QAD (ticker: QADI, exchange: NASDAQ Global Market (.O))
News Release -
16-Oct-2008
QAD to Host EMEA Customer Conference in SorrentoEarly Bird Registration Discounts Available Until October 17
SANTA BARBARA, Calif.--(BUSINESS WIRE)--
QAD, Inc. (Nasdaq: QADI), a leading provider of enterprise
software and services for global manufacturers, will host its customer
conference in EMEA, QAD Explore EMEA 2008, from November 17-19, 2008
in Sorrento, Italy. Customers and prospects interested in attending
are encouraged to take advantage of the Early Bird discount and
register by Friday, October 17.
QAD Explore EMEA 2008 provides a unique opportunity to learn
strategies for global manufacturing success - tailored especially for
those who do business in Europe, the Middle East, and Africa (EMEA).
Sessions at QAD Explore EMEA 2008 will focus on the latest product
innovations, competitive strategies and best practices to achieve The
Perfect Lean Market. QAD 2008 Early Adopter customers will be at
Explore EMEA to provide the real-world view of their implementation
and results, in addition to the conferences enlightening keynotes and
an invaluable Solutions Expo. Added to the conference this year is a
day of optional education classes offered through "Education at
Explore," a hands-on, user-focused training curriculum, taking place
on Monday, November 17.
QAD will highlight QAD Enterprise Applications 2008, the latest
edition of QAD's global software solution. QAD 2008 features QAD
Enterprise Financials as well as an elegant user interface and
significant enhancements to QAD's Manufacturing, Distribution, and
Customer Management solutions designed to help QAD customers of all
sizes to stay ahead in the ever-changing world of global
manufacturing.
"Our excitement continues to build as we get closer to hosting
Explore EMEA next month in Sorrento," said Jean Claude Walravens, Vice
President, EMEA region, QAD. "Our goal is to provide our customers and
prospects with the opportunity to learn more about QAD Enterprise
Applications 2008, get more hands-on training, and also have the
opportunity to network with their peers."
For more information on Explore EMEA 2008 and to register, please
visit www.qad.com/portal/site/exploreemea/ or email explore@qad.com.
Early Bird discounts on the registration fee are valid on or before
October 17, 2008. Group discounts are also available.
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 6,100 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 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 2008 ended January 31, 2008.
Source: QAD, Inc.
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