QAD ERP Leveraged by Eight of the Top Ten Suppliers in Global Automotive Supply Chain

QAD Enterprise Applications running at 48-of-Top-100 global automotive suppliers

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 eight out of the top ten, and 48 of the top 100, global automotive suppliers use QAD ERP.

A recent report from Automotive News revealed that 48 of the top 100 global automotive suppliers listed use QAD solutions. These QAD customers generated revenue of approximately $400 billion in 2013, more than half of the estimated market total revenue of $720 billion. QAD ERP is currently deployed at automotive supplier facilities in 60 countries.

QAD Enterprise Applications includes industry-specific functionality for automotive suppliers such as OEM specific EDI and bar coding in addition to standard web-based supplier communications, release management, business process management, business intelligence, supply chain management, lean manufacturing and financials.

QAD is an industry leader in sharing manufacturing best practices and collaborates with the Automotive Industry Action Group (AIAG) in the U.S. and with Odette in Europe to develop methods and systems to support the global Materials Management Operations Guidelines/Logistics Evaluation (MMOG/LE) standard; a critical program that ensures that global manufacturers are operating at maximum efficiency.

“The vast majority of all cars on the road have components manufactured by QAD customers,” said QAD Automotive Director Terry Onica. “Our penetration in this most demanding and competitive of industries is a testament to the effectiveness of QAD 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.

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
or
QAD Inc.
Evan Quinn
Analyst Relations
617.869.7335
industryanalyst@qad.com

Release Summary

QAD, a leading provider of cloud ERP solutions and services for global manufacturers, announced today that eight out of the top ten, and 48 of the top 100, global automotive suppliers use QAD ERP.

Contacts

Markit Strategies
Patrick McLaughlin
734.255.6466
patrickm@markitstrategies.com
or
QAD Inc.
Evan Quinn
Analyst Relations
617.869.7335
industryanalyst@qad.com