ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

QIS Quorum Information Technologies Inc

0.85
-0.02 (-2.30%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Quorum Information Technologies Inc TSXV:QIS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -2.30% 0.85 0.86 0.87 0.88 0.85 0.88 7,000 20:59:06

Quorum Announces Ground-Breaking DMS Assurance

04/02/2011 4:00pm

Marketwired Canada


Quorum Information Technologies Inc. (TSX VENTURE:QIS) (Quorum) followed up
today's surprising new customer price protection announcement with a second
announcement of a ground-breaking program for new customers of its flagship
dealership management product, XSellerator(TM). The program is called 'DMS
Assurance' and covers three components:




--  Price Assurance - locking in monthly support rates for "life" for new
    customers, plus the added benefit of no future factory integration costs
    for supported franchises, along with dealer-friendly month-to-month
    contracts (see previous release "Quorum's Pledge"). 
--  Software Assurance - every new Quorum customer will automatically
    receive all future XSellerator versions at no cost. In addition, all new
    versions of the underlying Microsoft technology (server operating system
    and database engines) will be provided at no cost as Quorum rolls them
    out. Customers can also enjoy unlimited secure remote connections for
    existing users to their system through the Internet or handheld devices
    such as iPads. 
--  Business Assurance - a remarkable option for new Quorum customers that
    provides protection from future hardware replacements and common ad-hoc
    charges for a very low monthly "subscription" fee. The major components
    include:  
    --  The dealership's server will be automatically replaced after 60
        months at no cost; 
    --  No additional fees for unlimited use of standard F&I forms, and
        Quorum's large library of electronic non-F&I forms and documents
        (eDocuments) that can be used in XSellerator and stored with
        transactions; 
    --  Access to the entire Quorum, library of high-value Excel-based
        "FlexReports."  



"This announcement is a key part of Quorum's strategy to provide its dealership
customers with maximum value at the best possible prices. We do not believe in
the traditional model where dealers experience continual added costs for using
their systems. The combination of these 'assurances', that we collectively call
'DMS assurance', provides dealerships with the ultimate price protection and
cost predictability for their information technology. Dealers will only incur
additional costs if they decide to add new services, grow their business and add
users, or decide to have us perform custom work for them. The point is that it
is all in their control," explained Mark Allen, Quorum's Vice President of
Sales, Marketing and Services.


"Not only that, but the server replacement element of our 'Business Assurance'
option in conjunction with the services we already provide like automated
off-site back-ups and server protection and monitoring, dealerships will find
that they now have all of the benefits normally attributed to ASP or
cloud-computing models, but without any of the deficiencies like expensive
communication and reliance on outside data centers. In short, it is the best of
both worlds."


"2011 is a break out year for Quorum. These new programs really set us apart
from the field of dealer systems providers. We are proud to lead the way and
bring these sorts of programs to our customers," Allen concluded.


About Quorum

Quorum is a North American company focused on developing, marketing,
implementing and supporting its XSellerator product for GM, Isuzu, Chrysler,
Hyundai, KIA, Nissan, Subaru, NAPA and Bumper to Bumper dealerships. XSellerator
is a dealership and customer management software product that automates,
integrates and streamlines every process across departments in a dealership. One
of the select North American suppliers under General Motors' IDMS program,
Quorum is the second largest DMS provider for GM's Canadian dealerships with 25%
of the market. Quorum is a Microsoft Gold Certified Partner and Field-Level
Managed ISV in both Canada and the United States. Quorum Information
Technologies Inc. is traded on the Toronto Venture Exchange (TSX-V) under the
symbol QIS. For additional information please go to www.QuorumDMS.com.


1 Year Quorum Information Techn... Chart

1 Year Quorum Information Techn... Chart

1 Month Quorum Information Techn... Chart

1 Month Quorum Information Techn... Chart

Your Recent History

Delayed Upgrade Clock