SANTA BARBARA, Calif.--(BUSINESS WIRE)--QAD Precision, a division of QAD
Inc. (NASDAQ: QADA) (NASDAQ: QADB), today announced it has been
recognized by Inbound Logistics as a Top 100 Logistics IT Provider for 2021.
Every year, Inbound Logistics editors recognize 100 logistics
IT companies that support and enable logistics excellence. Drawn from
more than 400 companies using questionnaires, personal interviews and
other research, Inbound Logistics selects the Top 100 Logistics
IT Providers for each year. Editors seek to match readers'
fast-changing needs to the capabilities of those companies selected.
All companies selected reflect leadership by meeting Inbound
Logistics readers' needs for scalability, simplicity, fast ROI and
ease of implementation.
“Inbound Logistics is proud to honor QAD Precision for
innovative solutions empowering logistics, trade and
transportation excellence in 2021,” said Felecia Stratton,
Editor, Inbound Logistics. “The importance of supply chain
and logistics technology solutions has been brought to the forefront
for many companies as a result of recent business disruptions. Our
audience continues to rely on technology solutions to drive
efficiencies, provide visibility and hone execution. The editorial
selection team had their work cut out for them, ultimately selecting
only 100 technology solutions leaders from the 400+ candidates.”
“We are very pleased to have been recognized once again by Inbound
Logistics as a Top 100 Logistics IT Provider,” said Corey Rhodes,
President of QAD Precision. “Our end-to-end integrated global trade
and transportation solution includes import, export,
foreign-trade zone and global logistics solutions to help large and
complex companies simplify global trade processes, reduce their tax
burden, and increase logistics ROI.”
The Top 100 Logistics IT Providers list appears in the April 2021
magazine edition and will be posted online at www.inboundlogistics.com by the
end of April.
About QAD Precision – Trusted Global Trade and Transportation Execution
QAD Precision, a division of QAD Inc., provides industry-leading global trade compliance, and
multi carrier transportation
execution solutions from a single, integrated platform. An
ISO-certified company, QAD Precision assists companies to streamline
their import, export and transportation
operations, optimize deliveries, and increase logistics ROI. QAD
Precision's scalable and extensible solution easily integrates with
existing ERP and WMS solutions. Industry leaders in every region of
the world rely on QAD Precision's global support centers to leverage
thousands of carrier services and manage millions of global trade and
shipping transactions every day. For more information about QAD
Precision, visit www.qadprecision.com.
About Inbound Logistics
Since its inception in 1981, Inbound Logistics' educational
mission is to illustrate the benefits of demand-driven logistics
practices, give companies the knowledge to help them match the inbound
flow of materials to their demand, and align their business process to
support that shift. Inbound Logistics offers real-world
examples and decision support to guide businesses to efficiently
manage logistics, reduce and speed inventory, and offset rising
transport costs, supporting business scalability across their value
chain. More information about demand-driven logistics practices is
available at www.inboundlogistics.com.
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.
QAD Inc. Scott Matulis Public Relations 818-451-8918
or Evan Quinn Analyst Relations 617-869-7335