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QAD Named ERP Customer Satisfaction Leader for 4th Straight Year

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SANTA BARBARA, Calif.–(BUSINESS WIRE)–QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services designed for global manufacturing companies, today announced that the readers of Consumer Goods Technologymagazine (CGT) have selected QAD as the Enterprise Resource Planning (ERP) Customer Satisfaction Leader in its annual Readers’ Choice survey. QAD has earned the top spot on the survey’s ERP Top Providers list for four consecutive years. In addition, QAD was also named a Top 10 Provider in the Supply Chain Execution category.

“We strive to become trusted advisors to each of our customers and work with them to adapt their business processes to match their business goals. The CGT Readers’ Choice survey confirms that our focus on customer engagement is being recognized.”

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The ERP Customer Satisfaction Leader designation identifies the company that received the highest average user experience rating in the ERP category. The survey polled 290 executives who work for consumer goods companies of all sizes. More than half of the companies represented reported more than $1 billion in annual revenue.

“This award provides important recognition for QAD and its focus on helping customers become Effective Enterprises,” said Carter Lloyds, QAD’s Chief Marketing Officer. “We strive to become trusted advisors to each of our customers and work with them to adapt their business processes to match their business goals. The CGT Readers’ Choice survey confirms that our focus on customer engagement is being recognized.”

Read the 2015 CGT Readers’ Choice article on Enterprise Resource Planning.

About the Readers’ Choice 2016 Survey

This benchmark issue draws on feedback from consumer goods executives to service and solution providers in the following categories: Supply Chain Execution, Supply Chain Planning, CRM, TPM, ERP, New Product Development and Introduction, Business Intelligence, Demand Data Analytics, Product Information Management, Consulting, Consumer Experience Management, Digital Commerce, Retail Execution, Mobility and Outsourcing. Results are spotlighted in the January 2016 edition of CGT magazine in print and online.

About Consumer Goods Technology (CGT)

Consumer Goods Technology (CGT) an integrated media brand, is the leading resource for consumer goods executives looking to improve business performance. Delivering content in print, online and face-to-face, CGT reaches an audience of more than 76,000 consumer goods executives ranging from managers and directors to VPs and CIOs. CGT also covers business and technology trends in all major segments of the consumer goods sector, including Food, Beverage, Packaged Goods, Consumer Electronics, OTC Pharmaceuticals, Health & Beauty Aids and Apparel/Footwear. For more information on CGT, visit www.consumergoods.com.

About QAD – The Effective Enterprise

QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models in the cloud, on-premise, or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises. For more information about QAD, call +1 805-566-6000, visit 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, 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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