $4 billion supply chain execution market.

"Manhattan Associates is honored to receive this distinction from Cape Horn Strategies," said Pete Sinisgalli, president and chief executive officer of Manhattan Associates. Those who started Manhattan Associates did so using sound principles that continue to be the foundation for all our endeavours more than a decade later. One of these founding principles is to be a people-centric businessbuilding relationships with our customers, our partners and our employees. By listening to our customers and hiring dedicated, experienced people, we can continue to develop our Integrated Logistics Solutions to help businesses meet their unique industry challenges.

INFORMATION: Free information is available from MANHATTAN ASSOCIATES on the subject in this story. Click here to request a copy

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