Quorum Introduces New and Enhanced Version of Quorum Land; Set to Unveil Latest Version at 2002 NALTA Conference.Business/Energy Editors & High-Tech Writers 2002 NALTA Conference HOUSTON--(BUSINESS WIRE)--Oct. 16, 2002 Quorum A majority of an entire body; e.g., a quorum of a legislative assembly. A quorum is the minimum number of people who must be present to pass a law, make a judgment, or conduct business. Business Solutions Inc. (Quorum), a product-centered services company that develops and supports industry-standard applications across a wide range of businesses, announces a new and enhanced version of its successful Quorum Land software. Quorum Land, a cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. and flexible solution for maintaining and securely managing all land information, is currently deployed by a growing number of leading exploration & production companies. Already one of the most comprehensive land management systems available, Quorum Land integrates lease, contract, fee property and easement easement, in law, the right to use the land of another for a specified purpose, as distinguished from the right to possess that land. If the easement benefits the holder personally and is not associated with any land he owns, it is an easement in gross (e.g. land data within a single application. The system easily integrates with other financial applications, including SAP and ORACLE, to streamline business processes and reduce manual activities such as filing, copying, faxing and mailing. The latest version of the product, which integrates land management functions with geographical information system Geographical Information System - Geographic Information System (GIS (1) (Geographic Information System) An information system that deals with spatial information. Often called "mapping software," it links attributes and characteristics of an area to its geographic location. ) technology, and allows browser-based access to the data, includes a number of key enhancements. Assisted by an active product user group that helps drive future product direction, Quorum has significantly streamlined the generation process for both the "Exhibit A" and "Agreement Data Sheet." Ease of use is always a key consideration at Quorum and the new version adds the ability to make mass changes and improves the system's already powerful reporting capabilities. "Quorum Land was created with direct user participation and those users continue to actively work with us through the product user group to help ensure that the product remains a unique and compelling solution for professional land managers," said Paul Weidman, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Quorum Business Solutions Inc. Current and prospective users of the system will be able to view the newly released version released version - release at Quorum's booth at the National Association of Lease and Title Analysts (NALTA) 17th Annual Conference in Lake Tahoe, October 16th-19th. Quorum recently joined both NALTA and the American Association American Association refers to one of the following professional baseball leagues:
AAPL American Association of Professional Landmen AAPL American Academy of Psychiatry and the Law AAPL Advance Audiovisual Presentation Limited AAPL Advocates for Arkansas Public Libraries ) and will actively participate in the activities of both associations. In fact, the company is already contributing to the work of the AAPL through its participation on a sanctioned committee working to define land data transfer standards. About Quorum Land Quorum Land, a component in the Quorum Energy Suite, is a comprehensive land data and document management system. Implementation of the system reduces manual processes for researching, gathering, verifying ver·i·fy tr.v. ver·i·fied, ver·i·fy·ing, ver·i·fies 1. To prove the truth of by presentation of evidence or testimony; substantiate. 2. and reporting land data throughout the organization. In common with all of Quorum's software products, Quorum Land is guided by an active user group and supported by Quorum domain experts and developers. With a commitment to support products throughout their entire lifecycle, Quorum offers cost-effective support and licensing options to all users. About Quorum Business Solutions Inc. Quorum Business Solutions Inc. is a product-centered services company that develops and supports industry-standard applications across a wide range of businesses. Quorum works closely with its clients, building long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. relationships: developing, delivering and supporting cost effective business solutions. Quorum is committed to providing the right people, expertise and tools to deliver successful solutions its clients can count on. Founded in 1998, Quorum now has over 150 staff operating out of offices in Dallas, Houston and Calgary. Quorum provides the Quorum Energy suite, a set of software applications for the energy industry that includes TIPS (Plant/Facility Accounting), the industry-standard solution for gas plant accounting. Quorum's product offerings for the energy industry are targeted at companies that gather, transport, process and market natural gas and other energy commodities. The company has an extensive client base in this business segment and a strong reputation for delivering cost-effective solutions. For more information, visit Quorum's Web site at www.qbsol.com or call us at 713/917-0799, Ext. 210. |
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