QAD Opens Registration for Explore 2011 Customer Conference
QAD Global Customers Invited to Register Online for Explore 2011 to Be Held in San Antonio, Texas, USA on May 9
SANTA BARBARA, Calif. (February 01, 2011) – QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB), a leading provider of enterprise software and services for global manufacturing companies, announced today it has opened registration online at www.qad.com/explore for its QAD Explore 2011 Customer Conference, to be held May 9
QAD Explore 2011 is a four-day educational and networking event providing QAD customers, partners, vendors, consultants, analysts and the media an exclusive preview of QAD’s product roadmap, including the launch of QAD Enterprise Applications 2011 and other major new product unveilings. It’s also an opportunity for attendees to see dozens of QAD’s and its partners’ product demonstrations, workshops and presentations.
QAD CEO Karl Lopker will provide a keynote address on the company’s strategic direction and state of the business, while founder and President Pam Lopker will share QAD’s vision for the future, new product development plans and how the company is transforming manufacturing and supply chain challenges into operational advancements through technology and business processes innovation.
Aberdeen Group Research Director Kevin Prouty will offer insights on Cloud Computing for ERP and how QAD’s Software as a Service (SaaS) delivery model QAD On Demand, is impacting market adoption and development trends.
Explore 2011 also features QAD’s popular Solutions Expo. Here, dozens of companies, including Platinum Sponsor Eagle Consulting and Development, and Gold Sponsors HP, Progress Software, Radley Corporation, Strategic Information Group and Cebos, will be on hand demonstrating complementary solutions and hosting valuable sessions.
“We have tailored our agenda to meet the needs and challenges that our customers are currently facing,” said Gordon Fleming, chief marketing officer at QAD. “We’re confident that with our agenda and the exciting networking opportunities available, our customers can expect to experience the most memorable Explore conference yet, and, more importantly, bring measurable value back to their business.”
QAD is offering an early bird registration fee of $1295, which is a $600 discount, for those who register by April 4, 2011. To learn more about QAD Explore 2011 or to register for the event, visit: www.qad.com/explore.
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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Contact
QAD Inc.
Renee Cooper, +1 805-566-4513
renee.cooper@qad.com
Source: QAD