SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Inc. (NASDAQ: QADA, QADB), a leading provider of enterprise software and services for global manufacturing companies, announced today it will host Mexico Explore 2011 Customer Conference on September 6, 2011 at the Joy Room in the Centro Comercial Antara in Polanco, Mexico, D.F.
Manufacturing customers from across Mexico will attend the event to network with peers and learn about the latest product releases from QAD, including QAD Enterprise Applications 2011.1, Business Intelligence v.3.5 and QAD On Demand.
Attendees also will engage in a variety of training and breakout sessions focused on manufacturing, distribution and supply chain needs more to learn best practices from QAD executives and regional experts.
Eugenio Riveroll, senior vice president for QAD Latin America, will open the conference and introduce QAD conference presenters, including Daniel Lender, chief financial officer for QAD. Lender will deliver a dynamic keynote address and unveil QAD’s strategic direction and the state of the market.
Other regional presenters will share QAD’s product development plans and outline how QAD is transforming manufacturing and supply chain challenges into operational advancements through technology and business processes innovation.
“We are extremely pleased to host Mexico Explore,” said Riveroll. “The Mexican manufacturing industry has experienced serious growth pains following the challenging last few years. This conference is an opportunity for our customers to learn first-hand how QAD Enterprise Applications can help achieve QAD’s vision for the Effective Enterprise and adapt their business more rapidly to the region’s shifting needs.”
Mexico Explore 2011 also will focus on the rollout of QAD On Demand, the industry’s only full strength ERP solution delivered in a Software as a Service (SaaS) model and designed exclusively for manufacturing companies. Charlie Eggerding, vice president On Demand for QAD, will identify regional adoption trends and highlight why current and new customers are embracing this delivery method.
For more information, or to register for Mexico Explore 2011, visit: http://www.qad.com/erp/Resources-Events-Calendar/.
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.
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 2011 ended January 31, 2011.
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