Exhibit 99.1

FOR IMMEDIATE RELEASE

Agilysys, Inc. Reports Fiscal 2006 Second-Quarter Results

• Consolidated Sales for the Quarter Increase 11 Percent over Prior Year to $406 Million

• Net Income for the Quarter up 78 Percent to $0.21 Per Diluted Share

• Non-GAAP Net Income for the Quarter Reaches $0.26 Per Diluted Share, up 113 Percent

CLEVELAND — Nov. 8, 2005 — Agilysys, Inc. (Nasdaq: AGYS), a leading provider of enterprise computer technology solutions, today announced its unaudited fiscal 2006 second-quarter and first-half results for the period ended September 30, 2005. For the quarter, the company’s sales increased 11 percent to $405.6 million compared with $364.4 million for the second quarter last year.

Second-quarter sales of hardware products were $320.9 million, up 8.1 percent from $296.8 million last year. Software sales were $52.3 million, up 13.3 percent from $46.1 million a year ago, and services sales were $32.4 million, up 51.0 percent from $21.5 million last year.

Gross margin for the quarter was 13.1 percent of sales, compared with 13.3 percent in the prior year. Selling, general and administrative expenses were $38.7 million, or 9.5 percent of sales for the quarter, compared with $39.2 million, or 10.8 percent, in the prior year.

Net income was up 78 percent to $6.7 million, or $0.21 per diluted share, including $2.5 million in restructuring charges. This compares with net income of $3.7 million, or $0.13 per diluted share, in the second quarter last year.

Excluding $2.5 million in restructuring charges, Agilysys would have reported non-generally accepted accounting principles (non-GAAP) net income of $8.1 million, or $0.26 per diluted share, an increase of 113 percent compared with non-GAAP net income of $3.8 million, or $0.13 per diluted share, in the second quarter last year.

Arthur Rhein, chairman, president and chief executive officer of Agilysys, said, “I am very pleased with this quarter’s performance both in terms of sales and profits. Our results continue to reflect growth in each of our major product categories — hardware, software and services — combined with a continued focus on improving operational efficiency and cost savings.”

Six Months Results
For the six months ended September 30, 2005, sales were $815.6 million, a nine percent increase over sales of $751.1 million reported for the comparable period last year. Gross margin for the first half was 12.7 percent of sales, compared with 12.9 percent in the prior year. Selling, general and administrative expenses were $79.9 million, or 9.8 percent of sales for the first half, compared with $78.2 million, or 10.4 percent, in the prior year.

The company recorded net income for the six months of $6.9 million, or $0.23 per diluted share, compared with net income of $7.6 million, or $0.27 per diluted share, last year.

Excluding $4.9 million in restructuring charges reported in the first half and a non-recurring $4.8 million loss on redemption of the company’s Convertible Trust Preferred Securities in the first quarter, the company would have reported non-GAAP net income of $12.6 million, or $0.40 per diluted share, compared with non-GAAP net income of $7.8 million, or $0.27 per diluted share, in the first half of last year.

Restructuring Charges
During the first half of 2006, Agilysys consolidated a portion of its operations to reduce costs and increase operating efficiencies. As part of that restructuring, the company eliminated certain jobs and exited specific leased facilities. Related to this initiative, Agilysys recorded restructuring charges of approximately $2.5 million in the second quarter and a total of $4.9 million during the first half of fiscal 2006. With the restructuring complete, the company expects to realize cost savings of approximately $6.0 million in the current fiscal year and approximately $7.0 million per year thereafter.

Redemption of Convertible Trust Preferred Securities
As previously disclosed, in the first quarter of fiscal 2006, as part of its strategy to increase both financial flexibility and shareholder value, the company redeemed its 6.75 percent Convertible Trust Preferred Securities. Agilysys shareholders benefited from the elimination of the annual distribution on the Trust Preferred Securities, which amounted to approximately $5.2 million annually, net of tax, and the removal of 6.7 million shares of dilution.

Agilysys Enters $200 Million Five-year Unsecured Credit Facility
As previously disclosed, on October 18, 2005, Agilysys terminated its three-year $100 million unsecured credit facility and entered into a $200 million five-year unsecured credit facility. The new credit facility includes a $20 million sub-facility for letters of credit and a $20 million sub-facility for swingline loans, which are short-term loans generally used for working capital requirements.

The new credit facility will be used to retire existing debt when it matures, fund working capital and capital expenditures, and for general corporate purposes, including acquisitions. The facility contains covenants customary for such financings. The credit agreement can be reviewed on the Current Report on Form 8-K filed with the Securities and Exchange Commission on October 21, 2005.

Use of Non-GAAP Financial Measures
The non-GAAP operating results provided are “non-GAAP financial measures” under the rules of the Securities and Exchange Commission. The company believes that the non-GAAP financial information is useful to investors to assist them in assessing and understanding the company’s financial performance and underlying trends in its business, as management considers the charges and losses referred to above to be outside the company’s core operating results. This non-GAAP financial information supplements, and is not intended to represent a measure of performance in accordance with U.S. GAAP. Accompanying this release is a tabular reconciliation of the differences between the non-GAAP financial measures with the most comparable financial measure calculated and presented in accordance with U.S. GAAP.

