Quorum Announces New OEM Integrated Functionality For PowerLane
March 09 2022 - 5:58PM
Quorum Information Technologies Inc. (QIS:TSXV) (“Quorum”), a SaaS
software and services company that provides essential software that
automotive dealerships rely on for operations throughout North
America, is pleased to announce new Original Equipment Manufacturer
(“OEM”) integrated functionality for its PowerLane product.
PowerLane is a mobile Service Lane tool that provides customers
with a touchless, transparent customer experience that includes
media capture capabilities that allow dealership customers to
review a video of any necessary repairs.
“Quorum has partnered with GM and Hyundai to
deliver more accurate customer vehicle maintenance and recall data
into PowerLane,” stated Maury Marks, Quorum’s President and CEO.
“GM, Hyundai, Ford, Nissan, Stellantis and other franchised
dealerships are already taking advantage of Quorum’s integrated
PowerLane features, and we are working to integrate to additional
brands vehicle data. PowerLane is an integral part of Quorum’s
service and parts solution that also includes Service CRM, Online
Service Scheduling and BDC Services.”
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:
Quorum’s Dealership Management System (DMS)
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,
improve in-store profits and closing rates through its desking tool
and maximize their efficiency and CSI through Autovance’s F&I
menu solution.
Quorum Information Technologies Inc. is traded
on the Toronto Venture Exchange (TSX-V) under the symbol QIS. For
additional information, please go to
QuorumInformationSystems.com.
Contacts:
Maury MarksPresident and Chief Executive
Officer403-777-0036Maury.Marks@QuorumInfoTech.com
Marilyn BownChief Financial
Officer403-777-0036Marilyn.Bown@QuorumInfoTech.com
Investor Relations ContactRon
ShuttleworthPartnerOak Hill
Financial647-500-7371rshuttleworth@oakhillfinancial.ca
Forward-Looking Information
This 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.
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