SANTA BARBARA, Calif., March 21, 2019 /PRNewswire/ -- QAD Precision, an industry-leading provider of global trade management and transportation execution solutions, will attend the International Compliance Professionals Association (ICPA) annual conference on March 24 - 27, 2019 in Orlando, Florida. QAD Precision is a division of QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB).

QAD Precision will exhibit at booth 43. Attendees can learn how QAD Precision helps streamline trade compliance to gain efficiencies, mitigate risk, reduce cycle time and trade-related costs, and gain a competitive advantage.

QAD Precision's newest solution, QAD Precision Free Trade Agreements (FTA), can determine FTA origin under any free trade agreements recognized by the World Trade Organization. The solution reduces the burden of FTA compliance by automating the most time-consuming and labor-intensive steps, such as automatically qualifying goods according to current preferential Rules of Origin legislation and automated soliciting for supporting documentation. QAD Precision Solutions Consultant and FTA expert Olivier Joncas will be on-site along with Account Executive Michael Tew and Sr. Marketing and Sales Specialist Nangvorlee Vang.

"This is our first year attending and exhibiting at the ICPA. QAD Precision is excited to share our integrated suite of solutions, including Free Trade Agreements, with attendees," said Joncas. "Global companies shipping internationally will benefit from our solutions by mitigating compliance risks."

About QAD Precision – Trusted Global Trade and Transportation Execution

QAD Precision, a division of QAD Inc., (NASDAQ: QADA) (NASDAQ: QADB), provides industry-leading global trade management, transportation execution and multi carrier shipping software solutions from a single, integrated platform. Preeminent industry leaders in every region of the world rely on QAD Precision's global support centers to leverage thousands of carriers and manage millions of shipping transactions every day. Our open architecture easily integrates with Enterprise Resource Planning, Warehouse Management Systems and legacy solutions. An ISO-certified company, QAD Precision assists companies to minimize shipping costs, optimize first mile and last mile deliveries, automate free trade agreement compliance, avoid customs delays and mitigate the risks associated with dynamic trading environments to maximize their competitive advantage. QAD Precision's customers span multiple industries including banking and finance, life sciences, high technology, retail, industrial, automotive, higher education and public sector as well as logistics providers. For more information about QAD Precision, visit www.precisionsoftware.com or email [email protected].

About QAD – The Effective Enterprise

QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Cloud ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech; industrial manufacturing and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.

To learn more, visit www.qad.com or call +1 805-566-6000.

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

Contacts

QAD Precision
Nangvorlee Vang
[email protected]
1-805-566-4517

QAD Inc.
Scott Matulis
Public Relations
818-451-8918
[email protected]

or

Evan Quinn
Analyst Relations
617-869-7335
[email protected]

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 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.

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SOURCE QAD Inc.