SANTA BARBARA, Calif. — October 14, 2015 — QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturing companies, announced today that Alkor Draka, part of Group Vulcalux, has chosen to deploy QAD Cloud ERP. Alkor Draka, a leading manufacturer of PVC plastic film based in the Netherlands, is celebrating its 50th year in business. Alkor Draka based its decision to select QAD Cloud ERP on the need to lower risks, ensure services levels and establish a core ERP solution to optimize business alignment for Alkor Draka’s future.
"We had already decided to upgrade our ERP to benefit from technology advancements and richer features, particularly in the financials area,” said Rubens Leite, CFO at Group Vulcalux. “When we looked closer, however, we saw that QAD Cloud ERP adds further value by reducing the impact on IT through fewer customizations, enabling us to more quickly adopt new features and helping align the business to more quickly take advantage of future business opportunities.”
QAD Cloud ERP is a full-featured ERP with extensive multi-GAAP and internationalization capabilities. QAD Cloud also runs other cloud applications including QAD Cloud EDI, QAD Cloud DSCP (demand and supply chain planning), QAD Cloud QMS (quality management system), QAD Cloud TMS (transportation management system), QAD Supplier Portal and others. QAD Cloud ERP scales effortlessly to thousands of users. The associated development and support processes are ISO 9001:2008 certified, data centers are SSAE 16 compliant and support is available 24x7x365 globally in all major languages, staffed by QAD personnel.
"We are pleased that Alkor Draka has decided to deploy QAD Cloud ERP to support its future,” said J.C. Walravens, Senior Vice President of QAD EMEA (Europe, Middle East and Africa). “We are confident that Alkor Draka will quickly enjoy the exceptional service levels, support and flexibility of QAD Cloud ERP, as have many other customers around the world.”
About Alkor Draka – Group Vulcalux
Alkor Draka is one of the leading producers of technical PVC plastic films. With operations in the Netherlands, France and Italy, our products are sold globally and cover various markets such as screens for cinema, nuclear films, coat, packing, floor, pool, decoration, tapes and stationery. We develop high quality films meeting the needs of a broad range of industries around the world. Our mission at Alkor Draka and Group Vulcalux is to exceed our customers’ expectations by providing the finest quality films and excellent global service. We do this with passion, creativity, social responsibility and our longstanding experience. For more information, please visit www.alkordraka.com.
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 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, 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 Enterprise Applications is offered in flexible deployment models in the cloud, on-premise, or in a blended environment. 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, call +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.
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 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.