0001437749-17-011156.txt : 20170804 0001437749-17-011156.hdr.sgml : 20170804 20170612194547 ACCESSION NUMBER: 0001437749-17-011156 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20170612 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QAD INC CENTRAL INDEX KEY: 0001036188 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770105228 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 100 INNOVATION PLACE CITY: SANTA BARBARA STATE: CA ZIP: 93108 BUSINESS PHONE: 8055666000 MAIL ADDRESS: STREET 1: 100 INNOVATION PLACE CITY: SANTA BARBARA STATE: CA ZIP: 93108 CORRESP 1 filename1.htm qada20170612_corresp.htm

 

 

QAD Inc.

100 Innovation Place

Santa Barbara, CA

93108 USA

 

Tel + 1 805 566 6000

Fax + 1 805 566 6080

http://www.qad.com

June 12, 2017  

 

 

Ms. Kathleen Collins
Accounting Branch Chief

Office of Information Technologies and Services
Securities and Exchange Commission
Washington, D.C. 20549

 

Dear Ms. Collins:

 

QAD Inc. (the “Company”) submits this letter in response to your comment letter dated June 2, 2017 in reference to our Form 10-K for the Fiscal Year Ended January 31, 2017, File No. 001-35013.

 

In this letter, we have recited the Staff’s comment in italicized type and have followed it with the Company’s response.

 

Risk Factors

 

We are dependent on Progress Software Corporation, page 21

 

1. It appears that you are substantially dependent on your license agreement with Progress Software Corporation. In this regard, a majority of the QAD Enterprise Applications are written in a programming language that is proprietary to Progress Software Corporation and the QAD Enterprise Applications do not run within programming environments other than Progress. Please file the agreement or tell us why you believe that it is not required to be filed. Refer to Item 601(b)(10) of Regulation S-K.

 

 

Response:

 

The agreement between the Company and Progress Software referred to in our risk factors and your comment above, is a certain Partner Agreement entered into February 1, 2007 between the Company and Progress Software (as amended, the “Partner Agreement”). The Company will promptly file the Partner Agreement in redacted form with an exhibits-only amended Form 10-K together with a related Confidential Treatment Request pertaining to the Partner Agreement.

 

We believe this letter is responsive to your request. Do not hesitate to contact us should you need any additional information on this matter.

 

 

 

Securities and Exchange Commission

June 12, 2017

Page 2

 

 

 

Sincerely yours,

 

 

/s/ Daniel Lender

Daniel Lender
Executive Vice President, Chief Financial Officer
QAD Inc.

 

Cc:   Gabriel Eckstein, Attorney-Advisor

        Securities and Exchange Commission

 

        Blase Dillingham, Esq.

 

 

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