OREANDA-NEWS. January 11, 2017. QAD Inc. (Nasdaq:QADA) (Nasdaq:QADB), a leading provider of enterprise software and services for global manufacturing companies, today announced that it is a finalist in the 2016-2017 Cloud Awards program in the Best Cloud HR, Payroll or ERP Solution category. Winners will be announced Jan. 31, 2017.

Now entering its seventh year, the Cloud Awards program celebrates excellence and innovation in the rapidly growing cloud computing market. The program awards organizations of any size including startups and government entities.

A growing number of our existing customers are migrating to the cloud, while new customers are increasingly choosing QAD Cloud ERP, said QAD Chief Technology Officer Tony Winter. Its a trend that will continue as more companies realize the many benefits of cloud-based software. In such a competitive year its a special honor for QAD to be recognized as a finalist in the 2016-17 Cloud Awards.

Over 300 organizations took part this years Cloud Awards, with entries coming from the Americas, Australia, Europe and the Middle East. The full shortlist can be viewed here: https://www.cloud-awards.com/ 2017-shortlist.

The standard of entries has been staggering, said Cloud Awards organizer Larry Johnson. This high level of excellence is reflected in the size of organization we are seeing enter from startups to blue chips, and everything in between. Every organization on the shortlist is a worthy candidate, and the judges have had the most difficult time this year finding the best of the best, due to the standard and volume of entries.

The QAD nomination for the Cloud Awards cited several key cloud innovations including QADs blended option for manufacturers wanting to move to cloud over time, its cloud management layer, which offers 99.5% or better system availability and QAD Internationalization, which helps manufacturers with challenges associated with globalization, including language, reporting and regulatory compliance requirements. Mr. Winter explained that, We believe the ERP industry has been moving, and will continue to move, to the cloud and we believe that QAD Cloud ERP is well positioned as a full-strength solution delivered in the cloud to support global manufacturing companies.

QAD Cloud ERP is a full-featured ERP with extensive multi-GAAP and internationalization capabilities. QAD Cloud ERP scales to thousands of users. The associated development and support processes are ISO 9001:2008, ISO 20000:2011 and ISO 27001:2013 certified. Data centers are SSAE 16 compliant and support is available 24x7x365 globally in 12 languages, staffed by QAD.

About the Cloud Awards

The Cloud Awards is an international program, which has been recognizing and honoring industry leaders, innovators and organizational transformation in cloud computing since 2011. The awards are open to large, small, established and startup organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud as we move into 2017 and beyond. Categories include Most Promising startup, Best SaaS, and Best in Mobile Cloud Solution. Finalists were selected by a judging panel of international industry experts. For more information about the Cloud Awards please visit http://www.cloud-awards.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 Companys business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the companys 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.