Quorum Information Technologies Inc.
TSX VENTURE : QIS
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June 08, 2006 13:35 ET
Quorum Signs Four More Dealerships to Its GM IDMS Offering
CALGARY, ALBERTA--(CCNMatthews - June 8, 2006) -
Quorum Total Dealerships Signed Now at 165
Quorum Information Technologies Inc. (Quorum) (TSX VENTURE:QIS) announced today the signing of four more General Motors (GM) dealerships to GM's Integrated Dealer Management System (IDMS) featuring Quorum's XSELLERATOR™ DMS - two of the dealerships are in Canada and two are in the United States. GM's IDMS program is focused on helping General Motors' retail dealers throughout North America simplify their technology requirements and streamline operations resulting in improved productivity and increased customer satisfaction. XSELLERATOR is Quorum's Dealership Management System (DMS) software, a completely integrated, Windows-based DMS that automates and streamlines automobile dealerships' Sales, Service, Parts, Accounting and CRM processes.
Under the terms of the multi-year IDMS agreement with GM, Quorum is one of only two chosen DMS providers responsible for the delivery of IDMS software and related hardware and services on behalf of GM to GM-branded dealerships across North America, including Buick, Cadillac, Chevrolet, GMC, HUMMER, Pontiac and SAAB.
"We are now focused on selling under the GM IDMS program, and as evidenced by these sales the results are starting to come. We are also very encouraged with our expanding sales pipeline as we drive many more dealerships towards the finish line," said Maury Marks, President and CEO of Quorum. "We believe we have the best Windows-based system in the DMS marketplace, and through the GM IDMS program many more dealers are being exposed to our XSELLERATOR product and the increased efficiencies and additional revenue they can realize by deploying a modern DMS solution."
About Quorum:
Quorum's focus is on developing, marketing, implementing and supporting its XSELLERATOR™ 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 18% 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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