SANTA BARBARA, Calif. - Monday, March 19th 2012 [ME NewsWire]
To respond to increased growth in new international markets, SAE, headquartered in Ham les Moines, France, selected QAD On Demand, QAD’s Cloud ERP solution, to support its global expansion into new markets.
SAE will begin its ERP implementationby standardizing finance, manufacturing and operations processes at its main plant in Ham Les Moines, and continue the rollout of QAD On Demandto standardize customer relationship management, sales, and accounting operations at its growing network of sales and distribution offices across the globe, including Germany, Morocco, and additional SAE sites in France.
QAD On Demandprovides full-strength ERP in a Software as a Service(SaaS) model. With QAD On Demand, SAE can focus on its business needs, relieving its staff from system implementation and day-to-day maintenance responsibilities, while benefiting from 99.5% system availability.
“QAD On Demandwill provide the solution to support our global growth” said Christian Ausfelder, CEO, SAE. “QAD On Demandoffers us both rapid deploymentand the deep functionality we require for our manufacturing.”
To learn more about QAD On Demand, visit www.qad.com/ondemand.
About Société Ardennaise d'Essieux
Société Ardennaise d'Essieuxemploys over 130 people at its HQ and manufacturing site in Northern France and, in 2010, had a turnover of €38 million. For more than 20 years, the company has specialized in the design and manufacture of running gear and more particularly in the manufacture of axles for producers of commercial vehicles. For more information, visit http://www.axle-essieu.com.
About QAD
QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life sciences products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. For more information about QAD, telephone +1 805-566-6000, or visit the QAD web site at www.qad.com.
“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. Words such as “expects”, “believes”, “anticipates”, “could”, “will likely result”, “estimates”, “intends”, “may”, “projects”, “should”, and variations of these words and similar expressions are intended to identify these forward looking statements. Forward looking statements are based on the company’s current expectations and assumptions regarding its business, the economy and future conditions. 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, evolving demand for the company's software products and products that operate with the company's products; the company's ability to sustain license and service demand; the company's ability to leverage changes in technology; the company's ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; timely and effective integration of newly acquired businesses; general economic conditions; exchange rate fluctuations; and, the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter's results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company's Annual Report on Form 10-K for fiscal 2011 ended January 31, 2011, and in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission.
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Contacts
QAD Inc.
Kerry Allen, +1 805-895-9491
kerry.allen@qad.com
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