Quorum Information Technologies Inc.

Quorum Information Technologies Inc.

December 04, 2006 12:30 ET

Quorum Hits 200 Dealership Milestone

CALGARY, ALBERTA--(CCNMatthews - Dec. 4, 2006) - Quorum Information Technologies Inc. (TSX VENTURE:QIS) (Quorum) announced today that it has reached the 200 dealership milestone by signing three net new Canadian GM dealerships to General Motors' Integrated Dealer Management System (IDMS) and two new non-GM branded dealerships to Quorum's XSELLERATOR™ solution. In addition, Quorum has signed seven more existing Quorum dealerships to GM's IDMS program bringing the total to 58 dealerships signed 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.

"This is an important milestone in our growth and a very exciting day for Quorum," said Maury Marks, President and CEO of Quorum. "It is a testament to our great people and our great product, XSELLERATOR."

Quorum is also pleased to announce the appointment of Colleen Gottselig, CMA, as interim CFO, effective immediately. Ms. Gottselig has been acting in the capacity of Controller for Quorum. Ms. Gottselig has over 15 years experience in senior accounting and finance roles. Ms. Gottselig replaces Mr. Craig Nieboer, who has resigned his position as V.P. & CFO of Quorum to accept the CFO position with a public, international oil and gas TSX Venture listed company.

About Quorum:

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. 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.

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

Contact Information

  • Quorum Information Technologies Inc.
    Mark Allan
    VP Planning, Marketing & Strategic Accounts
    (403) 777-0035 Ext. 141
    Email: AllenM@QuorumIS.com
    Quorum Information Technologies Inc.
    #200, 6715 8 Street N.E.
    Calgary, AB T2E 7H7
    (403) 777-0035 Ext. 141
    (403) 777-0039 (FAX)
    Website: www.QuorumIS.com