QAD announces USD0.06 dividend

QAD Inc. (NASDAQ: QADA) (NASDAQ: QADB) said its board of directors has declared a quarterly cash dividend of USD0.072 per share of class A common stock and USD0.06 per share of class B common stock payable on January 6, 2014 to shareholders of record at the close of business on December 24, 2013.

Continuing quarterly dividends are subject to the approval of QAD´s board of directors whose decision will consider factors such as the continued profitability and liquidity requirements of the company.

QAD is a provider of enterprise software and services designed for global manufacturing companies. For more than 30 years, QAD has provided global manufacturing companies with an enterprise resource planning (ERP) system that supports operational requirements; including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. The company´s website is at www.qad.com.

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