QAD Launches Project Network to Connect QAD Customers with Service Providers

June 1, 2016 | By Business Wire News

SANTA BARBARA, Calif.

QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise business software and services for global manufacturing companies, announced today the launch of Project Network, a website to help QAD customers find service providers for QAD solution-related projects. Service providers and consultancies can post their profiles on Project Network to make it easy for QAD customers to determine service candidates for implementations, upgrades, cloud conversions, migrations, integrations and customizations.

“Ensuring that our customers have a variety of services options to choose from for QAD solutions projects is a high priority for QAD,” said Anton Chilton, EVP, QAD Global Services. “Project Network offers an open online market where our customers can find service provider options for their projects. It also provides a rapid way for consulting firms with QAD expertise to participate in the QAD ecosystem and to offer their expertise to our customers.”

Users can access Project Network through a link located on the Services tab at QAD.com or at projectnetwork.qad.com. Each service provider builds a profile for their business with service providers listing their territory, QAD-related skills, rates, experience and other pertinent information. QAD customers can submit requests for specific skills and resources or post projects for bid. Providers can scan available resource requests and listed projects, submit a bid or request more information using the site’s direct messaging system. Upon project completion, customers can rate their provider’s performance and include text feedback. QAD moderates the ratings, profiles and projects to ensure information quality. While service providers with or without QAD certification may participate, QAD always recommends that customers use accredited partners or certified consultants for any project.

“Project Network will expand our partner ecosystem and provides a useful tool to help customers obtain services on their way to becoming Effective Enterprises,” added Chilton. “We plan to evolve Project Network in concert with our customers and service partners during 2016 and beyond.”

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.