QRS Corporation Announces GFT USA Corp. as QRS Catalyst Client

QRS Corporation (QRS), a leading provider of merchandise and logistics solutions, has announced that GFT USA Corp., a subsidiary of Gruppo GFT, has chosen QRS Catalyst as the management tool to analyze GFT sales information. GFT, a global leader in the apparel industry, produces, markets, and distributes high-end fashion products from renowned designers such as Giorgio Armani, Joseph Abboud, and Calvin Klein. QRS Catalyst enables users to track product sales data at various levels, including by U.P.C. and store location, providing GFT with a competitive advantage in understanding merchandise flow.

Key Takeaways:

• GFT USA Corp. has chosen QRS Catalyst to analyze sales information and improve inventory control.
• QRS Catalyst provides users with sell-through information, enabling GFT to work more closely with retail trading partners.
• The tool enables tracking of products at various levels, including by U.P.C. and store location.
• GFT's product offerings include collections from high-end designers, such as Giorgio Armani, Joseph Abboud, and Calvin Klein.
• Ron Frasch, President of GFT USA, stated that QRS Catalyst is a crucial tool in providing sales force with sell-through information.
• Lynn Hazlett, CEO of QRS, emphasized that QRS Catalyst is one of the most advanced sales analysis tools on the market.
• John Simon, President of QRS, stated that QRS Catalyst helps address the key need of GFT's client base: getting the right merchandise mix.
• QRS Corporation is the leading provider of merchandise and logistics solutions in the retail industry.

Statistics:

• Over 15,000 stores are represented by QRS's existing customer base.
• Over 4,500 general merchandise suppliers partner with QRS.
• QRS Catalyst enables users to track selling data at the total partnership/product category level.
• QRS works with customers and partners to facilitate and optimize the flow of information, goods, and services throughout the retail industry.
• QRS Corporation is traded on Nasdaq under the symbol QRSI.

Sources:

• PRNewswire, "QRS Corporation announces GFT USA Corp. as QRS Catalyst client"
• QRS Corporation press release dated January 26, 1998