Precision Software Exhibiting at PARCEL Forum

Precision Software, a leading provider of transportation and global trade management software solutions, announced today it will exhibit at the 13th annual PARCEL Forum, October 19-21 at the Hyatt Regency in Chicago. Precision Software is a division of QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB).

“We are happy to once again exhibit at PARCEL Forum,” said Steve Gardner, President of Precision Software. “We attend every year because PARCEL Forum provides a great opportunity for us to demonstrate how our solutions can streamline a company’s global transportation management process and save them money. There is no better venue for us to meet companies looking to become a more effective enterprise by shipping parcels faster, more efficiently and more cost-effectively."

Precision Software offers global transportation management, trade management, shipment visibility and exception management, and trade compliance capabilities on one integrated platform. Precision Software shipping experts will be on hand in Booth #603 to demonstrate its solutions including PRECISION v16.0, the latest version of the integrated PRECISION suite. Precision Software helps organizations:

• Lower parcel shipping costs with access to more carrier pricing and service options
• Increase control and visibility of outbound parcel shipping activities
• Meet regulatory standards with compliance checks
• Optimize and consolidate shipments with zone skipping and grouping
• Improve customer service with greater visibility on delivery and tracking data

PARCEL Forum is the largest annual small package industry event in the United States. This year’s sold out conference will feature seven tracks covering the entire small-shipment supply chain. The show expects to attract more than 1,000 attendees including shippers, speakers and exhibitors. Over 90 exhibiting companies will promote services to help accelerate the movement of parcel-sized packages throughout the supply chain.

For more information about Precision Software, stop by Booth #603 at PARCEL Forum, visit www.precisionsoftware.com or e-mail info@precisionsoftware.com.

About Precision Software – Effective Enterprise Logistics

Precision Software provides industry-leading transportation and global trade management software solutions on a single, integrated platform. Precision’s design uses an open architecture allowing for easy integration with most Enterprise Resource Planning (ERP) solutions, Warehouse Management Systems (WMS) and other existing solutions to reduce transportation costs, avoid delays at border crossings and mitigate risks associated with dynamic trading environments. Precision Software enables customers and partners in the life sciences, consumer packaged goods, electronics, retail, industrial products, food and beverage verticals and third-party logistics providers to meet their goals of better managing logistics, and becoming more Effective Enterprises. Precision Software is a division of QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB).

For more information about Precision Software, visit www.precisionsoftware.com or e-mail info@precisionsoftware.com.

About QAD – The Effective Enterprise

QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB) is a leading provider of enterprise software and services designed for global manufacturing companies. For more than 35 years, QAD has provided global manufacturing companies with QAD Enterprise Applications, an enterprise resource planning (ERP) system that supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD Enterprise Applications is offered in flexible deployment models in the cloud, on-premise, or in a blended environment. With QAD, customers and partners in the automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries can better align daily operations with their strategic goals to meet their vision of becoming more Effective Enterprises.

For more information about Precision Software or QAD, call +1 805-566-6000, or visit 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 Investors: This press release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding projections of revenue, income and loss, capital expenditures, plans and objectives of management regarding the Company’s business, future economic performance or any of the assumptions underlying or relating to any of the foregoing. Forward-looking statements are based on the company’s current expectations. Words such as “expects,” “believes,” “anticipates,” “could,” “will likely result,” “estimates,” “intends,” “may,” “projects,” “should,” “would,” “might,” “plan” and variations of these words and similar expressions are intended to identify these forward-looking statements. 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: risks associated with our cloud service offerings, such as defects and disruptions in our services, our ability to properly manage our cloud service offerings, our reliance on third-party hosting and other service providers, and our exposure to liability and loss from security breaches; demand for the company's products, including cloud service, licenses, services and maintenance; pressure to make concessions on our pricing and changes in our pricing models; protection of our intellectual property; dependence on third-party suppliers and other third-party relationships, such as sales, services and marketing channels; changes in our revenue, earnings, operating expenses and margins; the reliability of our financial forecasts and estimates of the costs and benefits of transactions; the ability to leverage changes in technology; defects in our software products and services; third party opinions about the company; competition in our industry; the ability to recruit and retain key personnel; delays in sales; timely and effective integration of newly acquired businesses; economic conditions in our vertical markets and worldwide; exchange rate fluctuations; and the global political environment. For a more detailed description of the risk factors associated with the company and factors that may affect our forward-looking statements, please refer to the company's latest Annual Report on Form 10-K and, in particular, the section entitled “Risk Factors” therein, and in other periodic reports the company files with the Securities and Exchange Commission thereafter. Management does not undertake to update these forward-looking statements except as required by law.

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