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Date Posted: 11/5/2008

QAD Introduces Automotive Edition of QAD Enterprise Applications 2008


QAD Automotive On Demand Helps Automotive Manufacturers Compete More Effectively
 
 
DETROIT--(BUSINESS WIRE)--QAD, Inc. (NASDAQ: QADI - News), a leading provider of enterprise software and services for global manufacturers, announced the availability of QAD Automotive On Demand at the Original Equipment Suppliers Association (OESA) 2008 Outlook Conference being held in Detroit on November 5 -6. QAD Automotive On Demand is an automotive industry specific edition of QAD Enterprise Applications 2008, announced earlier this year.

QAD Automotive On Demand delivers a simple yet comprehensive automotive solution that includes industry best practices for harmonious alignment within the global automotive supply chain. With QAD Automotive On Demand, automotive suppliers will be free of the infrastructure and overhead for applications management personnel. The flexibility to use automotive-specific software in the utility model provides companies with a competitive advantage, preserving their capital for other investments.

“Today’s automotive industry faces extreme challenges, from global sourcing and supply chain management to delivery performance,” said Charlie Eggerding, Vice President Automotive for QAD. “With the ever increasing focus on cash flow and reduction of operating expenses, CEO's of automotive suppliers are looking to reduce capital outlay and costs. QAD Automotive On Demand requires no capital investment and is targeted at reducing IT operating costs while delivering complete automotive operational compliance.”

QAD Automotive On Demand allows automotive suppliers that operate on a global basis to deploy the application in any emerging market around the world with low cost of entry. QAD is able to support this global industry by offering this solution in more than 90 countries and in 27 different languages, making QAD solutions available wherever its customers are doing business.

With its QAD 2008 release, QAD is continuing on its path toward delivering “total enterprise capability” to help meet customers’ ever-changing business requirements across all key levels, functions and geographies of their extended manufacturing organization.

Additional Information

For more information about QAD on Demand and Enterprise Applications go to http://www.qad.com/ondemand.

About QAD

QAD is a leading provider of enterprise applications for global manufacturing companies. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. Manufacturers of automotive, consumer products, electronics, food and beverage, industrial and life science products use QAD applications at approximately 6,100 licensed sites in more than 90 countries and in as many as 27 languages. For more information about QAD, telephone +1 805 684 6614, visit the QAD Web site at www.qad.com, or join the QAD Community.

"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. 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 software products and products that operate with the company's products; the company's ability to sustain license and service demand; the company's ability to leverage changes in technology; the company's ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; 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. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter's results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company's Annual Report on Form 10-K for fiscal 2008 ended January 31, 2008.



 
 


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