CEBOS rebrands as QAD CEBOS

SANTA BARBARA, Calif., April 5, 2019 /PRNewswire/ -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies announced today that its CEBOS division will now be known as QAD CEBOS. QAD CEBOS is a division of QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB).

QAD CEBOS provides manufacturing and quality obstacle visibility for proactive avoidance action and supports customers' compliance with industry-specific quality standards. In the automotive vertical, QAD CEBOS delivers best-in-class automation of Advanced Product Quality Planning (APQP) methodologies, including Production Part Approval Process (PPAP), process flow and approvals. Additionally, the prelaunch capability of the solution turbocharges the APQP capability. Life science customers benefit from critical functionality that QAD CEBOS delivers for Corrective and Preventative Action (CAPA) and Non-Conformance Reporting (NCR) as well as Customer Complaint Management and Adverse reporting preparation. QAD CEBOS also features manufacturing quality solutions for Audit, Document Control, Gage Calibration, Inspection and Statistical Process Control (SPC).

Our solution is natively engineered and developed to be effectively deployed in the cloud. As a robust EQMS solution it supports the inseparable interdependence of quality and manufacturing systems. Our laser focus on new product introduction addresses the area where quality issues are created or avoided.

"When combined with the enterprise know-how and global reach of QAD, QAD CEBOS delivers a powerful combination of manufacturing expertise, technology and quality focus that has a tangible impact on the operational excellence and margin improvement of global manufacturing organizations," said CEBOS Division President Tom Seadler.

About QAD CEBOS
Since 1995, QAD CEBOS has been providing enterprise-wide quality management and management process system software and services. From the original client-server version to today's groundbreaking enterprise-wide quality management solutions, QAD CEBOS has always been in the forefront of quality. Over 350 quality-minded customers use QAD CEBOS in their manufacturing businesses.

To learn more, visit www.CEBOS.com or call +1 810-534-2222.

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 Cloud 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.

Contacts:
QAD Inc.
Scott Matulis
Public Relations
818-451-8918
publicrelations@qad.com

Evan Quinn
Analyst Relations
617-869-7335
industryanalyst@qad.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 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.

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