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QAD Celebrates 25 Years of Innovations in Manufacturing
  QAD Marks Anniversary with Continued Commitment To Help Resolve Global Manufacturers'
  Real-World Challenges
Carpinteria, CA—October 12, 2004—QAD Inc. (NASDAQ: QADI) today celebrates 25 years of success and innovation in the manufacturing industry. Founded in Southern California in 1979, QAD is recognized as a leading provider of enterprise applications for global manufacturers. The company has been called an "ERP Value Leader" and "A Friend to Manufacturers" by industry analysts, and is recognized as a thought leader in the six vertical industries it serves including automotive, consumer products, electronics, food and beverage, industrial and medical manufacturing.
  QAD was established when Pamela Lopker, QAD president and founder, sought superior software for her friend's manufacturing business. With nothing available to meet the specific requirements of manufacturing, she was inspired to develop her own solution. The company has since then expanded from a local to a global focus in the past 25 years, and has grown to become a $231 million dollar company with Fortune 500 and multinational customers. QAD's 1989 foray into the global marketplace with an office in Amsterdam has grown to include multiple offices in the Americas; Europe, Middle East and Africa; and Asia Pacific regions. Today, QAD's global organization serves thousands of manufacturing sites in more than 80 countries and 26 languages. More than 300 software developers in locations around the world contribute to QAD's world-class, standards-based software that began with the work of just three software engineers in Southern California.
  "Manufacturing has evolved significantly over the last 25 years, from local companies serving local customers, to multinationals driving the global economy," said Pam Lopker, QAD president and founder. "QAD has been right beside our customers throughout this transformation. We work closely and continuously with our customers to understand, anticipate and help resolve their real-world manufacturing challenges with software applications that reflect the best thinking in manufacturing theory and the latest technology."
  wenty-Five Years of Contribution, Accomplishment

  QAD's growth has been marked by an effort to deepen insight into customers' needs and develop software applications that establish a platform for advanced manufacturing concepts such as lean, just-in-time (JIT) and vendor-managed inventory (VMI). The company was pronounced the largest provider of enterprise applications for automotive manufacturers in China by the Economist Network in its "China Auto Industry Suppliers Survey" (May 2004). The company's path is marked by many milestones toward its commitment to manufacturers. These include:
   Extensive involvement in the industries QAD serves. QAD works to address regulatory compliance issues facing manufacturers in the vertical industries it serves, and participates in the establishment of technology standards that contribute to supply chain effectiveness. Most recently, the company demonstrated a proof of concept with the Automotive Industry Action Group (AIAG) to establish inventory visibility and interoperability standards to benefit the entire automotive industry. QAD has already delivered functionality for UCCnet for the consumer products and food and beverage industries.
   Evolution of customer-led product development groups. Beginning in 1997, QAD established development groups that work together with customers in the creation of highly-focused, industry-specific software functionality. By partnering with customers and involving them in the software development process, QAD can ensure that its software addresses an industry's most current challenges, and includes the functionality manufacturers most require to be successful.
   Recognition for contributions to its customers' success and to the industry. QAD Chief Technology Officer Jim Kirkley has been recognized by InfoWorld as one of the "Top 25 Most Influential CTOs" for 2004. Supply Chain Systems Magazine editors and AMR Research analysts selected Webasto for the publication's Supply Chain Innovator 2004 showcase, for using QAD software to enable vendor-managed inventory. Finally, QAD has been named to Start Magazine's Hottest Companies list for two consecutive years.
  A Vision for the Next 25 Years
  QAD's vision for the manufacturing industry has also continued to evolve and expand. Building on its flagship MFG/PRO software to manage manufacturing operations, QAD has introduced solutions to streamline activity and communication throughout the extended enterprise, from the shop floor to the supply chain. Applications such as QAD Lean Manufacturing are helping customers adopt advanced manufacturing standards: since 2003, more than 80 customer sites have added QAD Lean Manufacturing functions to their deployment of QAD MFG/PRO eB2 software, helping them use kanban systems to align inventory with demand for pull-based replenishment.
  "Our goal is to equip manufacturers with lean supply chain performance - and speed communication along the supply chain from today's standard of about six weeks, to just six hours," said QAD's Lopker. "I won't feel satisfied that QAD has met the needs of global manufacturers and made an impact on their business until we achieve that vision - and until at least 70-percent of those companies depend on our solutions."
  About QAD
  QAD enterprise applications leverage advances in Internet and enabling technologies to 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 medical products use QAD applications at approximately 5,200 licensed sites in more than 80 countries and in as many as 26 languages. For more information about QAD, telephone +1 805 684 6614, or visit the QAD Web site at: To receive any of QAD's press releases via facsimile, contact +1 800 356 0747, or outside the U.S. contact +1 213 253 5647.
  "QAD" and "MFG/PRO" are registered trademarks 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. 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, QAD's ("the company") ability to integrate the EDI assets into its business; the ability of the company's consultants to deliver successful operating models and plans to their customers; the ability of the company's customers to benefit from the company's application-enabled approach; evolving demand for the company's software products and products that operate with the company's products; the company's ability to sustain strong licensing demand; the ability to sustain customer renewal rates at current levels; the publication of opinions by industry analysts about the company, its products and technology; the reliability of estimates of transaction and integration costs and benefits; difficulties relating to integration of a new business; the entry of new competitors and their technological advances; delays in localizing the company's products for new markets; 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; general economic conditions, exchange rate fluctuations and the global political environment. In addition, revenue and earnings in the enterprise resource planning (ERP), e-business and distributed order management software industries 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 growth. 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 the fiscal year ended January 31, 2004.
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