Today, QuoteMedia, Inc. (QMCI.OB) announced first quarter financial results for the period ending March 31, 2008. QuoteMedia is one of the leading providers of market information and financial applications.
QuoteMedia announced $1,687,675 first quarter revenue, which is a 45 percent increase compared to the 2007 results of $1,160,700. This is the company’s 20th consecutive quarter of revenue growth. QuoteMedia continues to gain more market share with their line of financial products. At this time, the company provides data for over 70 exchanges located worldwide.
Keith Guelpa, President of QuoteMedia, stated, “The significant revenue growth during the quarter resulted from increased sales of our Interactive Content and Data Applications as well as from increased subscriptions to our Quotestream products.”
As forecasted, QuoteMedia did experience a loss of $354,919 in the first quarter, which is an improvement from the $372,085 reported in first quarter 2007. The company expects losses to continue in the short term, but the anticipated increase in revenue stream should overtake expenses in the near future.
“Our improvement in gross margin rate to 58% compared to 56%, in the first quarter of 2007, reflects the stabilization of our fixed cost structures as revenues continue to increase. We expect our costs of revenue to continue to reduce as a percentage of revenues generated. We are very pleased with our progress to date, and we believe that we are on target to meet our near and long term objectives,” reflected Mr. Guelpa.
In the first quarter of 2008, QuoteMedia took advantage of their positive momentum from 2007. QuoteMedia introduced Quotestream II to a limited market. Quotestream II is the company’s next generation portfolio management system that provides a professional level system to non-professional customers. To meet the needs of financial services professional, QuoteMedia began a limited release of Quotestream Professional during the first quarter.
Mr. Guelpa commented, “We remain focused on our revenue growing strategies. Our plan of operation for the remainder of 2008 will center on marketing Quotestream II for deployments by brokerage firms to their clients, and moving strongly into the investment professional market with Quotestream Professional. We also plan to release additional international data sets and continue the market penetration of our Data Feed Services. We will continue to license our Quotestream Wireless applications and add new data content to expand our line of Interactive Content and Data Applications.”
QuoteMedia, Inc. (QMCI.OB) has Data Solutions for Financial Professionals
QuoteMedia, Inc. (QMCI.OB), a lead provider of market data, provides a variety of content modules to assist consumers with stock information. The company currently has eight modules with a variety of applications that can be embedded and customized into a consumer’s personal web pages. For ease of installation, a single line of code is needed to integrate the module into a consumer’s existing data set.
The “News and Headlines” module provides full access to press releases and premium news content. Users can select from hundreds of topics to target specific publicly traded companies or exchanges. The type of format the information can be viewed in varies from narrow or wide column, ticker-style, or vertical scrolling.
The “Quotes and Charts” module provides users with market and research data on specified symbols. The available charts range from simple intraday or historical displays, as well as interactive technical charting applications. The charts available in this module can be standalone or interactive, while quotes can be displayed in a large or compact style.
The “Market and Stock Research” module has 32 tools that allow the user to obtain in-depth research instruments. There are news, ratings, market movers, indices, historical performance, corporate actions, and earnings information applications. The Ticker-Market Movers application provides a user with a scrolling ticker consisting of the exchange in the top row, and a second row that is fully customizable with stocks or indices of a user’s choice. The Dynamic Market Movers application allows a user to select an exchange and choose between gainers and losers by percentage or dollar value, as well as by volume activity.
The “Portfolio Management” module provides users with applications which deliver immediate access to market data to their desktop or Internet-ready cellular devices. The Web Portfolio Manager allows users to track holdings and analyze performance on all stocks, mutual funds, or indices listed on any of the North American exchanges. The Quotestream application allows consumers to monitor their portfolios in delayed or real-time.
The “Mutual Funds” module provides fund market overviews, fund charting, comprehensive fund screening criteria, performance ratings, risk benchmark, and detailed fund quote data tools to users. The basic mutual fund application includes a set of data points, allowing for mutual fund research and screening, while the advanced module provides additional sector allocation data.
The “Investor Relations” module allows the user to customize the manner in which stock quotes, charts, insider reports, historical reports, and company news are displayed. The IR Charts-Logo application allows a company logo to be imbedded into any chart, while the Quote Chart module provides an intraday chart and quote data into a small footprint.
The “FOREX and Currencies” module allows users to monitor Foreign Exchange data, monitor customized watchlists, chart global currencies, and run currency conversions.
The “XML Data Services” module provides comprehensive market data feeds in delayed, real-time, or end-of-day formats. QuoteMedia’s ultra-low latency XML delivery systems provide intraday snap information and end-of-day bulk information along with an array of research and press news.
QuoteMedia’s assortment of content solution tools provide any broker, bank, or financial services professional with a wide array of applications to obtain information on stocks and funds. Not only can the tools be customized, but they can also easily be imbedded into any website. QuoteMedia has designed a broad array of tools to meet the needs of any financial professional.
QuoteMedia, Inc (QMCI.OB) - Business Heavyweights Laud Company’s Services
QuoteMedia, Inc. (QMCI.OB) develops and distributes financial market data and related services by collecting, aggregating, and delivering delayed and real-time financial data content over the Internet. It offers several market information services, including streaming stock market data feeds, research and analysis, content applications, portfolio management systems, software products, news services, wireless applications, and other services.
QuoteMedia offers data feed services for equities, options, futures, commodities, currencies, mutual funds, and indices, as well as interactive content and data applications, and many other bundled products. QuoteMedia’s clients include several well-known companies in finance, banking, information publishing, and technology industries, and their testimonials demonstrate that they are very impressed with the company’s services. Some examples are as follows.
Forbes.com needs the best information for its high-end users. Mike Smith, VP and general manager of operations at Forbes.com stated, “We are committed to giving our readers the best possible products and technologies to assist them in achieving success in their investment strategies, and QuoteMedia’s innovative solutions have proven to be ideally suited to our needs and to those of our readers.”
Microsoft needs a partner with a product compatible with the unique Microsoft requirements. Chris Hill, group product manager of Microsoft stated, “The power of the Windows Mobile platform is that it enables partners like Quotestream Wireless to take people beyond email and business productivity on their device to a complete experience for their work and personal lives. In the case of Quotestream, people can easily stay connected to critical financial information and stock market activity wherever they are.”
Business Wire needs a partner to supply data to its customers. Cathy Baron Tamraz said, “With thousands of member companies and organizations depending on Business Wire to transmit their full-text news releases and multimedia content to journalists, financial professionals, investor services, and the general public worldwide, it is vital that we provide the best possible analytical market data content to our clients. We were impressed with the quality of QuoteMedia’s products, the depth of their market coverage, and particularly the level of support they provide.”
Several other well-known businesses have had similar experiences where QuoteMedia exceeded expectations. QuoteMedia is a leader in providing financial data over the Internet, and has several well-known customers so impressed with its products, it can easily leverage these opinions into increased sales.
QuoteMedia, Inc (QMCI.OB) Will Exhibit at the Securities Industry and Financial Markets Association’s Technology Management Conference
QuoteMedia, Inc. (QMCI.OB) announced on Friday that it will participate as an exhibitor at the Securities Industry and Financial Markets Association’s Technology Management Conference and Exhibit in New York, which takes place from June 10 through 12, 2008. QuoteMedia, Inc. develops and distributes financial market data and related services by collecting, aggregating, and delivering delayed and real-time financial data content through the Internet. It offers several market information services, including streaming stock market data feeds, research and analysis, content applications, portfolio management systems, software products, news services, wireless applications, and other services.
The SIFMA’s Annual Technology Management Conference & Exhibit is the industry’s
premier event, and is attended by over 7,000 people. At this event, QuoteMedia will present its products and services to the senior executives that manage several aspects of business information, including information systems and communications, data processing, market data, trading room support, web and Internet technology, and other related technology fields.
QuoteMedia will demonstrate two main products: the newly launched Quotestream (TM) Professional streaming portfolio management system, together with its Quotestream (TM) Wireless companion product, both of which are designed for use by financial services professionals; and Quotestream(TM) II, designed to provide a professional level experience to non-professional users.
QuoteMedia will also be available to meet with potential clients to discuss content solutions for Intranet and public facing websites as well as media/web portals. Sales and technical staff can discuss the company’s range of data feed solutions for businesses wanting to enhance their applications and systems with ultra-low latency, streaming quote data and supplementary feeds. Finally, technical staff will be available to talk to potential customers who are considering replacing existing legacy solutions with cost effective, state-of-the-art data services.
The 7,000 people who attend this event could generate tremendous interest in QuoteMedia, Inc’s products and services.
QuoteMedia, Inc. (QMCI.OB) Management Team is Backed by Extensive Experience
QuoteMedia, Inc. (OTCBB: QMCI) has positioned themselves as a leading provider in the financial data market industry. The company has created an advanced and provocative model that aggregates, manages, and streams information to multiple entities from the major exchanges in the U.S., Canada, and Europe. Ultimately, this enables their clients and customers to license comprehensive financial market information and software applications for a reduced cost compared to other providers.
