
NEWS RELEASE TRANSMITTED BY CCNMatthews
FOR: QUORUM INFORMATION TECHNOLOGIES INC.
TSX VENTURE SYMBOL: QIS
DECEMBER 1, 2003 - 12:33 ET
Quorum's XSELLERATOR(TM) Dealership Management Software
Draws Larger Metro Dealerships as Newest Customers
CALGARY, ALBERTA--Quorum Information Technologies Inc. announced
today that they have signed contracts with two new General Motors
dealerships in Canada, pushing the total number of XSELLERATOR
dealerships to 93, and giving Quorum 11% of the GM dealership
market in Canada. XSELLERATOR is Quorum's proprietary Dealership
Management System (DMS) software, and is the only completely
integrated, Windows-based DMS on the market. It automates and
streamlines dealerships' sales, service, parts and accounting
departments.
"With the addition of these dealerships, XSELLERATOR is now
firmly established in the larger 'metro' dealership market," said
Maury Marks, President and CEO of Quorum. "This is important
because many of the larger dealers are the industry leaders; when
they choose XSELLERATOR over their previous dealership management
system, it signals complete market acceptance of our product,
which will result in increased sales. We now have ten metro
dealerships as customers, all of whom are providing us with
outstanding testimonials and support."
"Our newest dealers will have XSELLERATOR implemented in their
dealerships in 2004," continued Maury. "Quorum is fully booked
for 2003, and is now booking new dealers into 2004 - it's shaping
up to be a busy year."
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/
% 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:
Quorum Information Technologies Inc.
Maury Marks
President and CEO
(403) 777-0035 Ext. 104
(403) 777-0039 (FAX)
Email: marksm@QuorumIS.com
Website: www.QuorumIS.com
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adequacy or accuracy of this release.
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