SANTA BARBARA, CA — December 10, 2013 — As part of its global services offerings, QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise resource planning (ERP) solutions for manufacturers worldwide, today announced enhancements to the QAD Learning Center making it even easier for customers to administer their enterprise-wide training on QAD systems. The QAD Learning Center consists of 1300+ pieces of multimedia training materials on QAD Enterprise Applications and provides a full strength learning management system enabling companies to set up training plans for their employees and monitor progress. In addition to online training courses, QAD offers classroom training sessions around the world as well as custom on-site training.
Recent enhancements to the QAD Learning Center offer customers and partners direct access to a comprehensive range of online training courses on QAD Enterprise Applications. Companies can name an administrator to view and assign training recommendations for employees by job role, and keep records of individual and group completion all via the QAD Learning Center. In addition, users can connect to virtual training environments to work directly with QAD Enterprise Applications. Companies can validate a user’s knowledge or manage team mastery of QAD product functionality through product certification exams.
QAD Learning Center Supports Industry Requirements for Mandatory Employee Training
“Companies today must make sure their employees are adequately trained,” said Bernadette Bagley, director of education for QAD. “In some cases, this is a legislative requirement like in the Life Sciences manufacturing industries. We have enhanced the QAD Learning Center with simpler usability and new tools like the designated administrator program that make it easier for companies to ensure their QAD users are well trained and performing at their best.”
The QAD Learning Center offers a full suite of more than 1300 online courses and work instructions, the latest training guides and smart selection tools that provide guidance on recommended training for specific roles, skills and knowledge. The enhanced user interface makes it easy for a designated administrator to quickly set up assignments, run reports and export training transcript data for further review.
The QAD Learning Center is complimentary to all customers on maintenance as well as channel and consulting partners. To request administrative access to the Learning Center simply send an email to education@qad.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 30 years, QAD has provided global manufacturing companies with 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 offers flexible deployment options like QAD On Premise software and QAD On Demand software-as-a-service. Customers can operate in a blended environment where some users can be deployed On Premise and some users deployed via On Demand while offering the same end-user experience. 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, telephone +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.
For additional information, contact:
Ashley DeVan
Sr. Director of Marketing Communications
QAD Inc.
+1 805 566 6126
ashley.devan@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. Words such as “expects”, “believes”, “anticipates”, “could”, “will likely result”, “estimates”, “intends”, “may”, “projects”, “should”, and variations of these words and similar expressions are intended to identify these forward looking statements. Forward-looking statements are based on the company’s current expectations and assumptions regarding its business, the economy and future conditions. 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, evolving demand for the company's software products and products that operate with the company's products; the company's ability to sustain license and service demand; the company's ability to leverage changes in technology; the company's ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; timely and effective integration of newly acquired businesses; general economic conditions; exchange rate fluctuations; and, the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter's results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company's Annual Report on Form 10-K for fiscal 2013 ended January 31, 2013, and in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission.