QAD Signs Partnership Agreement with CERAMTECH Consultaria in Brazil

SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies, today announced that it has signed a partnership agreement with CERAMTECH Consultaria, designating CERAMTECH as a channel partner in Brazil.

"CERAMTECH’s experience and expertise in evolving manufacturing segments, along with its understanding of why these industries need to be agile and have the ability to adapt, makes it an ideal partner to address the needs of QAD customers in Brazil,” said QAD Vice President, Global Partner Strategy & Management Mohan Ponnudurai. “They understand how to help transform manufacturing companies through direct relationships. What unites QAD and CERAMTECH is the belief that we can positively impact an organization’s future and help improve and transform their business using QAD Adaptive ERP. Together, we look forward to sustained growth in the Brazilian manufacturing industry.”

Located in São Paulo, CERAMTECH is a Brazilian company with over 30 years of experience promoting industry 4.0 with cutting-edge technology, as well as safety for the manufacturing industry. It brings innovation and sustainability to the Brazilian and Latin American markets. The company provides consulting and business development for industry products and services.

The partnership agreement allows CERAMTECH to market and sell QAD Adaptive ERP in Brazil to manufacturing companies in the automotive, industrial, consumer packaged goods and life sciences industries.

“CERAMTECH has been operating for many years in the industrial consultancy and industrial safety equipment sectors,” said CERAMTECH Alliance Director Hercilio Ramos Jr. “A partnership with QAD is a powerful synergy that can help current and potential customers in the manufacturing sector to improve control, quality and best practices.”

The QAD Global Partner Program has over 100 partners helping QAD to deliver innovative solutions, services and technology that help its customers to modernize their business processes, manage disruption and leverage that disruption into competitive advantage. The program includes several types of relationships including channel partners, system integrators and service organizations, solution providers and technology providers.

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

Founded in 1979 and headquartered in Santa Barbara, California, QAD has 30 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions, including enterprise resource planning (ERP), digital supply chain planning (DSCP), global trade and transportation execution (GTTE), quality management system (QMS) and strategic sourcing and supplier management, to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call [phone]. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.

"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 the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; 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.