Manufacturers will learn the importance of strengthening supplier relationships to improve supply chain resiliency and better prepare for the challenges of tomorrow

JAKARTA, Indonesia, May 3, 2021 — QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, announced today that it has opened registration for its global thought stream event, QAD Tomorrow. QAD Tomorrow will stream on May 19, 2021, at 10 am (ICT).

"Global manufacturers continue to face ever-increasing and unprecedented disruption," said QAD CEO Anton Chilton. "Supply chains are brittle as evidenced by COVID-19’s impact. Integrated Supplier Management is a critical capability that can help a manufacturer reduce its supply chain risk while at the same time increase efficiency and agility. QAD Tomorrow attendees will hear from QAD customers as well as subject matter experts to learn how to identify the risks in their supply chains and supplier networks and prepare for the challenges caused by disruption."

Attendees can register for the event by visiting qad.com/tomorrow2021 beginning April 19. Registration is free and continues up until the event on May 19.

QAD Tomorrow will help manufacturers determine whether their supply chains are prepared to effectively deal with disruption through an online diagnostic provided after the event. Attendees will learn about the challenges manufacturers face, their root causes and the best practices for overcoming them. Speakers will include QAD CEO Anton Chilton, other QAD executives and QAD customers. For the latest QAD Tomorrow news follow #QADTomorrow on social media.

QAD Tomorrow debuted in 2020, focusing on the disruption in manufacturing and the imperative for manufacturers to digitally transform their businesses.

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

Founded in 1979 and headquartered in Santa Barbara, California, QAD has 30 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions, including enterprise resource planning (ERP), digital supply chain planning (DSCP), global trade and transportation execution (GTTE), quality management system (QMS) and strategic sourcing and supplier management, to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +6221 3973 8908. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.

"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, 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.

Contacts

QAD Inc.
Scott Matulis
Public Relations
818-451-8918
publicrelations@qad.com
or
Evan Quinn
Analyst Relations
617-869-7335
industryanalyst@qad.com

Related Links :

http://www.qad.com