Quorum Information Technologies Inc.
TSX VENTURE : QIS

Quorum Information Technologies Inc.

August 14, 2008 11:53 ET

JMsolutions & Quorum Sign Multi-Year Contract

The Companies Will Provide Direct Integration Between JMsolutions' AAX™ Used Vehicle Inventory Management System and Quorum's XSELLERATOR™ DMS

CALGARY, ALBERTA--(Marketwire - Aug. 14, 2008) - Quorum Information Technologies Inc., (TSX VENTURE:QIS) and JMsolutions announced that they have signed a multi-year contract to integrate Quorum's XSELLERATOR™ dealership management system (DMS) and JMsolutions' AAX™ used vehicle inventory management system. This integration will provide Quorum dealerships with the option of extending their vehicle inventory management capabilities by utilizing the JMsolutions AAX system.

AAX provides users with recommended vehicles - called "core" vehicles - to stock in their used vehicle departments. These vehicles are the proven winners for the dealership, selling faster and at a higher gross profit. Quorum dealerships benefit from having timely, data-backed knowledge of their stores' past success with vehicles as well as market data on which to base their pricing decisions. Similarly, AAX customers can take advantage of Quorum's XSELLERATOR DMS product to automate, integrate and streamline every department in their dealership.

"We are excited about our new relationship and ability to support those dealers using the Quorum XSELLERATOR product," said Scot Eisenfelder, group vice president, JMsolutions. "A recent study we conducted revealed that stores following the AAX system's core vehicle recommendations are seeing combined average dealer profits and floor plan savings increases of just over $60,000 annually when they increase their core inventory percentage by as little as 10 percent."

Dan Ichelson, Quorum's VP Operations & Development said, "A corner post of our XSELLERATOR customer and dealership management suite has always been to provide dealerships with an integrated business process through the use of technology to drive efficiencies and help them be more competitive in today's challenging environment. Integration with AAX is a natural fit with this philosophy. Our dealers now have another sophisticated tool that they can employ in their environment and still maintain an integrated and effective process."

"We also believe that this is an opportunity for existing AAX customers who are interested in improving their entire operation to take a look at XSELLERATOR and see for themselves how AAX and XSELLERATOR together help take them to a new level," added Mark Allen, Quorum's VP Sales, Marketing and Services.

About JMsolutions

A JM Family Enterprises, Inc. (www.jmfamily.com) company, JMsolutions (www.jmfe-jmsolutions.com) develops and markets innovative, integrated software systems that help automotive dealers improve operational efficiencies throughout the entire sales and marketing process while maximizing sales. JMsolutions offers its AAX™ inventory management suite; CMX™ customer management suite which includes DealerUps™ customer relationship management, ProCal™ desking, ProFi™ finance and insurance menu; and SMX™ sales and service marketing suite by DMEautomotive. It also provides dealers with related training and consulting services. JMsolutions serves over 2,500 dealership clients nationwide, including the nation's top six dealer groups. Headquartered in Deerfield Beach, Fla., JMsolutions has major operations in Dallas, Texas.

About Quorum

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