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Scott Matulis
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publicrelations@qad.com

QAD Announces Customer Award Winners at QAD Explore 2016

CHICAGO — May 4, 2016 — QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) a leading provider of enterprise software and services designed for global manufacturing companies, today announced the winners of its annual QAD Customer Awards, recognizing outstanding companies leveraging QAD technology to become Effective Enterprises. The awards were presented at the QAD Explore 2016 customer conference which runs through May 5, 2016 at the Chicago Hilton.

Each year, QAD recognizes visionary customers who implement QAD solutions to become Effective Enterprises with all business processes running at peak efficiency and aligned to the company’s strategic goals. The winning companies leverage the power of QAD software to drive innovation, meet quality standards and evolve with market conditions.

List of Award Categories and Winners

  • QAD Visionary: Recognizes the company that realizes its vision and transforms its organization in a significant way through the use of new technology from QAD.

Winner: Using QAD Cloud ERP, Laerdal increased information visibility and freed management attention so it could focus on the company’s vision of saving lives.

  • QAD DSCP Customer of the Year: Recognizes the most effective deployment of QAD DSCP (Demand and Supply Chain Planning).

Winner: Saint-Gobain achieved nearly 90% forecast accuracy within 4 months using QAD DSCP.

  • QAD EAM Customer of the Year: Recognizes the customer who most successfully used QAD EAM (Enterprise Asset Management) to improve its business processes.

Winner: Alex Products implemented QAD EAM as well as QAD Enterprise Financials, QAD Manufacturing, QAD Distribution Planning, QAD EDI eCommerce, QAD Distribution Requirements Planning and Automated Data Collection at six sites in just eight months.

  • Best Rapid Achiever: Recognizes a customer that achieved significant business value by deploying QAD Enterprise Applications.

Winner: Second Sight Medical Products, Inc. used QAD's Easy On Boarding methodology to upgrade from 2009 SE to 2015 EE in just six weeks.

  • QAD Enterprise Applications Upgrade Customer of the Year: Recognizes a customer who used QAD tools to upgrade and take advantage of all that QAD has to offer.

Winner: Using QAD's Plan Q-Scan assessment, Lasko Products, Inc. improved key planning processes, practices and areas following industry best practices resulting in improved forecast accuracy and reduced excess inventory.

  • QAD Customer Development Partner of the Year: Recognizes a customer who worked on joint development projects that will enhance the effectiveness of QAD Enterprise Applications for all customers.

Winner: Hendrickson International worked with QAD to create the QAD Automation Solutions product and incorporated it into its global core model during the early adopter phase.

  • QAD Cloud ERP Customer of the Year - Auto: Recognizes a QAD automotive customer who converted to QAD Cloud ERP and helped demonstrate the benefits of a cloud strategy.

Winner: L&W Group upgraded 16 plants in 15 months, moving more than 900 users from a character-based interface to QAD.NET UI.

  • QAD Cloud ERP Customer of the Year - Life Sciences: Recognizes a QAD life sciences customer who converted to QAD Cloud ERP and helped demonstrate the benefits of a cloud strategy.

Winner: Entellus Medical successfully implemented QAD cloud ERP, including a fully-qualified environment, during its first year as a publicly traded company. Using QAD supports the company’s growth as it expands into international markets.

  • QAD Customer Evangelist: Recognizes a customer who has used and promoted QAD products on a consistent, global basis.

Winner: Nexteer Automotive has consistently been on the leading edge when it comes to using QAD products. This year they implemented QAD at their Saginaw plant, which covers more than one square mile and includes six distinct manufacturing plants. Nexteer was able to eliminate highly-customized legacy systems while streamlining its manufacturing and IT operations.

  • Global Commitment Award: Recognizes a customer who has shown a global commitment to QAD.

Winner: Coorstek, Inc. is using 2015 EE or upgrading to it in 45 locations around the world. They are also implementing QAD QMS. They have incorporated numerous QAD products into their global core model, and last year were able to implement eight fully-qualified medical device sites in the cloud in under 14 months.

“Our customers are crucial to our company’s success,” said Pam Lopker, President and Chairman, QAD. “We work tirelessly with each one to help them become Effective Enterprises, with every business process aligned to their business goals. Our annual QAD Customer Award winners reflect the hard work these great organizations are doing and QAD is pleased to be a partner in their success.”

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.

Contacts
QAD Inc.
Scott Matulis, 818-451-8918
Public Relations
publicrelations@qad.com
or
Evan Quinn, 617-869-7335
Analyst Relations
industryanalyst@qad.com

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.

 

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