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Current Location: United States
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| Free half day planning and scheduling seminars are available in the UK. They are run regularly in Huddersfield, Coventry and Chippenham and occasionally at other venues. |
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| Thursday, March 18, 2010 |
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Preactor International, a leading provider of advanced planning and scheduling (APS) solutions, today announced a partnership agreement with QAD Inc. (QADI), a leading provider of enterprise software and services for global manufacturers, to offer its solutions to QAD customers .
QAD’s Enterprise Applications solutions provide the functionality manufacturing companies need to manage resources and operations. Preactor APS solutions, can allow companies to improve their bottom line through lower inventory and work-in-progress levels, as well as achieving higher efficiency and better on-time delivery performance. Preactor solutions are in use by many companies currently using QAD Enterprise Applications who operate globally in a variety of industries.
Preactor International has over 16 years experience in the advanced planning and scheduling market and it’s products are installed at over 2,500 companies, making Preactor one of the most installed APS solutions on the market today.
“We have many joint customers who use our products alongside QAD Enterprise Applications,” said Mike Novels, CEO of Preactor International. “Preactor is a proven solution within the QAD ecosystem of users and we look forward to extending this relationship working closely with QAD. In today’s challenging market companies are looking for help to manage resources more effectively in situations where both supply and demand are uncertain. Working with QAD, Preactor aims to deliver this help.”
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 4,000 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, or join the QAD Community by visiting www.qad.com/community.
"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 2009 ended January 31, 2009.
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