Base Ten and QAD announce strategic alliance.TRENTON, N.J.--(BUSINESS WIRE)--April 23, 1997--Base Ten Systems, Inc. (NASDAQ/NMS:BASEA BASEA Boston Area Solar Energy Association ) announced finalization of an agreement with 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 Inc., one of the leading vendors of computer software for 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 (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. ). Under the terms of the Agreement, Base Ten will have full access to QAD's MFG/PRO product for the purposes of integrated in with Base Ten's own PHARMASYST(R) solution. QAD had selected Base Ten as a strategic MES (Manufacturing Execution Software) Software that provides real time access to plant activities that include equipment, labor, orders and inventory. An MES integrates the data with enterprise resource planning (ERP) systems so that management has complete control of partner and after careful consideration, and Base Ten is the only MES vendor having this form of relationship with QAD/1. Commented Stephen Cloughley, Base Ten's Director of Marketing, "We are delighted to consummate our relationship with QAD, since we believe that it will enable Base Ten to bring a new level of service to those companies committed to MFG/PRO and PHARMASYST/1. QAD's strong, profile in the regulated industry, particularly in medical devices and other consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , lines up very well with Base Ten's "narrow and deep" focus on FDA-regulated industries." Base Ten Systems, Inc. is a diversified technology company concentrating on safety critical products in Manufacturing Execution Systems, Medical Imaging Software and Weapons Control Systems. -0- /1: Forward Looking Information: The foregoing contains forward looking information within the meaning 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. These statements appear in a number of places and can be identified by a "/1" reference to a particular section of the foregoing or by the use of such forwarding-looking terminology such as "believe", "expect", "may", "will", "should", or the negative thereof or variations thereof. Such forward looking statements involve certain risks and uncertainties, particularly with respect to the benefits to be achieved from this relationship, none of which can be assured. Actual results may differ materially from such forward looking statements. The Company does not undertake to publicly update or revise its forward looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized. CONTACT: Base Ten Systems, Inc. Edward J. Klinsport, 609/586-7010 or Strategic Growth Int'l Inc. Richard Cooper/Robert Schatz, 516/829-7111 |
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