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| [November 27, 2012] |
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SteriPack Global Medical Packaging Manufacturer Extends QAD Enterprise Applications Life Science Edition to New Facility in U.S.
SANTA BARBARA, Calif. --(Business Wire)--
QAD Inc. (NASDAQ: QADA (NASDAQ: QADB), a
leading provider of enterprise software and services for global
manufacturers, today announced SteriPack
Group, a global provider in high quality medical packaging
solutions, is extending its implementation of QAD
Enterprise Applications Life Science Edition. With existing
implementations of QAD in Ireland, Poland and Malaysia, SteriPack is now
implementing QAD Enterprise Applications at its first U.S.-based
operations.
"QAD Enterprise Applications offer SteriPack USA business process
continuity across all of our facilities," said Tony Paolino, president,
SteriPack USA. "Extending QAD to SteriPack USA enables us to rapidly
onboard new operations that can run at peak performance to deliver
consistent supply to our medical device customers."
QAD Offers the Power of Process Continuity to Global Life Science
Customers
QAD Enterprise Applications provide powerful end-to-end capabilities
that improve business performance across a global enterprise. Available
in multiple languages with true multi-tiered on-premise QAD On Demand
software as a service (SaaS (News - Alert)) and hybrid deployment options, QAD supports
the needs of global life science companies like SteriPack to deliver to
consistent quality and comply with regulatory requirements regardless of
deployment options.
QAD Enterprise Applications support critical quality requirements,
including regulatory compliance, CAPA, and Device History/Electronic
Batch Record requirements. QAD solutions can be simply validated to
comply with Current Good Manufacturing Practices (cGMP). QAD provides
capabilities and tools to enable SteriPack services to deliver the very
highest levels of quality at all times. QAD offers enhanced controls and
audit capabilities, along with eSignature support to help meet the
mandate of compliance tracking.
End-to-End Multi-site Capabilities for Plant Locations an Financials
Designed for single- or multi-site operations, QAD Enterprise
Applications accommodate different production models, plant locations,
and financial structures for global manufacturing companies in more than
90 countries, 27 languages, and in multiple currencies.
"Today's manufacturing companies, like SteriPack, need enterprise
solutions that provide the utmost agility for the rapidly shifting
global marketplace," said Steve Gardner, EMEA vice president, sales and
marketing, QAD. "QAD Enterprise Applications and QAD On Demand give
medical device manufacturers a flexible, cost-effective, global ERP
solution to help them bring their products to market on time, while
meeting regulatory requirements and managing risk."
To learn more about QAD Enterprise Applications for Life Sciences, visit http://www.qad.com/erp/Life-Sciences/.
About SteriPack
SteriPack is a leading global supplier of cleanroom sterilized packaging
solutions for the medical device industry, offering a one-stop solution
for medical device companies looking to have their products assembled,
packaged, sterilized, and tested. For more information, please visit http://www.SteriPackgroup.com/.
About QAD
QAD is a leading provider of enterprise applications for global
manufacturing companies specializing in automotive, consumer products,
electronics, food and beverage, industrial, and life sciences products.
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.
For more information about QAD, telephone +1 805-566-6000, or visit the
QAD web site at 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. Words such as "expects",
"believes", "anticipates", "could", "will likely result", "estimates",
"intends", "may", "projects", "should", and variations of these words
and similar expressions are intended to identify these forward-looking
statements. Forward-looking statements are based on the company's
current expectations and assumptions regarding its business, the
economy, and future conditions. 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 2012 ended January 31, 2012, and
in particular, the section entitled "Risk Factors" therein, and in other
periodic reports the company files with the Securities and Exchange
Commission.

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