Leading the way at QuoteMedia, Inc. is Keith Guelpa, president and CEO. Mr. Guelpa’s career comprises more than thirty years of high-ranking positions in the telecommunications, digital imaging, and Internet communications industries. He has served as the COO/president of a public company offering brokering services, financial planning, and investment banking consulting. Mr. Guelpa is also the co-founder and director of the company.
Having more than forty years of distinguished business and consulting experience is Robert J. Thompson, C.A., C.M.C., the company’s chairman of the board. Mr. Thompson practiced as a chartered accountant and certified management consultant for almost thirty years, and is the president of Corpus Investments, Inc., a private holding company that manages investments within multiple enterprises. He held a similar position as chairman of the board of C.M. Oliver, Inc., a Canada-based regulatory and publicly traded investment broker.
Holding the position of president and CEO of QuoteMedia, Ltd. is Dave Shworan. As a veteran of online marketing and developing Internet businesses, Mr. Shworan brings the company a distinguished record in running successful Internet-based companies. He is the co-founder of Bravenet.com, the Internet’s largest developer tools and services site. The site has ranked in the top fifty most visited web sites in the world, and provides products to 8 million webmasters.
Keith J. Randall, C.A., is vice president/CFO/secretary of QuoteMedia, Inc. Before joining the company, Mr. Randall was an exchange examiner for the Vancouver Stock Exchange. He has experience as vice president and CFO since he held the same positions at C.M. Oliver, Inc. prior to his current duties.
QuoteMedia, Inc. (QMCI.OB) Unveils Their Latest Application
QuoteMedia, Inc. (OTCBB: QMCI) engages in offering financial data, news, and research sources to companies by providing concise and professional solutions for information relating to the stock market. The company’s diversity of technical expertise, their agile responsiveness to custom corporate requirements, and their proven commitment to superior delivery technologies have positioned them as a leader in the financial market data industry.
The company offers various content solutions that provide a wealth of information pertaining to the specific category. Their content solutions range from simple scrolling tickers to full-scale market research portals. All their products are easy to use and are customizable, allowing for embedding directly into a client’s web page without having to install extra software or downloading any new programs. The wide range of content solutions include: quotes and charts, investor relations, portfolio management, market and stock research, news and headlines, mutual funds, FOREX and currencies, and XML data services.
The company’s newest application is the Quotestream II, the latest in streaming real-time portfolio management from QuoteMedia. It is the next generation of award-winning QuoteStream applications for non-professionals, and works by incorporating rich new content, tick-by-tick super-fast market data, and extensive customization in a trade-station style interface. The java application will meet the needs of banks, brokerage firms, and online portals that want to provide their customers with streaming real-time market data and full-featured portfolio management. The company offers a monthly per-user fee that is worth every penny for enterprise customers wanting to provide the best for their clients.
QuoteMedia, Inc. (QMCI.OB) Signs Agreement with Captivate Network, Subsidiary of Gannett Co., Inc. (GCI)
QuoteMedia, Inc. (QMCI.OB) has announced that it will provide market data feed services to Captivate Network, which is a subsidiary of Gannett Co., Inc. (GCI). QuoteMedia will be responsible for providing financial quotes and market data to the network.
Captivate Network is a digital news and entertainment provider focused on reaching professionals during business hours. Captivate has almost 8,400 wireless digital screens located in elevators of office towers in 24 of North America’s largest cities. With more than 54.5 million impressions per month, the screens reach an estimated 2.6 million professionals. QuoteMedia will join the network’s media partners that include CNN, USA Today, Forbes, and CNET.
Dave Shworan, CEO of QuoteMedia, stated, “We are very pleased with this exciting opportunity to provide financial information and market data to nearly 3 million viewers through this new digital channel.”
Captivate has identified their target audience and knows how vital it is to provide ‘Best in Class’ programming to their viewers. By entering into an agreement with QuoteMedia, the network will be able to provide professionals with timely, reliable, and key information about the business and financial markets throughout the workday.
Mike DiFranza, president and general manager of Captivate, said “We were impressed with the quality of QuoteMedia’s market coverage, their technological strength and particularly the level of support they provide. QuoteMedia has worked with us to ensure we are providing our viewers with the most up to date financial information possible.”
“Captivate is a recognized leader in the business focused digital marketplace, with a well deserved reputation for the quality and diversity of their programming. Their decision to use our data services is a wonderful endorsement of our product, and it provides a great opportunity to connect with their highly targeted audience of business professionals while exposing QuoteMedia’s brand to millions of viewers,” concluded Shworan.
QuoteMedia, Inc. (QMCI.OB) Offers Professional Traders as Professional Solution
QuoteMedia, Inc. (OTCBB: QMCI) engages in offering financial data, news, and research sources to companies by providing concise and professional solutions for information relating to the stock market. The company’s diversity of technical expertise, their agile responsiveness to custom corporate requirements, and their proven commitment to superior delivery technologies have positioned them as future leader in the financial market data industry.
The company offers various content solutions that provide a wealth of information pertaining to the specific category. Their content solutions range from simple scrolling tickers to full-scale market research portals. All their products are easy to use and are customizable, allowing for them to be embedded directly into a client’s web page without having to install extra software or downloading any new programs. The wide range of content solutions include; quotes and charts, investor relations, portfolio management, market and stock research, news and headlines, mutual funds, FOREX and currencies, and XML data services.
One of the company’s applications is Quotestream PRO; designed for the financial services professional, offering rapid, dependable, and updated and complete market data. The Quotestream PRO Desktop Solution provides tick-by-tick data and features customizable screens, advanced charting, comprehensive technical analysis, news, and research data.
There are many advantages with Quotestream PRO and here are several of them; no software installation required, co-companion delivery (allows the client to view the same portfolios and market data on desktop and wireless devices), no expensive server and circuit infrastructure required, access Quotestream PRO from anywhere in the world, extensive stock alert and news alerts (emails included), and many more.
Features included in Quotestream PRO include; market indices (a complete overview of the worlds markets), NASDAQ Level II with the addition of pink sheets, a ticker window that displays a complete report on last trade information in a dynamic/scrolling format, real-time market movers containing all North America Exchanges with top dollar and percent gainers and losers, and customizable portfolios which allows users to monitor multiple portfolios of equities in real-time.
QuoteMedia, Inc. (QMCI.OB) Provides Clients with Superior DataFeed
QuoteMedia, Inc. (OTCBB: QMCI) has positioned itself as a frontrunner in the financial market data industry. The company is constantly facilitating market data content, which requires a powerful system to produce this extensive information in a fast, dependable, and concise manner. QuoteMedia’s DataFeed technology is built on a scalable system that aggregates, manages, and streams information from the stock exchanges and other content feeds to power all the company’s applications with the highest quality and lowest latency data in the industry.
This system is the same technology that powers all of QuoteMedia’s applications and products, and is available in the form of ultra-low latency streaming data feeds covering all major North American exchanges. Clients can access QuoteMedia’s DataFeed for their own use in their proprietary applications, or with third party software, which has proven to be the most reliable and rapid financial market data method.
QuoteMedia gathers, normalizes, and distributes data through their ticker centers located in New York, Texas, and Vancouver, Canada. The ticker centers are able to maintain complete redundancy via cross-connect and multiple direct connections to the exchanges. Through these ticker centers, the company can offer flexible content delivery with zero data loss through strenuous testing, precise data tailored to clients’ specific needs, and a recovery system that ensures accurate data.
The company has developed a short-term data recovery system that provides a rollback buffer to retrieve any missed data, and also provides continuous full records to guarantee complete and accurate data recovery. Clients can choose TCP (Transmission Control Protocol) connections, or UDP (User Datagram Protocol) messaging. Any data can be streamed over stable lines or across the Internet. Other features that the client can choose between are; tick-by-tick or moderated data, real-time or delayed data, or client-slide software.
QuoteMedia, Inc. (QMCI.OB) Provides Clients with Superior DataFeed
QuoteMedia, Inc. (OTCBB: QMCI) has positioned itself as a frontrunner in the financial market data industry. The company is constantly facilitating market data content, which requires a powerful system to produce this extensive information in a fast, dependable, and concise manner. QuoteMedia’s DataFeed technology is built on a scalable system that aggregates, manages, and streams information from the stock exchanges and other content feeds to power all the company’s applications with the highest quality and lowest latency data in the industry.
This system is the same technology that powers all of QuoteMedia’s applications and products, and is available in the form of ultra-low latency streaming data feeds covering all major North American exchanges. Clients can access QuoteMedia’s DataFeed for their own use in their proprietary applications, or with third party software, which has proven to be the most reliable and rapid financial market data method.
QuoteMedia gathers, normalizes, and distributes data through their ticker centers located in New York, Texas, and Vancouver, Canada. The ticker centers are able to maintain complete redundancy via cross-connect and multiple direct connections to the exchanges. Through these ticker centers, the company can offer flexible content delivery with zero data loss through strenuous testing, precise data tailored to clients’ specific needs, and a recovery system that ensures accurate data.
The company has developed a short-term data recovery system that provides a rollback buffer to retrieve any missed data, and also provides continuous full records to guarantee complete and accurate data recovery. Clients can choose TCP (Transmission Control Protocol) connections, or UDP (User Datagram Protocol) messaging. Any data can be streamed over stable lines or across the Internet. Other features that the client can choose between are; tick-by-tick or moderated data, real-time or delayed data, or client-slide software.
