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DDK (Thailand) Ltd. Selects QAD Adaptive ERP

SANTA BARBARA, Calif. -- July 11, 2019 -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies announced today that DDK (Thailand) Ltd. will upgrade its ERP to QAD Adaptive ERP in facilities in Thailand, China and Vietnam.

“We are excited that a longtime customer in the Asia Pacific region has decided to move to QAD Adaptive ERP,” said QAD Senior Vice President, Asia Pacific Stefan deHaar. “The pace of change has increased for manufacturers, and we design our solutions to enable customers to react quickly to that change and turn it into a business advantage. With QAD Adaptive ERP, DDK (Thailand) Ltd. will have a scalable, adaptable platform to build on for the future.”

DDK (Thailand) Ltd. manufactures rectangular connectors, printed circuit board connectors, flat cable connectors, modular connectors, FFC/FPC connectors, coaxial connectors, terminal blocks and other fine pitch connectors designed and developed by DDK Thailand and DDK Ltd. in Japan.

DDK (Thailand) Ltd. began using QAD ERP in 2000. DDK Thailand hoped to improve its business processes through a move to QAD Adaptive ERP, letting QAD manage their ERP in the cloud. QAD Adaptive ERP is powered by the QAD Enterprise Platform, which DDK Thailand hopes will allow it to extend and adapt the software to meet its ever-changing business needs while also eliminating the need for customizations. QAD Adaptive ERP will also help DDK Thailand meet evolving industry requirements, including IATF 16949 for the automotive and medical device industries.

In addition to implementing QAD Adaptive ERP, DDK Thailand will also begin using QAD Automation Solutions to align its business systems to its material processes. QAD Automation Solutions data collection and label printing functionality will help DDK Thailand ensure inventory accuracy through process compliance.

“We have had a great experience working with the QAD Team,” said DDK Thailand General Manager Thammarat Watthanabut. “They really pay attention to our needs and offer great advice for our business. They are always quick to address challenges and coach our team on how to best utilize their application. The QAD Team provides excellent advice and support when it is needed most.”

About QAD

QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Adaptive ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech, industrial manufacturing and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.

To learn more, visit www.qad.com or call +1 805-566-6000.

"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.

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QAD Inc. 
Scott Matulis 
Public Relations 
818-451-8918 
publicrelations@qad.com 

or 

Evan Quinn 
Analyst Relations 
617-869-7335 
industryanalyst@qad.com

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