Sinbad Foods Goes Live with QAD Cloud ERP

SANTA BARBARA, Calif., Aug. 30, 2017 /PRNewswire/ -- QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services designed for global manufacturing companies, today announced that specialty baker Sinbad Foods, LLC has gone live with QAD Cloud ERP in its Madera, California headquarters.

Sinbad Foods is the largest producer of baklava in North America and also produces fillo dough, other fillo based pastries, frozen fillo appetizers and entrees (spanakopita, tyropita) and retail packaged pomegranate based frozen fruit mixes. Its products are sold through supermarkets, retail bakery outlets, club stores and gourmet and specialty stores. 

Before its acquisition by equity firm Evanston Partners in April 2017, the company, which was known as Rain Creek Baking Company, was a division of QAD customer Kronos Foods, Inc. As a division, it ran an older version of QAD Enterprise Applications, which it accessed via a server hosted in the Kronos office in Chicago. After being acquired by Evanston Partners, Sinbad needed an ERP solution that could be implemented quickly. Sinbad decided to implement QAD Cloud ERP for a number of reasons including QAD's food and beverage industry expertise and Sinbad employees' familiarity with the QAD software.  Deploying in the cloud made the transition easier and eliminated the need for involvement by Sinbad IT personnel.  Go live was achieved in under 30 days.

"The Sinbad Foods implementation illustrates QAD's commitment to and experience in the food and beverage vertical market and is a great example of how rapidly a customer can deploy their solution in the QAD Cloud," said Ed Boclair, QAD senior vice president, North America. "QAD gives Sinbad Foods a stable, reliable platform to run their operations and provides them with the ability to scale and keep pace with growth into the future."

"QAD solutions have a great reputation within the food and beverage industry," said Sinbad Foods Vice President, Finance Jeff Ellis.  "We face unique challenges in a marketplace that is constantly changing. It was important that we chose an ERP solution and partner that understood our challenges and unique market. Our goal is to master the artisanship of producing the highest quality dessert products possible, not to become systems experts.  QAD's Cloud ERP lets us focus on our business.  An added benefit was how quickly we were able to get QAD Cloud ERP up and running.  Being able to do so within 30 days was critical for us."

About Sinbad Foods

Sinbad Foods is the country's leading specialty baker of the Mediterranean delicacy baklava and many other sinfully delicious desserts. Our baklava varieties, nut tarts, macaroons and turtle shells are hand-crafted by our team of highly skilled artisan bakers. Our unique combination of old-world recipes and proprietary innovations allow us to keep our assortments of sweets consistently delicious and authentic.

We are located in the heart of California, surrounded by nut and fruit orchards and vineyards. We take pride in supporting our local economy by actively sourcing local suppliers for our ingredients whenever possible. All of our nuts, honey, eggs and dairy products arrive wholesome and fresh from local ranches and farmers. We produce our own fillo dough on site, guaranteeing our stringent quality standards are consistently met.

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 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, 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 Enterprise Applications is offered in flexible deployment models in the cloud, on-premise or in a blended environment. 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, call +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.

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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