QAD Cloud ERP Customers Take Advantage of Blended Deployment Flexibility

Vertically focused, full functionality ERP with deployment independence

SANTA BARBARA, Calif.--()--QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of cloud enterprise resource planning (ERP) solutions and services for global manufacturers, announced today that nearly half (45 percent) of QAD Cloud ERP customer sites exist as part of a blended deployment. Customer-defined security allows users to easily transact across business entities with complete visibility, consistent functionality and the same user interface. In addition, in a blended deployment the finance team can view both individual business unit results and run consolidations that cross their cloud and on premise sites seamlessly.

Automotive industry customers with a larger number of sites or sites in emerging regions are the most likely to take advantage of the blended deployment option. Blended deployment allows them adequate time to transition to the cloud or to enable opening their new facilities quickly.

“We believe cloud is the future of ERP. We provide our customers with the ability to transition to the cloud at their own pace. We believe they are each on their own path to becoming an Effective Enterprise,” said Carter Lloyds, Chief Marketing Officer, QAD. “By offering deployment independence, customers can choose what is right for them. The blended offering provides for a transition to the cloud on a site-by-site basis while still providing a consistent user experience across deployments. Blended deployments offer real strategic value to our customers.”

“Customers use the cloud to redefine the four walls of the enterprise, supporting their enterprise strategy by choosing to focus on value-generating activities for their customers and relying on QAD to provide cloud ERP. At QAD, cloud ERP is our core competency and passion. Blended deployments are one more tool we provide to our customers as they each build their own Effective Enterprise,” stated Lloyds.

Enterprise customers are increasingly opting for cloud deployments. According to recent Gartner research1, there was a 23.3% year over year increase in cloud ERP revenues from 2013 to 2014, and Gartner predicts a growth rate of 17.6% through 2018 for cloud ERP.

About QAD – The Effective Enterprise

QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of cloud enterprise software and services designed for global manufacturing companies. For more than 30 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.

1Forecast Analysis: Public Cloud Services, Worldwide, 2Q14 Update, Gartner, August 11, 2014

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: evolving demand for the company's products and companion products; the ability to sustain license and service demand; fluctuation in revenue and earnings in the software industry; the ability to leverage changes in technology; the ability to sustain customer renewal rates at current levels; third party opinions about the company; the reliability of estimates of transaction and integration costs and benefits; competition in our industry; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales; 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. For a more detailed description of the risk factors associated with the company, 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.

Contacts

Markit Strategies
Patrick McLaughlin
734-255-6466
patrickm@markitstrategies.com

Release Summary

QAD, provider of ERP solutions for global manufacturers, announced today that nearly half (45 percent) of QAD Cloud ERP customer sites exist as part of a blended deployment.

Contacts

Markit Strategies
Patrick McLaughlin
734-255-6466
patrickm@markitstrategies.com