Schlumberger Significantly Extends QAD ERP Platform to Support Business Growth and Acquisitions.

Business Editors

CARPINTERIA, Calif.--(BUSINESS WIRE)--March 19, 2001

Global Leader in Technical Services Upgrades Investment in

QAD MFG/PRO by US$3.3 Million and Evaluates QAD eQ B2B Suite

QAD (Nasdaq:QADI), the leading provider of applications for global manufacturing enterprises and their private exchanges, today announced that Schlumberger Limited (NYSE:SLB), a global leader in technical services for a wide variety of industries, has invested an additional US$3.3 million in QAD enterprise applications to upgrade its current package, to support its rapidly growing smart card business unit and to strengthen its ability to rapidly integrate new divisions into its IT infrastructure.

Schlumberger is also evaluating QAD eQ B2B applications in order to enhance its customer services through collaborative sales and order processing.

"QAD's comprehensive manufacturing solution has proven to be one of our most valuable IT assets," said Jean Roy, IT manager of Schlumberger's Resource Management Services (RMS) division, which provides professional business services for utilities and energy service providers worldwide. "The applications continue to provide what we need at the operations level and allow us to easily extend our standardized ERP platform to newly acquired companies."

Schlumberger has standardized on QAD's best-in-class manufacturing solution, MFG/PRO, because its open architecture supports easy connectivity to other business applications and because QAD's integrated enterprise applications are highly reliable, scalable and adaptable. As Schlumberger has diversified, QAD enterprise applications have kept pace with the company's needs and supported ongoing growth.

"We are also pleased that QAD's manufacturing solution is tightly integrated with QAD eQ B2B applications, enabling us to easily add state-of-the-art collaborative commerce capabilities that connect to our ERP solution," added Roy. "This will give us a true end-to-end solution extending from the manufacturing floor to buying and selling across our extended value chain."

QAD eQ B2B applications include Sell-Side, Buy-Side, Order Management and Replenishment, with a unique Commerce Relationship Management capability that intelligently manages the commerce chain based on the roles, policies, and processes that define the organization and how it does business with different suppliers and customers. It comprehensively supports the distributed enterprise by acting as the order and information broker that centralizes B2B commerce and provides a single face to the customer.

QAD applications feature modules specifically designed to support Schlumberger's requirements throughout its business segments. In addition to serving the RMS division, QAD MFG/PRO supports the fast-growing smart card unit within the Test & Transactions business segment. The software also supports the Oilfield Services division, which merged three years ago with Camco International Inc. QAD MFG/PRO addresses manufacturing processes for the products used by Oilfield Services, which includes injection-pressure and production-pressure operated gas lift valves, proportional response valves, pilot-operated gas lift valves, and single-point-injection gas lift orifice valves.

About Schlumberger Limited

Schlumberger Limited is a global leader in technical services spanning the oil and gas, utility, semiconductor testing, smart cards, network and Internet solutions industries. Schlumberger revenue was $9.61 billion in 2000. Oilfield Services is the leading supplier of services and technology to the international petroleum industry. It provides virtually every type of service to the upstream exploration and production industry. Resource Management Services provides professional business services for utilities, energy service providers and industry worldwide. Test & Transactions provides integrated solutions for electronic transactions, semiconductor manufacturing and IP networks to customers throughout the world. Additional information is available from Realtime (www.slb.com), the Schlumberger corporate Web site.

About QAD

QAD delivers value through collaborative commerce applications that empower global manufacturers to synchronize diverse business processes and extend their market reach. AT&T, Coca-Cola, Ford, Ingersoll-Rand, Johnson & Johnson, Quaker and Unilever are counted among the companies using QAD products at more than 5,000 licensed sites in 86 countries and in as many as 26 languages. QAD serves the specific needs of the automotive, consumer products, electronics, food and beverage, industrial, and medical products industries. For more information about QAD, telephone [phone], or visit the QAD Web site at http://www.qad.com. To receive any of QAD's press releases via facsimile, contact 800/356-0747, or outside the U.S. contact 213/253-5647.

QAD is a trademark and eQ and MFG/PRO are registered trademarks of QAD Inc. All other products or company names herein may be trademarks of their respective owners.

Note to Investors: This news release contains certain forward-looking statements made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. A number of risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements. These risks include evolving demand for the company's software products and products that operate with the company's products, the publication of opinions by industry analysts about the company, its products and technology, the entry of new competitors and their technological advances, delays in localizing the company's products for new markets, delays in sales as a result of lengthy sales cycles; changes in operating expenses, pricing, timing of new product releases, the method of product distribution or product mix; and general economic factors. In addition, revenue and earnings in the e-business and enterprise resource planning (ERP) software industries are subject to fluctuations and the growth rates recently experienced by the company do not necessarily represent future operating results. Investors should not use any one quarter's results as a benchmark for future growth. For a more detailed description of the risk factors associated with the company and the enterprise resource planning industry, please refer to the company's Annual Report or Form 10-K for the fiscal year ended Jan. 31, 2000.