Quorum Information Technologies Inc.
TSX VENTURE : QIS

Quorum Information Technologies Inc.

February 04, 2011 11:30 ET

Quorum Offers a "Pledge" to New Customers

SAN FRANCISCO, CALIFORNIA--(Marketwire - Feb. 4, 2011) - Quorum Information Technologies Inc. (Quorum) (TSX VENTURE:QIS) made a surprising announcement today regarding pricing for its flagship dealership management product, XSellerator™.

"At Quorum, we have a fundamental belief that when a dealership selects a dealer management system, they should receive an outstanding product and incredible service from a business partner that they want to do business with for the long run. For far too long this industry has been plagued with hidden costs, tricky contracts and just plain 'nickel-and-diming'," said Mark Allen, Quorum's Vice President of Sales, Marketing and Services.

"We are not that kind of company, and I am, therefore, enormously proud to announce that we are leading the pack with our pricing assurance and 'pledge' to new customers that switch to us. The essence of our 'pledge' is that:

  • The monthly support price that a new customer signs up for will remain fixed at the same rate forever. That means no annual increases, no hidden transaction charges, and no 'nickel-and-diming.' 
  • We provide all future factory integration for our supported franchises at no cost additional cost. 
  • All enhancements and updates to our DMS, XSellerator, are always provided to all of our customers at no additional cost."
  • And, we continue our long-standing practice of friendly month-to-month contracts.

"Some may find this shocking and suspect a 'catch', but I assure you there is not. It is simply our commitment to our customers and this industry," concluded Allen.

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, 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.

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

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