QAD Partners with Thirdware to Deliver Global Consulting and Implementation Services

SANTA BARBARA, Calif., Jan. 25, 2018 /PRNewswire/ -- QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced it has signed a system integrator agreement with Thirdware Solution, a global leader in providing ERP implementation consulting and related technical services, to provide functional consulting and implementation on large engagements globally.

"We are excited to welcome Thirdware to the QAD partner community," said QAD Chief of Global Field Operations, Anton Chilton. "They have extensive experience globally in our core vertical industries, especially with automotive, and a long history of working with QAD. We look forward to partnering with them on major projects around the world and giving our customers the benefit of their experience."

Thirdware has two decades of experience in consulting, design, implementing and support of enterprise applications for Fortune 500 firms. They have significant competencies in transaction systems, analytics and cloud applications. Thirdware has one of the largest and most experienced ERP consulting practices in the world, including Project Managers, Solution Architects, Functional / Technical Consultants, DBA's, Application Specialists and Developers devoted specifically to QAD solutions.

"Thirdware has been closely associated with QAD for almost 24 years and we are proud and excited to be a formal part of the QAD community," said Bhavesh Shah, chief executive officer of Thirdware Solution. "We look forward to working alongside the QAD team to meet the growing demands of our global customers, especially in automotive."

QAD Global Services has resources in over 90 countries. QAD works with its partners to better service companies across the world. QAD partners provide breadth, depth and reach, strategically extending QAD's capabilities, functional expertise and global presence. The QAD Global Partner Network includes over 100 partners including hardware platform manufacturers, operating system vendors, software and database developers, solution resellers, system integrators and service organizations.

About Thirdware (www.thirdware.com) 

Thirdware is a provider of business technology solutions since 1995, with over 500+ clients worldwide. Thirdware has application management centers in Plymouth (Michigan, USA), Mumbai and Chennai (India), Singapore, Germany and the UK. With a highly experienced team of over 1000 consultants, Thirdware delivers ERP, EPM, and RPA services via on-site, near-shore, and/or offshore delivery models. Clients include Ford Motor Company, Adient, Visteon, Lear, Meritor and many more.

About QAD – The Effective Enterprise

QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Cloud ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech, industrial manufacturing and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.

To learn more, visit www.qad.com or call +1 805-566-6000.

"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.

Scott Matulis

Public Relations

818-451-8918

publicrelations@qad.com

or

Evan Quinn

Analyst Relations

617-869-7335

industryanalyst@qad.com

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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SOURCE QAD Inc.