Quorum Information Technologies Inc.
TSX VENTURE : QIS

Quorum Information Technologies Inc.

February 01, 2007 12:55 ET

Quorum Announces 0% GMAC Financing for Installation of GM's Integrated Dealership Management System

Program Covers All Upfront Conversion Costs for the Automaker's Sponsored Dealership IT System

CALGARY, ALBERTA--(CCNMatthews - Feb. 1, 2007) - Quorum Information Technologies Inc. (TSX VENTURE:QIS): GM dealers attending the upcoming 2007 NADA Convention in Las Vegas in search of a new dealership management system will also find one company's attractive offer to lessen the burden of the upfront costs related to the installation of these systems. Quorum has worked with GMAC to create a new special financial program available to new GM IDMS (Integrated Dealer Management System) dealers for a limited time.

Under the program GMAC Gold or Platinum dealers in the US (or GMAC Wholesale dealers in Canada) can take advantage of up to 60 months straight financing at zero percent (0%) for all of their up-front GM IDMS costs including hardware, software, services - and even a buy-out of their previous DMS agreement if necessary. Financing is subject to credit approval by GMAC.

Dave Ehlers, GMAC's Director, Dealer Loans, commented, "We are happy to support GM and the Quorum GM IDMS program and to offer GM dealers a competitive source for their financing needs."

"With this program in place with GMAC, dealers have a compelling reason to sign up for GM IDMS from Quorum right now. We hope that every dealer who is considering moving to IDMS will come talk to us about the 0% financing at the NADA show if they are there," added Maury Marks, Quorum's President and CEO.

About Quorum

Headquartered in Calgary, Alberta, Quorum's focus is on developing, marketing, implementing and supporting its XSELLERATOR™ 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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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