CALGARY, Alberta — The newest addition to Quorum Information Technologies Inc. (Quorum)’s suite of dealership management system software products — XPRESS — was accepted as an offering under the GM Integrated Dealer Management System (IDMS) program in both the U.S. and Canada. The new system compliments Quorum’s flagship product, XSELLERATOR, which is a dealership and customer management software product that automates, integrates and streamlines every process across departments in a dealership.

Converting to a modern DMS platform can be a significant undertaking. XPRESS is aimed at providing smaller dealerships with a way to quickly take advantage of a modern platform, a central customer and vehicle database, and other essential features of a DMS with less disruption to their business, and a lower cost of conversion from their current system. XPRESS provides dealerships with the option of building on to the system at their own pace as they become comfortable with the software and are ready to embrace more sophisticated features. XPRESS is available immediately to dealers in both the United States and Canada.

Quorum also has granted incentive stock options to directors and officers to purchase up to 1,035,000 common shares at $0.49 share for a period of five years. The Board Chairman and CEO did not participate in the stock option grant.