Leading Czech Sewing Machine Manufacturer Chooses QAD, IBM and Minerva for Enterprise Solution.CARPINTERIA, Calif.--(BUSINESS WIRE)--Sept. 22, 1999-- AMF AMF ACE (Allied Command, Europe) Mobile Force AMF Autorité des Marchés Financiers (French) AMF Action Message Format AMF Arab Monetary Fund AMF Asian Monetary Fund AMF Autocrine Motility Factor Reece CR Selects 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 and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) PowerSystem with Services from Minerva for "World Class" Industry-Specific Solution QAD (Nasdaq:QADI), a leading developer of e-business-enabled enterprise and supply chain applications, announced that AMF Reece CR, a.s., a manufacturer of industrial sewing machines based in Prostejov, Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , has selected the QAD and IBM PowerSystem, a complete e-business-enabled enterprise solution for mid-range manufacturers. Implemented with services from Minerva, this complete solution provides IBM Netfinity server technology and QAD enterprise software with a fixed, competitive price and guaranteed implementation schedule. At AMF Reece CR, where implementation of QAD Applications has already started, the decision to choose PowerSystem was made after management evaluated various other information systems. "We needed a fully integrated system capable of managing our production processes on a world-class level. We also wanted industry-specific functionality without unnecessary functionality not related to our business," explained Emil Moudry, AMF Reece CR Financial Manager. "That's why we chose PowerSystem and Minerva as our services provider." "Reference visits at other Minerva customers like Sauer Sundstrand a.s., KORADO a.s. and Mesit pristroje, s.r.o. convinced us that PowerSystem fulfills our requirements for an integrated and world-class solution suitable for a company of our size with 300 employees. "We will also be able to consistently provide the head office in 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. with high quality information about our operations. We saw that QAD Applications, as opposed to other software, is easier for users to learn and quickly use in their work. Additionally, the high-performance Netfinity server, a competitive price for the whole system and the possibility to finance the entire project were further reasons to choose PowerSystem," continued Moudry. The software contract was signed on Aug. 2, 1999, and the project is now being managed by a steering committee steer·ing committee n. A committee that sets agendas and schedules of business, as for a legislative body or other assemblage. steering committee Noun composed of AMF Reece CR managers and senior Minerva consultants. PowerSystem will completely replace AMF Reece CR's old information system, which was developed internally and modified regularly on demand, but did not connect all production and distribution processes and was not Y2K compliant Capable of correctly processing any data that deals with a date beyond the year 1999. See Y2K problem. . Indeed, concern about the old system's capability to manage dates from Jan. 1, 2000 was another reason for choosing a PowerSystem solution, which can be up and running in as little as four months. AMF Reece CR managers are already expecting a range of benefits after implementation is completed. "We anticipate that information will be clearer, more up-to-date and more accessible for those employees tracking production and with better information at all levels we want to optimize our business processes. The eventual result should be a decrease in inventories, shorter manufacturing cycles, generally lower production costs and increased productivity," concluded Moudry. Out-of-the-box PowerSystem enterprise solutions, available for Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. and UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). , are pre-tested, pre-integrated and include a complete package of business software, IBM servers, database, systems management, networking products and implementation services. About Minerva Minerva is a customer-focused international organization specializing in helping manufacturing and distribution companies solve their business problems by providing them with greater efficiency, control and productivity through the implementation of business systems. Minerva Ceska republika, a.s. is a subsidiary of Minerva International Holdings. With offices in Ceske Budejovice, Prague, Brno, Tabor, Most and Koprivnice, Minerva CR is able to provide its customers a full range of services from software installation and consultation to systems integration. Seven years' experience in the Czech 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. market and nearly 40 successful installations of QAD's MFG/PRO in more than 60 locations confirm Minerva's commitment to customer satisfaction. About QAD Founded in 1979, QAD is a leading provider of e-business-enabled enterprise and extended supply chain management software and services to multinational companies 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. Another important advantage is QAD's quick results wherever sites are located. QAD revenues for the fiscal year ended Jan. 31, 1999, totaled $193 million. For more information about QAD, tel: 805/684-6614, or visit the QAD Web site at www.qad.com. To receive any of QAD's news releases via facsimile, contact 800/356-0747, or outside the U.S. contact 213/253-5647. Note to Editors: QAD is a trademark and MFG/PRO(R) 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 news release contains certain forward-looking statements 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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