RICHMOND, CA – October 18, 2004 – QRS (Nasdaq: QRSI) announced today that it will release its financial results for the third quarter ended September 30, 2004, on Wednesday, October 27, 2004, after 1 pm PT. QRS does not plan to hold a conference call to discuss third quarter results, given its proposed merger with privately held Inovis International, Inc.

QRS has scheduled the shareholder vote to approve the merger for November 12, 2004, and has mailed its definitive proxy statement to shareholders.

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 management and global trade management. QRS solutions help approximately 9,800* customers expand into new markets and channels, improve operational efficiency and differentiate their brand. Learn more about QRS at www.qrs.com.

*Based on total, unique QRS corporate customers that purchased or licensed QRS products and services between July 1, 2003 and June 30,2004.

Caution Required by Certain SEC Rules

In connection with the merger of Inovis International, Inc. ("Inovis") and QRS Corporation ("QRS"), QRS has filed a proxy statement for QRS' special stockholder meeting with the Securities and Exchange Commission ("SEC"). Investors and security holders are advised to read the proxy statement because it contains important information about the proposed merger. Investors and security holders may obtain a free copy of the proxy statement and other documents filed by QRS with the SEC at the SEC's web site at http://www.sec.gov. Free copies of the proxy statement and other documents filed by QRS with the SEC may also be obtained from QRS by directing a request to QRS, Attention: Stacey Giamalis, Secretary, 510.215.5000.

QRS and its directors and its executive officers may be deemed, under SEC rules, to be soliciting proxies from QRS' stockholders in favor of the proposed merger. Information regarding the identity of these persons, and their interests in the solicitation, is set forth in a Schedule 14A filed with the SEC, and is available free of charge at the SEC website and public reference rooms, and from the QRS corporate secretary.