New brand provides closer alignment to QAD's global strategy
SANTA BARBARA, Calif., April 5, 2019 /PRNewswire/ -- DynaSys, a leading provider of demand and supply chain planning solutions, today announced that the company will now be known as QAD DynaSys. QAD DynaSys is a division of QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB).
DynaSys was founded in Strasbourg, France in 1985 and in 2012, the company was acquired by QAD Inc. QAD DynaSys DSCP (Demand & Supply Chain Planning) is an enterprise-proven, functionally-rich advanced planning solution that helps global companies operate more effectively. Available in the cloud, it provides end-to-end solutions with specific capabilities for demand planning, inventory optimization, supply planning, manufacturing planning, financial planning, Sales & Operations Planning (S&OP) and Integrated Business Planning (IBP).
"Since becoming a part of QAD, QAD DynaSys has accelerated its global footprint and product development in the cloud to better support our customers. Our new name, QAD DynaSys, reflects the close ties that have been forged the past seven years with the QAD group allowing us to benefit from a global presence and advanced technology expertise," said QAD DynaSys President Ariel Weil. "Our name is changing but our mission remains the same— to empower global companies to realize supply chain excellence and agility through innovative technology and best-practice expertise while respecting our core values of trust and integrity."
QAD DynaSys DSCP is a best of breed solution. QAD DynaSys will continue to deliver demand and supply chain planning solutions in conjunction with QAD's ERP and enterprise software solutions worldwide.
About QAD DynaSys – Effective Enterprise Demand and Supply Chain Planning
QAD DynaSys, a division of QAD Inc., (QADA) (QADB), provides Demand and Supply Chain Planning solutions. Since 1985, QAD DynaSys provides an integrated and collaborative planning solution that allows businesses to optimize their supply chains, including sales and operations planning, demand planning, network and inventory and business resources optimizations. QAD DynaSys software enables customers and partners in industries such as the food and beverage, consumer packaged goods, life sciences, apparel, luxury, high tech, automotive, distribution and retail verticals to meet their goals of better managing Demand and Supply Chain Planning, and becoming more Effective Enterprises.
About QAD – The Effective Enterprise
QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB) is a leading provider of flexible, cloud-based enterprise software and services for global manufacturing companies. QAD Cloud ERP for manufacturing supports operational requirements in the areas of financials, customer management, supply chain, manufacturing, service and support, analytics, business process management and integration. QAD's portfolio includes related solutions for quality management software, supply chain management software, transportation management software and B2B interoperability. Since 1979, QAD solutions have enabled customers in the automotive, consumer products, food and beverage, high tech; industrial manufacturing and life sciences industries to better align operations with their strategic goals to become Effective Enterprises.
To learn more, visit www.qad.com or call +1 805-566-6000.
"QAD" is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners.
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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 Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.
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