Quorum Closes Acquisition of Autovance Technologies Inc.
Calgary, AB, September 6, 2017 – Quorum Information Technologies Inc. (TSX Venture: QIS) (“Quorum” or the “Corporation”) is pleased to announce the closing of its arm’s-length acquisition of Autovance Technologies Inc. (“Autovance”), as originally announced on August 22, 2017.
Quorum is a North American company focused on developing, marketing, implementing and supporting its dealership and customer management system, XSELLERATOR. Quorum offers the system to franchised, independent and some non-automotive dealerships in Canada and the United States. XSELLERATOR automates, integrates and streamlines every process across departments in a dealership. The system includes tools designed to maximize revenue opportunities for dealerships such as customer relationship management (CRM) and service inspection and quoting processes. Quorum is a Microsoft partner and XSELLERATOR is developed with modern mobile-enabled technology. Quorum Information Technologies Inc. is traded on the Toronto Venture Exchange (TSX-V) under the symbol QIS and in 2016 was selected to the TSX Venture 50®, an annual ranking of the strongest performing companies on the TSX Venture Exchange. For additional information please go to www.QuorumDMS.com.
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