QAD Adds Capabilities to QAD Cloud ERP and QAD Enterprise Applications 2015

SANTA BARBARA, Calif.

QAD, a leading provider of enterprise software and services for global manufacturing companies, announced today the availability of several new innovations for QAD Cloud ERP and QAD Enterprise Applications 2015. Leading the list of innovations is the first phase of QAD’s Channel Islands initiative, giving users of QAD Cloud ERP access to an attractive, device independent and effective user experience (UX). Available to early adopters, it delivers the new effective UX for sales order processing, requisition approvals, dashboards, 26 base functions and adds an event-based collaborative business activity feed.

“As demonstrated by the many new capabilities made available this September, QAD continues to push the boundaries of ERP on multiple fronts,” said Bill Keese, Senior Vice President of Research and Development for QAD. “Our latest enhancements span user experience, internationalization, material handling, distribution, quality control and cost control, all created with the goal of helping customers become more effective enterprises.”

Another highlight of QAD’s September 2015 enhancements includes the limited availability release of QAD Automation Solutions, a set of shop floor data collection and label printing services directly integrated with QAD Enterprise Applications. The solution results in more intelligent, accurate and traceable packaging and shipping through unified serialization and item attributes. Automation Solutions is available to customers using recent versions of QAD Enterprise Applications ERP and QAD Cloud ERP.

Other New Capabilities

• Enhancements to periodic costing, resulting in more insightful reporting. Customers now may easily combine product cost data such as logistics, variances, labor, burden and adjustments, regardless of country of origin providing more accurate product costs.
• Quality Control features and integration, includes full support for e-signature and advanced integration with QAD QMS (quality management system). Customers now easily integrate lot and quality orders, test records and receipt processes between QAD Enterprise Applications ERP and QAD QMS. QAD QMS is available on the QAD Cloud and on premise.
• Internationalization enhancements expand the list of supported countries to 69, languages to 16 and bank drivers to 76 for QAD Enterprise Applications. Specifically, QAD added Slovakia to the list of countries supported and made enhancements for Italy, Lithuania, Russia, Tunisia, Israel, Vietnam and Brazil.

About QAD – The Effective Enterprise

QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models in the cloud, on premise, or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises.

For more information about QAD, call +1 805-566-6000, visit www.qad.com.

“QAD” is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.

Note to Investors: This press release contains certain forward-looking statements made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the Company’s business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company’s current expectations. Words such as “expects,” “believes,” “anticipates,” “could,” “will likely result,” “estimates,” “intends,” “may,” “projects,” “should,” “would,” “might,” “plan” and variations of these words and similar expressions are intended to identify these forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to: risks associated with our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company’s products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company’s latest Annual Report on Form 10-K and, in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.

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Markit Strategies
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QAD Inc.
Evan Quinn
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