Santa Barbara, CA — Precision Software, a division of QAD Inc. (NASDAQ: QADI), announced today that America II Electronics has implemented the latest release of Precision’s Transportation and Global Trade Management solution to automate production of export documentation, ensure compliance with export legislation, and manage shipments at its St. Petersburg, Florida location.
America II Electronics, an independent distributor of semiconductors, chose Precision Software for its global offering that combines transportation, trade, and compliance in one solution. The ease of configuration of the Precision solution together with ease of integration to America II Electronics’ existing ERP system along with a strong global presence for support were key factors in the selection process.
“We wanted one solution that solved both our compliance issues and shipping needs. With Precision Software we not only have that, but also a system that will grow with us as we expand internationally,” said Dan Bisaillon, CIO and VP of Operations at America II Electronics.
Using Service-Oriented Architecture (SOA) deployment, the Precision solution integrates easily to America II Electronic’s existing system. Shipments are now passed automatically to the Precision solution allowing logistics to perform a quick “scan and print” process that produces labels, documents and handles the carrier manifesting for UPS, FedEx and DHL in the background.
America II Electronic’s restricted party compliance checks and electronic customs filings with the United States Automated Export System (AES) are now processed within the PRECISION solution, providing America II the automated and repeatable risk mitigation the company needs to promote the efficient movement of products globally.
“We are committed to providing America II Electronics with the tools they need to meet their goal of total customer satisfaction,” commented Ed Boclair, President of Precision Software. “We are proud to be helping America II achieve their business objective of same day shipping, and to help them realize efficiencies and savings in transportation.”
Established in 1989, America II Electronics, Inc. ranks as one of the world’s largest independent distributors of semiconductors and passive components. From its St. Petersburg, Florida headquarters, the distributor delivers commodity product as well as allocated, obsolete, and hard-to-find parts.
Established in 1984, Precision Software, a division of QAD Inc., provides industry-leading transportation and global trade management software solutions from a single, integrated platform. The PRECISION suite of products is designed with open architecture allowing for easy integration with leading Enterprise Resource Planning (ERP), Warehouse Management Systems (WMS) and existing legacy solutions to reduce transportation costs, avoid delays at trans-border crossings and mitigate the risks associated with dynamic trading environments. Precision Software’s customers span multiple industries including life sciences, consumer packaged goods, electronics, retail, industrial products, food and beverage, and 3rd party logistics providers. For more information about Precision Software, visit precisionsoftware.com or e-mail firstname.lastname@example.org.
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.
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 2009 ended January 31, 2009.