FOR: Quorum Information Technologies Inc.
TSX VENTURE SYMBOL:
Quorum Signs First DaimlerChrysler Dealership Customer to XSELLERATOR'TM' DMS
MAY 31, 2006 - 11:20 ET
CALGARY, ALBERTA--(CCNMatthews - May 31, 2006) - Quorum Information Technologies Inc. (Quorum) (TSX VENTURE:QIS) announced today the signing of its first DaimlerChysler (DCX) dealership to Quorum's XSELLERATORTM DMS. XSELLERATOR is Quorum's proprietary Dealership Management System (DMS) software, a completely integrated, Windows-based DMS that automates and streamlines automobile dealerships' Sales, Service, Parts, Accounting and CRM processes.
"To grow across North America, Quorum must expand its services to dealerships beyond General Motors (GM). Roughly 70% of all GM U.S. dealership entrepreneurs own other manufacturer-branded dealerships with the combination of GM/DCX being the most common. These dealers want to run all of their dealerships on one common DMS platform. We have been working on the development required to get XSELLERATOR ready for DCX, and we are now signing-up pilot dealerships," said Maury Marks, President and CEO of Quorum. "Our first pilot DCX dealer was identified together with DCX Corporate as a technologically leading-edge dealer who will truly test the full power and functionality of XSELLERATOR. There are approximately 4,400 DCX dealerships in North America and we look forward to being able to service them."
Quorum's focus is on developing, marketing, implementing and supporting its XSELLERATORTM product for the automotive vertical. XSELLERATOR is a dealership and customer management software product which automates, integrates and streamlines every department in a dealership. Quorum currently has over 17% of the GM dealership market in Canada making it the third largest supplier of Dealership Management Systems for GM in Canada. Quorum was also recently named General Motors' IDMS Supplier for North America. Quorum is a Microsoft Gold Certified Partner and managed ISV.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Quorum Information Technologies Inc.
Craig F. Nieboer, V.P. & CFO
#200, 6715 8 Street N.E., Calgary, AB T2E 7H7
(403) 777-0035 Ext. 110
(403) 777-0039 (FAX)