QAD Inc. reported a working capital deficit of US$3.02 million at
Jan. 31, 2009, compared to a positive working capital of US$8.84
million at Jan. 31, 2008.
provides timely updates on public companies reporting a working capital deficit to the U.S. Securities and Exchange Commission. Companies with minimum total assets of USD $5 million are covered. Liquidity Alert highlights significant events affecting liquidity, cash flows, estimated capital expenditures, and capital raising efforts.