QAD Recognizes Partner Excellence with 2020 Partner Program Awards

QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, today announced the winners of its Partner Program Awards for 2020. The annual awards recognize partners in the QAD community for their achievements in contributing to the success of QAD customers.

"Each year we take great pride in recognizing the crucial work that our strategic partners do around the world," said QAD Chief Marketing Officer Carter Lloyds. "Their expertise and experience working with QAD solutions are vital to our goal of enabling Adaptive Manufacturing Enterprises to recognize and adapt to disruption."

The 2020 Partner Program Award winners:

• Logan Consulting received the Business Transformation award. This award recognizes a partner that helps a customer change their business processes as supported by QAD solutions and has been able to measure and demonstrate those achievements. Logan Consulting's expertise was crucial for a customer's global upgrade and implementation. Logan helped to identify high-risk areas, developed mitigation plans and deployed global standards. All was accomplished without disruption to the customer, their suppliers or the overall business.
• Strategic Information Group received the Rapid Achiever award. This award highlights the rapid, agile and effective implementation of a QAD solution with demonstrable results and with an experienced and highly skilled team. Strategic Information Group leveraged the core suite of QAD Adaptive Applications, and a Food and Drug Administration (FDA) validation toolkit to enable a new cloud customer, with a rapid five-month implementation.
• Thirdware Solution Inc. received the QAD Cloud award. This award recognizes a partner that demonstrates a strong commitment to software, services or technology that affords customers a rapid and agile deployment in the QAD Cloud. Thirdware Solution Inc. worked with QAD to migrate a global strategic customer to a more recent version of QAD's ERP solution, adding material planning and simulation dashboards, enabling hundreds of trading partners, migrating over 500 data objects including new data objects for Financials and QAD Automation Solutions, and implementing QAD Boomi integrations.

The QAD Global Partner Program has over 100 partners helping QAD deliver innovative solutions, services and technology to help its customers modernize their business processes, take advantage of disruption and leverage it into competitive advantage. The program includes several types of relationships including channel partners, system integrators and service organizations, solution providers and technology providers.

About QAD ? Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. To survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, packaging, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

Founded in 1979 and headquartered in Santa Barbara, California, QAD has 29 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain planning (DSCP), global trade and transportation execution (GTTE) and quality management system (QMS) to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +1 805-566-6000. Find us on LinkedIn, Facebook, Instagram, Twitter and Pinterest.

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 the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; 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.