Business Outlook
Agilysys expects to achieve results near the high end of its previous fiscal 2006 guidance of sales growth between five and seven percent over fiscal 2005 sales of $1.62 billion; gross margin of approximately 12.4 percent of sales; selling, general and administrative expenses of approximately 9.5 percent of sales; and the high end of the net income guidance of $0.80 to $0.88 per diluted share, which includes the impact of the restructuring charges and the loss on the redemption of the convertible trust preferred securities.

Agilysys also expects to incur fiscal 2006 capital expenditures between $2 and $4 million, depreciation and amortization of approximately $10 million, and interest expense to be partially offset by interest and other income, assuming no additional retirement of its Senior Notes.

Conference Call Information
A conference call to discuss the quarterly results is scheduled for 11 a.m. ET on Tuesday, November 8, 2005. The conference call will be broadcast live over the Internet and a replay will be accessible on the investor relations page of the company’s Web site: www.agilysys.com.

A taped replay of the conference call will be available at 1 p.m. ET on Tuesday, November 8, 2005, through midnight ET on Tuesday, November 22, 2005, accessible by dialing 877-344-7529 or 412-317-0088 (passcode #381345).

Forward-Looking Language
Portions of this release, particularly the statements made by management and those that are not historical facts, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current assumptions and expectations, and are subject to risks and uncertainties, many of which are beyond the control of Agilysys. Many factors could cause Agilysys actual results to differ materially from those anticipated by the forward-looking statements. These factors include those referenced in the Annual Report on Form 10-K or as may be described from time to time in Agilysys subsequent SEC filings.

Potential factors that could cause actual results to differ materially from those expressed or implied by such statements include, but are not limited to, those relating to Agilysys anticipated revenue gains, sales volume, margin improvements, cost savings, and new product introductions.

Other associated risks include geographic factors, political and economic risks, the actions of Agilysys competitors, changes in economic or industry conditions or in the markets served by Agilysys, and the ability to appropriately integrate acquisitions, strategic alliances, and joint ventures.

In addition, this release contains time-sensitive information and reflects management’s best analysis only as of the date of this release. Agilysys does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Information on the potential factors that could affect Agilysys actual results of operations is included in its filings with the Securities and Exchange Commission, including, but not limited to, its Annual Report on Form 10-K for the fiscal year ended March 31, 2005. Interested persons can obtain it free at the Securities and Exchange Commission’s Web site, www.sec.gov.

About Agilysys, Inc.
Agilysys is one of the foremost distributors and premier resellers of enterprise computer technology solutions. It has a proven track record of delivering complex server and storage hardware, software and services to resellers, large and medium-sized corporate customers, as well as public-sector clients across a diverse set of industries. In addition, the company provides customer-centric software applications and services focused on the retail and hospitality markets. Headquartered in Mayfield Heights, Ohio, Agilysys has sales offices throughout the United States and Canada. For more information, visit www.agilysys.com.

Analysts/Investor Contact:	Martin Ellis
	Executive Vice President, Treasurer and
	Chief Financial Officer
	Agilysys, Inc.
	440-720-8682
	martin.ellis@agilysys.com
Media Contact:	Julie Young
	Director, Corporate Communications
	Agilysys, Inc.
	440-720-8602
	julie.young@agilysys.com

# # #

AGILYSYS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)

	Three Months Ended						Six Months Ended
	September 30						September 30
(In thousands, except share and per share data)	2005			2004			2005			2004
Net sales	$	405,605		$	364,410		$	815,559		$	751,082
Cost of goods sold		352,467			316,070			711,663			654,077
Gross margin		53,138			48,340			103,896			97,005
Operating expenses
Selling, general, and administrative expenses		38,651			39,228			79,890			78,178
Restructuring charges		2,464			112			4,888			301
Operating income		12,023			9,000			19,118			18,526
Other (income) expenses
Other expense (income), net		77			(187	)		(285	)		(426	)
Interest income		(1,005	)		(648	)		(2,476	)		(1,000	)
Interest expense		1,605			1,528			3,212			3,169
Loss on redemption of Mandatorily Redeemable Convertible Trust Preferred Securities		—			—			4,811			—
Income before income taxes		11,346			8,307			13,856			16,783
Provision for income taxes		4,550			3,119			5,727			6,221
Distributions on Mandatorily Redeemable Convertible Trust Preferred Securities, net of taxes		—			1,351			900			2,711
Income from continuing operations		6,796			3,837			7,229			7,851
Loss from discontinued operations, net of taxes		144			96			287			260
Net income	$	6,652		$	3,741		$	6,942		$	7,591
Earnings per share — basic
Income from continued operations	$	0.23		$	0.13		$	0.24		$	0.28
Loss from discontinued operations		(0.01	)		—			(0.01	)		(0.01	)
Net income	$	0.22		$	0.13		$	0.23		$	0.27
Earnings per share — diluted
Income from continued operations	$	0.22		$	0.13		$	0.24		$	0.28
Loss from discontinued operations		(0.01	)		—			(0.01	)		(0.01	)
Net income	$	0.21		$	0.13		$	0.23		$	0.27
Weighted average shares outstanding
Basic		30,123,331			28,056,172			29,610,260			28,035,555
Diluted		31,122,272			28,881,520			33,866,822			28,538,317
Cash dividends per share	$	0.03		$	0.03		$	0.06		$	0.06

