AMERICAN SOFTWARE INC
8-K, 1997-08-21
PREPACKAGED SOFTWARE
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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                         ----------------------------

                                   FORM 8-K

                                CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported):  August 12, 1997

                         ----------------------------

                            AMERICAN SOFTWARE, INC.
            (Exact name of registrant as specified in its charter)

            Georgia                    0-12456                    58-1098795
(State or other jurisdiction of     (Commission               (I.R.S. Employer
incorporation or organization)       File Number)            Identification No.)


                        470 East Paces Ferry Road, N.E.
                            Atlanta, Georgia 30305
         (Address of principal executive offices, including Zip Code)

                                 404/261-4381
             (Registrant's telephone number, including area code)

                                Not Applicable
        (Former name or former address, if changed since last report.)


                            Exhibit Index on Page 3
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Item 5.   Other Events.
          ------------

                See attached Exhibit 99.1 for a copy of a press release 
announcing the filing of a Registration Statement with respect to the common 
stock of a wholly-owned subsidiary of Registrant.

Item 7.   Financial Statements and Exhibits.
          ---------------------------------

                (c) Exhibit:
                    -------
          99.1  Press Release dated August 12, 1997.


                                  SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the 
undersigned hereunto duly authorized.


                                        AMERICAN SOFTWARE, NC.
                                        (Registrant)


  Date:  August 20, 1997                By:  /s/ David Weigand
        ------------------                 ----------------------------------


                                        Name and Title:  Controller
                                                       ----------------------





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                                 EXHIBIT INDEX

         Description                                                Page
         -----------                                                ----

99.1     Press Release dated August 12, 1997.                         4



                                      -3-

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                                                                    EXHIBIT 99.1

FOR IMMEDIATE RELEASE

  Contact:  James M. Modak
            Logility, Inc.
            (404) 264-5990

         AMERICAN SOFTWARE, INC. ANNOUNCES THE FILING FOR AN INITIAL 
                       PUBLIC OFFERING OF LOGILITY, INC.

          ATLANTA (August 12, 1997) -- American Software, Inc. today announced
the filing for an initial public offering of approximately 16% of the Common
Stock of Logility, Inc., its value chain management software subsidiary.
Logility will offer 2,200,000 shares to the public, and has granted to the
underwriters an option to purchase up to 330,000 additional shares for the
purpose of covering over-allotments, if any.  Montgomery Securities and Cowen &
Company are the underwriters.

          Logility expects to use the net proceeds from this offering to fund
the expansion of research and development and sales and marketing.  Logility
also plans to fund working capital and other general corporate purposes which
may include possible acquisitions of, or investments in, businesses or
technologies that are complementary to those of the Company.

          Logility develops, markets and supports applications that optimize
operations throughout the value chain.  The Company's product suite, Logility
Value Chain Solutions, delivers advanced collaborative planning and
synchronization between demand opportunities, supply constraints and logistics
operations and is comprised of two solution groups: Logility Planning Solutions
and Logility Execution Solutions.  Logility Planning Solutions is designed to
enable users to analyze information to more effectively manage demand and
respond to changing market conditions, while optimizing the use of production
and distribution assets.  Logility Execution Solutions is designed to enable
users to effectively and efficiently manage the flow of products through
distribution centers and warehouses and ensure that those products are delivered
to the right location using the optimal transportation alternatives available.

          A registration statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold, nor may offers to buy be accepted, prior to
the time the registration statement becomes effective.  This communication does
not constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the common stock in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities law of any such state of jurisdiction.


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