Quorum Expands Government of Canada Partnership
November 16 2020 - 5:00PM
Quorum Information Technologies Inc. (TSX Venture: QIS) ("Quorum")
announced today that its DealerMine division has been selected to
participate in the Government of Canada’s Accelerated Growth
Service (“AGS”) initiative. This has expanded Quorum’s partnership
with the Government as both XSellerator and DealerMine are now AGS
partners.
AGS is a Government of Canada initiative that
includes the four provincial governments in Atlantic Canada and
coordinates government support for high growth companies in areas
such as financing, advisory support, export and innovation
services.
“We are delighted our DealerMine division is now
a partner in the AGS program in Atlantic Canada as it will be a
more efficient way for us collaborate with the Federal and
Provincial governments,” said Maury Marks, Quorum’s President and
CEO. “Through the AGS initiative, DealerMine will be able to
accelerate its marketing, sales, customer service and development
plans and collectively find government programs to support our
efforts.”
Acting as a ‘one-stop shop’ model, each
participating company partners with a designated AGS client lead,
supported by one representative from each participating government
department. The AGS team, in partnership with the company,
identifies growth opportunities and collaborates with the company
including connecting the company to other government departments
and third-party organizations.
More information can be found on the Government of Canada
website at: www.ic.gc.ca/eic/site/117.nsf/eng/home
About Quorum Information Technologies Inc.
Quorum is a North American company focused on
developing, marketing, implementing and supporting its portfolio of
software and services for automotive dealerships that includes:
- XSellerator, a
Dealership Management System (DMS) that automates, integrates and
streamlines key processes across departments in a dealership, and
emphasizes revenue generation and customer satisfaction.
- DealerMine CRM,
a sales and service Customer Relationship Management (CRM) system
and set of Business Development Centre services that drives revenue
into the critical sales and service departments in a
dealership.
- Autovance, a
modern retailing platform that helps dealerships attract more
business through Digital Retailing (DR), improve in-store profits
and closing rates through its desking tool and maximize their
efficiency and CSI through Autovance’s F&I menu solutions
fee.
- Advantage, a
full showroom system for both franchised and independent
dealerships and a comprehensive management system that includes
accounting for the independent market.
Quorum Information Technologies Inc. is traded
on the Toronto Venture Exchange (TSX-V) under the symbol QIS.
For additional information please go to
www.QuorumInformationSystems.com.
Forward-Looking InformationThis
press release may contain certain forward-looking statements and
forward-looking information ("forward-looking information") within
the meaning of applicable Canadian securities laws. Forward-looking
information is often, but not always, identified by the use of
words such as "anticipate", "believe", "plan", "intend",
"objective", "continuous", "ongoing", "estimate", "expect", "may",
"will", "project", "should" or similar words suggesting future
outcomes. Quorum believes the expectations reflected in such
forward-looking information are reasonable but no assurance can be
given that these expectations will prove to be correct and such
forward-looking information should not be unduly relied upon.
Forward-looking information is not a guarantee
of future performance and involves a number of risks and
uncertainties some of which are described herein. Such
forward-looking information necessarily involves known and unknown
risks and uncertainties, which may cause Quorum's actual
performance and financial results in future periods to differ
materially from any projections of future performance or results
expressed or implied by such forward-looking information.
Neither the TSX Venture Exchange nor its
regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed this release and
neither accepts responsibility for the adequacy or accuracy of this
release.
Contact: Maury
Marks403-777-0036Investors@QuorumDMS.com
PDF
available: http://ml.globenewswire.com/Resource/Download/f0e73183-e479-409a-9443-3abff7cb3ba5
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