Quorum Ranked on the 2010 Inc. 5000
Listed Amongst Exclusive Group of America’s Fastest-Growing Companies
Houston – September 1, 2010. Quorum Business Solutions, Inc. (Quorum), a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry,announces recognition by Inc. magazine on the Inc. 5000 list of growing companies in 2010 with a ranking of #3377 overall and #74 in the Houston area.
During the challenging economic environment, Quorum has focused on expanding product offerings to maintain strong performance. This has come about in two different fashions. The first approach is through the development of new solutions to address the ever evolving nature of the oil and gas industry. A couple notable solutions are modular additions to two of our staple products. Quorum Forecasting is software to perform detailed forecasting of natural gas processing plant accounting within Quorum TIPS. The other notable solution is the development of a tool which can assist companies actively pursuing large land acquisition endeavors, and is particularly relevant to E&P companies engaged in the Marcellus Shale region or other areas with high levels of acquisition activity.
Additionally, Quorum has maintained growth by increasing our footprint in emerging markets. For example, in the wind energy industry, we have enriched existing software solutions with greater functionality for wind operators’ property management and royalty accounting businesses. This type of expansion has enabled Quorum to widen our range of prospective clients.
The Inc. 5000 serves to honor the accomplishments of successful entrepreneurs as well as to draw attention to the contributing role they have played in our global economy. The list honors many businesses that are too big to grow at the pace required to make the Inc. 500. Quorum has been on the Inc. 5000 list since Inc. began doing it four years ago.
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 100 clients, among which 25 Fortune 500 Companies are represented. Throughout its twelve year history, Quorum has successfully completed over 400 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:
Jessica Sumners
Quorum Business Solutions, Inc.
713-430-8624