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QAD Introduces Latest Version of Its Channel Islands User Experience and Enhancements to QAD Cloud ERP and Related SolutionsSANTA BARBARA, Calif., Oct. 12, 2017 /PRNewswire/ -- QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services for global manufacturing companies, today announced the availability of the next phase of its Channel Islands user experience initiative and enhancements to the company's enterprise resource planning (ERP) software applications and related solutions. "This is a very comprehensive update," said Bill Keese, senior vice president of research and development at QAD. "We continue to roll out our Channel Islands initiative, which includes a new version of our Action Centers. In addition, we have improved our cloud and on-premise ERP solutions and each of our related solutions with a wide range of new features and functionality — much of which was developed in partnership with our customers." The multiphase Channel Islands initiative gives customers an attractive, intuitive and device-independent user experience that can be personalized for roles, tasks and individual employees. The latest phase, referred to as Santa Rosa 2, continues QAD's focus on enabling the Effective User with new functionality in the sales, service, requisitioning and purchasing areas. Channel Islands Santa Rosa 2 highlights include:
QAD adds a wide range of enhancements to QAD Cloud ERP and QAD Enterprise Applications, including:
"This is a very comprehensive release that speaks to QAD's commitment to continuous improvement," said Keese. "We've added a wide range of new or enhanced ERP features, made numerous improvements to our related solutions and continued to expand our Internationalization program. Change is a fact of life in our customers' industries and QAD is committed to providing agile solutions that help our customers react quickly to change and keep their business processes aligned with their business strategy." About QAD – The Effective Enterprise For more information about QAD, call +1 805-566-6000, visit 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. Contacts: QAD Inc. or Evan Quinn 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.
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