QAD Honors Customer Achievements at QAD Explore 2008
QAD Customers Receive Special Recognition at Annual Customer
Conference
SANTA BARBARA, Calif. (Business Wire EON) June 11, 2008 --
QAD, Inc (Nasdaq: QADI), a leading
provider of enterprise software and services for global manufacturers,
announced today that it has honored a number of customer attendees at
its annual QAD Explore customer conference in Orlando, Florida. QAD
customers in the automotive, consumer, food & beverage, high-tech,
industrial and life sciences industries received awards for their vision
and innovation with QAD Enterprise Applications.
“These customers really take QAD’s
passion for the manufacturing industry seriously, and turn our products
and services to their advantage in innovative ways,”
said Pam Lopker, president and founder of QAD. “We
are proud of our customers’ accomplishments
and the innovative ways they have leveraged QAD software and services to
make their businesses more successful and become leaders in their
industries.”
QAD proudly salutes these customers and their unique achievements in key
areas:
CIO Visionary: For exceptional vision that drives innovation
Randy Bednar, Chief Information Officer, A.O. Smith
Todd Rumsey, Chief Information Officer, Laird Technologies
David Minster, Chief Information Officer, David Yurman
George Molchan, Chief Information Officer, Freudenberg-NOK
Comprehensive Integration: Singular achievement in integrating a
global enterprise
PPG Aerospace
High Profile: Case Study
Freudenberg-NOK
Laird Technologies
Medela, Inc.
Plásticos Mueller S. A.
Speedline Technologies
Wagon Automotive
Media Spotlight: Telling it to the Trades
A.O. Smith
Laird Technologies
Rapid Achiever: Ultra-Fast Implementation
A.O. Smith Electrical Products
Amtex, Inc.
Ball Corporation
BALTMIXT
Eaton Corporation (Division: Fluid Power Group)
Itron, Inc.
Mauser Group
Osmetech Molecular Diagnostics
The Beckett Companies
Tree Island Industries LTD
TRW Automotive
Villalba Aceros S.A.
Wagon Automotive
Continuous Improvement and Upgrades
The Argen Corporation
Bunge India Pvt Limited
Comvita
Continental Structural Plastics
Excel Industries
Filtration Group
Hindustan Coca Cola Beverages Pvt. Ltd.
ISD Dunaferr Plc
Laird Technologies
LZT Elterma S.A.
Morrison Products
Pepsi Cola Manufacturing
RF Industries Ltd.
Sagus International
Sugar Foods Corporation
TS Tech Co., LTD.
QAD Enterprise Applications are designed to streamline the management of
manufacturing operations, supply chains, financials, customers,
technology and business performances all in one suite. Built on a deep,
foundational understanding of manufacturing and designed for maximum
flexibility anywhere in the world, QAD Enterprise Applications are
available in 27 languages and can handle multiple currencies. For both
single-site manufacturers with customers and suppliers in many locations
around the world, and global enterprises with factories and plants in
dozens of countries, QAD can provide the solutions and support to
operate multi-national businesses efficiently and profitably.
About QAD
QAD is a leading provider of enterprise applications for global
manufacturing companies. QAD applications provide critical functionality
for managing manufacturing resources and operations within and beyond
the enterprise, enabling global manufacturers to collaborate with their
customers, suppliers and partners to make and deliver the right product,
at the right cost and at the right time. Manufacturers of automotive,
consumer products, electronics, food and beverage, industrial and life
science products use QAD applications at approximately 6,100 licensed
sites in more than 90 countries and in as many as 27 languages. For more
information about QAD, telephone +1 805 684 6614, or visit the QAD Web
site at 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. 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, evolving demand
for the company's software products and products that operate with the
company's products; the company's ability to sustain license and service
demand; the company's ability to leverage changes in technology; the
company's ability to sustain customer renewal rates at current levels;
the publication of opinions by industry and financial analysts about the
company, its products and technology; the reliability of estimates of
transaction and integration costs and benefits; the entry of new
competitors or new offerings by existing competitors and the associated
announcement of new products and technological advances by them; delays
in localizing the company's products for new or existing markets; the
ability to recruit and retain key personnel; delays in sales as a result
of lengthy sales cycles; changes in operating expenses, pricing, timing
of new product releases, the method of product distribution or product
mix; timely and effective integration of newly acquired businesses;
general economic conditions; exchange rate fluctuations; and, the global
political environment. In addition, revenue and earnings in the
enterprise resource planning (ERP) software industry are subject to
fluctuations. Software license revenue, in particular, is subject to
variability with a significant proportion of revenue earned in the last
month of each quarter. Given the high margins associated with license
revenue, modest fluctuations can have a substantial impact on net
income. Investors should not use any one quarter's results as a
benchmark for future performance. For a more detailed description of the
risk factors associated with the company and the industries in which it
operates, please refer to the company's Annual Report on Form 10-K for
fiscal 2008 ended January 31, 2008.
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