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QAD Partners with Virtual Integrated Analytics Solutions (VIAS) Mexico

·5-min read

SANTA BARBARA, Calif., Jun 15, 2021--(BUSINESS WIRE)--QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of next-generation manufacturing and supply chain solutions in the cloud, today announced it has signed a partnership agreement with Virtual Integrated Analytics Solutions Mexico (VIAS) to sell QAD Adaptive ERP and other QAD solutions in Mexico.

"VIAS has a vast portfolio of technology solutions and resources across many countries with engineering and technical capabilities across multiple industries," said QAD Vice President, Global Partner Strategy & Management Mohan Ponnudurai. "VIAS' expansion into Mexico combined with its manufacturing expertise shows the company’s foresight and focus on the type of digital transformation in which QAD Adaptive ERP can play a valuable role. We will leverage their experience with our solutions to help manufacturers build value with QAD Adaptive ERP in the cloud."

"We are very happy to be working with QAD and excited that through this partnership we'll be able to deliver rapid, agile and effective cloud ERP solutions for our manufacturing customers throughout Mexico," said VIAS President and CEO Burak Ozturk.

QAD partners expand the QAD ecosystem and strengthen its strategic position in the industries that it serves. QAD and its partners continuously evolve, broadening QAD's expertise and footprint to meet the diverse needs of customers around the world. The QAD Global Partner Network includes over 100 partners including technology, software, channel and consulting partners.

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of next-generation manufacturing and supply chain solutions in the cloud. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order 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, 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 30 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions, including enterprise resource planning (ERP), digital supply chain planning (DSCP), global trade and transportation execution (GTTE), quality management system (QMS) and strategic sourcing and supplier management, to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +1 805-566-6100. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.

"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.

About VIAS

VIAS (VIAS3D.com/es) is a Dassault Systèmes Platinum Partner providing engineering analysis and design solutions using virtual experience and data analytics in a variety of industries including Aerospace & Defense, Marine and Offshore, Transportation and Mobility, High Tech, Consumer Packaged Goods, Energy, and Life Sciences. Our objective is to prevent repetitive design-related business interruptions and to provide cost-effective, quick, and safer designs with an experienced team. The VIAS team has decades of combined experience solving clients’ complex problems with their software, training, and consulting expertise. Additionally, VIAS is a Certified Education Partner of Dassault Systèmes and is authorized to provide training for many DS solutions. Additionally, through understanding of PLM and manufacturing & operations, VIAS sees ERP as the natural expansion of customer value especially in the SMB segment. To meet this need, VIAS expanded into the Mexico market through acquisition of two businesses with manufacturing and ERP experience and expertise.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210615005328/en/

Contacts

QAD Inc.
Scott Matulis
Public Relations
818-451-8918
publicrelations@qad.com
or
Evan Quinn
Analyst Relations
617-869-7335
industryanalyst@qad.com

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