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|QAD Will Exhibit at AIAG 2018 Supply Chain Summit|
AIAG will host this year's summit, titled "Is Your Supply Chain Ready?" at the Laurel Manor Banquet and Conference Center in
"The AIAG Supply Chain Summit is an extremely important event and I look forward to participating," said Onica. "One of QAD's unique strengths is that that we work with industry groups like AIAG to help refine industry processes via global standards development and best practices. AIAG brings together an important collection of industry experts and there is no better place than an AIAG event to meet with your peers, discuss ideas and learn the latest trends."
QAD Cloud ERP Automotive Edition is a solution that effectively addresses automotive industry requirements. Its automotive-specific processes and built-in industry best practices help automotive suppliers reduce costs, mitigate supply chain risk and improve supply chain planning and visibility. In addition, it helps automotive manufacturers comply with the automotive industry standard ISO/TS 16949 on the quality front, Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) on the delivery side, and electronic data interchange (EDI) for transacting and communicating across the supply chain.
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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
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