Quorum Pipeline Transaction Management Increases Base by over 55% in 2011

  Quorum Pipeline Transaction Management Increases Base by over 55% in 2011

  Software for Operator / Shipper Interactions Continues Momentum into 2012

Business Wire

HOUSTON -- June 13, 2012

Quorum Business Solutions, Inc. (Quorum), a leading provider of business and
information technology solutions for the oil, gas, and renewable energy
industry, announces another successful year for its interstate pipeline
shipping software solution – Quorum Pipeline Transaction Management^TM (QPTM).
In the past year, Quorum has added 20 interstate pipeline, intrastate pipeline
and LDC assets to the product’s base, bringing the total number of assets
managed to 56.

In January 2012, Quorum successfully released QPTM 4.0. Since that time,
Quorum has begun three new major implementations of the recently released
pipeline transmission software and has another two existing customer upgrades
underway. This version of the pipeline deal capture software includes a
standardized online contracting module (Request for Service) with
mobility-enabled workflow for web / mobile phone access.

“Our success stems from our mission of extending the product lifecycle through
ongoing support and Client direction, which is directly evident in the latest
releaseof our pipeline transaction software,” said Tyson Greer, Vice President
of Quorum. “Through identification of a growing trend and the input of the
user community, Quorum integrated the demand for mobile accessibility and
focused on enhancing the shipper’s experience as part of QPTM 4.0. These
enhancements have reaped benefits for our Clients by improving the shipper’s
interface thereby increasing customer satisfaction, while simultaneously
addressing the expanding requirements of an evolving industry.”

Additionally, enhancements to Quorum’s pipeline transaction software to
support the North American Energy Standards Board (NAESB) 2.0 rollout are
complete and will be delivered to customers in line with the Federal Energy
Regulatory Commission (FERC) mandated timeline. This further cements our track
record for timely NAESB compliance updates for all of our interstate pipeline
Clients.

About Quorum Business Solutions, Inc.

Quorum Business Solutions, Inc. is a software and consulting solutions company
that develops, implements, and supports a suite of business software solutions
for the energy industry with a unique approach to providing a longer product
life span. Founded in 1998, Quorum employs over 350 staff operating out of
offices in Houston, Dallas and Calgary. Quorum has ongoing relationships with
over 145 clients, among which 25 Fortune 500 Companies are represented.
Throughout its fourteen year history, Quorum has successfully completed over
650 business and information technology projects.

The Quorum Energy Software Suite is a set of integrated business applications
designed for companies that produce, gather, transport, process and market
oil, natural gas, natural gas liquids, LNG, wind generation and other energy
commodities. The inherent integration of the suite allows the products to work
together to facilitate straight through processing of the full energy value
chain.

For more information, visit Quorum’s web site at www.qbsol.com or call us at
713-430-8601.

Contact:

Quorum Business Solutions, Inc.
Jessica Sumners, 713-430-8624
jessica_sumners@qbsol.com
 
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