Business Services Industry

QAD Annual Customer Conference Aims to Focus Manufacturers' Sights on Global Enterprise Excellence

Business Wire, April 13, 2006

CARPINTERIA, Calif. -- Keynotes Include Harvard's Ram Charan, Noted Author; Bruce Richardson, Chief Research Officer of AMR Research; and Dan Burrus, CEO of Burrus Research

QAD Inc. (NASDAQ: QADI), a leading provider of enterprise software solutions for global manufacturers, will host its 15th annual customer conference - Explore 2006 - May 7 through May 10 at the Colorado Convention Center in Denver, Colo. The conference will be keynoted by Ram Charan of Harvard Business School and author of Execution: The Discipline of Getting Things Done; Bruce Richardson, chief research officer for industry analyst firm AMR Research; and Dan Burrus, CEO of Burrus Research. Explore 2006 will focus on helping manufacturing companies propel their competitive advantage through informative and educational sessions, and insight into new QAD products.

During this three-day conference, QAD will unveil product enhancements aimed at providing customers a more complete solutions suite, as well as provide more than 80 hours of educational sessions from QAD experts, partners and users on industry topics such as Web Services, RFID, Warehousing and eLearning. Key areas of focus for Explore 2006 include creating the demand-driven enterprise, lean manufacturing and supply chains, global distributed order management and business intelligence. To register for Explore 2006, visit http://explore.qad.com/.> "Explore presents an opportunity for our global customers to hear directly from experts in management and manufacturing strategy who will share new ideas on best-practice approaches to global manufacturing," said Pamela Lopker, president and chairman of QAD. "Ram Charan, Bruce Richardson and Dan Burrus will provide a unique perspective on the manufacturing industry and will offer our customers a new way to look at their challenges as well as new ideas for conquering them."

Following opening keynote addresses by QAD executives, Ram Charan will speak to his recently published book, Execution: The Discipline of Getting Things Done. Charan is a highly acclaimed business advisor, speaker, and author. A noted expert on business strategy, Charan has coached some of the world's most successful CEOs, and for more than 35 years has worked behind the scenes at companies such as GE, KLM, Bank of America, DuPont, Novartis, EMC, Home Depot and Verizon, helping them to develop, shape and implement their strategic direction.

On day two of Explore, Bruce Richardson will address the audience on "Ten Major Trends Impacting Manufacturers: Implications For Your Business." Richardson brings more than 20 years of experience to his role at AMR Research and has spent most of his career analyzing the software industry with a distinct emphasis on ERP and supply chain.

To close the final day of Explore, Dan Burrus will discuss the latest technology trends and the future of technology. Burrus is a leading technology forecaster and business strategist, and is the author of six books, including the highly acclaimed Technotrends, which has been published in 13 languages. Over the past two decades, he has established a worldwide reputation for his exceptional record of accurately predicting the future of technological change and its direct impact on the business world. The New York Times has referred to him as one of America's top three business "gurus" most in demand as a speaker.

For more information on Explore 2006, visit http://explore.qad.com/.> About QAD

QAD is a leading provider of enterprise applications for global manufacturing companies. 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. Manufacturers of automotive, consumer products, electronics, food and beverage, industrial and life science products use QAD applications at approximately 5,500 licensed sites in more than 90 countries and in as many as 27 languages. For more information about QAD, telephone 1 805 684 6614, 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; 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 2005 ended January 31, 2005.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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