Quorum Information Technologies Inc.

Quorum Information Technologies Inc.

October 31, 2006 12:16 ET

Quorum Adds Ten More Dealership Customers to Its GM IDMS Offering

195 Dealership Customers Are Now Signed to XSELLERATOR 'TM'

CALGARY, ALBERTA--(CCNMatthews - Oct. 31, 2006) - Quorum Information Technologies Inc. (Quorum) (TSX VENTURE:QIS) announced today that it has signed ten more dealerships to General Motors' (GM) Integrated Dealer Management System (IDMS) program. Five of these dealerships are net new to the XSELLERATOR 'TM' solution, all of which are new Canadian customers. The balance is current Quorum customers who have committed to converting to the IDMS solution. Quorum has now signed a total of 48 dealerships to its IDMS offering. As one of only two approved GM IDMS suppliers in North America, Quorum's IDMS solution is XSELLERATOR software, a completely integrated, Windows-based DMS that automates and streamlines automobile dealerships' Sales, Service, Parts, Accounting and CRM processes.

"With the addition of the above-noted sales and conversions, we have now essentially filled our implementation capacity through the end of Q1 2007," said Maury Marks, President and CEO of Quorum. "The number of new installations is the key measure to improved financial results for Quorum. Our increasingly successful sales efforts and corresponding scheduled installations will deliver those results over the next two quarters."

About Quorum:

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. Quorum currently holds more than 19 percent of GM dealership market share in Canada, making it the third largest supplier of Dealership Management Systems for GM in Canada. Quorum was also recently named as one of General Motors' IDMS Suppliers for North America. Quorum is a Microsoft Gold Certified Partner and Field-Level Managed ISV in both Canada and the United States.

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Contact Information

  • Quorum Information Technologies Inc.
    Craig F. Nieboer
    V.P. & CFO
    (403) 777-0035 Ext. 110
    (403) 777-0039 (FAX)
    Email: NieboerC@QuorumIS.com
    Website: www.QuorumIS.com
    Quorum Information Technologies Inc.
    #200, 6715 8 Street N.E.
    Calgary, AB T2E 7H7