QAD Inc. F1Q09 (Qtr End 04/30/08) Earnings Call Transcript

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2008-05-29 18:32:13.0

Tags: QAD

Question-and-Answer Session

Operator

(Operator Instructions) Your first question comes from Mark Schappel - Benchmark.

Mark Schappel - The Benchmark Company

Daniel, was there any FullTilt revenue in the quarter?

Daniel Lender

No, Mark.

Mark Schappel - The Benchmark Company

Karl, just to dig a little bit deeper in the On Demand products. I believe on the last conference call you mentioned that the on demand products were somewhere in the neighborhood of about 5% of total revenue. Is it fair to assume that that number is pretty consistent with what you saw this quarter?

Karl Lopker

Yes.

Mark Schappel - The Benchmark Company

I know it’s difficult to predict the future, but could you give us a sense of where you see the on demand revenue settling in as a percentage of revenue say two to three years down the road?

Pam Lopker

I did some forecasting on that and we do seem to be holding our ramp up. We don’t expect an overnight ramp up on, On Demand, we’d expect it to really build over a five-year period, and in that five-year period I think we’ve modeled that it would end up being 20% to 30% of our revenue. That’s hard to predict, but that’s what we see and we so far are tracking to let our ramp look what we predicted.

Karl Lopker

Thank you everyone for your attendance and we’ll update you again in August after the end of our second quarter of FY ’09.

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