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NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: QUORUM INFORMATION TECHNOLOGIES INC. TSX VENTURE SYMBOL: QIS DECEMBER 22, 2003 - 12:18 ET Canadian GM Dealer Principal, Michael Croxon, Joins Quorum Board of Directors CALGARY, ALBERTA--Quorum Information Technologies Inc. announced today the appointment of Michael Croxon, President of four leading automotive dealerships in the greater Toronto area of Ontario, to the Quorum Board of Directors. Mr. Croxon is the majority shareholder and president of North York Chevrolet Oldsmobile in Thornhill, Richmond Hill Pontiac Buick GMC in Richmond Hill, and Open Road BMW and Kia of Newmarket, both in Newmarket, Ontario. He is a past president of the Toronto General Motors Dealers Association, and has sat on many General Motors National Boards including the Communications Team, Marketing Advisory, Training Advisory, and was past Chair of the ECM Advisory. "I am very pleased to welcome Michael Croxon to our Board," said Maury Marks, President of Quorum Information Technologies Inc. "Michael is considered by General Motors of Canada to be one of the most progressive young Dealer Principals in Canada. He has a very solid understanding of technology, and how it can help dealerships improve their productivity and bottom line. As we continue to integrate XSELLERATOR(TM) with GM's data and systems, Michael's dealership experience and relationships with General Motors will be extremely valuable to Quorum." XSELLERATOR is Quorum's proprietary Dealership Management System (DMS) software, which is the only completely integrated, Windows-based DMS software on the market. XSELLERATOR automates and streamlines dealerships' sales, service, parts, accounting and customer relationship departments. "I'm delighted to be asked to join the Quorum board because I think their XSELLERATOR strategy is really exciting. The concept of one single integrated system for a Dealership is revolutionary in the industry, as is the fact that Quorum continuously provides upgrades and new versions of the software," said Mr. Croxon. "I also like their thinking and focus on improving integration between the XSELLERATOR software and GM Canada's information system, which in turn improves communication between GM dealers and the manufacturer. I see my appointment to the Board as a good fit in that I provide another bridge between Quorum, GM Canada, and GM dealerships." In a separate item, on December 1, 2003 Quorum issued 125,000 options with an exercise price of $.56 to a Director of the company. The options vest to the Officer one third upon grant, and then an additional one third on each of the next two anniversaries of the grant. The options expire if unexercised on December 1, 2008. 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; the flagship product is XSELLERATOR, a Dealership Management System for the automotive market. The Technology Solutions division specializes in Microsoft(R) Business Solutions for mid-sized business. /T/ % Mkt. % Increase XSELLERATOR (XS) Total # Share at XS Dealers XS Dealers From Target Market Dealers Nov/03 11/20/03 12/31/01 12/31/01 ------------------------------------------------------------------------ GM/Saturn Western Canada 271 16.23 44 20 220 ------------------------------------------------------------------------ GM/Saturn Ontario 289 14.18 41 9 455 ------------------------------------------------------------------------ GM/Saturn Quebec & Atlantic Canada 233 1.28 3 - - ------------------------------------------------------------------------ Hyundai/Kia Canada 266 1.87 5 1 500 ------------------------------------------------------------------------ Current Target Market 1,059 8.78 93 30 310 ------------------------------------------------------------------------ Total North American Market (GM/Saturn & Hyundai/Kia) 13,093 0.71 93 30 310 ------------------------------------------------------------------------ Quorum Information Technologies Inc. Suite 100, 2451 Dieppe Avenue S.W. Calgary, Alberta, T3E 7K1 /T/ -30-FOR FURTHER INFORMATION PLEASE CONTACT: