QAD Announces Explore 2011 Customer Conference
08 December 2010 - 12:04AM
Business Wire
QAD Inc. (NASDAQ:QADI), a leading provider of enterprise
software and services for global manufacturers, announced today QAD
Explore 2011 Customer Conference, to be held May 9 – 12, 2011 at
the Rivercenter in San Antonio, Texas.
QAD expects Explore 2011 to draw hundreds of its manufacturing
customers from across the globe to participate in more than 40
hours of education, hands-on demonstrations, roundtable discussions
and other networking and educational events. Attendees also can
meet QAD partners and product experts at the popular Solutions
Expo, hosted on site.
During the event, QAD also will unveil QAD Enterprise
Applications 2011, the latest enhancement to its enterprise
resource planning (ERP) solution created to meet the needs of
global manufacturers.
Customers representing companies from QAD’s core vertical
industries including Life Sciences, Automotive, Industrial, High
Technology, Consumer Products and Food and Beverage will ‘explore’
how QAD Enterprise Applications and its related business processes
are addressing today’s manufacturing, supply chain, financial
operations and customer management trends, industry changes and
related challenges, and enabling companies to compete more
effectively as the economy continues its recovery.
“Our customers have expressed they are now focused on growth
plans following the challenging last few years, and that QAD’s
timing is right to again host Explore,” said Pamela Lopker,
president and founder of QAD. “Given the stellar agenda and
networking opportunities planned, our customers can expect to bring
value back to their business. Personally, I look forward to it; I
really enjoy the level of customer interaction at Explore.”
QAD will announce the agenda and open Explore 2011 online
registration beginning January 25, 2011.
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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