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Press Release-Quorum Information Technologies Inc. (QIS-TSXV)

In 2010, we reached a critical mass of customers and the company has been cash flow positive for the last five quarters in a row. We anticipate we are going to be cash flow positive throughout 2011 as we grow the business. Quorum is debt-free except for a government non-secured loan for under half a million dollars. Therefore, this is the strongest financial position the company has ever been in. We are now looking to grow the Company as fast as we can while staying cash flow positive every quarter. - Maury Marks (Interview published February 25, 2007)

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Quorum Earns Kia Canada Dealer System Certification

Valucap Investments Inc V
2/28/2011 10:52:20 AM

CALGARY, ALBERTA, Feb 28, 2011 (Marketwire via COMTEX News Network) --

Quorum Information Technologies Inc. (TSX VENTURE:QIS) (Quorum) announced today that it has earned integration certification for its flagship product, XSellerator(TM), with Kia Canada Inc. ("Kia") and is now a recommended dealership management system for Kia dealers across Canada.

Quorum worked closely with Kia and our beta test dealership, Hudson's Listowel Kia, to achieve this certification. Currently, there are several Canadian Kia dealerships operating their franchises with XSellerator. The new integration features include electronic financial statement submission, parts ordering, warranty claims submission, and parts file updates. Quorum also offers integration with Kia's electronic parts catalogue.


"We have used Quorum's XSellerator DMS at our GM store since 2004. We were absolutely delighted when Kia announced that Quorum was one of the select few DMS providers chosen by Kia to develop factory integration. So, we switched our Kia store to Quorum immediately," commented Becky Eidt, Controller, Hudson's Listowel Kia, Ontario.


"Working with Kia to become one of the first dealer management systems to be certified with them has been a pleasure and we sincerely appreciate the opportunity to offer our modern high-value system to Kia dealers in Canada. But, this is only the beginning as Kia is planning more integration in the future, and Quorum is excited to continue to bring more value to the dealers as one of their selected DMS providers," said Mark Allen, Quorum's Vice President of Sales, Marketing and Services.


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, Saab, Suzuki, 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.


SOURCE: Quorum Information Technologies Inc.

Quorum Information Technologies Inc. Mark Allen 403-777-0036 AllenM@QuorumDMS.com www.QuorumDMS.com

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