Goody's Family Clothing Signs Exclusive Contract With QRS

RICHMOND, CA – February 03, 2004 – QRS Corporation (Nasdaq: QRSI) today announced that Goody's Family Clothing, Inc., an apparel retailer for women, men and children, has signed an exclusive contract renewal for QRS Exchange™ and QRS Catalogue™, making QRS its vendor of choice for effective supply chain collaboration and improved global brand execution.

Goody's will continue to use QRS Exchange to share business documents with trading partners, and QRS Catalogue to centralize and synchronize product data, helping automate and optimize business processes in more than 335 stores across the US. With QRS' solutions, Goody's has improved order accuracy and increased the velocity of goods cross-docked through their warehouses to the store floor, thereby improving the company's global brand execution.

"Prior to implementing QRS Catalogue and QRS Exchange, we processed orders manually. We couldn't be sure that our shipments would be accurate," said James Walker, Director of Quick Response for Goody's. "Since implementing QRS, we've seen a significant improvement in our supply chain efficiency, which ultimately helps us to protect and strengthen the Goody's brand. QRS exceeded our expectations, and helped us ensure our orders are accurate and arrive on time."

"QRS delivers solutions that help retailers and suppliers improve global brand execution and reduce costs, improve margins and drive brand equity," said Liz Fetter, QRS President and CEO. "We are very pleased to have Goody's as a customer and its proactive approach to maximizing its supply chain value will ensure its continued success and industry leadership."

About QRS Exchange™

QRS Exchange is a suite of hosted and electronic commerce solutions that helps trading partners exchange information, such as purchase orders, invoices and forecasts. Through electronic transactions, companies reduce costs, respond quickly and optimize business operations. Whatever the standard or protocol – EDI or XML; value-added network (VAN) or EDI over the Internet (EDIINT via AS1/AS2), phone, fax, email, web – QRS Exchange ensures companies can trade with anyone at any time, through one provider.

About QRS Catalogue™

QRS Catalogue is the retail industry's leading product data synchronization application, allowing more than 3,500 marketers, manufacturers, suppliers and retailers to share the latest product information, such as price, style, color, size and over 450 additional product attributes. QRS Catalogue offers a complete solution for item setup and synchronization, and supports the latest EAN.UCC global standards initiatives. By automating business processes such as item setup and maintenance and product marketing content management, QRS Catalogue helps customers achieve increased revenue and greater productivity.

About QRS

QRS (Nasdaq: QRSI) is a technology company that serves the global retail trading community. We offer collaborative commerce solutions that drive a new standard for global brand execution. At QRS, we manage the flow of critical commerce information and leverage our retail technology expertise to address fundamental industry challenges such as global data synchronization, mandate compliance, transaction outsourcing and global trade management. QRS solutions help over 10,000* customers expand into new markets and channels, improve operational efficiency and differentiate their brand.

*Based on total, unique QRS corporate customers that purchased or licensed QRS products and services between January and December 2003.


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