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QAD Automotive Director Terry Onica Included in Supply & Demand Chain Executive’s First Women in Supply Chain Award

Leading B2B Publication Releases Annual List of the Supply Chain’s Top Female Professionals

SANTA BARBARA, Calif. -- September 24, 2020 -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, announced that Automotive Director Terry Onica has been included in Supply & Demand Chain Executive magazine's inaugural Women in Supply Chain Award.

“I am proud to be included in Supply & Demand Chain Executive’s first listing of the top women in the supply chain,” said Onica. “The current business climate has forced companies to react and adapt quickly and nowhere can these changes be felt more than in their supply chains. Manufacturers, including QAD customers, have had to pivot to find new suppliers, new markets and, in some cases, new ways of doing business. Supply chain professionals have their hands full, but the winners of this award, and the industry as a whole, have risen to the challenge.”

The Women in Supply Chain award honors female supply chain leaders and executives whose accomplishments, mentorship and examples set a foundation for women in all levels of a company’s supply chain network. Supply & Demand Chain Executive, the only magazine in the supply chain industry covering the entire global supply chain that focuses on ROI, professional development and change management, announced the new award as part of its 20-Year Anniversary celebration.

“We received over 200 entries for this new award, entries submitted from a combination of men and women. This proves that our industry needed an award like this, especially in conjunction with Supply & Demand Chain Executive’s 20-year anniversary,” said Marina Mayer, editor-in-chief of Supply & Demand Chain Executive and Food Logistics. “According to Gartner’s 2020 Women in Supply Chain Survey, 17% of chief supply chain officers are now women – a 6% increase compared to 2019. It’s a great time to be a part of the supply chain industry. So, congratulations to these top female leaders. I look forward to seeing what else you do to grow the supply chain industry.”

Onica has global responsibility for the automotive vertical at QAD. She has won many automotive industry awards including Crain's Detroit Women in Technology and the Stevie Bronze Award for Women in Technology. She publishes articles for industry trade publications and speaks around the world on supply chain topics. After earning her certificate from AIAG/Wayne State in Purchasing and Supply Chain she became an instructor in that program and a third-year mentor helping first-generation students and their families.

Most recently, Onica received recognition for the Operational Restart Checklist for the Automotive Supply Chain, which she wrote with Quistem’s Cathy Fisher. The checklist was featured in Industry WeekAutobeat Daily and Automotive News and in an on-demand webinar provided by Automotive Industry Action Group (AIAG). Onica and Fisher also gave a series of global webinars discussing the checklist that have been attended by more than 2,000 people to date.

The full list of Supply & Demand Chain Executive’s 2020 Women in Supply Chain winners can be found on the magazine’s website at www.sdcexec.com.The 2020 Women in Supply Chain award will appear in SDCE’s September issue.

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Go to www.SDCExec.com.

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. To survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

Founded in 1979 and headquartered in Santa Barbara, California, QAD has 29 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain planning (DSCP), global trade and transportation execution (GTTE) and quality management system (QMS) to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +1 805-566-6100. Find us on TwitterLinkedInFacebookInstagram and Pinterest.

"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 the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; 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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