SORRENTO, Italy—(BUSINESS WIRE)—November 18, 2008— QAD Inc., (Nasdaq: QADI), a leading provider of enterprise software and services for global manufacturing companies, today announced that as a member of the PTC (Nasdaq: PMTC) Channel Advantage™ Program, QAD will now offer the PTC product suite to customers throughout Europe. The partnership is especially significant for global manufacturers who already use QAD Enterprise Resource Planning software and who would like to further improve efficiencies around product development by adding complementary PLM solutions.
Given the global economic downturn, the dramatic changes in currency and stringent environmental and import/export compliance requirements across the region, European manufacturing companies are looking for innovative ways to better manage their businesses and remain competitive. The combination of ERP and PLM solutions stands to help them realize shortened project cycles, improved product quality, collaboration across the supply chain, significant cost savings and increased customer satisfaction.
At QAD Explore EMEA, a customer conference held in Sorrento, Italy this week, Phillipe Faure, CIO of joint QAD and PTC customer Gemalto, the world leader in digital security, said, "At Gemalto we are always looking for innovative solutions that will help us accelerate product design, deliver more product faster around the world, and manage the ever-changing environmental and trade compliance issues. This in mind, we see great potential for integrating QAD Enterprise Applications with PTC Windchill and other PTC products as we expand our international business. We are making plans to evaluate the integration soon.''
QAD Enterprise Applications, a comprehensive set of integrated business solutions designed for a new generation of software users, are already installed at some 6,100 customer sites in more than 90 countries. As a PTC Channel Advantage Reseller, QAD will now be able to introduce the PTC Product Development System (PDS) to customers in the automotive, high technology, industrial equipment and life sciences industries. The integral PTC PDS is comprised of market-leading Pro/ENGINEER®, Windchill®, Arbortext®, Mathcad®, and ProductView™ products, which have been designed to work together to help companies optimize their product development processes.
''By combining QAD's enterprise software expertise with PTC's leading product development solutions and expertise, our customers can gain significant competitive advantage through this partnership,'' said Pamela Lopker, president and founder of QAD. ''We view it as another important step toward realizing our vision for the Perfect Lean Market for manufacturing - a frictionless value chain where efficiency is optimized and waste is eliminated.''
This partnership will offer a ''one-stop-shop'' for QAD customer ERP and PLM needs. With the addition of PTC product development solutions to their existing QAD implementation, customers can confidently approach today's economic uncertainty by demonstrably improving the efficiency of their own global business processes. QAD's strong international presence, deep knowledge of manufacturing industry processes, and its ability to now also provide customers in its targeted vertical markets with a comprehensive PLM solution that complements their enterprise manufacturing solutions, is a prime advantage of this partnership.
''PTC has recently begun to broaden its reseller network to expand its reach into manufacturing companies of all sizes around the globe,'' said Paul J. Cunningham, executive vice president, Worldwide Sales, PTC. ''We believe that customers in Europe, the Middle East and Africa who choose to use QAD Enterprise Applications in conjunction with PTC's product development solutions will benefit from increases in overall product development efficiencies and as a result improve time-to-market, control costs and drive competitive differentiation.''
QAD is a ''Total Solution Provider'' for PTC solutions. Together, QAD and PTC provide strategic business solutions, data management services, enterprise services, training and conversion services to customers worldwide. PTC's Channel Advantage Program was recently chosen out of a multitude of vendor programs by VARBusiness Magazine to be named a 5-Star Partner Program. This award recognizes vendor partner programs which have the most comprehensive offerings for their markets and technology sets.
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 6,100 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 Web site at www.qad.com.
''QAD" is a registered trademark of QAD Inc. PTC and its logo, The Product Development Company, Pro/ENGINEER, Wildfire, Windchill, Arbortext, Mathcad, ProductView and all PTC product names and logos are trademarks or registered trademarks of Parametric Technology Corporation or its subsidiaries in the United States and in other countries.
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