Quadrant 4 Systems Corp. (fka QFORQ)

[LiquidOTC]

ROLLING MEADOWS, Ill., June 16, 2011 /PRNewswire/ -- Quadrant 4 Systems Corp. (OTCQB: QFOR), a leading IT consulting company ("Quadrant 4"), today announced the closing of a second phase of its working capital financing arrangement with Porter Capital Corporation ("Porter Capital"). The Company has received additional capital in the amount of $3.5 million from Porter Capital, which will be used to fund Quadrant 4's existing consulting and solutions businesses. Quadrant 4 closed on the first phase of its working capital line in the amount of $3.5 Million in early March 2010.