This excerpt taken from the QADI DEF 14A filed May 21, 2007.
To Be Held June 6, 2007
Notice is hereby given that the Annual Meeting of Stockholders of QAD Inc. will be held on Wednesday, June 6, 2007, at 10:00 a.m. Pacific Daylight Time, at the QAD corporate headquarters located at 2111 Ortega Hill Road, Summerland, California, for the following purposes:
1. To elect five directors to serve until the next Annual Meeting of Stockholders and until their respective successors are elected and qualified; and
2. To transact any other business that may properly come before the meeting or any adjournment thereof.
Our Board of Directors recommends that you vote FOR the election of each of the nominees to the Board of Directors.
Only stockholders of record at the close of business on April 16, 2007 are entitled to notice of and to vote at the Annual Meeting and any adjournment or postponement thereof.
All stockholders are invited to attend the Annual Meeting. Please let us know if you plan to attend the meeting by marking the appropriate box on the enclosed proxy card. If you are a stockholder of record as of April 16, 2007, you will be admitted to the meeting if you present a form of photo identification. If you own stock beneficially through a bank, broker or otherwise, you will be admitted to the meeting if you present a form of photo identification and proof of ownership of such stock or a valid proxy signed by the record holder. Examples of proof of ownership are a recent brokerage statement or a letter from a bank or broker. Whether or not you intend to be present in person at the Annual Meeting, please sign and date the enclosed proxy card and return it promptly in the enclosed envelope.
By Order of the Board of Directors
Roland B. Desilets
May 18, 2007