QAD Announces Key Appointment

Tony J. Winter Promoted to Chief Technology Officer for QAD
 
May 6, 2011 - PRLog -- QAD Inc. (NASDAQ- QADA, QADB), a leading provider of enterprise business software and services for global manufacturing companies, announced today that it has promoted Tony J. Winter to the position of chief technology officer at QAD, where he will drive the company’s long-term technology, architecture and product release strategies.

Among his responsibilities, Winter will oversee a global team of research and development personnel, manage the technical relationships for all QAD partners, including Hewlett Packard, Microsoft and Progress, and lead QAD’s latest technology innovations in Business Intelligence, mobile applications and QAD On Demand, QAD’s cloud ERP solution delivered in a Software as a Service (SaaS) model.

Prior to his appointment, Winter held several key internal roles at QAD, starting in 1999 with QAD Global Services, based in the United Kingdom. Winter then moved into QAD Research and Development (R&D) in Ireland and later in Santa Barbara. During this time, he was recognized as a QAD Distinguished Engineer by QAD Chairman and President Pamela Lopker, for his published U.S. and international patent for technology used in services-oriented architectures (SOA).

In 2008, Winter was promoted to senior director of R&D, creating a new organization called the Release Foundation Group, responsible for deployment, conversions, performance, database and product center for QAD. These responsibilities were subsequently expanded to include development systems, licensing, automated regression testing and quality.
“This is an exciting opportunity at a time when technology is undergoing an accelerated transformation,” says Winter. “With our vision of the ‘Effective Enterprise’, choosing the right technologies is more important than ever. Leveraging our close partnerships with global technology providers, we will deliver innovative solutions for our customers, particularly in the areas of on demand, mobile applications, systems management and business process management technologies”.  

Winter has more than 15 years of software research and development experience; specializing in enterprise application architecture and corresponding enabling technologies. He has contributed to a number of products and technologies that are used by thousands of users worldwide. He is a graduate of Staffordshire University in the UK with Bachelor’s of Science degree in Physics and Computer Science.

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.

“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 2010 ended January 31, 2010.

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Founded in 1979, QAD has been recognized as a leading provider of enterprise resource planning (ERP) software applications for global manufacturing companies. Today, QAD enterprise applications leverage advances in Internet and enabling technologies to 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.

QAD enterprise applications are focused and optimized for select manufacturing industry segments: automotive, consumer products, electronics, food and beverage, industrial and life sciences.
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