DMS SOLUTIONS INVESTORS NEWS CAREERS LINKS CONTACT FOR CUSTOMERS HOME

What's New

NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR:  QUORUM INFORMATION TECHNOLOGIES INC.

TSX VENTURE SYMBOL:  QIS

JANUARY 13, 2005 - 09:15 ET

Quorum Appoints Lee Poseidon to Head U.S. Operations

CALGARY, ALBERTA--(CCNMatthews - Jan. 13, 2005) - Quorum Information 
Technologies Inc. (TSX VENTURE:QIS) (Quorum) announced today that Lee 
Poseidon has been selected to head up its growing U.S. business. Mr. 
Poseidon is an automotive industry veteran with more than 20 years of 
global operating management and leadership experience in a variety of 
settings, from start ups to mature businesses. As Vice President and 
General Manager - Quorum U.S., Mr. Poseidon will be responsible for 
executing on key elements of the Company's strategic plan for deployment 
of XSELLERATOR(TM) in the U.S. market. XSELLERATOR is the only 
completely integrated, Windows-based DMS software on the market. It 
automates and streamlines dealerships' sales, service, parts and 
accounting departments.

"We are delighted to have an individual of Lee's caliber on board," said 
Maury Marks, President and CEO of Quorum. "Lee has a proven track record 
of strong leadership. He brings a tremendous amount of knowledge and 
experience in the automotive industry on a global scale, as well as a 
wealth of experience in growing companies. In order to meet demand in 
the U.S., our strategic plan is to complete a number of key alliances to 
enable us to penetrate the U.S. market quickly," continued Maury. "Lee 
will play a big part in that strategy, and he will be a huge asset to 
the Company."

Most recently, Mr. Poseidon was the Senior Vice President and General 
Manager of ProQuest Global Automotive, a division of ProQuest, (aka Bell 
and Howell) where he successfully revitalized, and grew on a global 
basis, a mature electronic parts cataloguing business with sales in 
excess of $100 million annually. Previously, he was the Chief Operating 
Officer of the National Automobile Dealers Association in McLean, VA. 
Mr. Poseidon also spent 15 years with The Reynolds & Reynolds Company in 
Dayton, OH., where he held a variety of senior management positions. Mr. 
Poseidon earned his MBA from Xavier University and his B.A. degree in 
Economics from Ohio Wesleyan University.

"I have been impressed with Quorum's leadership, and with what Quorum 
has already achieved in a fairly short time," said Mr. Poseidon. "The 
XSELLERATOR product is built on current technology and is proven. It 
offers robust functionality and an attractive business model at a time 
when U.S. dealers are looking for a viable alternative."

About Quorum:

Quorum (TSX V: QIS) is a successful information technology company that 
develops, markets, implements and supports its own software products for 
specific vertical markets. Its key products are DISTRIBUTOR(TM), a 
Windows and Web solution, and XSELLERATOR dealership management 
software, which combine to form a Dealership and Customer Relationship 
Management System (DMS) for the automotive dealership market. Quorum's 
success comes from delivering the best DMS System on the market, and 
their commitment to total customer satisfaction.

/T/

-----------------------------------------------------------------------
                                 % Mkt.        XS        XS  % Increase
XSELLERATOR (XS)    Total #   Share at    Dealers   Dealers        From
TARGET MARKET       Dealers   Jan / 05   01/06/05  12/31/01    12/31/01
-----------------------------------------------------------------------
GM/Saturn Canada        793      13.87        110        30         266%
-----------------------------------------------------------------------
GM United States       7647        .07          6         -           -
-----------------------------------------------------------------------
Saturn United States    437          -          -         -           -
-----------------------------------------------------------------------

/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

or

Quorum Information Technologies Inc.
#200, 6715 8 Street N.E.,
Calgary, AB T2E 7H7
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.

  COPYRIGHT © 2012 QUORUM INFORMATION TECHNOLOGIES INC. LEGAL NOTICE PRIVACY POLICY