Global on Demand: International Component Corporation is Charged up over Successful QAD Enterprise Applications Upgrade

QAD On Demand Deployment Helps Leading Power Supply Manufacturer Better Manage Technical Resources

SANTA BARBARA, Calif.--(BUSINESS WIRE)-- QAD Inc. (NASDAQ:QADI - News), a leading provider of enterprise software and services for global manufacturers, announced today that International Components Corporation (ICC), a global manufacturer of rechargeable power supplies and battery systems for portable applications, has successfully completed a major upgrade, on time and on budget, to QAD Enterprise Applications On Demand.

ICC manages complex programs from design to production, creating innovative power solutions for portable devices for use in the medical, communications, data server and storage, handheld data and consumer electronics markets, and provides full in-house design, tooling and test capabilities.

With near-term plans for corporate expansion, but limited IT resources, ICC turned to QAD to provide a solution that would help the company transition and grow its business without the need for additional IT investment, and would relieve its staff from the system implementation and day-to-day maintenance responsibilities. Leveraging the expertise of QAD software and its services, ICC upgraded to QAD Enterprise Applications On Demand from its existing QAD On Premise solution.

“As we examine our growth strategy, we anticipate some changes to our manufacturing requirements in the coming months,” explained Joe Italiano, chief financial officer at ICC. “QAD Enterprise Applications provides us the functionality, support and global expansion capabilities we require to support our growth. Whether we’re adding a new building, adding users or adapting to changing regulations, we now can adapt on the fly.”

Deployed as a Software as a Service (SaaS), QAD On Demand enables ICC to simplify the management of QAD Enterprise Applications while reducing its total cost of ownership and stress on its in-house IT management.

As a global company with facilities in Europe, Asia, and North America, ICC also recognized that deploying QAD Enterprise Applications On Demand would provide the organization a far greater cost benefit than installing the system redundancies it would require to ensure 24/7 uptime, connectivity speeds and performance, and maintain software upgrades and maintenance at its U.S.-based headquarters in Chicago.

“QAD On Demand was a great choice for us,” said Chris Hogrefe, global network administrator at ICC. “We don’t want to be worrying about our hardware or whether our software backups or upgrades are getting done. We needed the infrastructure, maintenance and expertise that only QAD, as a specialized solutions provider, can ensure.”

By year-end, ICC anticipates completing additional QAD Enterprise Applications On Demand upgrades at its United Kingdom and Germany operations.

About International Component Corporation

Founded in 1967, ICC is an established global developer and manufacturer of innovative power solutions for portable applications. The company continues to lead the industry with expertise in designing and manufacturing rechargeable battery solutions, custom chargers, docking stations, and highly efficient power supplies marketed under the Elpac Power Systems brand name. ICC is committed to providing high quality, technologically advanced solutions to its partners in the medical, communications, data server and storage, handheld data, and consumer electronic markets.

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 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. 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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