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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.03 | 3.66% | 0.85 | 0.87 | 0.91 | 0.85 | 0.82 | 0.83 | 35,321 | 19:04:50 |
“We are pleased to welcome Damien to Quorum’s Board of Directors,” said Neil McDonnell, Chair of the Board. “We believe that Damien’s expertise will help guide Quorum’s strategy of balanced, profitable growth. In addition, L6 Holdings Inc. and Pinetree’s investment in Quorum reflects the confidence that Pinetree has in Quorum’s future and is a testament to Quorum’s commitment to driving shareholder value.”
Mr. Leonard brings more than 15 years of experience investing in software businesses across North America, Europe and Australia. He is the President of Pinetree, a TSX-listed investment company, and Managing Director of L6 Holdings, a family office, both of which focus on investing in enterprise software and together own 25.5% of Quorum.
About Quorum Information Technologies Inc.
Quorum is a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers (“OEMs”) rely on for their operations, including:
Quorum Information Technologies Inc. is traded on the TSX Venture Exchange (“TSX-V”) under the symbol QIS. For additional investor information, please visit www.QuorumInformationSystems.com.
Contacts:
Maury MarksPresident and Chief Executive Officer403-777-0036Maury.Marks@QuorumInfoTech.com
Marilyn BownChief Financial Officer403-777-0036Marilyn.Bown@QuorumInfoTech.com
Daniela TrnkaInvestor Relations403-777-0036Daniela.Trnka@QuorumInfoTech.com
Forward-Looking Information
This press release may contain certain forward-looking statements and forward-looking information (“forward-looking information”) within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “expect”, “may”, “will”, “project”, “should” or similar words suggesting future outcomes. Quorum believes the expectations reflected in such forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon.
Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties some of which are described herein. Such forward-looking information necessarily involves known and unknown risks and uncertainties, which may cause Quorum’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking information.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed this release and neither accepts responsibility for the adequacy or accuracy of this release.
PDF available: http://ml.globenewswire.com/Resource/Download/9044bdbb-c1bb-42ca-b7d4-26517bb6035c
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