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QAD’s Adaptive UX Earns Verified Standard Status

Veracode Verified status emphasizes QAD’s commitment to software security

SANTA BARBARA, Calif. -- December 20, 2019 -- QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB) a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced its participation in Veracode Verified, a program that validates a company’s secure software development processes, and that the security layer of QAD’s Adaptive UX has earned Verified Standard status. The newly achieved status from a leading provider in application security demonstrates QAD’s commitment to developing secure solutions.

When purchasing software, customers and prospects need to understand the software’s level of security. Being a part of the Veracode Verified program certifies that QAD’s software meets a high standard of application security, reducing risk for the customer.

"QAD Adaptive ERP has been designed with application security as a guiding principle from the very beginning,” said QAD Chief Technology Officer Tony Winter. “Our most recent certification from Veracode’s industry-leading security testing reaffirms QAD’s commitment to providing our customers and partners with the most secure products available on the market today."

Organizations that have their secure development practice validated, and their application accepted into the Standard Tier, demonstrate that the following security steps have been implemented into their software development practice:

  • First-party code scans with static analysis
  • Documents that the application does not allow Very High flaws in first-party code
  • Provides developers with remediation guidance when new flaws are introduced

“QAD is committed to operating with a security-first mindset in development and to deliver secure code to help organizations reduce the risk of a major security breach,” said Asha May, Director of Customer Engagement at Veracode. “Companies that invest in secure coding processes and follow our protocol for a mature application security program are able to deliver more confidence to customers who deploy their software.”

QAD’s Adaptive UX provides manufacturers with a flexible and device-independent user experience that supports personalization for each role, activity and user. Users of QAD Adaptive ERP and other QAD Adaptive Applications use the Adaptive UX to simplify and speed up task completion and to ensure decision-makers have access to analytics-based insight. Adaptive UX also includes select native mobile applications for QAD Adaptive ERP and the ability to meet new user interface requirements as they emerge. Users can easily personalize their experiences, in terms of menus, fields and other UX attributes. Each user’s login security determines, based on role, which menus and “Action Centers” the user can access. Users can have more than a single role and can modify roles.

About QAD – The Effective Enterprise

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.

Contacts

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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