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Quorum Information Technologies Inc.

03:46 PM EST - Quorum Information Technologies Inc. : said that it expects to have positive net income, EBITDA and cash flow for both the third quarter and the fourth quarter of this year. The company also said that General Motors is initiating new integration projects for development and delivery in the third quarter and fourth quarter. The company's migrations work for the SQL Server project is coming to an end this year and the dealerships that have yet to migrate are diligently working to get their migrations completed, the company added. Quorum Information Technologies Inc. shares V.QIS are trading up $0.035 at $0.16.