QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services for global manufacturers, today released the latest version of the QAD Learning Center. The QAD Learning Center delivers a comprehensive range of online training on QAD Enterprise Applications, complete with a learning management system to track individuals’ completion. New with this release, the Learning Center leverages recommendations by QAD founder Pam Lopker for relevant training and feedback from other QAD customers to help individuals choose the most effective learning path. “A common challenge in all organizations is knowledge and skills attrition,” said Bernadette Bagley, director of education for QAD. “People change roles, leave the organization or just forget critical capabilities. At QAD, we focus on helping our customers maintain peak effectiveness through online training. Recent customer feedback drove the addition of role-based training and peer recommendations which provide guidance while simultaneously allowing users to personalize their learning experience.” QAD Learning – Your Way, Your Pace The QAD Learning Center is the one-stop destination for all QAD training materials including more than 100 online courses and 70 training guides.
- View training recommendations by job role, then pick and choose courses to create a customized learning plan
- Access the latest training guides
- Connect to virtual training environments to work directly with QAD Enterprise Applications
- Learn at your own pace, omitting or repeating activities as desired
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.