QuoteMedia Inc. (QMCI.OB) is a Leading Financial Markets Data Provider
QuoteMedia Inc. (QMCI.OB) is a leading provider of financial stock market data, market news feeds, market research information, and financial software solutions to online brokerages, financial service companies, banks, clearing firms, and media portals. Among its many leading-edge product lines, the company offers data feeds, news, interactive stock research, financial applications and real-time wireless applications.
To facilitate effective information delivery, QuoteMedia has created a scalable model that aggregates, manages, and streams information to multiple entities from the major exchanges around the globe. This allows corporate clients as well as their customers to license financial market information and software applications for significantly reduced costs as compared to the expensive and outdated infrastructures of other financial data providers.
QuoteMedia is well-positioned within one of the fastest growing segments of the financial industry, the financial markets data delivery marketplace. Financial websites now consistently outscore every other website category in depth of online usage, including portals, search engines, and online communities. Some recent statistics indicate that 65% of those who go online seek financial information.
QuoteMedia does seem to be reaping the benefits of being well-positioned in a growth industry. The company is quickly gaining market share in the $7-billion financial data delivery market. The numbers speak for themselves. The company has now posted 19 consecutive quarters of revenue growth and achieved a sales growth of 49% for 2007 vs. 2006. QuoteMedia hopes to dramatically increase its future revenue growth by continuing to capture market share within the data feed and mobile/PDA markets.
QuoteMedia, Inc. (QMCI.OB) To Provide Data Services to Gannett Co., Inc.’s Captivate Network
One of the world’s most recognized providers of real-time market data, QuoteMedia is trusted by investors the world over. The company recently announced its involvement with the Captivate Network, a subsidiary of Gannett Co., Inc. QuoteMedia is the latest addition to the network’s programming, and will fall in line with other major media providers such as CNN, USA Today, CNET and Forbes.
Captivate’s digital news and entertainment network spans an impressive 8,400 digital flatpanel screens, strategically located in elevators throughout 24 of the country’s largest office towers. The system delivers over 55 million impressions a month, and has earned an unbelievable average of 48 percent ad recall.
Mike DiFranza, president and general manager for Captivate noted, “We were impressed with the quality of QuoteMedia’s market coverage, their technological strength and particularly the level of support they provide. QuoteMedia has worked with us to ensure we are providing our viewers with the most up to date financial information possible.”
In response, QuoteMedia CEO Dave Shworan stated, “Captivate is a recognized leader in the business focused digital marketplace, with a well deserved reputation for the quality and diversity of their programming. Their decision to use our data services is a wonderful endorsement of our product, and it provides a great opportunity to connect with their highly targeted audience of business professionals while exposing QuoteMedia’s brand to millions of viewers.”
The agreement certainly seems as if it will benefit both parties. The placement increases the services and credibility of Captivate’s ad network, while simultaneously increasing QuoteMedia’s already awe-inspiring range in the world of financial information solutions.
QuoteMedia Inc. (QMCI.OB) Covering A Broad Range of Market Information
QuoteMedia Incorporated is answering the call of demanding investors by providing complete coverage of all major North American Exchanges and ECNs, including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, UITs/ETFs, rates, and indices. Coverage from the company includes real-time market data, a technology that other sites such as yahoo finance and Google finance are just now catching up to. In addition to stock coverage, Quotemedia also offers data feeds, news, interactive stock research, financial applications and real-time wireless applications.
While it is crucial for many investors to have the real-time access to quotes and news, it is also important to have access to historical market data. Quotemedia offers investors comprehensive historical market data for all North American Equities, Mutual Funds, Options, Futures and Commodity exchanges, as well as International markets. Historical data is critical for research when tracking a particular stock or industry over time.
Historical data is an important research tool, but is not always the most complete analytical source. Quotemedia recognizes this and also provides its visitors with investment research, key fundamental and financial information, as well as analytics from the industry’s leading research providers. This section contains analyst coverage, fundamentals, dividend and earnings information, insider transactions and much more. It also contains a research portion devoted specially to initial public offerings (IPOs).
The news section of Quotemedia is well organized and rather impressive. It is split into three sections: Company news, Sector news and Topic-based news. The sectional breakout divides the market watcher with quick access to what matters instead of wandering through pages of useless information. The news provided comes from a range of respectable sources ranging from the SEC all the way to smaller press releases and even other financial news sites such as Marketwire, Financial News, USA, and Eworldwire. The content provided by Quotemedia is truly impressive and covers the market from all angles.
QuoteMedia, Inc. (QMCI.OB) Continues to Play Key Role in Expanded Programming with Captivate Network
QuoteMedia, Inc. (QMCI.OB) continues to play a key role in providing valuable information to the upscale business audience that Captivate Network is attempting to capture. Captivate is a digital out-of-home news and entertainment network focused on reaching consumers during regular business hours. Currently, the programming is being delivered to elevators within premier office towers of 23 cities across North America.
The ability to show real-time information is what makes Captivate’s programming so unique. No RSS feeds are used. Captivate employs an interactive editorial team with strong journalism backgrounds to provide breaking news coverage and live programming to its target audience. Company research has shown that 50 percent of viewers responding cite Captivate as their primary news source during the day.
“We firmly believe that we must earn the viewer’s attention with engaging content. We employ a live editorial team, not RSS feeds, in order to hand-select and boil down information into readable, digestible tidbits to feature on the network. RSS feeds can’t do that,†stated President and General Manager of Captivate, Mike DiFranza.
Captivate has announced expanded programming with additional product offerings and additional new content partners, including the Canadian Economic Press News, Ecovert.ca, and CP Images. There are now over 100 content partners providing information in categories such as health, news, travel, entertainment, and business.
More city-specific information will now be relayed through a “Local Link†that will provide customized event listings, local weather and news, and local messages. About 30 percent of Captivate’s coverage is at the local level, whereas other out-of-home networks mainly provide national content. Some examples of what local news would include focus on public transportation delays and weekend weather updates.
Captivate has added a number of consumer-facing blogs to provide a more personal touch to programming, as well as to draw viewers to access the information via their desktops. To entice the audience, the editorial team pulls blog entries that focus on viewer’s most popular topics. The audience can learn more about the best, reasonably-priced new wines from about the world through “The Quafferâ€. Consumers can read sassy and opinionated reviews on new movies and DVDs from “People Tell Me I Look Like Han Soloâ€. There is even a French-language blog for the Montreal audience about films and books available in Le Sous-Bois.
According to DiFranza, “Captivate has taken a radically different approach with live and original programming, valuable local information and the creation of blogs that bring our content to the viewer’s desktop.â€
Captivate has over 8400 screens that deliver over 55.6 million impressions per month. Studies have shown that the company already earns an average 48-percent total ad recall. With its new expanded programming, the recall rate is expected to increase.
QuoteMedia, Inc. (QMCI.OB) Grows Sales & Market Share
QuoteMedia, Inc., (QMCI.OB), the $6 million financial data and software provider based in Arizona, has posted 19 consecutive quarters of revenue growth, steadily increasing its market share in the $7 billion financial data supplier market. QuoteMedia’s major competitive edge is its use of advanced technologies, offering news feeds and software solutions comparable or superior to more expensive big-name competitors such as Bloomberg or Reuters.
QuoteMedia provides real-time streaming financial news and research tools to brokerage, financial service, and media corporations around the world, including NASDAQ, Dow Jones, Forbes, JP Morgan & Chase, and IBM. Its superior content delivery capabilities are based on a proprietary suite of customizable technologies. The company supplies a full range of data feeds and software applications, along with stock research and management tools such as streaming real-time quotes, watch lists, charts, market indices, and other stats.
QuoteMedia’s principal offerings are:
- Content Solutions - allowing clients to integrate a wide range of dynamic financial information onto their websites
- Market Data Feeds – offering real time streaming data feeds from worldwide financial markets
- Software Applications – providing Quotestream™ products for data and organization
QuoteMedia’s Dynamic Content Solutions allow clients to easily integrate pre-formatted market data modules onto their own website. QuoteMedia’s DataFeed offers an efficient server-to-server distribution vehicle for the company’s extensive financial and market data. Quotestream™ Desktop is a comprehensive streaming application that delivers highly configurable market information. Quotestream™ Mobile, the revolutionary wireless companion product to Quotestream™ Desktop, gives remote users the most features of any wireless stock market data application.
Going forward, the company’s objective is to continually build revenue growth by increasing market share within the data feed and mobile/PDA markets. Key to this is QuoteMedia’s partnerships with banks, brokers, financial service providers, and mobile carriers.
QuoteMedia, Inc. (QMCI.OB) Management Team has Vast Applicable Experience
QuoteMedia, Inc. (OTCBB: QMCI) engages in the financial market data industry by delivering a complete and comprehensive financial market information and software applications with a reduced cost. The company’s diversity of technical expertise, their agile responsiveness to custom corporate requirements, and their proven commitment to superior delivery technologies have positioned them as a leader within the financial market data industry. Their advanced model allows them to manage and stream information to multiple entities from major exchanges in the U.S., Canada, and Europe.
