QAD Inc. The Company delivers value through collaborative commerce software applications that empower global manufacturers to synchronize diverse business processes and extend their market reach. The Company serves the specific needs of the automotive, food and beverage, consumer products, electronics, industrial and medical industries. The Company distributes, implements and supports the products worldwide. With the advent of e-business, the Company has extended the products and services and built on the core competency in multi-site operations by addressing enterprise commerce management requirements in the Internet age. Maintenance and other accounted for 46% of 2000 revenues; license fees, 32% and services, 22%.