Quorum Announces Debt Prepayment of $2.5 million

CALGARY, Alberta, July 16, 2024 (GLOBE NEWSWIRE) -- Quorum Information Technologies Inc. (TSX-V: QIS) (OTC Pink: QIFTF) (“Quorum”), a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers (“OEMs”) rely on for their operations, announced today it has made a prepayment of $2.5 million in principal and interest on its BDC Capital Inc. Loan Facility (“BDC Capital Facility” or “Facility”).