Through QuoteMedia’s development team, the company is able to respond rapidly to product changes and their ability to widen their scope of operations through continual advancement of the company’s software solutions. This creates a competitive advantage for the company in times of constant flux within both the financial and Internet industries. Their development team consists of developers who have vast experience in Internet communications technologies as well as many other programming environments. Along with the company’s marketing team, which seeks out new clients and researches new markets for QuoteMedia’s expanding product offerings; the company is on the cutting edge of financial data delivery trends.
The management team is headed by Dave Shworan, Director and President/CEO of QuoteMedia. A veteran of online marketing and developing Internet business, Mr. Shworan was also the co-founder of Bravenet.com, the web’s largest developer tools and services site. Bravenet is ranked in the top 50 most visited web sites worldwide, producing products to 8 million webmasters. He has a solid background as a corporate consultant and is the founder of several highly profitable Internet companies.
R. Keith Guelpa, co-founder/Director and President/CEO of QuoteMedia brings with him an impressive career that has spanned over thirty years. Mr. Guelpa has held the position of president/CEO before for numerous high-tech firms involved in telecommunications, digital imaging and Internet communications. His management expertise combined with his background in marketing, investment banking, and board experience provides QuoteMedia with a clever veteran within the Internet industry.
QuoteMedia, Inc.’s (QMCI.OB) Quotestream™ Wireless Service Keeps You in the Loop
Quotestreamâ„¢ Wireless from QuoteMedia is the perfect tool for investors on-the-go, using J2ME mobile programming technology to transform a cell phone into a portable market data hub. For traditional QuoteStream users, it acts as an extension of the desktop, delivering all of the same functions in a fully-integrated, fully-mobile environment.
Portfolio management on Quotestreamâ„¢ Wireless affords users the opportunity to track all of their investment interests on one screen, granting the ability to create ten watchlists with up to 52 ticker symbols on each.
Like QuoteMedia’s computer-based system, Quotestream™ Wireless boasts a comprehensive charting system for both real-time intraday trend-tracking, and longer-term historical analysis. QuoteStream will chart up to five years of pricing information in line, bar, or candlestick formats.
Waiting for news on one of your investments? Whether it be the top story or a somewhat obscure release, QuoteStream will keep you informed with up-to-the-minute press feeds. You can view general market news as it unfolds, or associate the feed with your own portfolio investments, viewing only pertinent material.
Quotestream™ Wireless’ features basically put you in the captain’s chair, offering stock alerts, portfolio tracking, level-2 data, foreign exchange info, and access to wireless trading, just to name a few. For anyone looking to be permanently connected to the world of finance, there is simply no better solution.
QuoteMedia, Inc. (QMCI.OB) - The Best Source for Market Data, Hands Down
For nearly ten years, QuoteMedia has been a major player in the dissemination of financial market data through the development of its Quotestream™ software suite. The company’s fully-scalable solutions can be tailored specifically to fit the needs of each client, making QuoteMedia the number one choice for millions of individuals and businesses alike.
Arguably the most visible brand in the world of market data provision, QuoteMedia has signed contracts with some of the biggest names in the finance; NASDAQ, Forbes, Zacks, JP Morgan, and Businesswire, just to name a few. Exposure like this has led to unbelievable growth for the company, including nineteen consecutive quarters of increased revenue. To put things into further perspective, the company enjoyed an annual sales growth of nearly fifty percent in 2007.
Advancements and improvements to QuoteMedia’s services have been at an all-time high as well. The new QuoteStream™ Wireless mobile data platform has seen a consistent increase in demand, with news feeds and other critical data being sent directly to portable electronic devices of all kinds. Along with better services, the company has poured extra effort and resources into expanding its server network, resulting in faster operation as well.
QuoteMedia, Inc. (QMCI.OB) - Content Modules to Fit Any Need
QuoteMedia, one of the world’s top providers of up-to-the-minute financial market data, continuously satisfies the needs of its customers using scalable content modules. The functions of these modules range from basic stock tickers, to market portals that bring the entire universe of finance to your fingertips.
On the simple side of things, you have quote and chart modules to rival any provider. QuoteMedia’s charts are intelligent, visually pleasing windows with dynamic quotes, and technical and historical charting capabilities that take the confusion out of price action. QuoteMedia charting modules can be fully aestheticized for seamless integration into a client’s website.
Another module that plays a huge role in the service’s effectiveness promptly delivers breaking news to the user’s screen. Settings can be adjusted to cover entire markets, or to target specific companies. Once in sync with your preferences, the news module keeps you informed of all press and filing content.
Aside from quotes, and general portfolio management services, QuoteMedia also facilitates access to data on mutual funds, FOREX, and world currencies. You can covert currencies, monitor user-specified watchlists, and more.
When it comes down to it, QuoteMedia is unequaled in the realm of intuitive, comprehensive market data solutions. The company never ceases to improve upon its services; all the more reason to trust QuoteMedia with providing the best information in an easily manipulated environment.
QuoteMedia Inc. (QMCI.OB) Recently Reported Second Quarter Earnings Increase of 30%
QuoteMedia Incorporated is a provider of financial information, market data and investment research for web users around the world. The site provides real-time market data in addition to offering data feeds, news, interactive stock research, financial applications and real-time wireless applications. QuoteMedia leaves no markets uncovered by offering complete coverage of all major North American Exchanges and ECNs, including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, UITs/ETFs, rates and indices.
The President of QuoteMedia Incorporated, Keith Guelpa, said, “The significant revenue growth during the quarter resulted from increased sales of our Interactive Content and Data Applications as well as from increased subscriptions to our Quotestream product line.†Guelpa also added, “This is our 21st consecutive quarter of revenue growth, reflecting the strong continuing market penetration of our full line of financial data products and the increasing depth of our data offerings, which now cover over 70 exchanges worldwide.â€
Earlier this month, QuoteMedia reported second quarter earnings had risen 30% to $1,724,396 from $1,331,405 in the comparative period in 2007. These increased second quarter revenues raised revenue for the six months ended June 30, 2008 to an increase of 37%, to $3,412,071 from $2,492,105 in the comparative period in 2007. The company has also greatly narrowed its loss compared to the same period in 2007 and laid much of the important groundwork for future projects. A significant portion of the company’s attention is still directed towards revenue growth and revenue potential in the future.
QuoteMedia Inc. (QMCI.OB) - Quotestream PRO Professionally Streams Live Market Information
QuoteMedia Incorporated has always met the demands of savvy investors and business professionals by offering complete coverage of all major North American exchanges and ECNs, including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, UITs/ETFs, rates and indices. However, now the company’s Quotestream PRO desktop solution is offering the most cost-effective streaming solution available to market professionals today.
Quotestream PRO is designed for financial services professionals, and offers fast, reliable, comprehensive market data. The Quotestream Pro Desktop Solution delivers low-latency, tick-by-tick data and features completely customizable screens, advanced charting, comprehensive technical analysis, news and research data. Quotestream PRO offers the same broad market coverage as other QuoteMedia products with added reliability and flexibility.
The features included with Quotestream PRO are immense and include: a complete overview of the worlds markets, NASDAQ Level II and Pink Sheets, information for all trading options for a given root symbol, historical and intraday charting, advanced charting capabilities, news and filings and customizable portfolio tracking. The analytical capabilities of the software are enormous and the advanced charting capabilities offer statistics in a simplified manner that is easy to interpret. With all these features incorporated into one program, it is a professional investor’s best tool for market analysis.
QuoteMedia, Inc. (QMCI.OB) - The World’s Best Data Feeds
QuoteMedia is a leading provider of financial market data and perhaps the most readily recognized name in the business. To achieve the widespread dissemination of such massive amounts of information, the company utilizes the latest in low-latency streaming data feeds.
Recognized by many as the fastest, most efficient data feeds in the world, QuoteMedia’s solutions provide up-to-the-minute data pertaining to stocks trading on every North American exchange. But the coverage does not stop there. QuoteMedia’s feeds can stream information on commodities, futures, currencies, mutual funds, and more. To say that the company’s services cover a broad range would be a serious understatement. In all actuality, the entire financial world is right there on your screen when you sign up for QuoteMedia’s services.
Maximum scalability is another feature that sets QuoteMedia’s customizable data feeds apart from competitors. Users specify what data is desired, and the flexible system is then tailored to fit those needs exactly. Delivery options can be chosen as well, depending on the protocol required by the receiving system. In the event of client-side server failure, the company has also developed specialized recovery buffers that recapture any data that was missed, and refresh it accordingly.
On virtually every level, QuoteMedia’s services are the best available monitoring and analytical tools in the world of finance.
The young company QuoteMedia has become the renowned leader in providing market coverage of all North American Exchanges and ECN’s, including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, rates and indices.
One of the most unique aspects of QuoteMedia is that the company provides historical and future-reaching research that will allow the consumer to analyze and study the market from the comfort of their home while making critical financial decisions that will affect their (and their family’s) financial future.
With media offices in Arizona, British Columbia and Toronto, QuoteMedia provides quality service throughout North America and has a strong array of employees constantly researching the markets. Two of the most beneficial aspects of QuoteMedia are the in-depth charting they provide, as well as information on IPO’s that is head-and-shoulders above their competition. Clients of QuoteMedia are a step ahead of other investors and - in the ever-changing market - this can make all of the difference in the world.
