Quorum Announces an Addition to its Board of Directors
June 08 2020 - 4:00PM
Quorum Information Technologies Inc. (TSX Venture: QIS) ("Quorum"
or the "Corporation") announces effective immediately, the
appointment of Mr. William (“Bill”) Nurthen to Quorum’s Board of
Directors.
Mr. Nurthen will be joining existing Quorum
Board members Maury Marks, Joe Campbell, Scot Eisenfelder, Jon
Hook, D. Neil McDonnell and Greg Pollard.
“I am delighted to be welcoming Bill to Quorum’s
Board of Directors,” said Mr. Maury Marks, founder, President and
CEO of Quorum. “Bill brings over two decades of leadership in key
areas such as financial operations, investor relations and mergers
and acquisitions. Bill’s experience will allow Quorum to further
drive our organizational growth, industry stature and leadership,
and financial success.”
Mr. Nurthen brings more than twenty years of
experience which includes Chief Financial Officer roles at two
publicly traded companies and financial leadership roles across
multiple sectors. Mr. Nurthen is currently the Chief Financial
Officer of Endeavor Business Media. Prior to that, he served as
Chief Financial Officer of ARI Network Services, Inc., a software
company focused on independent dealers. He has also held Chief
Financial Officer roles in investment banking, biotechnology, and
technology services. Mr. Nurthen holds a Master of Business
Administration from the Kellogg School of Management at
Northwestern University and a Bachelor of Business Administration
from the University of Notre Dame.
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 system and set of Business Development Center services
that drives revenue into the critical sales and service departments
in a dealership.
- Autovance, a sales desking system that increases sales
department gross margins and improves customer satisfaction for
dealerships.
- Advantage, a full showroom system for both franchised and
independent dealerships and a comprehensive operating 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.QuorumDMS.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 Marks
403-777-0036MarksM@QuorumDMS.com
PDF
available: http://ml.globenewswire.com/Resource/Download/66029e85-464f-4efc-b6aa-c987785f5004
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