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QAD Precision Sponsors Oracle OTM User Conference in Philadelphia

Industry Leader Sponsors Oracle OTM Conference in Philadelphia

SANTA BARBARA, Calif.--()--QAD Precision (formerly known as Precision Software), an industry-leading provider of multi-carrier shipping, transportation execution and global trade management solutions, will sponsor this year’s Oracle OTM User Conference in Philadelphia, PA from August 4-7, 2019. QAD Precision is a division of QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB).

“QAD Precision is proud to be a sponsor again at the OTM User Conference,” said QAD Precision Sr. Director of Alliances and Partnerships John Darroch. “We are excited to see new and familiar faces, highlight what’s new with the Oracle and QAD Precision partnership and discuss how attendees can benefit from this partnership.”

QAD Precision’s cloud solution integrates with Oracle Transportation Management (OTM) Cloud Service, providing users with parcel carrier ratings. The integration expands the capabilities of OTM Cloud, allowing users to choose the parcel carrier, rate and service level that fits their needs. To enable full reconciliation of invoices, QAD Precision also supplies automated parcel bill auditing functionality that verifies costs, helps control spend and leverages data-driven metrics for improved visibility.

Darroch and QAD Precision Sr. Solutions Consultant Jeff Flanagan will attend the OTM User Conference to answer questions about QAD Precision, explain the integration with OTM Cloud and discuss how Oracle users can benefit from that integration.

“With QAD Precision, OTM Cloud becomes a central system capable of planning visibility and rating across all transportation modes,” said Darroch. “Parcel carriers are easily accessible, new carriers and services are simply added, and changes to existing carriers and services are easily made – with no integration changes. We look forward to discussing the integration in more detail with attendees.”

About QAD Precision – Trusted Global Trade and Transportation Execution

QAD Precision (Precision Software), 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 info@precisionsoftware.com.

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 Adaptive 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.

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.

 

Contacts

QAD Precision 
Nangvorlee Vang 
ncv@qad.com 
1-805-566-4517

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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