QAD Announces Latest Edition of QAD Enterprise Applications
September 21 2010 - 11:06AM
Business Wire
QAD Inc. (NASDAQ: QADI), a leading provider of enterprise
software and services for global manufacturers, today announced
general availability of QAD Enterprise Applications 2010.1
Enterprise Edition (QAD 2010.1 EE), the latest release of its
enterprise resource planning (ERP) suite optimized to help global
manufacturers operate more efficiently.
QAD has worked closely with customers in multiple industries and
vertical markets to identify the focus for this release. The
resulting solution offers greater visibility, faster functionality
and better usability across the entire QAD Enterprise Applications
suite, with particular emphasis on areas including Business
Intelligence, Fixed Assets, Warehouse Management, Enterprise Asset
Management, Customer Management, and Supply Chain Portal.
“QAD aims to help manufacturers operate at peak efficiency. We
believe this release will significantly assist in achieving that
goal,” explained Pam Lopker, president and founder of QAD. “We
added and improved many features providing greater visibility and
better usability throughout the entire application. We’ve taken
further strides in simplifying deployment with QAD 2010.1 and offer
both On Demand and On Premise delivery options.”
More Visibility
To support their efficiency initiatives, manufacturers rely on
accurate and timely data. In this release, QAD debuts Business
Intelligence, with redesigned analytic capability. This, combined
with expanded operational metrics and dashboards, allows real-time
visibility of all data across the entire application.
QAD Process Maps enable users to navigate through graphical
views of a company’s business model before drilling down into
specific workflows, processes, or software functions. With links to
other programs, browses, documentation and maps, this capability
facilitates better user performance and the adoption of
standardized best practices.
With enhancements to the Fixed Assets module, companies can
better manage and account for assets from purchase to
retirement.
Faster Deployment and Functionality
As manufacturers operate in the current economic environment,
they need to respond rapidly to change. QAD 2010.1 gives them the
flexibility and power to adapt. On Demand software delivery, task
and process automation, streamlined compliance and reporting, and
instant messaging and alerts, are just a few of the new
enhancements providing manufacturers with faster access to
functionality. Additional enhancements to QAD’s Warehouse
Management System and Enterprise Asset Management modules help
increase lean and efficient production across their entire
organization.
Better Usability
QAD has further enhanced its market leading user interface to
enable greater personal productivity with role-based functionality.
The latest upgrades to QAD’s Customer Management module enable
manufacturers to manage their shipping and order management
operations more efficiently and respond to customer needs more
quickly. Lastly, QAD 2010.1 further delivers innovation and
features deployment independence with its On Premise and On Demand
delivery options.
QAD Supply Chain Portal (previously known as Supply
Visualization) is QAD’s On Demand supplier collaboration portal,
allowing companies to share real-time visibility of demand with
their suppliers and receive real-time visibility of suppliers’
response.
QAD will debut the QAD 2010.1
Advantage webcast on September 28 at 8 am PDT. QAD President
and Founder Pam Lopker will discuss the enhancement details of QAD
2010.1. QAD CEO Karl Lopker, QAD Senior Vice President of Research
and Development Bill Keese, and QAD Chief Marketing Officer Gordon
Fleming will also present. This webinar will be accessible online
any time following its initial broadcast. Register for the webcast
today.
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
science 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. 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 2010 ended January 31, 2010.
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