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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 Sells Out Second Quarter Implementations

01/04/2008 8:13pm

Marketwired Canada


Quorum Information Technologies Inc. (TSX VENTURE:QIS) (Quorum) today announced
that recent sales have filled its implementation calendar for the second quarter
ending in June. The company has made a number of key changes to meet its 44
rooftop 2008 sales target, including the recently announced partnership with
Dealer Credit Corp to provide "no hassle" financing for equipment, software and
implementation costs for dealers, as well as significant development of its
flagship dealer and customer management system, XSELLERATOR(TM).


"Our targeted regional market focus and sales planning have begun to pay off,
and we're looking forward to a strong year with all indicators pointing in the
right direction," commented Mark Allen, Quorum's Vice President of Sales,
Marketing & Services. "We have some great promotions going on right now, and the
new financing option is very appealing to our customers, with several dealers
already taking advantage of it," he added.


"From a corporate perspective, things are looking good for Quorum. Our close
relationship with General Motors through the IDMS program is producing very
valuable new integration for XSELLERATOR, in both the US and Canada, some of
which will be available in our next version release, slated for the end of the
second quarter," stated 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 program, 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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