QAD Annual Customer Conference to Focus on Latest Enterprise Product
Innovations for Global Manufacturers
Noted Author Kevin Carroll to Keynote
SANTA BARBARA, Calif. (Business Wire EON) April 15, 2008 --
QAD, Inc. (Nasdaq:QADI), a leading
provider of enterprise software and services for global manufacturers,
has announced that Kevin Carroll, author, speaker and agent for social
change, will be the keynote speaker for its 17th annual customer
conference – QAD
Explore 2008 – on June 8-13, 2008 in
Orlando, Florida.
Carroll is founder of The Katalyst Consultancy and author of Rules of
the Red Rubber Ball: Find and Sustain Your Life's Work. Carroll’s
keynote speech will be focused on helping people harness the power of
sport and play as a vehicle for chasing and achieving their dreams.
Sessions at QAD Explore 2008 will
focus on latest product innovations, competitive strategies and best
practices to achieve The
Perfect Lean Market. The conference provides powerful and
informative sessions in three main areas: Solutions, Customer
Experience, and Business Trends, and features enlightening keynotes and
an invaluable Solutions
Expo. Added to the conference this year are two additional days of
optional education classes offered through "Education
at Explore," a hands-on, customer-focused training curriculum,
taking place June 12 and 13.
QAD will debut QAD Enterprise Applications 2008, the latest evolution of QAD’s
global software solution at this year’s
event. Rich in new features and industry-specific functionality, QAD
2008 is the first release of QAD’s products to
feature QAD Enterprise Financials as well as an elegant user interface
and significant enhancements to QAD’s
Manufacturing, Distribution, and Customer Management solutions designed
to help QAD customers of all sizes to stay ahead in the ever-changing
world of global manufacturing.
“We’re gearing up
for our most exciting and anticipated Explore yet,”
said Gordon Fleming, chief marketing officer, QAD. “Attendees
will have the opportunity to learn more about the latest QAD enterprise
offerings, including QAD Enterprise Applications 2008, and also have the
opportunity to network with their peers.”
For more information on Explore 2008 and to register, please visit www.explore.qad.com,
or email explore@qad.com. Early
Bird discounts on the registration fee are valid on or before May 9,
2008. Group discounts are also available.
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 QAD 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 2007 ended January 31, 2007.
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