NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR:  QUORUM INFORMATION TECHNOLOGIES INC.

CDNX SYMBOL:  QIS

MAY 30, 2002 - 17:47 EDT

Quorum Named One of Canada's Fastest Growing Companies by
PROFIT 100

CALGARY, ALBERTA--Quorum Information Technologies Inc. has been 
named the 39th fastest growing company in Canada, according to the
2002 PROFIT 100, Canada's authoritative ranking of high-growth 
companies. Revenue growth for the year was 1,962%. Quorum's 
increased revenue can be attributed to the growing demand for its 
proprietary AUTOMATE(R) Dealership and Customer Management 
software system, designed for the automotive market. This year's 
list includes 49 high-tech companies, 14 of which are based in 
Alberta. 

About Quorum: 

Quorum (TSX-V: QIS) is a successful information technology company
that is uniquely positioned to become known as the technology 
solutions company for mid size business. Quorum's Technology 
Solutions division markets, implements and supports a library of 
superior 3rd party technology products and services specifically 
focussed on the mid market. As part of its strategy for continued 
growth, Quorum has formed an alliance with Meyers Norris Penny 
LLP, a well-established western Canadian chartered accountancy and
business advisory firm. Quorum's Enterprise Solutions division 
develops, markets, implements and supports its own products for 
specific vertical markets. These products include AUTOMATE for the
automotive market, and FasTrack(TM) for the homebuilder market. 

AUTOMATE is the only completely Windows -based Dealership and 
Customer Management software on the market. It completely 
automates and streamlines dealerships' sales, service, parts and 
accounting departments. 

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