QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB), a leading provider of enterprise business software and services for global manufacturers, today announced its annual Explore 2012 South Asia Global Customer Conference will take place on November 6 at the Centara Grand Hotel in Bangkok, Thailand. QAD Explore is the conference designed exclusively for global manufacturers. Attendees gain insight into leading-edge strategies for manufacturers, while benefiting from learning and networking opportunities alongside peer companies. QAD Explore affords an opportunity to discover the latest capabilities offered by QAD to users of QAD Enterprise Applications. In the opening keynotes, QAD founder and president, Pam Lopker, QAD chief marketing officer, Gordon Fleming, and QAD senior vice president, Global Services, Anton Chilton, will review the latest developments in the QAD software product suite. They will also announce new customer engagement initiatives. Gordon Fleming will keynote on the impact of global economic factors on manufacturing. He will discuss the QAD leadership vision of helping every customer become a more Effective Enterprise, where their every business process works at peak efficiency and is perfectly aligned with their strategic goals. Pam Lopker will deliver a keynote address featuring QAD technology plan to help customers reach the Effective Enterprise vision. She will focus on the QAD product architecture, usability, analytics and global reach. Lopker will preview new mobile applications including global requisition system (GRS), and product enhancements such as social features, enhanced metrics history analytics, new business intelligence modules, demand planning, and business process automation. She will review the latest release of QAD Enterprise Applications 2012.1 – QAD core Enterprise Resource Planning suite that delivers full-strength ERP available in a blended deployment of QAD On Demand, a public cloud deployment model and QAD On Premise. Anton Chilton will deliver a keynote address on essential tools and solutions provided by QAD to help customers reach the Effective Enterprise. Chilton will review QAD Easy On-Boarding, a new methodology to enable customers to implement QAD solutions quicker and easier than ever before. He will announce an expanded QAD partner network and new product certification guidelines for customers. “We are pleased to be hosting QAD Explore 2012 South Asia in Bangkok this year,” said Pam Lopker. “It’s exciting to showcase new technology and solutions to help our customers achieve their business goals, and to reach the Effective Enterprise — as well as catch up with old friends.” QAD Explore 2012 South Asia takes place on November 6, 2012; to learn more, visit http://e.qad.com/2012_THExplore/Main/ About QAD QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, 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.