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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 Information Technologies Inc. (TSX VENTURE:QIS) (Quorum) today announced an alliance with Microsoft Financing to provide lending to Quorum customers. This new relationship will give Quorum's dealership management system (DMS) customers the ability to finance the upfront and capital costs for Quorum's state-of-the-art DMS, XSELLERATOR(TM). This financing alternative makes it even easier for dealers to upgrade to XSELLERATOR despite the difficult financial market conditions. "The timing is perfect for expanding our Microsoft Gold Certified and Field Level Managed ISV relationship to add Microsoft Financing as a new strategic offering to our customers. With Microsoft's flexible terms and straightforward approval process, we just made it easier for dealers to make a switch to XSELLERATOR. Given the current market conditions, the need has never been greater for dealers to have a system that will reduce their technology spending, make their operations more efficient and allow them to become more customer centric" said Maury Marks, Quorum's President and CEO. About Quorum Headquartered in Calgary, Alberta, Quorum's focus is on developing, marketing, implementing and supporting its DMS products for the automotive vertical. Quorum's suite of dealership and customer management software products automate, integrate and streamline every process across departments in a dealership. One of the select North American suppliers of General Motors' IDMS, Quorum is the third largest DMS provider for GM's Canadian dealerships with more than 20% 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 is traded on the Toronto Venture Exchange (TSX-V) under the symbol QIS. For additional information, please go to www.QuorumDMS.com.
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