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Media Contact:

Scott Matulis
+1 818 451 8918
publicrelations@qad.com

Scosche Industries Goes Live With QAD Cloud ERP and QAD Cloud BI

QAD announced that Scosche Industries has gone live with QAD Cloud ERP to help manage its growth, improve inventory management and support product development.

SANTA BARBARA, Calif. — December 14, 2016 — QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services designed for global manufacturing companies, today announced that Scosche Industries has gone live with QAD Cloud ERP to help manage its growth, improve inventory management and support product development. Scosche also implemented the latest version of QAD Cloud Business Intelligence (BI) to enhance its planning process.

SCOSCHE Industries is an ongoing award-winning innovator of consumer technology and car audio products and accessories. The company sells directly to consumers through its website and through major retailers under the Scosche brand name with an array of well-known product brands like MagicMount™ the #1 Mount Brand in the U.S., BoomBottle®, EFX® Sound System Hardware, Rhythm+™, and more. Because of the breadth of its business, Scosche requires excellent inventory management and must constantly innovate in a marketplace whose growth is driven by continuous product and process innovation. In addition, the company strives to increase sales and margins while reducing inventory, transportation costs and purchasing costs.

Scosche has used QAD ERP solutions since 1990. To meet its business goals, Scosche decided to migrate from on-premise to QAD Cloud ERP with the help of specialists from QAD.

“Our users are thrilled by the end results,” said Scosche Director of Information Technology Michael Amaladhas. “This project has helped increase the productivity and the efficiency of everyone at the company who uses QAD. Our new cloud ERP runs faster and delivers critical information quickly and accurately. The feedback I have received about the new QAD Cloud BI is that it’s incredible. Usually with a project of this size we hear complaints, but in this case we have only heard praise.”

By implementing the QAD solutions in the cloud, Scosche receives a number of benefits including:

  • The company’s IT team now has time to manage and drive higher priority projects.
  • Improved insight into critical business processes and the ability to fine-tune those processes.
  • Predictable monthly costs associated with cloud subscriptions.
  • Reliable data backup stored in the cloud.

“We have had a strong relationship with Scosche for years and that relationship was an important factor in Scosche’s decision to move to the cloud,” said Ed Boclair, QAD senior vice president of North America. “QAD Cloud ERP allows Scosche IT to focus on strategic application implementations instead of maintaining ERP. It also enables Scosche to expedite automation improvements and decrease their business automation time to market.”

About SCOSCHE (pronounced skōsh):
Founded in 1980, SCOSCHE Industries is an award-winning innovator of consumer technology and car audio products -committed to delivering superior product quality, exceptional value and unmatched customer service. The designers and engineers at SCOSCHE develop products that reflect a rich heritage in audio and mobile technologies. SCOSCHE finds inspiration in the California lifestyle, culture, music and people. These influences can be seen in the accessories and products that are now in the hands, homes, offices and vehicles of people in over 50 countries. With over 100 patents/trademarks and countless industry awards received, it is easy to see why SCOSCHE is consistently at the forefront of technology and innovation. For more information, visit scosche.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.

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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