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Elizabeth Arden Expands Use of QRS Solutions to Entire Company Worldwide
RICHMOND, Calif.
– August 22, 2002 – QRS Corporation (Nasdaq: QRSI), a leading provider of adaptive commerce solutions for the extended supply chain, announced today that Elizabeth Arden (Nasdaq: RDEN), a leading global marketer and manufacturer of beauty products, has extended its agreement with QRS to be the provider of choice for electronic communication and catalogue services for Elizabeth Arden's global trading community.
With this agreement, Elizabeth Arden will expand the use of QRS Data Exchange and QRS Catalogue™ beyond its U.S. divisions to the entire company worldwide. By extending QRS solutions across the extended supply chain, Elizabeth Arden will streamline business processes with hundreds of retail trading partners to speed purchases, minimize errors and enhance business relationships that drive revenue growth.
QRS Data Exchange and QRS Managed EC are part of the QRS Exchange™ suite of solutions, which supports all of the essential computing environments and data formats to achieve a rapid return on electronic commerce initiatives. Whether hosted, IP-based or fully managed, QRS Exchange offerings – including Internet Transaction Exchange, Enterprise Business Exchange, Data Exchange, Web Forms and Managed EC – help vendors electronically collaborate and transact with retailers to optimize business operations.
QRS Catalogue, the retail industry's most comprehensive product content synchronization and management application will continue to allow Elizabeth Arden to maximize efficiencies throughout its extended supply chain. QRS Catalogue, the retail industry's largest product database, centralizes the communication of detailed product attribute information for over 88 million current and unique items from more than 3,500 vendors, manufacturers, distributors and their retail customers. Synchronization features allow Elizabeth Arden to publish its product information one time, controlling distribution access by retailers, items and attributes. This saves time, preserves data accuracy and establishes unique trading relationships.
"With QRS, every single trading partner benefits by gaining access quickly to a global, open-commerce community in the most secure and reliable way," said Dave Lathan, director of information technology for Elizabeth Arden. "The retail industry depth of QRS Catalogue and the extensive data connectivity readily available with QRS Exchange mean better access to precise beauty product details for more retail partners worldwide."
"We are pleased that Elizabeth Arden, one of the world's most respected beauty product manufacturers, decided to extend the use of QRS software and services to further drive business growth," said Liz Fetter, president and CEO of QRS. "Renewed business from global retail leaders like Elizabeth Arden is proof that our adaptive commerce solutions deliver effective retail results today."
About Elizabeth Arden
Elizabeth Arden is a leading global marketer and manufacturer of prestige beauty products. The Company's portfolio of leading brands includes, among others, the fragrance brands Red Door, Elizabeth Arden Green Tea, 5th Avenue, Elizabeth Taylor's White Diamonds and Passion, White Shoulders, Geoffrey Beene's Grey Flannel, Halston, Halston Z-14, PS Fine Cologne for Men, Design and Wings by Giorgio Beverly Hills; the Elizabeth Arden skincare line including Ceramide and Millenium; and the Elizabeth Arden color cosmetics line.
About QRS
QRS (Nasdaq: QRSI) has been building, automating and managing retail trading relationships through innovative software applications and services since 1988. Today, QRS is an established leader in providing adaptive commerce solutions for the extended supply chain. QRS offers scalable trading community connectivity; reliable product content management; real-time, synchronized transaction delivery; and Web-enabled sourcing and procurement. QRS solutions are used by more than 8,000 retail industry customers* representing the world's top retailers, vendors and manufacturers, including Federated Department Stores Inc., Selfridges plc, Sears, Roebuck and Co., LVMH LLC, Group Clarins USA and Jones Apparel Group Inc. With QRS adaptive commerce solutions, retail industry customers can transform their extended supply chain in response to marketplace dynamics, drive process efficiency and achieve superior profit. Learn more about QRS Corporation at www.qrs.com.
*Based on total, unique QRS corporate customers that purchased or licensed QRS products and services between April 2001 and May 2002.
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David Fontaine
+1 404.467.3355
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