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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 Microsoft Financing for Dealers

27/10/2008 8:09pm

Marketwired Canada


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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