QADI Qad Inc. (MM)

QAD Inc. (NASDAQ:QADI), a leading provider of enterprise software and services for global manufacturers, announced today that Hamworthy Water Systems, a market leader in waste water systems for the marine industry, plans to upgrade to the latest release of QAD Enterprise Applications.

Hamworthy Water Systems, a division of Hamworthy plc, provides a range of water treatment systems, including waste water treatment, fresh water generators, and ballast water management for the cruise ship and commercial marine market. The business also supplies steam condensers to the small-scale power station market and high pressure compressors to the offshore and compressed natural gas (CNG) markets.

Hamworthy has been a QAD customer since 1998. During that time, Hamworthy has expanded its global presence and consequently looked to QAD to help deliver the support it needed for its new business processes while simultaneously reinforcing existing operational strengths.

"We were considering how our IT platform could deliver the business benefits we need to support our growth initiatives,” explained Mike Turner, systems manager at Hamworthy. “Upgrading our QAD Enterprise Applications suite made the best sense. QAD’s knowledge of the manufacturing sector and related processes, combined with its software’s functional enhancements, will provide us the level of global collaboration, reporting, and compliance support we need today and for the future.”

QAD Enterprise Applications will enable Hamworthy to standardize its core ERP solution across manufacturing sites in the UK and China. Its enhanced reporting and data retrieval functionality also will positively impact its users and IT staff alike.

Additionally, the QAD Enterprise Applications deployment will give Hamworthy access to QAD’s market leading .NET User Interface and enable its users to experience greater personal productivity. With built-in Analytics and Reporting, QAD empowers Hamworthy users to quickly view trends within the system and easily drill down into the data, providing the flexibility and accuracy needed to answer questions as they arise and make informed decisions.

“We see QAD Enterprise Applications Enterprise Edition as the most comprehensive and compelling release of our product yet,” said Steve Gardner, EMEA vice president sales & marketing for QAD. “The application is designed to address the challenges our manufacturing customers are facing today – and to help get them ready for the economic recovery of tomorrow.”

Upon completion of this implementation, Hamworthy anticipates building more global consistency with QAD Enterprise Applications with additional functionality to support its contacts, product data, pricing, processes and After Sales Service functions for its manufacturing and sales operations.

About Hamworthy

Hamworthy is a leader in the design and manufacture of innovative gas handling, pumping and water management systems for the marine, cruise onshore and offshore oil and gas sectors. The business benefits from markets that have long-term growth prospects. It produces technically advanced solutions, often in response to environmental needs and legislation. With its headquarters in the UK, operations in 11 countries and representatives in over 50, the Group has established a leading global position in its chosen markets. For more information, visit www.hamworthy.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 science 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. 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 2010 ended January 31, 2010.

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Qad Inc. (MM) (NASDAQ:QADI)
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