21.06.2011 14:05:00
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QAD Named HP AllianceONE Partner of the Year
QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB), a leading provider of enterprise business software and services for global manufacturing companies, announced today that it has been recognized by HP as the AllianceONE Partner of the Year in the HP Cloud Maps category.
Tony Winter, chief technology officer for QAD, received the award from HP during a ceremony on June 6, 2011, that was held in conjunction with HP DISCOVER Americas, the company’s annual enterprise technology education and training event held in Las Vegas through June 10.
The HP AllianceONE Partner of the Year Awards are presented to an exclusive set of HP alliance partners in recognition of their outstanding accomplishments in the development and delivery of innovative solutions that achieve standard-setting levels for business excellence and client satisfaction.
"We’re very honored to receive this award,” said Winter. "QAD and HP have enjoyed a 30-plus year relationship developing and leveraging our respective innovations to deliver best-of-breed solutions that enable companies to help grow their business more efficiently and cost effectively. This award validates our teams’ dedication and hard work, and QAD's innovation in support of the evolution to the cloud and on-demand applications.”
HP Cloud Maps are navigational tools to accelerate the creation of a service catalog by providing a guide to automate infrastructure and application provisioning and deployment. The HP Cloud Map for QAD Enterprise Applications 2011 Enterprise Edition (QAD 2011 EE) provides users a reference template to automate the infrastructure provisioning and deployment for QAD 2011 EE environments.
One of the benefits of this template-approach to service creation is the opportunity to employ significant standardization for consistent and repeatable provisioning processes and reduce human error when approaching each application deployment as an isolated, customized event.
"To manage the changing demands of their customers, organizations have to accelerate time to market and time to business value,” said Duncan Campbell, vice president, Converged Infrastructure, HP. "HP, with partners like QAD, helps break down rigid IT silos with infrastructure specifically engineered to drive out cost and provide the foundation for agile service delivery.”
For IT departments, infrastructure and application provisioning can be time consuming and resource draining. To learn more how HP and QAD are simplifying this process, download the technical white paper: HP Cloud Map for QAD Enterprise Applications 2011 Enterprise Edition – Importing the Template: An HP Reference Architecture for QAD.
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 2011 ended January 31, 2011.
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