Quorum Information Technologies Inc. (TSX VENTURE:QIS) ("Quorum" or the
"Company") announces that the Company has paid off and retired its 12% secured
convertible debentures (the "Debentures"), which were originally to mature on
April 15, 2011. Quorum would also like to announce that on December 15, 2010 the
Company entered into a credit facility agreement with HSBC Bank that will allow
Quorum to borrow up to $525,000 to meet working capital requirements. The credit
facility is secured by a first priority security interest in all of the
Company's present and after-acquired property.


About Quorum

Quorum is a North American company focused on developing, marketing,
implementing and supporting its XSellerator product for GM, Isuzu, Chrysler,
Hyundai, KIA, Nissan, Subaru, NAPA and Bumper to Bumper dealerships. XSellerator
is a dealership and customer management software product that automates,
integrates and streamlines every process across departments in a dealership. One
of the select North American suppliers under General Motors' IDMS program,
Quorum is the second largest DMS provider for GM's Canadian dealerships with 25%
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 Inc. is traded on the Toronto Venture Exchange (TSX-V) under the
symbol QIS. For additional information please go to www.QuorumDMS.com.


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