CALGARY, ALBERTA–(Marketwire – March 31, 2010) – Quorum Information Technologies Inc. (Quorum) (TSX VENTURE:QIS) and Co-Auto Co-Operative Inc. (Co-Auto) of Woodbridge, Ontario, announced today that Quorum has been selected as the exclusive supplier of Dealership Management Systems (DMS) to Co-Auto members. Effective April 1, Quorum will offer its flagship DMS, XSellerator™, through the Co-Auto purchasing channel.
Co-Auto has over 1,200 dealership members, representing all brands, and provides them with an extensive range of top-quality products and services at a significant savings by utilizing its collective purchasing power. Co-Auto members can now purchase Quorum's XSellerator™ and enjoy the same benefits as with other purchases through Co-Auto.
Mark Allen, Vice President of Sales, Marketing & Services for Quorum said, “We are excited to embark on this new relationship with Co-Auto. It exactly aligns with our strategy to offer our DMS to new car franchises and independent operations beyond GM. The relationship is a perfect complement to our GM IDMS offering for GM franchisees and will offer other dealerships in Ontario similar access to special pricing coupled with the advantages of their Co-Auto membership.”
“We invited Quorum to become an approved vendor to Co-Auto because they offer our dealerships a modern, cost effective system that is focused on real benefits to dealers. We see Quorum's XSellerator™ as a great choice for our forward-thinking dealerships. By having a DMS as a part of the cooperative, we enhance the coverage of products and services for our dealer members,” commented Trevor Dawson, Co-Auto's VP of Sales and Marketing.
Quorum is a North American company focused on developing, marketing, implementing and supporting its XSellerator™ product for GM, Chrysler and Hyundai dealers. 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 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 is traded on the Toronto Venture Exchange (TSX-V) under the symbol QIS. For additional information please go to www.QuorumDMS.com.
Co-Auto is a cooperative buying group dedicated exclusively to servicing the Ontario and Quebec new car and truck dealerships. Launched in 1979, Co-Auto has built its success on the ability to save dealerships money through competitive pricing, rebate programs and profit sharing. Ultimately, these savings are realized through the volume purchasing strength of the cooperative. In addition to providing savings to our members, Co-Auto was designed as a Complete Purchasing Program providing top-quality products, services, equipment and central billing. Co-Auto is a TRUE cooperative in that profits are returned to shareholders based upon membership participation.
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