Quorum Information Technologies Inc. announced that it has signed a Definitive Agreement with Autovance Technologies Inc. whereby the corporation will acquire all of the issued and outstanding shares of the company. Rick Johnston, President of Autovance will join the Quorum senior management team and provide more depth to the team. Closing of the Transaction is subject to customary closing conditions. Quorum anticipates that the Transaction will be complete on September 1, 2017.