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NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: QUORUM INFORMATION TECHNOLOGIES INC. TSX VENTURE SYMBOL: QIS OCTOBER 27, 2003 - 13:45 ET Five More GM Dealers Sign Contracts with Quorum for XSELLERATOR(TM) Dealership Management Software CALGARY, ALBERTA--Quorum Information Technologies Inc. announced today that they have signed contracts with five new General Motors dealerships, making a total of ninety automotive dealers on, or moving to, the Company's proprietary software. XSELLERATOR is the only completely integrated, Windows-based DMS software on the market. It automates and streamlines dealerships' sales, service, parts and accounting departments. "The addition of these dealerships brings us to a total of ninety dealerships across Canada," said Maury Marks, President and CEO of Quorum. "Most of our sales are coming from direct referrals from our existing customers. We have one dealer in Ontario who is so excited with the product that he not only calls up other dealers to tell them how it's working for his dealership, he actually invites them over for product demos, follows up with them, and closes the deal for us! That's how passionate many of our customers are about XSELLERATOR; they've found something that works for them, and they want to spread the news. Our Eastern Sales Manager received the following unsolicited note a few weeks ago, and I think it sums up what we hear from a lot of our dealers." "I'm just as excited about XSELLERATOR today as I was two years ago when I first heard about it," wrote Dennis Langlois, General Manager of Butler Chev Olds in Pembroke, Ontario. "Being on it for almost two years has enabled our dealership to grow in the fixed operations by almost 40% in customer pay sales. I can't imagine this happening without the move to XSELLERATOR. The new features coming out soon, as well as implementing features already in the system today, is what keeps me so excited about this product. It is everything I expected, and more." About Quorum: Quorum (TSX V:QIS) is a successful information technology company that focuses on mid size business. Quorum's Enterprise Solutions division develops, markets, implements and supports its own software products for specific vertical markets. These products include XSELLERATOR (formerly AUTOMATE), a Dealership Management System for the automotive market and FasTrack(TM), a Sales and Change Order Tracker for the homebuilder market. The Technology Solutions division markets, implements and supports a library of superior 3rd party technology products and services specifically chosen for mid market organizations. As a Microsoft(R) Gold Partner, Quorum specializes in providing a full suite of Microsoft(R) Business Solutions. /T/ Xsellerator (XS) Total # Mkt Share XS Dealers Target Market Dealers at Oct/03 10/27/03 ---------------------------------------------------------------------- GM/Saturn Western Canada 271 15.86% 43 GM/Saturn Ontario 289 13.49% 39 GM/Saturn Quebec & Atlantic Canada 233 1.28% 3 Hyundai / Kia Canada 266 1.87% 5 Current Target Market 1,059 8.49% 90 Total North American Market (GM/Saturn & Hyundai/Kia) 13,093 0.68% 90 Xsellerator (XS) XS Dealers XS Dealers % Increase Target Market 12/31/02 12/31/01 From 12/31/01 ---------------------------------------------------------------------- GM/Saturn Western Canada 31 20 215% GM/Saturn Ontario 24 9 433% GM/Saturn Quebec & Atlantic Canada 2 - - Hyundai / Kia Canada 3 1 500% Current Target Market 60 30 300% Total North American Market (GM/Saturn & Hyundai/Kia) 60 30 300% Quorum Information Technologies Inc. Suite 100, 2451 Dieppe Avenue S.W., Calgary, Alberta, T3E 7K1 /T/ -30-FOR FURTHER INFORMATION PLEASE CONTACT: