QAD Signs North America Reseller Partnership with eNoah iSolutions Inc.

SANTA BARBARA, Calif.–(BUSINESS WIRE)–QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies, announced it has signed a channel partnership giving eNoah iSolutions Inc. the ability to resell QAD Adaptive ERP applications in North America.

eNoah is a leading IT solutions provider offering customization and enhancements, technical support, maintenance and troubleshooting services to Fortune 500 companies in the Integrated Health, Insurance, Manufacturing and Automotive industries. Headquartered in Chennai, India, eNoah has offices in the United States, Australia, the United Kingdom, Malaysia and Singapore.

“We are excited to sign this partnership in North America,” said QAD Senior Vice President Mike Brunnick. “Our partners make us stronger and are a big part of the great relationships we foster with our customers. With their knowledge of QAD Adaptive Applications and specifically QAD Adaptive ERP, they are uniquely qualified to help us expand our brand and sell cloud in one of our most important markets.�

“We are very proud to become a QAD channel partner in North America,” said eNoah iSolutions Inc. CEO Balu Balasubramanian. “The unique challenges faced by the industry today have created a great need to streamline business. QAD’s innovative, adaptive ERP can be an invaluable tool in this journey of business transformation, enabling companies to face those challenges head-on. eNoah has made strategic investments to align with QAD strategy. We are excited to leverage decade-long partnerships built in the QAD ecosystem and look forward to the future with optimism.”

QAD partners expand the QAD ecosystem and strengthen its strategic position in the industries that it serves. QAD and its partners continuously evolve, broadening QAD’s expertise and footprint to meet the diverse needs of customers around the world. The QAD Global Partner Network includes over 100 partners including technology, solution, channel and consulting partners.

About eNoah iSolutions Inc.

eNoah is a global provider of cloud-based enterprise resource planning software and services for manufacturers utilizing consultative strategies, beyond ERP. We are experts in automotive, industrial and the high-tech industries. With over a decade of experience with QAD, and over 100 dedicated QAD personnel globally, supporting multiple countries in the QAD Cloud, we are providing round the clock support for business-critical systems and established service delivery setup helping clients pilot business and IT processes with a focus on metrics-driven outcomes that exceed customer SLAs. With strong domain focus, Adaptive ERP, Automation Solutions, Boomi, Qxtend, and EDI capabilities, our uniquely designed solutions are vertically integrated and delivered through a client-intensive, relationship-based global delivery model.

eNoah is ISO 27001-certified and HIPAA compliant. We enjoy repeated business from our clients due to our uncompromising focus on complete client satisfaction. We achieve this through rigorous high standards for team expertise, emphasis on consistent quality, and strict adherence to punctual delivery schedules.

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. To survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

Founded in 1979 and headquartered in Santa Barbara, California, QAD has 29 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain planning (DSCP), global trade and transportation execution (GTTE) and quality management system (QMS) to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +1 805-566-6100. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.

“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 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.

Contacts

QAD Inc.

Scott Matulis

Public Relations

818-451-8918

publicrelations@qad.com
or

Evan Quinn

Analyst Relations

617-869-7335

industryanalyst@qad.com