Market Overview

American Software's Board Approves the Quarterly Cash Dividend

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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 Common Shareholders of
record at the close of business on November 19, 2018. The dividend will
be paid on or about December 5, 2018.

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, Fender Musical Instruments,
Husqvarna Group, Parker Hannifin, 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 Solutions 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 and advisory services provider that delivers 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® (NGC®)
, a wholly-owned subsidiary of American
Software, is a leading provider of cloud-based supply chain and product
lifecycle management solutions and services 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, Swatfame and many others. 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.

Logility is a registered trademark and Logility Voyager Solutions is
a trademark of Logility; Demand Solutions is a registered trademark of
Demand Management; and Andromeda is a trademark of NGC and New
Generation Computing are registered trademarks of New Generation
Computing, Inc. Other products mentioned in this document are
registered, trademarked or service marked by their respective owners.

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