Quorum Announces Move to New, Larger Office Space in St. John’s, Newfoundland and Labrador

ST. JOHN’S, Newfoundland, Feb. 13, 2018 (GLOBE NEWSWIRE) — Quorum Information Technologies (Quorum) (TSX VENTURE:QIS), in response to strong demand for its dealership and customer management system, XSelleratorTM, announced today that it has relocated its largest office in St. John’s, Newfoundland and Labrador to accommodate the expansion of its staff in the Province.

The new office is located in the premier, and highly-coveted, Tower Corporate Campus at Waterford Valley which features open spaces designed to encourage and foster collaboration – a key element of Quorum’s mission statement. Quorum occupies the East Campus Hall, Suite 200 at 240 Waterford Bridge Road, St. John’s, NL, A1E 1E2 as of February 1st, 2018. The St. John’s office houses most of Quorum’s software development, product and customer support and corporate staffs, as well as some sales staff. The Company has other offices in Calgary, Alberta, London, Ontario, and Washington Township, Michigan, USA (www.QuorumDMS.com), as well as Autovance’s headquarters in Lethbridge, Alberta (www.Autovance.com).

“We had exceeded the capacity of our previous facility and our new St. John’s location provides ample room for our existing staff as well as the ability to accommodate our growth plans for the foreseeable future,” said Marilyn Bown, Quorum’s Chief Financial Officer. “We are also excited to offer our employees an opportunity to work from a new premier facility that is also near the history and heart of downtown St. John’s and Water Street.”

About Quorum

Quorum is a North American company focused on developing, marketing, implementing and supporting its automotive dealership and customer management system, XSellerator. Quorum offers the system to franchised, independent and some non-automotive dealerships in Canada and the United States. XSellerator automates, integrates and streamlines every process across departments in a dealership. The system includes tools designed to maximize revenue opportunities for dealerships such as Customer Relationship Management and service inspection and quoting processes. Quorum is a Microsoft partner and XSellerator is developed with modern mobile-enabled technology. Quorum Information Technologies Inc. is traded on the Toronto Venture Exchange (TSX-V) under the symbol QIS and in 2016 was selected to the TSX Venture 50®, an annual ranking of the strongest performing companies on the TSX Venture Exchange. For additional information please go to www.QuorumDMS.com.

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.

Quorum Contact: Marilyn Bown