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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 Initiates Three More "Next Generation" Integration Points under General Motors IDMS Program

22/08/2008 8:58pm

Marketwired Canada


Quorum Information Technologies Inc. (Quorum) (TSX VENTURE:QIS) announced today
that it has received specifications from General Motors (GM) under its GM
Integrated Dealer Management System (IDMS) contract to develop and deploy three
additional Business to Business (B2B) integration points for all GM Dealers
utilizing Quorum's dealership management system, XSELLERATOR(TM). Quorum
recently completed and deployed the Parts Order integration point to its GM
dealership customers. With the opportunity for three added integration points,
Quorum is now actively working on a total 10 "next generation" integration
points for delivery in 2008 and 2009. Under the GM IDMS agreement, GM and Quorum
work together to bring value-added integration between the auto manufacturer and
the systems that GM's dealers use. Each integration point further optimizes the
channel by improving efficiency and increasing customer responsiveness at the
dealership level. The three added integration points are described as follows:


Sales Workbench

- Vehicle Locate - GM's Sales Workbench gives the GM dealership user the ability
to search for vehicles from a variety of data sources. When a vehicle is found
within the dealer's XSELLERATOR DMS system, the Vehicle Locate Integration Point
allows the user to send a request from the Sales Workbench to XSELLERATOR. In
real time, XSELLERATOR returns the status of the vehicle informing the user if
the vehicle is "Available", "In Quote", "Quote Approved", or "Blocked by Sales".


- Send Deal - A Vehicle Purchase Quote can be initiated by a dealership user on
the Sales Workbench. The Send Deal Integration Point allows the Sales Workbench
user to move the quote data from the workbench to the XSELLERATOR DMS creating a
vehicle sale record for final processing and contracting.


Service Workbench

- Global Warranty Management (GWM) - This integration point will replace the
current WINS warranty claim integration point. GWM is a group of service related
transactions that provide the ability to:


- Submit and reconcile warranty claims.

- Access vehicle history details, including applicable warranties and potential
repeat repair situations.


- Access open recall campaigns.

"With the integration development that has already been completed or is
currently underway between GM and Quorum, the GM IDMS program is making
significant progress in bringing increased efficiencies to our dealership
customers," commented Maury Marks, Quorum's president and CEO. "These
integration points will have a positive impact on dealerships' abilities to
service their customers more effectively, and that is a priority of the GM IDMS
program."


About Quorum

Headquartered in Calgary, Alberta, Quorum's focus is on developing, marketing,
implementing and supporting its XSELLERATOR(TM) product for the automotive
vertical. XSELLERATOR is a dealership and customer management software product
which automates, integrates and streamlines 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 over 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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