Press Release

FOR IMMEDIATE RELEASE

QStrat® launches Enterprise version of industry leading QLM Sourcing™ solution

Toronto, Canada. June 29, 2010 – QStrat Inc. the leading provider of Quotation Lifecycle Management Solutions, is pleased to announce the release of its QLM Sourcing Enterprise version – a quotation management tool for procurement professionals.

QLM Sourcing Enterprise, the latest release of QLM Sourcing, is the most comprehensive solution for managing the quotation process for organizations that have supplier and sourcing management requirements. It streamlines the quotation lifecycle management process through its easy-to-use but powerful tools which enable the RFQ process to be simplified, standardized and easily measurable – saving organizations significant time and money. QLM Sourcing Enterprise leverages the power of Adobe® forms to provide the easiest to use sourcing software on the market for buyers and suppliers.

QLM Sourcing Enterprise provides a multitude of enhancements including a powerful new user interface, more powerful search capabilities, improved vendor management facilities and better supplier quote comparison tools. These new features make it faster and easier than ever for all participants in the RFQ process to streamline their work and reduce cycle times.

"We’ve seen a significant increase in interest and demand for our QLM products recently, as the economy starts to stabilize. Companies are realizing that it is imperative to implement best practices to streamline operations and manage their costs,” explains Steve Wargalla, Managing Director, QStrat. "Our Enterprise version of QLM Sourcing enables companies to quickly, easily and cost effectively gain a clear competitive advantage by reducing the time involved in the procurement process plus saving significant amounts of money for the organization."

The QLM Sourcing Enterprise version is available now. For a demonstration and to learn more about QLM products and QStrat’s cloud computing delivery model, please visit www.qstrat.com.

QStrat is a division of Intelliware Development Inc.

About Intelliware Development Inc.
Intelliware is a custom software and product development company headquartered in Toronto, Canada. Intelliware is a leading practitioner of Agile software development practices which ensure the delivery of timely, high quality solutions for their clients. Intelliware is engaged as a technical partner by a wide range of local, national and global organizations in sectors that span financial services, E-Health, retail, manufacturing, and government.

QStrat®, QLM Sourcing, QLM Sales, QLM Costing, QLM View are registered trademarks of QStrat, a division of Intelliware Development Inc. All other trademarks are the property of their respective owners.

For media information please contact:
Steve Wargalla, Managing Director
416-762-0032 ext 315
steve.wargalla@intelliware.com