SANTA BARBARA, Calif. — May 21, 2015 – Precision Software, a division of QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), and a leading provider of industry-leading transportation and global trade management software solutions, today announced it was named a Top Logistics IT Provider for 2015 by Inbound Logistics(IL) magazine for the fourth consecutive year.
Editors from Inbound Logistics annually evaluate more than 300 companies using questionnaires, personal interviews, and other research. They select the Top 100 Logistics IT Providers that best support and enable logistics excellence.
Inbound Logistics editors make their selections based on how transformative solutions impact business activities driving integration across internal and external, business processes. Inbound Logistics is proud to honor Precision Software for innovative solutions empowering logistics and supply chain excellence in 2015.
“Precision Software was selected because its solutions solve specific logistics challenges, improve processes and create a ripple effect of efficiencies across the entire value chain,” said Felecia Stratton, IL editor.
Precision’s unique single platform product suite is designed with open architecture and integrates with leading enterprise resource planning (ERP), warehouse management systems (WMS), transportation management systems (TMS) and legacy applications.
“We are honored to receive this recognition for the fourth consecutive year,” said Steve Gardner, president of Precision Software. “It validates our focus on delivering integrated logistics solutions that support every customer in becoming a more Effective Enterprise.”
Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com
Precision Software, a division of QAD Inc., (NASDAQ: QADA) (NASDAQ: QADB), 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 customers span multiple industries including banking & finance, life sciences, consumer products, high technology, retail, industrial, automotive and logistics providers. For more information about Precision Software, visit precision.mabblystaging.site or email email@example.com.
“QAD” is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.
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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.