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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 and MPi Announce Strategic Partnership and Integration

13/09/2011 5:02pm

Marketwired Canada


Quorum Information Technologies Inc. (TSX VENTURE:QIS) (Quorum) announced this
week a strategic partnership with MPi (www.mpi-edge.com), the pioneer and leader
in vehicle inspection tools, service workflow expertise, and consulting for
automotive dealership service centers, to integrate its dealership management
system, XSellerator(TM), with MPi's EDGE(TM) solutions. 


MPi's primary focus with its EDGE program is providing dealerships the necessary
tools, processes and training to successfully institute a comprehensive, World
Class Inspection Program (WCI) in service departments across North America and
Canada. Since 2003, MPi's proven results driven solution has been helping over
1,000 dealerships achieve a 4 or 5 to 1 return on investment by increasing the
sale of legitimately needed service work. 


XSellerator, Quorum's flagship product, is a dealership and customer management
system that automates, integrates and streamlines every process across
departments in a dealership. One of the select North American suppliers under
General Motors' IDMS program, Quorum is the second largest DMS provider for GM's
Canadian dealerships with 25% of the market, and the #1 provider under the GM
IDMS program in North America. 


Commenting on the new partnership, Mark Allen, Quorum's Vice President of Sales,
Marketing & Services stated: "This is an exciting time for Quorum and MPi. Our
customers will gain additional value in this relationship through seamlessly
utilizing two industry leading products. This alliance is a further example of
Quorum's strategic direction to partner with high value providers in the
industry to bring comprehensive solutions to our customers. 


"MPi provides dealers with a set of tools to effectively manage the process of
World Class Inspections guarantying its success and profit contribution," said
Rich Holland, MPi's President. "Quorum's success in the marketplace made a
strategic partnership a natural choice. The collaboration on integrating our
technologies delivers tremendous workflow efficiency for our auto dealer
customers." Holland added.


About Quorum 

Quorum is a North American company focused on developing, marketing,
implementing and supporting its XSellerator product for GM, Isuzu, Chrysler,
Hyundai, KIA, Nissan, Subaru, Saab, Suzuki, NAPA and Bumper to Bumper
dealerships. XSellerator is a dealership and customer management software
product that automates, integrates and streamlines every process across
departments in a dealership. One of the select North American suppliers under
General Motors' IDMS program, Quorum is the second largest DMS provider for GM's
Canadian dealerships with 25% 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 Inc. is traded on the Toronto Venture
Exchange (TSX-V) under the symbol QIS. For additional information please go to
www.QuorumDMS.com. 


About MPi 

MPi, a wholly owned subsidiary of SRS, Inc., specializes in providing
dealerships the necessary tools, processes and consulting to successfully
implement a comprehensive, World Class Inspection Program (WCI) in service
departments across North America and Canada. MPi's proven results driven
solution has been helping thousands of dealerships achieve significant profit
contribution. MPi's complete and all inclusive vehicle inspection program
includes state of the art software solution, EDGE; personalized customer
friendly communication tools (Recommended Action Plan(TM) and Know Your
Vehicle(TM) Reports); detailed management analytical tools; ongoing consulting
and training services; and process and performance metrics. 


For more information visit: http://www.mpifix.com/company/overview.aspx.

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