Press release

QAD Automotive Director Terry Onica to be Inducted into the 2021 Class of the Women in Manufacturing Hall of Fame

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QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB), a leading provider of next-generation manufacturing and supply chain solutions in the cloud, announced today that Automotive Director Terry Onica has been named as one of nine outstanding women leaders who make up the 2021 class of Women in Manufacturing Hall of Fame inductees.

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QAD Automotive Director Terry Onica (Photo: Business Wire)

QAD Automotive Director Terry Onica (Photo: Business Wire)

“I’m honored to be included in this amazing group of women manufacturing professionals,” said Onica. “During my career, I have been lucky enough to work with and mentor so many amazing women in the automotive manufacturing world. It’s great to see what women bring to manufacturing being recognized. We need to continue to expand the circle, support and encourage women of all ages into this rewarding and exciting world of manufacturing.”

The Women in Manufacturing Hall of Fame was created in 2019 by the Women in Manufacturing Association (WiM) and proceeds raised through its efforts support the Women in Manufacturing Education Foundation (WiMEF). The WiM Hall of Fame honors women who have, over the course of their careers, made exceptional contributions to the manufacturing industry and to the advancement of women in the field. The inductees embody WiM’s mission of supporting, promoting and inspiring women in the manufacturing industry.

“The nine honorees who will make up our second-ever class are a prestigious group, each of whom has made significant, lasting contributions to our industry,” said WiM President Allison Grealis. “They are true trailblazers whose work has created opportunity for countless other women. We are thrilled and honored to recognize them in this special way.”

Inductees were nominated by their colleagues and industry peers and selected by a judging panel of WiMEF Executive Committee Board Members along with WiM staff. The inductees were chosen based on their significant contributions to the advancement of women in manufacturing.

Onica, along with the rest of the group of exceptional women, will be officially welcomed to the Hall of Fame with an Induction Ceremony & Gala on October 6, 2021 as part of WiM’s 11th annual SUMMIT event. The event will be held in Cleveland, OH with an option to participate virtually as well.

For more information about the Women in Manufacturing Hall of Fame and the 2021 WiM SUMMIT, visit the WiM website.

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of next-generation manufacturing and supply chain solutions in the cloud. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.

Founded in 1979 and headquartered in Santa Barbara, California, QAD has 30 offices globally. Over 2,000 manufacturing companies have deployed QAD solutions including enterprise resource planning (ERP), demand and supply chain planning (DSCP), global trade and transportation execution (GTTE) and quality management system (QMS) to become an Adaptive Manufacturing Enterprise. To learn more, visit www.qad.com or call +1 805-566-6100. Find us on Twitter, LinkedIn, Facebook, Instagram and Pinterest.

“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 the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; 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.