World's Leading Manufacturers Assemble to Explore Collaborative Commerce and Lean Supply Chain Management with Industry Leader QADEleventh annual QAD Global User Conference underscores critical need to leverage collaborative manufacturing processes to drive manufacturing excellence and build competitive advantages. Carpinteria, CAMay 6, 2002QAD (Nasdaq: QADI), a leading provider of collaborative commerce applications for manufacturers, will host more than 1,000 attendees from global manufacturers in the automotive, consumer packaged goods, high-tech electronics, food & beverage, medical, and specialized industrial manufacturing markets at its 11th annual Explore User Conference in Long Beach, Calif., May 5 - 8, 2002. The conference will be highlighted by an address and interactive Q&A session with Jack Welch, former chairman and CEO of General Electric. Attendees will also hear Carol Ptak, global solutions segment executive of IBM, and Todd Buchholz, author of Market Shock, share insights on manufacturing and the market, in addition to success stories from international customers, and presentations from QAD and its partners on manufacturing strategies. "This year's conference provides a forum for global manufacturers, media and analysts to learn how some companies are using QAD solutions to drive their capacity for growth and to consider the importance of making collaborative commerce and lean supply chain management an integral part of competitive manufacturing strategies," commented Pam Lopker, QAD president and founder. Sponsored by IBM, Sun Microsystems, Eagle Consulting, Deloitte & Touche, and Progress Software, Explore 2002 is designed to highlight customer successes, and to provide a valuable opportunity to gather information about industry trends, learn about technology innovations from QAD and its partners, and participate in training sessions and live demonstrations of QAD solutions. The Partners Expo will feature demonstrations and exhibits. QAD has fielded a record number of requests from customers wishing to present their success stories during Explore 2002. The following are among those scheduled to present:
"We believe Explore 2002 offers a well-rounded blend of information, product news, and training sessions for our customers," said Mike Lodato, chief marketing officer at QAD. "We are excited to host so many global leaders, and look forward to sharing the conference findings upon its conclusion." For complete information on the Explore User Conference visit http://explore.qad.com About QAD ### "QAD" and "MFG/PRO" are registered trademarks 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 publication of opinions by industry analysts about the company, its products and technology, the entry of new competitors and their technological advances, delays in localizing the company's products for new markets, 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; and general economic factors. In addition, revenue and earnings in the enterprise resource planning (ERP), e-business and collaborative commerce software industries are subject to fluctuations and the growth rates recently experienced by the company do not necessarily represent future operating results. Investors should not use any one quarter's results as a benchmark for future growth. For a more detailed description of the risk factors associated with the company and the industries in which they operate, please refer to the company's Annual Report on Form 10-K for the fiscal year ended January 31, 2001. For additional information, contact:
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