QAD Awards Technology Upgrade Grants to Local Community

SANTA BARBARA, Calif.

QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services designed for global manufacturing companies, today announced a corporate donation to community initiatives that focus on advancing technology education. QAD has spearheaded local technology improvement initiatives through Project Upgrade and TeachNet for more than 10 years.

“QAD is committed to giving back to the communities in which we operate,” said QAD Founder and President Pam Lopker. “Our community giving program aligns closely with the company’s core values of partnership, integrity and commitment to excellence. It is crucial to enable today’s students with the technology to help them excel in the future.”

QAD coordinates with the Santa Barbara County Education Office (SBCEO) to award Project Upgrade funds to selected local schools for technology upgrade projects. QAD identifies the schools based on a grant application process. Interested schools are encouraged to contact SBCEO for more details.

Current awards are:

• Santa Barbara High School and its Computer Science Academy Foundation received funds to buy laptops to support a new math class: Pre-Calculus Honors with Python, which incorporates computer programming. The academy offers four distinct computer science courses, enrolling 150 students. Demand for these courses has doubled each of the last two years. In addition to an introductory computer science course and AP Computer Science, the school is developing innovative mobile programming and computational art courses.
• Hollister School received funds to purchase a 3D printer, Dash & Dot robots, Lego Machines and Mechanisms kits, Parrot Minidrones and Chromebooks. Hollister School uses these items to perform coding and critical thinking tasks during its “Challenge Genius Hour.” The school is in Phase 2 of a three-phase plan to develop an integrated technology learning program.
• Foothill Elementary School received funds to buy Chromebooks and the MY Access writing software program. MY Access is a writing development program that utilizes artificial intelligence and linguistic technologies to improve student writing in science, math, language arts and social studies.
• The Multimedia Arts and Design (MAD) Academy received funds to purchase new computers, replacing outdated technology. The Academy is a project-based learning model with a vocational focus utilizing technology as a learning tool. It offers 24 courses in media arts, English, history/social studies and science. The MAD Academy has internship opportunities and a student-run media arts business. It is proud of its 17-year record of graduating every student and its 100% college admittance rate. QAD has hired MAD graduates at its corporate office in Santa Barbara.

In addition, QAD partners with SBCEO to fund the QAD TeachNet Technology Grant Program. QAD offers grants to teachers who improve student learning and achievement by addressing the technical, practical and pedagogical issues surrounding the integration of technology in classroom instruction. This year, QAD awarded grants to 13 teachers in the Santa Barbara County public schools.

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 as on-premise software, in the cloud with QAD Cloud ERP 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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