QAD Wins Compliance Gold Award at the 2017 Info Security Product Guide’s Global Excellence Awards®

SANTA BARBARA, Calif.--()--QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services for global manufacturing companies, was named the Gold Winner in the Compliance category of the 2017 Info Security Product Guide’s Global Excellence Awards®. These prestigious global awards recognize security and information technology vendors with advanced, groundbreaking products, and solutions and leaders that set the bar higher for others in all areas of security and security technology.

“QAD serves manufacturers around the world by delivering unique functionality that helps them meet a wide range of global compliance requirements,” said QAD Chief Technology Officer Tony Winter. “These requirements include country-specific financial reporting regulations and governmental standards that global manufacturers must meet. This award acknowledges QAD’s leadership as a provider of these solutions, and it validates our emphasis on empowering manufacturers to become Effective Enterprises.”

More than 40 judges from across the globe participated in this year’s program, and their scores determined the 2017 Global Excellence Awards finalists and winners. Winners were announced during an awards dinner and presentation Feb. 13, 2017, in San Francisco.

While QAD offers a long list of compliance capabilities, it has four primary solutions:

  • QAD Internationalization helps global manufacturers using QAD ERP to comply with local government tracking and reporting regulations, tax laws and common practices in each country where they do business.
  • QAD Quality Management System (QMS) gives manufacturers a comprehensive solution that automates their processes for meeting industry quality compliance requirements, assisting them in producing higher quality products.
  • QAD Cloud ERP is available in two special editions, QAD Cloud ERP Life Sciences and QAD Cloud ERP Automotive. These applications assist manufacturers with meeting industry-specific compliance requirements in the life sciences and automotive industries respectively.
  • QAD Unique Device Identification (UDI) includes traceability, serialization and reporting functions to support medical device manufacturers in meeting UDI requirements.

For a complete list of the winners of the 13th Annual Info Security PG's Global Excellence Awards®, visit http://www.infosecurityproductsguide.com/world/.

About Info Security Products Guide

Info Security Products Guide plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow's technology today, best deployment scenarios, people and technologies shaping info security and market research reports that facilitate in making the most pertinent security decisions. The Info Security Products Guide Global Excellence Awards recognize and honor excellence in all areas of information security. To learn more, visit www.infosecurityproductsguide.com and stay secured.

About QAD – The Effective Enterprise

QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 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: 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.

Contacts

QAD Inc.
Scott Matulis, 818-451-8918
Public Relations
publicrelations@qad.com
or
Evan Quinn, 617-869-7335
Analyst Relations
industryanalyst@qad.com

Release Summary

QAD was named the Gold Winner in the Compliance category of the 2017 Info Security Product Guide’s Global Excellence Awards®.

Contacts

QAD Inc.
Scott Matulis, 818-451-8918
Public Relations
publicrelations@qad.com
or
Evan Quinn, 617-869-7335
Analyst Relations
industryanalyst@qad.com