QuoteMedia is led by Chairman of the Board Robert J. Thompson. Thompson has a distinguished business and consulting career that spans over 40 years. Currently, Mr. Thompson serves as President of Corpus Investments Inc., a private holding company that manages investments in a wide range of enterprises.
With Thompson leading the way, and the incredible amount of resources QuoteMedia has in its arsenal, QuoteMedia has become the encyclopedia of market research and a tool tht investors cannot live without.
QuoteMedia, Inc. (QMCI.OB) Praised By the Big Boys
When you’re in the business of providing state-of-the-art tools for communicating critical financial information, you can’t do better than testimonials from the likes of Microsoft, Forbes, Nasdaq, and Scotiabank. But the list for QuoteMedia, Inc. (QMCI.OB), the $6 million Arizona-based financial market data provider, goes well beyond that, and shows why QuoteMedia stands above competitors.
In a word, it’s technology. While competitors are tied to legacy platforms that they can’t break free from, QuoteMedia offers the newest and best technology, allowing them to provide better service and more information for less money. That, together with flexibility in designing innovative solutions to unique customer problems, results in a satisfied customer base that keeps coming back for more.
Scotiabank - “We conducted extensive research to find the most advanced and complete solution that could be fully integrated with our trading platform. QuoteMedia’s technology provides the best solutions to our clients’ needs.â€
Forbes – “QuoteMedia’s innovative solutions have proven to be ideally suited to our needs and to those of our readers. We’ve been very impressed with the people at QuoteMedia. They listened to our needs and were very innovative in helping us to achieve our unique objectives.â€
Microsoft – “People can easily stay connected to critical financial information and stock market activity wherever they are.â€
Business Wire – “We were impressed with the quality of QuoteMedia’s products, the depth of their market coverage, and particularly the level of support they provide. QuoteMedia has shown us tremendous dedication and top quality service since day one, and we look forward to the improvement in our client offerings.â€
HD Vest Financial Services – “We were particularly impressed with QuoteMedia’s tremendous range of market data and applications, the ease and speed of implementation, and especially QuoteMedia’s flexibility in working with us to produce customized systems to meet our needs.â€
Southwest Securities – “The range of high quality but cost-effective content, its ease of integration and accessibility, and the responsiveness of the people at QuoteMedia have impressed us.â€
Zacks – “We conducted an extensive survey of available solutions, and were most impressed by QuoteMedia’s advanced technology and responsiveness to our goals.â€
Regal Securities – “We have been extremely impressed with QuoteMedia. The seamless integration of QuoteMedia’s technologies into our trading platform enhanced our client offerings instantly.â€
QuoteMedia, Inc. (QMCI.OB) Announces Quotestream II in Beta
Quotestreamâ„¢, the award winning portfolio management software solution from QuoteMedia, Inc., will soon be available in a new enhanced version. The company now expects to launch its new version, Quotestream II, in just a few weeks. The launch will include an entirely new website, as well as new features. Until the formal launch, users are welcome to try out the beta version of Quotestream II by registering for Quotestream I and clicking on the beta link in the members area.
Quotesteam (www.Quotestream.com) is available in two iterations, Quotestream Desktop and Quotestream Wireless, both included in every account.
Quotestream Desktop is the leading financial application for streaming market data and research information, offering traders and analysts real-time or delayed market information in a highly customizable form. By tapping into Quotemedia data feeds, Quotestream software provides complete U.S. and Canadian data in delayed or realtime mode, with streaming portfolios, detailed quotes, interactive charts, options, news, indices, and a full range of research information.
Users can easily tailor their view to meet specific needs, controlling the selection and sorting of columns, custom indices, audio-visual alerts, and even background colors. You can create up to 10 portfolios, or watchlists, of up to 52 symbols each. You can also view multiple windows simultaneously, and even transfer a portfolio to a spreadsheet for storing portfolio history.
Quotestream Wireless lets you take the market with you, offering the most features of any wireless stock market data application. It supports RIM Blackberry, PalmOne, Sony Ericsson, Motorola, and Nokia. Like Quotesteam Desktop, Quotestream Wireless offers you streaming portfolios, quotes, charts, options, news, indices, research, wireless trading and more.
QuoteMedia, Inc. is a $6-million financial data and software provider based in Fountain Hills, Arizona. The company provides comprehensive financial stock market data and research solutions for online brokerages, clearing firms, banks, public corporations, media portals, and financial service companies.
The Arizona based company Quotemedia, Inc. has been making waves in the business world with a variety of applications that are making people’s lives easier and hiring new personnel that are leaders in their field.
Quotemedia is a leading provider of corporate research information, financial applications and market data. The company has developed an array of software applications to assist customers in optimizing data applications. These include: Feed Relay, Data Cache, Cache/DB Extension and Cache/Stats Extension.
Feed Relay is a unique application in that it produces a real-time Data Feed as well as a delayed feed. This is a major asset for local clients of the company who need information right away.
Data Cache is Quotemedia’s in-memory database. This application compiles level 1 and level 2 data from DataFeed products and provides local symbol specific data access via both a streaming publish/subscribe interface and an easy to use quote API.
Cache/DB Extension is software that adds a persistence layer to the cache product, propagating data to a SQL database. This allows the consumer to view tick-by-tick trades.
The Cache/Stats Extension is software that creates a real-time market statistics collection and propagates the top 25 symbols via multicast UDP on the local network.
While the applications are a step ahead of their competitors, Quotemedia has brought in corporate leaders that will lead the company into the next decade. One such leader is James Kelly. Quotemedia made national news on August 8, 2008 when Kelly joined the company’s New York office. Kelly, who has over 20 years experience in the Financial Services and Market Data Technology industries, joined Quotemedia as their new Corporate Sales Director. Adding Kelly to an already impressive team has given the young company a leg up on the competition.
Whether it is their innovative technology or the hiring of experienced and successful personnel, Quotemedia is a company focused on leading their field.
QuoteMedia, Inc. (QMCI.OB) New Agreements Facilitate Growth
QuoteMedia is one of the world’s most highly recognized and trusted providers of market data and critical financial resources. Recently announced entries into new agreements and alliances may be instrumental in accelerating the growth and development of the company’s business model.
The past few months have proven beneficial for QuoteMedia, beginning with its announcement of a partnership with Gannett Co., Inc.’s Captivate Network, a veritable force in digital news and entertainment programming and advertising. The company, through the provision of its reliable, up-to-the-minute market data, will gain exposure to Captivate Network’s audience of nearly three million business professionals. The placement has also increased the services and credibility of Captivate Network, proving to be a mutually advantageous arrangement.
Another recently forged alliance with Penson Worldwide, Inc. has boosted QuoteMedia’s presence in the financial services industry significantly. Penson’s business includes execution, clearing, settlement, custody, and technology services provided to almost three hundred financial services firms. In addition to utilizing QuoteMedia’s raw data feeds, Penson will be actively offering Quotestream™ Professional and Quotestream™ Wireless products to its clients.
Penson president Daniel P. Son stated: “By incorporating QuoteMedia’s market solutions into our new and existing offerings, we are able to go an extra step in creating a more robust and dynamic offering for our clients.â€
According to Quotemedia executives, these recent developments represent the largest deployment of its financial information services in the history of the company.
In today’s ever-changing market, investor’s need coverage in a real-time fashion to be able to research and analyze which direction they should go to invest their hard earned money and protect the future of themselves and their families. One company has become the renowned leader in market coverage, that company is Quotemedia, Inc.
QuoteMedia has complete coverage of all major North American Exchanges and ECNs, including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, UITs/ETFs, rates and indices. To go along with this broad array of resources, Quotemedia also gives the investor a historical view of how a company has performed. This is beneficial to the investor as it shows trends in the market and gives an advantage that is hard to value.
Perhaps the most valuable aspect of the Arizona based company is the unique research and analytical tools they provide. QuoteMedia is a single source for a broad array of investment research, key fundamental and financial information, as well as analytics from the industry’s leading research providers.
When it comes to investing, we all need an edge in today’s market. Quotemedia is bringing that edge to you. From up to the minute charts to state-of-the-art research tools, Quotemedia provides their customers a real-time advantage.
QuoteMedia, Inc. (QMCI.OB) Keeps Its Structure Simple
QuoteMedia, Inc. (QMCI.OB) is a company focused on providing market data and critical financial resources to investors. Most people are overwhelmed by the amount of data out in the financial world, but QuoteMedia provides investors with a suite of tools to help make sense of the fast-paced field.
R. Keith Guelpa is the co-founder, President, and CEO of QuoteMedia, Inc. Guelpa is a seasoned professional with over 30 years in the high-tech field. He has extensive hands-on experience in management, marketing, and investment banking. Guelpa has served as President/CEO of a number of firms involved in telecommunications, internet communications, and digital imaging. He has also served as President/COO of a company involved with providing brokerage, investment banking, and financial planning services.
Dave Shworan serves as the President and CEO of QuoteMedia, Ltd. Shworan has a long history with online marketing and developing internet companies. He has been a founder of a number of highly profitable internet companies and worked as a corporate consultant for several years. Shworan was a co-founder of Bravenet.com, which has been ranked in the top 50 most visited websites worldwide. Bravenet is the internet’s largest developer tools and services site that supports up to 8 million webmasters. Shworan’s experience with developing successful internet sites provides QuoteMedia with a great advantage.
