QAD Announces Customer Award Winners at QAD Explore 2018

DALLAS, May 9, 2018 /PRNewswire/ -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced the winners of its annual QAD Customer Awards, recognizing outstanding companies leveraging QAD technology to become Effective Enterprises. The awards were presented at the QAD Explore 2018 customer conference, which runs through May 10, 2018, at the Sheraton Dallas in Dallas, Texas.

Each year, QAD recognizes visionary customers that leverage QAD solutions to become Agile, Effective Enterprises with all business processes running at peak efficiency and aligned to the company's strategic goals. The winners leverage the power of QAD software to drive innovation, meet quality standards and evolve with market conditions.

List of Award Categories and Winners:

• Strategic Partnership Award - This award recognizes individual customers that have driven a vision for their company, industry, and the use of the QAD solution. Their efforts expand the value delivered through QAD solutions and impact the greater QAD ecosystem.
• Winners: Following the successful global rollout of more than 30 sites in less than two years, Yanfeng Automotive Interiors Director of IT Strategy and Process, Mike Silletti and Global ERP Supply Chain Lead, John Miciuda are advocates for QAD solutions. Mike and John have shared their story at various customer conferences and events, site visits and numerous reference opportunities.
• Development Partner Award - This award recognizes a customer that has partnered with QAD throughout the early adopter stage of a new QAD solution, providing significant feedback and support.
• Winner:NeoTract has served as an invaluable Development Partner to QAD in the early adopter roll-out of QAD Automation Solutions (AS), QAD Production Orders and QAD Trade Activity Management (TAM).
• Agility Award - This award recognizes a customer that utilizes QAD solutions and technology to improve the agility of their business and processes to rapidly changing market conditions.
• Winner:Accelerate Diagnostics has experienced impressive growth and recently received Food and Drug Administration approval for a sepsis intervention and antimicrobial product. Working with QAD, they developed and implemented a paperless device history record utilizing QAD's Quality Orders and e-signature functionality, allowing them to quickly respond to evolving business needs.
• Rapid Achiever Award - This award recognizes a customer that achieved significant business value by deploying QAD solutions rapidly.
• Winner: Working together with the QAD Team, International Automotive Components completed the implementation of QAD Cloud ERP, QAD Automation Solutions and QAD Cloud EDI in just eight weeks for their Opole, Poland greenfield facility.   

"There is no better place to honor our customers than at Explore," said Pam Lopker, president and chairman of QAD. "It's our most important yearly event and it gives us the opportunity to call attention to the great work our customers are doing and share their success with the entire QAD community. Our job is to help each of our customers to become agile, effective enterprises and at Explore we get to see the great results that happen when they succeed."

AboutQAD – The Effective Enterprise

QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Cloud ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation and global trade management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech, industrial manufacturing and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.

To learn more, visit https://www.qad.com or call +1 805-566-6000.

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

Contacts:

QAD Inc.
Scott Matulis
Public Relations
818-451-8918
publicrelations@qad.com

or

Evan Quinn
Analyst Relations
617-869-7335
industryanalyst@qad.com

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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SOURCE QAD Inc.