SANTA BARBARA, Calif. & Kunming, China— November 14, 2013 — QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturers, opens its 2013 Greater China User Conference today at the InterContinental Hotel, Kunming, China. The conference will be attended by customers, partners and QAD employees.
QAD’s focus on global customer engagement has earned the company a strong presence across the region. In fact, the Automotive Edition of QAD Enterprise Applications has greater market share in China than any other enterprise resource planning (ERP) solution, according to IDC. “China is an important market for QAD,” said Pam Lopker, QAD president and founder. “I enjoy meeting with our customers in China each year and hearing about the many developments in their business. We also have a lot of new developments we’re looking forward to sharing with attendees.”
Arthur Yao, managing director of Greater China at QAD, will host this year’s conference. Mr. Yao will be welcoming customers, partners and QAD staff to the conference. QAD speakers will include Pam Lopker; Gordon Fleming, chief marketing officer; and Paul Henderson, vice president for the Asia Pacific region. Lopker will be sharing her strategic insights on manufacturing and the latest technology trends that enable manufacturers to become more Effective Enterprises. William Lee, senior analyst of IDC Asia Pacific, will be speaking about how mobility and the cloud impact manufacturing technology trends. In addition, there will be a variety of partners and customers on stage discussing topical issues affecting Chinese manufacturers.
Hands-On Training Fuels the Effective Enterprise
The conference also offers the opportunity for hands-on training. QAD business consultants will be facilitating two training workshops. One workshop focuses on developing a greater understanding of the full potential of Enterprise Financials, and another focuses on enterprise asset management for plant operations managers. Both of these sold-out workshops are designed to give attendees the tools they need to achieve measurable benefits in their businesses after the conference.
At the QAD Greater China User Conference, customers, partners and QAD executives and experts truly demonstrate the collective power of the QAD ecosystem. QAD manufacturing customers specializing in automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries will be present to discuss manufacturing trends and share best practices related to their respective industries.
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 30 years, QAD has provided global manufacturing companies with 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 offers flexible deployment options like QAD On Premise software and QAD On Demand software-as-a-service. Customers can operate in a blended environment where some users can be deployed On Premise and some users deployed via On Demand while offering the same end-user experience. 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, telephone +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.
For additional information, contact:
Sr. Director of Marketing Communications
+1 805 566 6126
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. Words such as “expects”, “believes”, “anticipates”, “could”, “will likely result”, “estimates”, “intends”, “may”, “projects”, “should”, and variations of these words and similar expressions are intended to identify these forward looking statements. Forward-looking statements are based on the company’s current expectations and assumptions regarding its business, the economy and future conditions. 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 2013 ended January 31, 2013, and in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission.