10.07.2007 12:00:00

Precision Software Enables Visible Global Transportation from a Single System

Precision Software, a division of QAD Inc. (NASDAQ:QADI), today announced the latest expansion of its leading-edge global trade and transportation management solution, Precision TRAXi3, which was previewed recently at Precision's user's conference, Global Exchange 2007 in Chicago. Precision’s latest software release provides an enterprise scope solution for both production and non-production environments. The addition of a new web-based supply chain visibility portal and a new web-based non-production desktop shipping portal enables companies to reduce inventories and streamline shipping practices by making more effective decisions about the movement of goods and materials within the boundaries of the company and across the supply chain. Precision TRAXi3 builds on the solution’s extensive capabilities for multi-carrier parcel and freight shipping, global trade management and freight audit with additional tracking, reporting, screening and optimization of multi-modal and multi-carrier shipments. Built on a single platform, the new version leverages its integrated capabilities for both the heavy duty shipper and the infrequent user with OnPremise, OnDemand and OnAppliance deployment options. "Over the years our business has transformed into one of global presence, with daily shipping requirements throughout North and South America, as well as Asia, Australia, and Europe,” said Connie Glogowski, Senior Project Manager at Pioneer Balloon Company. "We’re excited about the multi-carrier shipping capabilities; utilizing carriers we’re all familiar with to manage our imports and exports as well as the ad hoc shipping requirements of our corporate staff for samples and sales materials. The consolidated information collected will give us business intelligence about how well we manage our freight today, as well as how we can better manage our freight tomorrow. We anticipate that this new TRAXi3 release from Precision will deliver significant cost savings and we will have fewer headaches.” Greg Lloyd, Precision Software's president, said, "Precision’s TRAXi3 version 7.0 delivers on our vision to provide shippers with a single global system to manage their supply chain activity. With this release we are helping to simplify both production and non-production shipping of goods on a global scale and addressing the demands for clear visibility across the supply chain to control costs. The latest enhancements to the suite ensure that our customers benefit from effective cost management of carriers and goods, both within their organization and across their entire global supply chain." Precision’s TRAXi3 Version 7.0 workflow-based and rules-driven engine allows customers to build the system according to their unique business processes, ensuring that every shipment follows 'best practice'. To learn more, visit www.precisionsoftware.com or www.qad.com. About Precision Software Established in 1984, Precision Software, a wholly owned subsidiary of QAD Inc., develops industry-leading software specializing in the area of visible global transportation. A unique offering that is system neutral, Precision’s TRAXi3 suite is a fully integrated enterprise solution that provides visibility & control of the movement of both production and non-production items. With state-of-the-art functionality for multi-modal, multi-carrier shipping, trade compliance, international trade management, freight audit & approval, supply chain visibility and intra-company shipping, the latest version of Precision’s TRAXi3 suite offers a range of deployment options such as OnDemand – OnPremise – OnAppliance to meet the business needs of its strong customer base. Precision has a solid track record across multiple verticals including healthcare, pharmaceutical, chemical, CPG, electronics, manufacturing, food & beverage, 3PL and Forwarding; and has established the TRAXi3 suite as a proven domestic and global trade logistics solution. For more information about Precision’s TRAXi3, please visit www.precisionsoftware.com or email info@precisionsoftware.com. About QAD QAD is a leading provider of enterprise applications for global manufacturing companies. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. Manufacturers of automotive, consumer products, electronics, food and beverage, industrial and life science products use QAD applications at approximately 5,800 licensed sites in more than 90 countries and in as many as 27 languages. For more information about QAD, telephone +1 805-684-6614, or visit the QAD Web site at: www.qad.com. "QAD” is a registered trademark of QAD Inc. All other products or Company names herein may be trademarks of their respective owners. Note to QAD Investors: This press release contains certain forward-looking statements made under the "safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include, but are not limited to, evolving demand for the company's software products and products that operate with the company's products; the company's ability to sustain license and service demand; the company's ability to leverage changes in technology; the company's ability to sustain customer renewal rates at current levels; the publication of opinions by industry and financial analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; the entry of new competitors or new offerings by existing competitors and the associated announcement of new products and technological advances by them; delays in localizing the company's products for new or existing markets; the ability to recruit and retain key personnel; delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; timely and effective integration of newly acquired businesses; general economic conditions; exchange rate fluctuations; and, the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP) software industry are subject to fluctuations. Software license revenue, in particular, is subject to variability with a significant proportion of revenue earned in the last month of each quarter. Given the high margins associated with license revenue, modest fluctuations can have a substantial impact on net income. Investors should not use any one quarter's results as a benchmark for future performance. For a more detailed description of the risk factors associated with the company and the industries in which it operates, please refer to the company's Annual Report on Form 10-K for fiscal 2007 ended January 31, 2007.

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