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  <TITLE> QAD Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	September 20, 2006
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  	QAD Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	0-22823
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  	77-0105228
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	6450 Via Real, Carpinteria, California
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  	93013
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	805 684-6614
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 8.01 Other Events.
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  On September 20, 2006, QAD Inc. acquired Dublin, Ireland-based Precision Software Limited (Precision), a provider of transportation management software solutions.   The acquisition was consummated pursuant to an Agreement for the Purchase of the Entire Issued Share Capital of Precision dated as of September 20, 2006 (the Agreement) entered into between  QAD on the one hand and nine selling shareholders (eight individuals and minority investor Enterprise Ireland,  an  Irish state development agency) on the other.  Approximately half of the all-cash purchase price was paid at closing on September 20, 2006, with the remainder expected to be paid over a two-year period.  The total price consideration is expected to be approximately $14.5 million. Precision will operate as an independent division of QAD. <br><br>A copy of the press release is furnished as Exhibit 99.1. <br><br><br>
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  	Item 9.01 Financial Statements and Exhibits.
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  (c) Exhibits<br><br>Exhibit No        Description<br>----------        -----------<br>99.1	          Press Release, dated as of September 20, 2006, entitled "QAD Acquires Precision Software Limited"<br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	QAD Inc.
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  	&nbsp;&nbsp;
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  <I>
  	September 25, 2006
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  	&nbsp;
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  <I>
  	By:
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  <I>
  	Daniel Lender
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  	&nbsp;
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  <I>
  	Name: Daniel Lender
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  <I>
  	Title: Chief Financial Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	&nbsp;
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  	Description
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  	99.1
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  	&nbsp;
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  Press Release, dated as of September 20, 2006, entitled "QAD Acquires Precision Software Limited"
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_15132.htm", "description": "LIVE FILING", "secsgml_size_bytes": 10703}]
metadata_filer: {"company-data": {"conformed-name": "QAD INC", "cik": "0001036188", "assigned-sic": "7372", "irs-number": "770105228", "state-of-incorporation": "DE", "fiscal-year-end": "0131"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-22823", "film-number": "061106979"}, "business-address": {"street1": "6450 VIA REAL", "city": "CARPINTERIA", "state": "CA", "zip": "93013", "phone": "8056846614"}, "mail-address": {"street1": "6450 VIA REAL", "city": "CARPINTERIA", "state": "CA", "zip": "93013"}}
text: QAD Inc. (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  September 20, 2006
  QAD Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  0-22823
  77-0105228
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  6450 Via Real, Carpinteria, California
  93013
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  805 684-6614
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 8.01 Other Events.
  On September 20, 2006, QAD Inc. acquired Dublin, Ireland-based Precision Software Limited (Precision), a provider of transportation management software solutions.   The acquisition was consummated pursuant to an Agreement for the Purchase of the Entire Issued Share Capital of Precision dated as of September 20, 2006 (the Agreement) entered into between  QAD on the one hand and nine selling shareholders (eight individuals and minority investor Enterprise Ireland,  an  Irish state development agency) on the other.  Approximately half of the all-cash purchase price was paid at closing on September 20, 2006, with the remainder expected to be paid over a two-year period.  The total price consideration is expected to be approximately $14.5 million. Precision will operate as an independent division of QAD.
  A copy of the press release is furnished as Exhibit 99.1.
  Item 9.01 Financial Statements and Exhibits.
  (c) Exhibits
  Exhibit No        Description
  ----------        -----------
  99.1	          Press Release, dated as of September 20, 2006, entitled "QAD Acquires Precision Software Limited"
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  QAD Inc.
  September 25, 2006
  By:
  Daniel Lender
  Name: Daniel Lender
  Title: Chief Financial Officer
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  99.1
  Press Release, dated as of September 20, 2006, entitled "QAD Acquires Precision Software Limited"