PICS' DocLib Named Complementary Solution for QAD Customers

MOUNT HOLLY, N.J. & SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc. (NASDAQ:QADI - News), a leading provider of enterprise applications for global manufacturers, and PICS, a long-standing QAD Alliance Partner, today announced an expanded relationship to offer PICS’ DocLib as an enterprise document management solution for QAD Enterprise Applications.

Developed by PICS in 2001, DocLib has been integrated into enterprise businesses across North America by allowing storage of existing and legacy documents, creating structured approval processes, and automatically generating QAD transactions. As a complementary solution, QAD will offer DocLib’s complete document management system as part of its QAD Enterprise Applications.

“We are very excited about the cost savings and quick payback our customers will achieve by combining DocLib with QAD Enterprise Applications,” said Tim Rabaut, PICS Director of Sales & Marketing. “As we continue to write the future of enterprise document management, this move also further solidifies our partnership with QAD to offer best-in-breed integrated services to efficiency-minded business customers.”

When integrating with DocLib, QAD customers can now streamline their business processes via DocLib’s enterprise-wide, electronic, automated, workflow-enabled systems. This automation reduces manual intervention and ultimately lowers operating costs. In addition, PICS provides complete technical, installation and training support for all QAD users integrating DocLib into their business process.

“Our customers are facing continued pressure to contain costs and improve the bottom line,” said Craig McKay, Senior Director, Alliances for QAD. “By partnering with PICS, we can now offer a more comprehensive series of business solutions, including document and process management software that is integrated with QAD. This partnership provides our customers with new ways to reduce costs and extend the value of their investment in our ERP platforms.”

About PICS

PICS is a premier provider of QAD Enterprise Applications consulting services, providing innovative solutions to QAD customers for more than 14 years. As a QAD Global Service Alliance Partner with offices and consultants located throughout the United States, PICS also offers a broad range of QAD complementary software including: Enterprise Document Management, Forms Processing, System Monitoring, Batch Scheduling and General Ledger Chart of Accounts Conversion. In addition, PICS provides IT Management and a full range of Internet Services. Contact PICS at 1-888-767-2667 or http://www.pics.com.

About QAD

QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life science products. 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. For more information about QAD, telephone +1 805-566-6000, or visit the QAD web site at http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.qad.com&esheet=6335854&lan=en-US&anchor=www.qad.com&index=6&md5=d588594c7e182490ee99019f2887c9f9.

"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 2010 ended January 31, 2010.

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