RICHMOND, Calif. – June 02, 2003 – QRS Corporation (Nasdaq: QRSI) today announced that President and CEO Liz Fetter will present on Wednesday, June 4 at 12:15 p.m. PT, at the RedChip Partners™ San Francisco Investor Conference 2003. Ms. Fetter will discuss the Company's business strategy, recent developments and outlook. The Company's presentation will be webcast live for investors and available for replay following the conference at the following URL: www.firstcallevents.com/service/ajwz382821826gf12.html

• Event: RedChip Partners™ San Francisco Investor Conference 2003
• Location: Hyatt Regency Embarcadero in San Francisco, CA
• Day/Time: Wednesday, June 4, 2003 at 12:15 p.m. PT
• Presenter: Liz Fetter, President and CEO, QRS Corporation
• URL: www.firstcallevents.com/service/ajwz382821826gf12.html

About RedChip

RedChip Companies, LLC has earned a widely recognized reputation as a leader in the small-cap space. The company is comprised of two separate divisions: RedChip Research and RedChip Partners™. RedChip Research has a ten-year history of producing independent, unbiased research on small-cap companies that are traditionally under-covered by Wall Street. Analysts focus exclusively on small-cap stocks, providing high quality reports for both retail and institutional audiences. RedChip Partners provides products and services designed to benefit small-cap companies by enhancing exposure and helping them to attract investors. RedChip Companies, LLC is headquartered in Spokane, Washington. The company is a wholly owned subsidiary of ICM Asset Management, Inc.

About QRS

QRS (Nasdaq: QRSI) has offered innovative solutions that automate the way companies connect, transact, collaborate and differentiate since 1988.

QRS is a market leader in collaborative commerce software and services that help the retail industry bring products to market quickly and profitably. With a comprehensive suite of commerce solutions for the global trading community, QRS combines the benefits of electronic communication with the retail industry's leading source of product information for accurate partner transactions between companies of any size or technology infrastructure. QRS allows companies to see and manage processes across the supply chain so that problems can be detected and resolved, and offers services that provide insight to the store floor so that companies can enhance the customer experience and improve store operations. More than 8,000* customers from over 20 retail segments – including Sears, Roebuck and Co., The Kroger Company, Selfridges plc and Jones Apparel Group – use QRS® to meet customer needs, compress cycle times, reduce costs and improve sales margins. Learn more about QRS at www.qrs.com.

* Based on total, unique QRS corporate customers that purchased or licensed QRS products and services between January and December 2002.