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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 Creates Strategic Alliance with Dealer Credit Corp.

01/04/2008 8:14pm

Marketwired Canada


Quorum Information Technologies Inc. (TSX VENTURE:QIS) (Quorum) today announced
the selection of Dealer Credit Corp. as their strategic finance partner. This
relationship is designed to bring Quorum's dealership management system (DMS)
customers access to fast and easy financing of the capital costs of switching to
Quorum's state-of-the-art DMS. Given the current market conditions, this is the
perfect time for dealerships to upgrade their systems in anticipation of a
market upturn.


"This new relationship with Dealer Credit Corp. helps us compete with larger
companies that have private financing options, and brings real value to our
customers by allowing them take advantage of the superior software from Quorum
now, while helping them manage their cash flow through these difficult economic
times," said Mark Allen, Quorum's Vice President of Sales, Marketing & Services.


Doug Annas, President of Dealer Credit Corp., commented, "We are pleased to be
able to work with Quorum to offer its customers ready access to competitive
financing. We've always prided ourselves on being easy to do business with and
to be able to offer truly 'no-hassle' leasing for dealers needs. The financing
for Quorum's customers is flexible and can cover all of the up-front costs
associated with implementing or upgrading their systems."


About Dealer Credit Corp.

Dealer Credit Corp. is a national finance company specializing in leasing for
automobile dealers. They offer extremely attractive terms including an
application only program up to 150k and the personal guarantees of the dealer
principle are usually not required. Dealer Credit Corp. will provide financing
for Quorum dealers in both the United States and Canada. More information is
available at: www.signatureleases.com/Dealer-Credit-Corp.html.


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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