QAD Inc. announced changes to its management team and Board of Directors. At his request, the QAD Board of Directors has granted Karl Lopker, CEO, an indefinite medical leave of absence effective immediately. Mr. Lopker will remain a member of the Board of Directors.

Pam Lopker, President, will assume Mr. Lopker's management responsibilities during his leave of absence. To assist Ms. Lopker in her added responsibilities, the Board of Directors has created an interim Office of the Chief Operating Officer that will be jointly filled by Anton Chilton, Chief, Global Field Operations, and Daniel Lender, Chief Financial Officer, which will report to Ms. Lopker. The Board of Directors also named Peter van Cuylenburg to serve as Chairman of the Board during this period to reduce Ms. Lopker's Board workload.