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Boscov's Selects QRS Reveal™
RICHMOND, CA – October 26, 2004 – QRS Corporation (Nasdaq: QRSI) today announced that Boscov's, the country's largest privately held, family-owned chain of department stores, has signed an agreement for QRS Reveal™, QRS' new solution for transaction lifecycle visibility. After successfully participating in the QRS Reveal beta program, Boscov's selected QRS Reveal to reduce costly errors and lower the cost of serving customers and communicating with trading partners.
Boscov's has been a QRS customer for more than five years, using QRS CatalogueTM for data synchronization and QRS ExchangeTM for transaction outsourcing. QRS Reveal works with QRS Exchange to leverage Boscov's existing EDI investment and provide information and intelligence about EDI transactions. Through proactive alerts, notifications and comprehensive document tracking capabilities, QRS Reveal will help Boscov's improve its business by reducing stockouts and late or missed deliveries.
"The transaction lifecycle visibility benefits that QRS Reveal offers
were clear during our participation in the beta program," said Harry Roberts,
Senior Vice President and Chief Information Officer for Boscov's. "QRS Reveal's
proactive capabilities help our organization with some of our most critical
business problems such as the execution breakdowns that occur with suppliers.
With QRS Reveal, we can now more effectively collaborate with our trading partners
-- ultimately improving our efficiency and profitability."
"We are extremely pleased by the success of the beta program, as evidenced
by Boscov's selection of QRS Reveal," said Liz Fetter, QRS President and CEO.
"Based on our retail industry expertise and best practices, QRS Reveal delivers
rapid
return on investment and improved reliability, adaptability and timeliness."
About QRS Reveal™
QRS Reveal™ is a powerful solution hosted by QRS that provides transaction lifecycle visibility. Its early warning capabilities let retailers and suppliers proactively monitor the order fulfillment process. Unlike traditional solutions that provide after-the-fact information, QRS Reveal can alert business managers about costly disruptions before their effects are realized. QRS Reveal is accessed via a user-friendly web-based interface that provides both high-level and detailed views of transactions.
About Boscov's
From a single small store in Reading, Penn., over 75 years ago, Boscov's Department Stores has grown into the largest family-owned department store chain in the country. Privately held, the chain operates 41 full-service department stores in Pennsylvania, Delaware, New Jersey, New York and Maryland. The stores stock a full-range of brand-name merchandise from fashion for men, women and children to a complete line of home furnishings and appliances. Merchandise runs from popular-priced to high-end. The company has about 10,000 full- and part-time employees, excluding seasonal help. For more information, visit www.boscovs.com.
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.
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David Fontaine
+1 404.467.3355
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