QAD
Inc. (Nasdaq: QADI), a leading provider of enterprise
software and services for global manufacturers, announced today that
Kinnerton Confectionery Co. Ltd., one of the UK’s largest manufacturers
of novelty and niche chocolate confectionery products, has deployed QAD
Enterprise Applications 2008. A QAD customer since 2001, Kinnerton
Confectionery upgraded to the latest version of QAD Enterprise
Applications (QAD 2008) to improve user efficiency, and reduce
operational costs across its international supply chain.
QAD
2008 is designed to meet the ever-changing needs of customers and
their employees in the highly competitive and fast-moving manufacturing
industries across all key functions and geographies. QAD provides a
complete set of software, services and support for customers’
manufacturing, supply chain and financial operations. The suite is also
designed to quickly improve efficiency whether employees are on the shop
floor or at the corporate office, through the use of flexible workflows
and automation.
Using a set of industry best practices and a wide range of upgrade
services, QAD
Global Services, the services and consulting arm of QAD, was able to
take Kinnerton Confectionery live on QAD Enterprise Applications 2008 in
just three months.
Matthew Davies, Head of IT and Commercial Supply Chain at Kinnerton
Confectionery said, "We have worked with QAD for many years and its
solutions continue to serve our business needs. We’re pleased that QAD
Global Services was able work in partnership with us to rapidly upgrade
our system and implement QAD Enterprise Applications 2008.”
Key to the applications suite is the emphasis on redefining the user
experience. The state-of-the-art QAD
.NET User Interface is both intuitive and user-friendly and works by
combining application flexibility and functional sophistication. As a
result, employees are more productive, and operational processes are
streamlined, allowing customers to realise significant ROI on their
upgrade.
"We are focused on developing technology solutions that truly impact our
customers’ business needs,” said Jean Claude Walravens, Vice President,
EMEA region, QAD. "It’s critical that we continue to provide our
customers throughout the world with manageable applications that
complement their existing business processes and lead to increased
efficiency across the board, including improved cost savings.”
For more information about QAD
Enterprise Applications 2008, go to www.qad.com.
About Kinnerton
Kinnerton Confectionery is a manufacturer of chocolate and novelty
confectionery and was established in 1978 to use character merchandising
to promote the sales of its chocolate confectionery. In April 2005,
Kinnerton was made part of Zetar Plc (www.zetarplc.com),
a group dedicated to the snack and confectionery industry. Today, with a
turnover of £65M we develop an extensive range of seasonal and everyday
confectionery from Easter eggs and Advent calendars, to chocolate bars
and chocolate miniature figures as well as chocolate and jelly
lollipops, processing over 6 thousand tonnes of chocolate every year.
Over the years our confectionery ranges have included some of the most
well known character names from film, TV and music as well as design led
brands. For more information about Kinnerton visit www.kinnerton.com.
About QAD
QAD is a leading provider of enterprise applications for global
manufacturing companies. 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. Manufacturers of automotive,
consumer products, electronics, food and beverage, industrial and life
science products use QAD applications at approximately 6,100 licensed
sites in more than 90 countries and in as many as 27 languages. For more
information about QAD, telephone +1 805 684 6614, or visit the QAD 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 2008 ended January 31, 2008.