Keith Randall is another executive that holds a number of roles at QuoteMedia including Vice President, CFO, and Secretary. Randall earned the designation of Chartered Accountant while he worked at KMPG. He then was an Exchange Examiner for the Vancouver Stock Exchange prior to serving as Vice President and CEO of C.M. Oliver Inc., a Canadian regulated, publicly traded investment dealer/broker. Randall’s experience in both public accounting and the financial services arena provide the company with a solid financial foundation.
With his 40 years of experience in the business world, Robert Thompson serves as QuoteMedia’s chairman of the board. Thompson is currently the President of Corpus Investments Inc., which is a private holding company that manages investments. As a Chartered Accountant and Certified Management Consultant, Thompson has worked with a number of public accounting firms including Peat Marwick & Partners, Woods Gordon/Clarkson Gordon, and Ernst & Whinney. Thompson was formerly chairman of the board of C.M. Oliver Inc, and currently serves as director at a number of privately-owned corporations. Thompson’s expertise in the accounting field ensures that QuoteMedia’s financials are kept at the highest conservative standards.
Even though its executive staff is not as large as other companies, the individuals that make up the team are experts in their field. All of QuoteMedia’s top executives bring a host of experience to the table. Through the current rocky financial environment, QuoteMedia should be able to steer through the turbulent waters as it draws valuable recommendations from its team of experts.
QuoteMedia, Inc. (QMCI.OB): Broad Market Coverage on a Manageable Scale
QuoteMedia’s market coverage is absolutely expansive; the activities of every major North American exchange and ECN is meticulously monitored and documented. All this data can then be retrieved by any one of the platform’s users.
QuoteMedia provides up-to-the-minute info on common and preferred stocks, options, futures, commodities, currencies, warrants, mutual funds, UITs/ETFs, rates, and indices. Perhaps just as importantly, customers can also browse comprehensive archives of historical data in these areas.
Along with superior quote coverage, QuoteMedia offers easy access to news and filing information. Users can customize news feeds to specifically meet their own requirements; whether it be sector reports, topic-based, or news about an individual company, QuoteMedia puts it all right there at your fingertips. Current information on company filings is also made available. Additionally, customers are provided with the ability to obtain research reports and analytics from Wall Street’s top firms.
QuoteMedia’s platform is an excellent jumping-off point for the individual investor; a place from which one can become adequately informed, so as to make the best investment decisions possible. Regardless of what sort of financial information is sought, QuoteMedia has got it covered.
QuoteMedia, Inc. (QMCI.OB) Keeps Financial Institutions In the Know During a Shaky Economic Period
QuoteMedia, Inc. (QMCI.OB) is taking a lead role in providing financial stock market data, market news feeds, and financial software solutions to online brokerages, clearing and financial service firms, banks, and public corporations. By focusing its efforts on delivering financial data to the marketplace, QuoteMedia is making an impact on one of the fastest growing segments in the financial world.
QuoteMedia has built a streamlined, proprietary delivery system that is far more cost-effective than traditional data delivery technology used by its competitors. The older technology is based on legacy-style data networks that require heavier server and network loads that take up more bandwidth, which results in higher server and delivery costs. QuoteMedia’s innovative system runs at a lower cost ratio that enables the company to generate healthy margins, even when contracts are sold at a wholesale level.
As the economy continues to fluctuate, financial institutions such as brokerages, clearing firms, banks, and the like are met with an ever-increasing demand from consumers for real-time data. Statistically, financial websites outscore every other category for online usage, including search engines, portals, and online communities. Consumers are continually seeking financial advice and data online.
QuoteMedia plans to increase its revenue growth percentage by securing market share within the data feed, financial software applications, and mobile/PDA markets. By taking an advantage of its established partnership with Pension Worldwide and other clients, including banks, brokerage firms, mobile carriers, and web portals, QuoteMedia hopes to accomplish its overall growth plan.
QuoteMedia can provide these companies with all the latest developments throughout the business day with its real-time data delivery system. With no end in sight to the uncertainly with our economy, financial institutions need to be up-to-speed on the happenings on Wall Street and QuoteMedia has a cost-effective solution that will allows these companies to better serve their clients.
QuoteMedia, Inc. (QMCI.OB) Management is Leading the Way
QuoteMedia has become the renowned leader in providing market coverage of all North American Exchanges and ECN’s including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, rates and indices. With offices spread out across the globe, the young company is led by a team of innovative individuals.
The QuoteMedia Chairman of the Board is Robert J. Thompson. With over 40 years in the field, Thompson brings a wealth of experience to QuoteMedia. Thompson is the President of Corpus Investment Inc, which is a private holding company that manages investments in a wide range of enterprises. Thompson is a proven winner in the marketplace and has the vision needed to make Quotemedia a powerful company.
To go along with Thompson, QuoteMedia is led by R. Keith Guepa who is a Co-Founder of the company and serves as the company’s Director and President and is also Quote Media’s CEO. Guepa has over 30 years of experience and has served as President and CEO of numerous high-tech firms involved in such fields as Internet communications, telecommunications and digital imaging. Guepa has had a long and distinguished career and along with Thompson have helped shape QuoteMedia into the force the young company has become.
Other leaders at QuoteMedia include Dave Shworan and Keith J. Randal. Shworan serves as Director & President as well as CEO of QuoteMedia Ltd. Shworan gained fame as the Co-Founder of Bravenet.com, which is the web’s largest developer tools and services site.
With these three visionaries leading the way at QuoteMedia, it is only a matter of time before the marketplace realizes that QuoteMedia is a diamond in the rough on Wall Street.
QuoteMedia, Inc. (QMCI.OB) Works to Increase Market Share
QuoteMedia, Inc. (QMCI.OB) is involved in one of the fastest growing niches in the financial industry. The company is currently one of the leading providers of financial stock market feeds and data to financial institutions, online brokerages, public companies, and clearing houses. QuoteMedia also provides its customers with financial software solutions that provide end-users with the tools they need to translate market data into usable information that can be applied to their own financial growth.
QuoteMedia has a number of competitors who are providing financial data to the marketplace. Many of these competitors are using outdated technologies created upon legacy-style data networks which require heavier server and network loads along with more bandwidth, which result in higher server and data delivery expenses. QuoteMedia has built a proprietary and streamlined platform that allows the company to recognize positive margins, even when a contract is executed at a wholesale price point.
At this time, financial sites have significantly more online hits compared to any other topic or category. Financial sites are visited even more frequently than existing portals, online communities, and search engines. Statistical research has found that 65% of users online are searching for financial information.
QuoteMedia is focused on significantly increasing its top line revenue growth by increasing its presence in mobile/PDA, data feed, and financial software application market. The company will use its partnership with Penson Worldwide and other existing clients to execute its plan to expand its market share with mobile carriers, large scale web portals, and other financial institutions.
According to a representative at ScotiaBank, “We’re excited to introduce this market-leading capability to our clients. Providing real-time financial information and portfolio management with integrated trade execution, demonstrates our commitment to helping our clients meet their goals. We conducted extensive research to find the most advanced and complete solution that could be fully integrated with our trading platform. QuoteMedia’s technology provides the best solutions to our clients’ needs.â€
QuoteMedia, Inc. (QMCI.OB) Reports Strong Third Quarter Results during Uncertain Economic Times
QuoteMedia, Inc. (QMCI.OB), a leading provider of stock market data and applications, announced its financial results for the period ending September 30, 2008. The company licenses interactive stock research tools like insider reports, market indices, portfolio management systems, streaming real-time quotes, and data feeds to companies such as NASDAQ, Dow Jones, Wells Fargon, Business Wire, the OTCBB, Penson Worldwide, and others. Even during this period’s upheaval in the financial markets, QuoteMedia has posted strong third quarter results.
During the first nine months of 2008, QuoteMedia was able recognize a net cash balance through operating activities of $1,037,980. The net cash balance actually increased by more than 57% compared to the same period in 2007, where the company recognized a net cash balance of $658,534.
During the third quarter, QuoteMedia increased subscriptions to its new Quotestream II and Quotestream Pro products, as well as increased sales in their Interactive Content and Data Applications packages. The company’s revenue numbers reflect the positive impact of the expansion in its customer base and services provided. The company booked revenue of $1,888,279 in the third quarter 2008, which is a 26% increased compared to the 2007 amount of $1,501,097. The first nine months of 2008 resulted in $5,300,350 revenue, which is a 33% increase compared to the same period in 2007 of $3,993,202.
“During the third quarter, QuoteMedia continued to expand on the revenue growth momentum that has been building since 2007. We furthered our introduction of Quotestream II to the market, the new generation of our portfolio management system, with enhanced features and functionality. The Company also continued its early release of Quotestream Professional. Where Quotestream II is geared towards providing a professional level experience to non-professional users, Quotestream Professional is designed specifically for use by financial services professionals, offering unparalleled functionality at extremely aggressive pricing.â€
For the remainder of the year, the company will focus on deploying its Quotestream II to brokerage firms, as well as continue to market the Quotestream Professional application to the professional investment market. The company will also focus on increasing its footprint into the market with its Data Feed Services along with licensing its Quotestream Wireless applications and provide additional content through its Interactive Content and Data Applications.