AGILYSYS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(Amounts at September 30, 2005 are Unaudited)

	September 30			March 31
(In thousands)	2005			2005
ASSETS
Current assets
Cash and cash equivalents	$	138,004		$	241,880
Accounts receivable, net		284,373			263,986
Inventories, net		52,476			47,305
Deferred income taxes		10,880			9,379
Prepaid expenses		2,098			1,991
Assets of discontinued operations		686			702
Total current assets		488,517			565,243
Goodwill		196,917			173,774
Intangible assets, net		4,681			5,796
Investments		18,715			19,785
Other non-current assets		19,518			20,241
Property and equipment, net		28,750			30,319
Total assets	$	757,098		$	815,158
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable	$	263,564		$	228,775
Accrued liabilities		38,348			38,178
Mandatorily Redeemable Convertible Trust Preferred Securities		—			125,317
Senior Notes		59,388			—
Liabilities of discontinued operations		1,177			1,767
Total current liabilities		362,477			394,037
Long-term debt		219			59,624
Deferred income taxes		11,566			11,657
Other non-current liabilities		19,792			17,389
Shareholders’ equity
Common stock		9,056			8,564
Capital in excess of stated value		112,722			88,927
Retained earnings		240,912			235,749
Unearned compensation on restricted stock awards		(595	)		(873	)
Accumulated other comprehensive income		949			84
Total shareholders’ equity		363,044			332,451
Total liabilities and shareholders’ equity	$	757,098		$	815,158

AGILYSYS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)

	Six Months Ended
	September 30
(In thousands)	2005			2004
Operating activities:
Net income	$	6,942		$	7,591
Add: Loss from discontinued operations		287			260
Income from continuing operations		7,229			7,851
Adjustments to reconcile income from continuing operations to net cash provided by operating activities (net of effects from business acquisition):
Loss on redemption of Mandatorily Redeemable Convertible Trust Preferred Securities		4,811			—
Gain on sale of investment in affiliated company		(144	)		—
Loss (gain) on disposal of plant and equipment		175			(34	)
Depreciation		1,907			2,155
Amortization		2,910			2,782
Deferred income taxes		(1,678	)		3,926
Changes in working capital:
Accounts receivable		(16,068	)		44,901
Inventory		(5,171	)		(1,064	)
Accounts payable		33,699			6,435
Accrued liabilities		998			(2,018	)
Other changes, net		10			65
Other non-cash adjustments		1,285			(8,110	)
Total adjustments		22,734			49,038
Net cash provided by operating activities		29,963			56,889
Investing activities:
Acquisition of business		(27,784	)		—
Proceeds from sale of property and equipment		—			105
Acquisition of property and equipment		(1,009	)		(1,243	)
Net cash used for investing activities		(28,793	)		(1,138	)
Financing activities:
Redemption of Mandatorily Redeemable Convertible Trust Preferred Securities		(107,536	)		—
Dividends paid		(1,779	)		(1,607	)
Proceeds from issuance of common stock		4,599			1,423
Other		(141	)		(167	)
Net cash used for financing activities		(104,857	)		(351	)
Effect of foreign currency fluctuations on cash		673			323
Cash flows (used for) provided by continuing operations		(103,014	)		55,723
Cash flows (used for) provided by discontinued operations		(862	)		3,737
Net (decrease) increase in cash		(103,876	)		59,460
Cash at beginning of period		241,880			149,903
Cash at end of period	$	138,004		$	209,363

AGILYSYS, INC.
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
(Unaudited)

	Three Months Ended						Six Months Ended
	September 30						September 30
(In thousands, except per share data)	2005			2004			2005			2004
Net income, as reported	$	6,652		$	3,741		$	6,942		$	7,591
Non-GAAP adjustments
Restructuring charges, net of taxes		1,476	(a)		70	(a)		2,868	(a)		189	(a)
Loss on redemption of Mandatorily Redeemable Convertible Trust Preferred Securities, net of taxes		—			—			2,823	(b)		—
Non-GAAP net income	$	8,128		$	3,811		$	12,633		$	7,780
Earnings per share — diluted, as reported	$	0.21		$	0.13		$	0.23		$	0.27
Non-GAAP adjustments
Restructuring charges		0.05			—			0.09			—
Loss on redemption of Mandatorily Redeemable Convertible Trust Preferred Securities		—			—			0.08			—
Non-GAAP earnings per share — diluted	$	0.26		$	0.13		$	0.40		$	0.27

(a)	Restructuring charges, net of taxes of $1.0 million and $41,700 for the three months ended September 30, 2005 and 2004, respectively, and $2.0 million and $0.1 million for the six months ended September 30, 2005 and 2004, respectively.
(b)	Loss on redemption of Mandatorily Redeemable Convertible Trust Preferred Securities, net of taxes of $2.0 million for the six months ended September 30, 2005.