QAD Cloud EDI is “Honda Approved”

QAD Cloud EDI Meets Stringent Honda Authorized Solution Status

SANTA BARBARA, Calif.--()--QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturing companies, announced today that it has completed one of the most comprehensive and stringent software validation processes in the automotive industry by achieving Honda “Approved Software” status for its QAD Cloud EDI solution. QAD was already recognized as a Honda “Approved Software Provider” for other QAD and partner solution combinations.

Honda North America, Inc., a global leader in automotive manufacturing, requires its original equipment manufactured parts suppliers to use an authorized integrated EDI, barcode and demand management solution. Software vendors must complete a rigorous eight-step testing and validation process to ensure the suite of applications complies with Honda’s requirements for electronic data validation and barcode label conformance.

“By completing this test you have demonstrated that your EDI and bar coding system has proven to comply with Honda’s requirements as defined in the April 2015 version of Honda’s EDI and Bar Code Label Implementation Requirements,” stated Honda logistics representative Daryl Collins.

“We are excited to add QAD Cloud EDI to our existing set of Honda Approved Solutions,” said QAD North American EDI Business Development Manager Chris Theisen. “We have provided world-class solutions to the automotive industry for over 30 years. This approval builds on our great reputation of demonstrating a deep understanding and collaboration with the automotive industry.”

About Honda North America, Inc.

Honda has been producing automobiles in America for more than 30 years and currently operates 16 major manufacturing facilities in North America. Eight Honda auto plants in the North American region, including four in the U.S., have the capacity to produce 1.92 million automobiles each year, using domestic and globally sourced parts. In 2014, nearly 98 percent of the Honda and Acura automobiles sold in the U.S. were produced in North America. Honda also operates 16 major research and development centers in the U.S. with the capacity to fully design, develop and engineer many of the products Honda produces in North America. For more information, please visit www.hondainamerica.com.

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

Markit Strategies
Patrick McLaughlin, 734-255-6466
patrickm@markitstrategies.com
or
QAD Inc.
Evan Quinn, 617-869-7335
Analyst Relations
industryanalyst@qad.com

Release Summary

QAD, provider of ERP software for global manufacturing companies, announced that it has completed the validation process to achieve Honda “Approved Software” status for its QAD Cloud EDI solution.

Contacts

Markit Strategies
Patrick McLaughlin, 734-255-6466
patrickm@markitstrategies.com
or
QAD Inc.
Evan Quinn, 617-869-7335
Analyst Relations
industryanalyst@qad.com