“This is our 22nd consecutive quarter of revenue growth, reflecting the strong continuing market penetration of our full line of financial data products and the increasing depth of our data offerings, which now cover over 70 exchanges worldwide,†stated Keith Guelpa, President of QuoteMedia. “…we expect our monthly revenues will continue to rise, quarter over quarter, and overtake the increased cost commitments that we have undertaken over the past several years to support our rapid development. We are very pleased with our progress to date, and we believe that we are on target to meet our near and long term objectives.â€
QuoteMedia, Inc. (QMCI.OB) is Known for Their Versatile Content Modules
QuoteMedia offers a wide array of content solutions, from simple scrolling stock tickers to full-scale market research portals. Each one of QuoteMedia’s products is completely customizable, allowing websites to easily integrate the solutions with their existing content. QuoteMedia has made easy installation a priority and as a result only requires a single line of code for installation and fast loading efficiency.
Through these modules, websites can offer QuoteMedia’s dynamic quotes and charts, portfolio management, news and headlines, FOREX and currency prices, market and stock research coverage, as well as detailed information on mutual funds. The company provides prospective clients and investors with demos directly on their website at the following link: http://quotemedia.com/content_solutions
QuoteMedia, Inc. (QMCI.OB) Products and Services have Received Much Praise
QuoteMedia, Inc. provides financial stock market data, market news feeds, and related financial software solutions to financial service companies, online brokerages, clearing firms, banks and public corporations. The Company’s diversity of technical expertise, its agile responsiveness to custom corporate requirements, and its proven commitment to superior delivery technologies have been met with great praise.
Here are just a few of the many testimonials featured on the QuoteMedia website:
“We’re excited to introduce this market-leading capability to our clients. Providing real-time financial information and portfolio management with integrated trade execution, demonstrates our commitment to helping our clients meet their goals. We conducted extensive research to find the most advanced and complete solution that could be fully integrated with our trading platform. QuoteMedia’s technology provides the best solutions to our clients’ needs.â€
- Managing Director and Head of ScotiaMcLeod Direct Investing, Marianne Hasold-Schilter
“In order to maintain and improve our competitive position, it is vital that we continue to provide our clients with unmatched customer service and technological excellence. By incorporating QuoteMedia’s market solutions into our new and existing offerings, we are able to go an extra step in creating a more robust and dynamic offering for our clients. With QuoteMedia’s technologies in place, we are able to expand our financial data content to provide more in-depth market information that our clients and their customers require.â€
- President of Penson Worldwide, Inc., Daniel P. Son
“We are very excited about our partnership with QuoteMedia, and look forward to a successful relationship. We are committed to giving our readers the best possible products and technologies to assist them in achieving success in their investment strategies, and QuoteMedia’s innovative solutions have proven to be ideally suited to our needs and to those of our readers. We’ve been very impressed with the people at QuoteMedia. They listened to our needs and were very innovative in helping us to achieve our unique objectives.â€
- VP and General Manager of Operations for Forbes.com, Mike Smith
“People are increasingly relying on mobile devices to keep them connected to important information and services, from sending and receiving business email, finding restaurants, and tracking diets to receiving personal financial alerts like stock market data. The power of the Windows Mobile platform is that it enables partners like Quotestream Wireless to take people beyond email and business productivity on their device to a complete experience for their work and personal lives. In the case of Quotestream, people can easily stay connected to critical financial information and stock market activity wherever they are.â€
- Group Product Manager of Microsoft Corp., Chris Hill
“With thousands of member companies and organizations depending on Business Wire to transmit their full-text news releases and multimedia content to journalists, financial professionals, in or services, and the general public worldwide, it is vital that we provide the best possible analytical market data content to our clients. We were impressed with the quality of QuoteMedia’s products, the depth of their market coverage, and particularly the level of support they provide. QuoteMedia has shown us tremendous dedication and top quality service since day one, and we look forward to the improvement in our client offerings.â€
- President of Business Wire, Cathy Baron Tamraz
QuoteMedia, Inc. (QMCI.OB) is a Frontrunner in the Financial Market Data Industry
QuoteMedia offers a broad array of services and an exceptional number of technical differentiators in embedded, fully private-labeled and seamlessly integrated environments. Through its collection of financial data, news, and research sources, QuoteMedia has become a comprehensive solution for stock market related information provisioning.
To effective deliver this financial information, the company has developed an advanced, scalable model that aggregates, manages, and streams information to multiple entities. By utilizing this model, corporate clients as well as their customers are able to license comprehensive financial market information and software applications for significantly lower costs compared to the expensive and outdated infrastructures from other providers.
QuoteMedia has proven their success in attracting the big names of the corporate world including: The NASDAQ Stock Exchange, the OTC Bulletin Board, Forbes.com, JP Morgan Chase & Co., Dow Jones, Wells Fargo, American Express, ScotiaBank/Scotia Capital, Broadridge Financial, Penson Worldwide, IBM, General Electric, Boeing, ING Investment, BusinessWire, Zacks Investment Research, Schaeffers Investment Research, and many more. With their cutting edge technology and list of prestigious clients, QuoteMedia is a dominating force in the financial information market.
QuoteMedia, Inc. (QMCI.OB) Stands out from the Crowd
QuoteMedia Inc. has been makings major strides in the ever-changing marketplace. With a strong management team and an aggressive business style, QuoteMedia has developed a concept of doing business that is quickly gaining national attention.
With the economy being is such a tailspin; savvy investors want to have up to the second news so they know where their hard-earned money should be placed. QuoteMedia’s array of services benefit clients with an exceptional number of strong technical differentiators in embedded, fully private-labeled and seamlessly integrated environments. Through the aggregation of financial data, news, and research sources, QuoteMedia has become a comprehensive solution for stock market related information provisioning.
Another unique aspect of this company is their far-reaching hand. With media offices in Arizona, British Columbia and Toronto, QuoteMedia provides quality service throughout North America and has a strong array of employees constantly researching the markets.
QuoteMedia is led by their Chairman of the Board Robert J. Thompson. Thompson has a distinguished business and consulting career that spans over 40 years. Currently, Mr. Thompson serves as President of Corpus Investments Inc., a private holding company that manages investments in a wide range of enterprises.
With Thompson at the helm and a business style that is client-friendly, QuoteMedia is leading their customers back to success in the marketplace.
QuoteMedia Inc. (QMCI.OB) Covering A Broad Range of Market Information
QuoteMedia Incorporated is answering the call of demanding investors by providing complete coverage of all major North American Exchanges and ECNs, including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, UITs/ETFs, rates, and indices. Coverage from the company includes real-time market data, a technology that other sites such as yahoo finance and Google finance are just now catching up to. In addition to stock coverage, Quotemedia also offers data feeds, news, interactive stock research, financial applications and real-time wireless applications.
While it is crucial for many investors to have the real-time access to quotes and news, it is also important to have access to historical market data. Quotemedia offers investors comprehensive historical market data for all North American Equities, Mutual Funds, Options, Futures and Commodity exchanges, as well as International markets. Historical data is critical for research when tracking a particular stock or industry over time.
Historical data is an important research tool, but is not always the most complete analytical source. Quotemedia recognizes this and also provides its visitors with investment research, key fundamental and financial information, as well as analytics from the industry’s leading research providers. This section contains analyst coverage, fundamentals, dividend and earnings information, insider transactions and much more. It also contains a research portion devoted specially to initial public offerings (IPOs).
The news section of Quotemedia is well organized and rather impressive. It is split into three sections: Company news, Sector news and Topic-based news. The sectional breakout divides the market watcher with quick access to what matters instead of wandering through pages of useless information. The news provided comes from a range of respectable sources ranging from the SEC all the way to smaller press releases and even other financial news sites such as Marketwire, Financial News, USA, and Eworldwire. The content provided by Quotemedia is truly impressive and covers the market from all angles.
QuoteMedia, Inc. (QMCI.OB) has Data Solutions for Financial Professionals
QuoteMedia, Inc. (QMCI.OB), a lead provider of market data, provides a variety of content modules to assist consumers with stock information. The company currently has eight modules with a variety of applications that can be embedded and customized into a consumer’s personal web pages. For ease of installation, a single line of code is needed to integrate the module into a consumer’s existing data set.
The “News and Headlines†module provides full access to press releases and premium news content. Users can select from hundreds of topics to target specific publicly traded companies or exchanges. The type of format the information can be viewed in varies from narrow or wide column, ticker-style, or vertical scrolling.
The “Quotes and Charts†module provides users with market and research data on specified symbols. The available charts range from simple intraday or historical displays, as well as interactive technical charting applications. The charts available in this module can be standalone or interactive, while quotes can be displayed in a large or compact style.
The “Market and Stock Research†module has 32 tools that allow the user to obtain in-depth research instruments. There are news, ratings, market movers, indices, historical performance, corporate actions, and earnings information applications. The Ticker-Market Movers application provides a user with a scrolling ticker consisting of the exchange in the top row, and a second row that is fully customizable with stocks or indices of a user’s choice. The Dynamic Market Movers application allows a user to select an exchange and choose between gainers and losers by percentage or dollar value, as well as by volume activity.
