AT&T Wireless Implements QAD eQ B2B Applications.Business Editors CARPINTERIA, Calif.--(BUSINESS WIRE)--April 4, 2000 QAD QAD Quality Assurance Division QAD Quality Assurance Department QAD Quick And Dirty QAD Quality Audit Division QAD Quick Attach/Detach QAD Question Answer Detail (language arts education) QAD Quality Application Development eQ Enables AT&T Wireless to Realize Significant Benefits Through Unattended B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Transaction Processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. Via the Internet QAD (Nasdaq:QADI), a leading developer of industry-specific e-business solutions for manufacturers and distributors, today announced that as part of a successful beta program, AT&T Wireless has purchased and implemented QAD eQ business-to-business (B2B) applications for its Digital Broadband services. This implementation by AT&T Wireless establishes QAD as one of the few companies able to deliver end-to-end B2B transaction management solutions that are fully integrated with back-end ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. solutions. "AT&T utilizes a complex network of independent distributors that places intense demands on any B2B replenishment solution," said QAD President and Chairman Pam Lopker. "QAD eQ meets that challenge, enabling AT&T to adopt a highly collaborative business model that improves their ability to manage and service a large volume of personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. and organizational relationships." As AT&T Wireless completes its roll-out of QAD eQ, it stands to realize a significant payback from its investment. The company now projects that the solution will enable it to manage its entire order processing operation with a staff of only six. QAD eQ will also allow AT&T to conduct business with only 10 days of inventory, regardless of fluctuations in demand. "B2B environments require the coupling of e-sales systems -- including flexible order management -- to back-end ERP systems," said Barry Wilderman, vice president in META Group's Application Delivery Strategies. "We believe that vendors like QAD have the vision to provide an integrated solution from raw materials to product delivery." Through complete integration of QAD eQ with QAD MFG/PRO Enterprise applications, AT&T Wireless will gain the ability to automatically process transactions and replenish its distribution centers. This will allow AT&T Wireless to receive input from its distribution centers and carriers via the Internet, automatically send instructions to the most appropriate manufacturing facilities for assembly, and ship products the following day. AT&T contracted with QAD Global Services for implementation of the complete eQ B2B applications suite. QAD Global Services completed the first stage of the implementation in just under 60 days. A long-time satisfied user of QAD MFG/PRO software, AT&T utilizes a Web-enabled version of MFG/PRO to Internet-enable its factory operations, facilitating the roll-out of the new eQ B2B technology. QAD eQ B2B applications enable companies to make the transformation to e-business through a suite of applications consisting of Sell-Side, Fulfillment, Replenishment and Buy-Side Management, with Trade and Sourcing Exchanges. Through an advanced B2B Relationship Framework, QAD eQ executes transactions based on the agreements and preferences of key parties making up the supply chain. This allows a company to leave daily decisions to policies embedded in the QAD eQ order management logic. About QAD Founded in 1979, QAD is a leading provider of industry-specific e-business software and services to multinational manufacturers and distributors of all sizes, with special focus on the mid-market. Available in 26 languages and able to support multiple currencies, QAD software helps speed business processes for more than 300,000 licensed users at more than 4,000 licensed sites in more than 80 countries. QAD software is specifically designed for global manufacturers in the following targeted industries: automotive, consumer products, electronics, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , industrial and medical products. For more information about QAD, telephone 805/684-6614, or visit the QAD Web site at http://www.qad.com. To receive any of QAD's news releases via facsimile, contact 800/356-0747 or, outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , contact 213/253-5647. Note to Editors: QAD is a trademark and MFG/PRO is a registered trademark of QAD Inc. All other products or company names herein may be trademarks of their respective owners. This news release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made under the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. They include, but are not limited to, risks involving demand for the company's software products and products that operate with the company's products, the publication of opinions by industry analysts about the company, technological advances of new or existing competitors, delays in localizing the company's products, delays in sales due to lengthy sales cycles, changes in operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , pricing, timing of new product releases, the method of product distribution or product mix, and general economic factors that might affect the company or the enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP) software industry. In addition, revenue and earnings in the ERP software industry are subject to fluctuations. For a more detailed description of the risk factors associated with the company and the industry, refer to the company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended Jan. 31, 1999, and other reports and documents filed with the SEC, which are publicly available, copies of which can also be obtained by contacting the company's investor relations Investor relations The process by which the corporation communicates with its investors. department at 805/566-5139. The company undertakes no obligation to publicly update or revise any forward-looking statements. |
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