QIS Quorum Information Technologies Inc

Quorum Information Technologies Inc. (TSX VENTURE:QIS) ("Quorum" or the
"Corporation") today released Second Quarter (Q2) Fiscal Year (FY) 2009 results.
Quorum provides services to General Motors (GM), Chrysler and Hyundai
dealerships in North America. The Corporation is an Integrated Dealership
Management System (IDMS) strategic partner with GM and a strategic partner with
Microsoft. Quorum's XSELLERATOR(TM) product is broadly promoted to GM
dealerships by these prominent industry partners. 


With Chrysler's and General Motor's recent emergence from the bankruptcy
process, the automotive industry has begun to stabilize and the resulting
reorganized domestic manufacturing companies are focused on lean, profitable
operations. Quorum's XSELLERATOR solution is ideally suited for the industry at
a time when dealerships are looking for strategic advantages, reduced costs and
increased profitability. XSELLERATOR significantly improves dealerships' and
manufacturers' business processes and allows them to become customer-centric
organizations. XSELLERATOR also provides immediate and direct cost reductions on
an on-going basis from the traditional fees charged by the dominant market
providers.


The impact to Quorum of GM's U.S. bankruptcy proceedings and dealership
franchise reductions was fairly minimal. Quorum did not experience any
interruption in its GM payments during the bankruptcy proceedings. According to
published accounts, GM notified 42% of their dealerships across the U.S. and
Canada that their franchises would not be renewed at the end of 2010.
Approximately twenty three percent (23%) of Quorum's GM dealership customers
received such notifications.  Many of these dealerships are transforming their
business to provide other automotive sales and services and will remain with
Quorum to serve their DMS needs.  Quorum predicts that approximately ten percent
(10%) of its customer base will cease operations entirely as a result of the
franchise changes, and those closures will be spread over the next 18 months.
Quorum also expects new sales to completely offset those closures during this
timeframe.


The automotive industry remains a challenging environment, however, despite all
of the recent turmoil, Quorum continues to produce positive results:


- Four consecutive quarters of profitable results.

- Positive Earnings Before Interest, Taxes, Depreciation and Amortization
(EBITDA) for Q2 FY2009 of $250K and FY2009 year-to-date of $619K.


- Although Net New and Integration revenue declined for the quarter our
recurring support revenues remained consistent at $1,460K for both Q1 and Q2
FY2009.


- #1 GM IDMS Supplier in North America measured by number of GM IDMS dealerships.

- Only Dealer Service Provider (DSP) to have developed and deployed all
available GM integration points in both Canada and the U.S.


- Strong partnership with Newfoundland government allowed Quorum to strengthen
its balance sheet with a $0.5 million, 0%, non-secured government loan with the
Atlantic Canada Opportunities Agency (ACOA).


Quorum produced solid results during one of the most challenging quarters for
both the automotive industry and specifically General Motors.  Now that the
major restructuring is complete for GM and Chrysler, we look forward to getting
"back to business" and growing the Company profitably.




Financial Highlights

----------------------------------------------------------------------------
              Six Months Six Months  Q2 Ended Q2 Ended   Q1 Ended  Q1 Ended
                   Ended      Ended   June 30, June 30,  March 31, March 31,
                 June 30,   June 30,     2009     2008       2009      2008
                    2009       2008
----------------------------------------------------------------------------

Gross revenue $    3,533 $    3,790  $  1,636 $  2,117  $   1,896 $   1,673
Gross profit       2,010      1,352       903      847      1,107       505
Expenses           2,119      2,146     1,180    1,093        772       945
Operating
 income (loss)
 before 
 interest,
 taxes,
 depreciation
 and
 amortization
 (EBITDA)            619       (271)      250       60        369      (331)
Net income
 (loss)              191       (774)        3     (252)       189      (522)
Cash flow
 from
 operating
 activities          342       (490)       53     (264)       289      (226)
Quarterly
 cash
 expenditures $    4,032 $    4,757  $  2,072 $  2,422  $   1,960 $   2,336

KEY MANAGEMENT
 METRICS
XSELLERATOR
 installations
 - in the             
 period                3         12         1       10          2         2
XSELLERATOR
 Total
 Rooftops            224        213       224      213        225       203



About Quorum

Quorum is a North American company focused on developing, marketing,
implementing and supporting its XSELLERATOR(TM) product for the automotive
vertical. XSELLERATOR is a dealership and customer management software product
which automates, integrates and streamlines every process across departments in
a dealership. One of the select North American suppliers of General Motors'
IDMS, Quorum is the third largest DMS provider for GM's Canadian dealerships
with over 20% of the market.  Quorum is a Microsoft Gold Certified Partner and
Field-Level Managed ISV in both Canada and the United States.  Quorum
Information Technologies is traded on the Toronto Venture Exchange (TSX-V) under
the symbol QIS. For additional information please go to www.QuorumDMS.com. The
TSX Venture Exchange does not accept responsibility for the adequacy or accuracy
of this release.

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