The “Portfolio Management†module provides users with applications which deliver immediate access to market data to their desktop or Internet-ready cellular devices. The Web Portfolio Manager allows users to track holdings and analyze performance on all stocks, mutual funds, or indices listed on any of the North American exchanges. The Quotestream application allows consumers to monitor their portfolios in delayed or real-time.
The “Mutual Funds†module provides fund market overviews, fund charting, comprehensive fund screening criteria, performance ratings, risk benchmark, and detailed fund quote data tools to users. The basic mutual fund application includes a set of data points, allowing for mutual fund research and screening, while the advanced module provides additional sector allocation data.
The “Investor Relations†module allows the user to customize the manner in which stock quotes, charts, insider reports, historical reports, and company news are displayed. The IR Charts-Logo application allows a company logo to be imbedded into any chart, while the Quote Chart module provides an intraday chart and quote data into a small footprint.
The “FOREX and Currencies†module allows users to monitor Foreign Exchange data, monitor customized watchlists, chart global currencies, and run currency conversions.
The “XML Data Services†module provides comprehensive market data feeds in delayed, real-time, or end-of-day formats. QuoteMedia’s ultra-low latency XML delivery systems provide intraday snap information and end-of-day bulk information along with an array of research and press news.
QuoteMedia’s assortment of content solution tools provide any broker, bank, or financial services professional with a wide array of applications to obtain information on stocks and funds. Not only can the tools be customized, but they can also easily be imbedded into any website. QuoteMedia has designed a broad array of tools to meet the needs of any financial professional.
The Significance of QuoteMedia, Inc.’s (QMCI.OB) Recent Agreement with Penson Worldwide, Inc. (PNSN)
QuoteMedia, Inc. (QMCI.OB), a provider of market data and financial applications, announced in summer of last year that it has entered into an enterprise agreement with Penson Worldwide, Inc. (PNSN), a provider of flexible technology-based solutions to the investment industry.
Previous to this agreement, QuoteMedia had a well established relationship with Penson, and was providing a wide array of services to Penson’s clients through its subsidiary, Nexa Technologies. However, the new agreement is expansive in its scope and in the degree of integration involved. To have a company like Penson, which has a well known reputation for technological superiority, choose to incorporate QuoteMedia’s solutions for all of their clients is pretty significant.
Daniel Son, President of Penson, stated, “In order to maintain and improve our competitive position, it is vital that we continue to provide our clients with unmatched customer service and technological excellence. By incorporating QuoteMedia’s market solutions into our new and existing offerings, we are able to go an extra step in creating a more robust and dynamic offering for our clients.â€
QuoteMedia is now providing a number of services that Penson has incorporated into its platforms, which are utilized by almost 300 correspondent financial services firms for their brokers, financial advisors, and retail brokerage customers. Some of the services include raw quote and research data through QuoteMedia’s DataFeed solutions with an array of content and research products. The agreement allows Penson to offers its clients a number of the QuoteMedia services, including Quotestream™ Professional, Quotestream Wireless, and QuoteMedia’s streaming real-time portfolio management systems to financial advisors and brokers, and Quotestream™ II to non-professionals.
QuoteMedia, Inc. (QMCI.OB) Management Team is Backed by Extensive Experience
QuoteMedia, Inc. (OTCBB: QMCI) has positioned themselves as a leading provider in the financial data market industry. The company has created an advanced and provocative model that aggregates, manages, and streams information to multiple entities from the major exchanges in the U.S., Canada, and Europe. Ultimately, this enables their clients and customers to license comprehensive financial market information and software applications for a reduced cost compared to other providers.
Leading the way at QuoteMedia, Inc. is Keith Guelpa, president and CEO. Mr. Guelpa’s career comprises more than thirty years of high-ranking positions in the telecommunications, digital imaging, and Internet communications industries. He has served as the COO/president of a public company offering brokering services, financial planning, and investment banking consulting. Mr. Guelpa is also the co-founder and director of the company.
Having more than forty years of distinguished business and consulting experience is Robert J. Thompson, C.A., C.M.C., the company’s chairman of the board. Mr. Thompson practiced as a chartered accountant and certified management consultant for almost thirty years, and is the president of Corpus Investments, Inc., a private holding company that manages investments within multiple enterprises. He held a similar position as chairman of the board of C.M. Oliver, Inc., a Canada-based regulatory and publicly traded investment broker.
Holding the position of president and CEO of QuoteMedia, Ltd. is Dave Shworan. As a veteran of online marketing and developing Internet businesses, Mr. Shworan brings the company a distinguished record in running successful Internet-based companies. He is the co-founder of Bravenet.com, the Internet’s largest developer tools and services site. The site has ranked in the top fifty most visited web sites in the world, and provides products to 8 million webmasters.
Keith J. Randall, C.A., is vice president/CFO/secretary of QuoteMedia, Inc. Before joining the company, Mr. Randall was an exchange examiner for the Vancouver Stock Exchange. He has experience as vice president and CFO since he held the same positions at C.M. Oliver, Inc. prior to his current duties.
QuoteMedia, Inc. (QMCI.OB) Introduces Quotestream Wireless Software to the iPhone
Today, QuoteMedia announced that it has launched a custom version of QuotestreamTM Wireless to be use on the iPhone™, Apple Inc.’s popular multimedia smartphone. The software features real-time market data, multiple streaming portfolios, detailed stock quotes, intraday and historical charts, corporate news and events, audio and vibration alerts, level II market depth, time and sales, market indices, tick trend indicators, online trading and more.
“The market for applications that function on the iPhone is enormous, and it’s growing quickly,†commented Dave Shworan, CEO of QuoteMedia, Ltd. “The iPhone is truly a breakthrough product, incorporating leading-edge multimedia, communication and Internet technologies within a mobile phone based on Apple’s revolutionary multi-touch interface. This custom version of Quotestream Wireless is specifically designed to take advantage of the unique features of the iPhone, to offer users the ability to keep on top of the financial markets from anywhere, with a combination of unmatched depth of information and ease of use.â€
“Quotestream Wireless is truly a differentiator for our company, as it allows our users to stay on top of what is happening in the markets, no matter where they are. This is particularly important among market professionals and serious non-professional investors, who require the ability to retrieve dynamic stock market information and the capability to execute a trade whether at the office or on the road,†added Shworan. “Brokers and investors need access to market information at all times, and in all places, but it’s impossible to spend all of your time in front of your desktop computer. With Quotestream Wireless, we let those individuals take the market with them, wherever they go, and the industry is responding very positively.â€
QuoteMedia, Inc. (QMCI.OB) - Content Modules to Fit Any Need
QuoteMedia, one of the world’s top providers of up-to-the-minute financial market data, continuously satisfies the needs of its customers using scalable content modules. The functions of these modules range from basic stock tickers, to market portals that bring the entire universe of finance to your fingertips.
On the simple side of things, you have quote and chart modules to rival any provider. QuoteMedia’s charts are intelligent, visually pleasing windows with dynamic quotes, and technical and historical charting capabilities that take the confusion out of price action. QuoteMedia charting modules can be fully aestheticized for seamless integration into a client’s website.
Another module that plays a huge role in the service’s effectiveness promptly delivers breaking news to the user’s screen. Settings can be adjusted to cover entire markets, or to target specific companies. Once in sync with your preferences, the news module keeps you informed of all press and filing content.
Aside from quotes, and general portfolio management services, QuoteMedia also facilitates access to data on mutual funds, FOREX, and world currencies. You can covert currencies, monitor user-specified watchlists, and more.
When it comes down to it, QuoteMedia is unequaled in the realm of intuitive, comprehensive market data solutions. The company never ceases to improve upon its services; all the more reason to trust QuoteMedia with providing the best information in an easily manipulated environment.
QuoteMedia, Inc. (QMCI.OB) Focused on Increasing Market Share
QuoteMedia, Inc. (QMCI.OB) is currently one of the leading providers of financial stock market feeds and data to financial institutions, online brokerages, public companies, and clearing houses. QuoteMedia also provides its customers with financial software solutions that provide end-users with the tools they need to translate market data into usable information that can be applied to their own financial growth.
QuoteMedia has a number of competitors who are providing financial data to the marketplace. Many of these competitors are using outdated technologies created upon legacy-style data networks which require heavier server and network loads along with more bandwidth, which result in higher server and data delivery expenses. QuoteMedia has built a proprietary and streamlined platform that allows the company to recognize positive margins, even when a contract is executed at a wholesale price point.
QuoteMedia is focused on significantly increasing its top line revenue growth by increasing its presence in mobile/PDA, data feed, and financial software application market. The company will use its partnership with Penson Worldwide and other existing clients to execute its plan to expand its market share with mobile carriers, large scale web portals, and other financial institutions.
According to a representative at ScotiaBank, “We’re excited to introduce this market-leading capability to our clients. Providing real-time financial information and portfolio management with integrated trade execution, demonstrates our commitment to helping our clients meet their goals. We conducted extensive research to find the most advanced and complete solution that could be fully integrated with our trading platform. QuoteMedia’s technology provides the best solutions to our clients’ needs.â€
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