ITEM 5.02: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On December 28, 2012, the Board of Directors of Quadrant 4 Systems Corporation
(the "Company") was notified that one of its board members, William J. (Jeff)
Marshall, passed away. Mr. Marshall was a valuable friend of the Company and the Board noted that his contributions will be missed. The Company has begun the process of identifying a new board member to fill this vacancy.

ITEM 9.01: FINANCIAL STATEMENTS AND EXHIBITS

Financial statements of business acquired - Not required;

Pro forma financial information - Not required;

Shell Company Transactions - Not required;

Exhibits - None

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