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Agilysys (AGYS) Adds James H. Dennedy to Board of Directors

June 22, 2009 3:06 PM EDT
AGYS Hot Sheet
EPS Growth %: -425.0%
Agilysys, Inc. (Nasdaq: AGYS) announced that James H. Dennedy has been appointed to its nine-member Board of Directors. Dennedy, 44, succeeds Steve Tepedino, 47, who resigned on May 21, 2009, due to a conflict of interest.

Dennedy, principal and chief investment officer at Arcadia Capital Advisors, LLC, was recommended by Ramius LLC, and subsequently approved by the Agilysys Board, to fill the vacancy created by Tepedino's resignation. He will serve on the Agilysys Board of Directors as a Class C Director and will also serve on the Board's Audit Committee. Dennedy's term will expire at the Company's 2009 Annual Meeting of Shareholders scheduled for July 31, 2009, at which time he will stand for re-election to the Board.

Agilysys is a provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select markets, including retail and hospitality.[SM]

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