QAD Channel Islands Becomes Generally Available in September 2018

DALLAS, May 9, 2018 /PRNewswire/ -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced that its Channel Islands User Experience will be generally available in September 2018. QAD made the announcement at the QAD Explore 2018 customer conference in Dallas, Texas.

The Channel Islands Initiative debuted in September 2015 as a four-phase program. It transforms the architecture and user experience of QAD Cloud ERP and other QAD solutions to improve business outcomes through more effective users, processes and decision making. Named after a group of islands visible from QAD's Santa Barbara, California headquarters, Channel Islands allows users to run anywhere, anytime and on any device with a modern browser. In addition to providing a simple, intuitive and flexible UX, Channel Islands optimizes the way tasks are performed by allowing individual users and organizations to personalize their user experiences based on preference and best practices.

"Manufacturers need an agile ERP system that allows them to easily adapt their business processes to meet the demands of changing markets," said Bill Keese, QAD senior vice president, R&D. "We built Channel Islands specifically for the cloud using HTML5 and RESTful API services to give our customers the ability to personalize and extend the software to adapt to changing business needs. With it, QAD Cloud ERP is a full-functioned ERP solution with no footprint on the client."

Channel Islands is built on the QAD Enterprise Platform, an agile, next-generation platform that allows customers to expand QAD Cloud ERP's functionality through personalization and the ability to extend and create new apps without writing code. The QAD Enterprise Platform debuted last year and lets manufacturers rapidly adapt to change and exploit new technologies, enabling their business processes to stay aligned with a rapidly evolving business environment.

"Manufacturers are determining how to leverage a wide range of advanced technologies including IoT, digital twin, artificial intelligence, blockchain, augmented reality and 3D printing, under the umbrella of Industry 4.0, for competitive advantage," said QAD President and Chairman, Pam Lopker. "With the QAD Enterprise Platform, we can provide our customers with innovative services and capabilities based on new technologies that they can rapidly adopt."

Explore is QAD's largest annual event where customers, partners, sponsors and QAD experts come together for a week of informative sessions, hands-on training, manufacturing industry-specific presentations and networking. The agenda provides updates on key trends in manufacturing, strategic developments in the industries QAD serves and information on new solution developments. Attendees will hear from over 75 speakers, including QAD executives and customers.

For the latest updates on QAD Explore 2018, follow @QAD_Community on Twitter and join the conversation with #QADExplore.

About QAD – The Effective Enterprise
QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Cloud ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation and global trade management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech, industrial manufacturing and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.

To learn more, visit https://www.qad.com or call +1 805-566-6000.

"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.

Contacts:

QAD Inc.
Scott Matulis
Public Relations
818-451-8918
[email protected]

or

Evan Quinn
Analyst Relations
617-869-7335
[email protected]

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 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.

SOURCE QAD Inc.

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