QAD Reports Third-Quarter--Revenue Rises 56 Percent
P.J. Jakovljevic - December 1, 1999

Event Summary

Karl F. Lopker, QAD's Chief Executive Officer, stated, 'Our third-quarter growth was due to a number of key strategies that are now showing results. They include: our geographic expansion made through acquisitions, the continued expanding demand for services from QAD's Global Services Business and the growing demand for our Web-enabled MFG/PRO 9.0. In addition, the alignment of our cost structures with target levels has been completed.'..