Global trade logistics leader to showcase the value of connecting parcel shipping with global trade in the cloud at booth 206

QAD Precision, an industry-leading provider of global trade and transportation execution solutions, will exhibit at the 2021 PARCEL Forum, September 14-16, in Washington, D.C. QAD Precision President Corey Rhodes is a featured speaker at the event, presenting on the benefits of moving parcel shipping to the cloud. QAD Precision is a division of QAD Inc. (NASDAQ: QADA) (NASDAQ:QADB).

QAD Precision offers a global, multilingual, multi-carrier parcel shipping solution along with a comprehensive carrier network that services every region of the world, along with a centralized portal for 360-degree visibility and exception alerts as parcels move through the carrier network.

“Parcel shipping is in our DNA. As we have seen in the last eighteen months of skyrocketing shipping volumes, moving parcel shipments efficiently and cost effectively has been a growing challenge for many companies,” said Rhodes. “At the same time, cross-border shipments are increasing, and companies need to be able to meet global trade regulations as well as provide excellent service to customers, no matter where they are. With our comprehensive global parcel carrier network and global trade solutions, we can help companies optimize their parcel shipping, no matter where they ship from or ship to.”

Rhodes will speak at the event Wednesday, September 15, at 12:20 to 1:00pm EDT. In his session, “Why Cloud, Why Now,” Rhodes will share:

  • The benefits of moving to the cloud
  • Why parcel shipping should be an integral part of a successful supply chain strategy
  • How to leverage the cloud’s flexibility, scalability and connectivity.

QAD Precision’s Chris Shea and Jeff Flanagan will be on hand to answer questions in booth 206. Attendees are invited to drop by to learn more about how QAD Precision helps enterprises to simplify global parcel shipping, mitigate compliance risk, and optimize global trade and transportation processes to increase logistics ROI.

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’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.

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.

QAD Precision Anne Sexton a2p@qad.com +353 1 406 0780

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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