QAD Precision Chosen as a Top 100 Logistics IT Provider by Inbound Logistics

QAD Precision, a division of QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB), today announced it has been recognized by Inbound Logistics as a Top 100 Logistics IT Provider for 2021.

Every year, Inbound Logistics editors recognize 100 logistics IT companies that support and enable logistics excellence. Drawn from more than 400 companies using questionnaires, personal interviews and other research, Inbound Logistics selects the Top 100 Logistics IT Providers for each year. Editors seek to match readers' fast-changing needs to the capabilities of those companies selected. All companies selected reflect leadership by meeting Inbound Logistics readers' needs for scalability, simplicity, fast ROI and ease of implementation.

“Inbound Logistics is proud to honor QAD Precision for innovative solutions empowering logistics, trade and transportation excellence in 2021,” said Felecia Stratton, Editor, Inbound Logistics. “The importance of supply chain and logistics technology solutions has been brought to the forefront for many companies as a result of recent business disruptions. Our audience continues to rely on technology solutions to drive efficiencies, provide visibility and hone execution. The editorial selection team had their work cut out for them, ultimately selecting only 100 technology solutions leaders from the 400+ candidates.”

“We are very pleased to have been recognized once again by Inbound Logistics as a Top 100 Logistics IT Provider,” said Corey Rhodes, President of QAD Precision. “Our end-to-end integrated global trade and transportation solution includes import, export, foreign-trade zone and global logistics solutions to help large and complex companies simplify global trade processes, reduce their tax burden, and increase logistics ROI.”

The Top 100 Logistics IT Providers list appears in the April 2021 magazine edition and will be posted online at www.inboundlogistics.com by the end of April.

About QAD Precision – Trusted Global Trade and Transportation Execution

QAD Precision, a division of QAD Inc., provides industry-leading global trade compliance, and multi carrier transportation execution solutions from a single, integrated platform. An ISO-certified company, QAD Precision assists companies to streamline their import, export and transportation operations, optimize deliveries, and increase logistics ROI. QAD Precision's scalable and extensible solution easily integrates with existing ERP and WMS solutions. Industry leaders in every region of the world rely on QAD Precision's global support centers to leverage thousands of carrier services and manage millions of global trade and shipping transactions every day. For more information about QAD Precision, visit www.qadprecision.com.

About Inbound Logistics

Since its inception in 1981, Inbound Logistics' educational mission is to illustrate the benefits of demand-driven logistics practices, give companies the knowledge to help them match the inbound flow of materials to their demand, and align their business process to support that shift. Inbound Logistics offers real-world examples and decision support to guide businesses to efficiently manage logistics, reduce and speed inventory, and offset rising transport costs, supporting business scalability across their value chain. More information about demand-driven logistics practices is available at www.inboundlogistics.com.

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 the COVID-19 (novel coronavirus) pandemic or other catastrophic events that may harm our business; adverse economic, market or geo-political conditions that may disrupt our business; 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.

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