QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB), a leading provider of enterprise software and services designed for global manufacturing companies, today announced that it has recently held an event, in collaboration with Automotive Industry Action Group (AIAG), for Ford automotive suppliers in Mexico.

Mexico's automotive market has been bolstered by a recovering North American market. According to the Wall Street Journal, analysts expect Mexico’s car and light-truck production to rise to about 4 million vehicles a year by the end of the decade. Suppliers are working hard to comply with OEM requirements.

Some 48 attendees representing 25 companies attended the event, held in Mexico City. The first session was designed to prepare the companies to meet stringent Ford Q1 requirements. As the regional trainer in Mexico for Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE), QAD shared global perspectives and outlined benefits of evaluating supply chain capability and performance. Presenters from Ford identified their specific requirements and expectations for completing the MMOG/LE v4 assessment.

“The event was a great opportunity to understand the enhancements made to MMOG/LE Version 4, the benefits of the basic and full assessments and Ford´s specific requirements to obtain the Q1 certification,” stated Juana Mejía, Customer Service Coordinator at Federal-Mogul.

“AIAG is pleased to collaborate with partners and suppliers in order to ensure the highest quality of products in the global automotive supply chain,” remarked Víctor Sordo, AIAG business development manager, Mexico. “MMOG/LE Version 4 provides suppliers with a prescriptive roadmap and library of best practices that improve materials management efficiency and effectiveness.”

“QAD is eager to work with Ford suppliers to evaluate and improve the supply chain and respond to the demands of the growing Mexican automotive industry,” said QAD Automotive Director Terry Onica. “MMOG/LE provides an ideal roadmap to ensure that suppliers meet the industry best practice guidelines required by manufacturers in the global automotive supply chain.”

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 as on-premise software, in the cloud with QAD Cloud ERP 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 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 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.