QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturers, announced today it has honored nine customers and five partners for their commitment to QAD innovation during an awards ceremony at the QAD Explore 2012 Customer Conference at the Hilton Atlanta hotel in Atlanta, Georgia, being held May 7–10, 2012.
QAD’s awards recognize partners’ and customers’ outstanding use of QAD technology and solutions. The awards honor companies for achievements in their businesses that align with the Effective Enterprise, QAD’s vision for global manufacturers, where their every business process works at peak efficiency and is perfectly aligned with their strategic goals.
“We are very proud to honor this year’s award recipients,” said Pam Lopker, QAD president and founder. “These companies are at the forefront of technology adoption and are true innovators, epitomizing the Effective Enterprise. Our annual awards are a great opportunity for us to recognize achievements within the QAD community.”
QAD presented its fiscal year 2012 awards in the following categories to the following companies:
QAD Visionary – Elzbieta Wlodarska, of FoodCare Sp. z o.o., for leading the company’s implementation of QAD Warehousing across multiple sites helping to support the company’s business growth throughout Europe.
Exceptional Deployment, Enterprise Edition – CRANE ChemPharma Flow Solutions for the effective and rapid deployment of QAD Enterprise Edition at multiple sites throughout Europe.
Exceptional Deployment, QAD On Demand – Nexteer Automotive for a highly successful QAD On Demand deployment to manage their global manufacturing enterprise.
QAD Joint Development – Hendrickson International for their effective collaboration with QAD in delivering innovative capabilities to support their global warranty management solution.
Rapid Achiever – GEA Technika Cieplna, CoorsTek, Delphi Automotive Systems Group, Lear-Mexico, and Columbian Chemicals for their demonstrated speed in deploying a QAD solution (module or suite).
Additionally, QAD applauded its collective eco-system of valued QAD partners for their overall contributions in extending the QAD brand and value across the globe, and bestowed distinctive honors to the following organizations:
North American Channel Partner of the Year – Strategic Information Systems in recognition of outstanding sales performance during fiscal year 2012.
Solution Partner of the Year – Cebos Ltd., in recognition of support of QAD customers using the Cebos MQ1 quality management software.
Technology Partner of the Year – Progress Software, a QAD partner since 1983, for working closely with QAD on development of QAD Business Process Management using new capabilities of Progress OpenEdge BPM.
Consulting Partner of the Year – BravePoint, a longstanding member of the QAD Partner Program, for their continued commitment to quality delivery and focus on consulting certification.
New Partner of the Year – Unicorn HRO, the newest addition to the QAD Partner Program, for delivering exceptional first year results with workforce management solutions for QAD customers.
QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer, electronics, food and beverage, industrial and life sciences products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. For more information about QAD, telephone +1 805-566-6000, or visit the QAD web site at 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.
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 2012 ended January 31, 2012, and in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission.
Ashley DeVan, +1 805-566-6126
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