Sep. 28, 2009 (Business Wire) — QuoteMedia, Inc. (OTCBB: QMCI) announced today an agreement to provide streaming real-time portfolio management, and comprehensive financial market data and research information, to JitneyTrade, an online Canadian broker specializing in active traders.

Under the terms of the contract, JitneyTrade is integrating a wide array of QuoteMedia’s offerings into the services it provides to its brokerage customers. Contracted QuoteMedia services include raw quote and research data via QuoteMedia’s DataFeed solutions, and an extensive array of QuoteMedia’s content and research products. In addition, JitneyTrade will provide its clients with QuotestreamTM Desktop and Quotestream Wireless, QuoteMedia’s companion streaming real-time portfolio management system.

“As an advanced-technology online brokerage firm, it is vital that we provide our customers the best possible tools to assist them in achieving success in their trading strategies,” says Francesco Pasin, President and Chief Executive Officer of JitneyTrade. “We have been very impressed by QuoteMedia’s focus on unmatched customer service, technological excellence and depth of coverage. QuoteMedia’s leading edge solutions are enabling us to provide timely, in-depth market information our clients require.”

The partnership is a significant opportunity for QuoteMedia as well, according to QuoteMedia, Ltd. CEO Dave Shworan.

“JitneyTrade is emerging as a leading Canadian broker for active traders by providing the right combination of experience, knowledge, client service, technology and information,” said Shworan. “We are thrilled that JitneyTrade has chosen to incorporate our data and technology solutions, and view their decision to implement our solutions as a significant endorsement of the quality of our offerings.”

About JitneyTrade

JitneyTrade is a Canadian online broker specializing in the trading of equities, options and futures. The firm was founded in 2001 for professional traders who were trading on the floor of the Montreal Exchange. A participating organization of the Toronto Stock Exchange, the TSX Venture Exchange and the Montréal Exchange, JitneyTrade is also a member of Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. For further information please, visit our Web site www.JitneyTrade.com.

About QuoteMedia

QuoteMedia is a leading software developer and syndicator of financial market information and streaming financial data solutions to media, corporations, online brokerages and financial services companies. The Company licenses interactive stock research tools such as streaming real-time quotes, market research, news, charting, option chains, SEC filings, corporate financials, insider reports, market indices, portfolio management systems, and data feeds. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Sungard, Wells Fargo, Penson Worldwide, Motorola, General Electric, Forbes.com, Scotia Capital, Southwest Securities, Zecco Trading, Zacks Investment Research, Business Wire, Regal Securities, Broadridge Financial Systems, ChoiceTrade, Qtrade Financial Group, CNW Group, TradeFreedom, Questrade, Schaeffer’s Investment Research and others. For more information, please visit: www.quotemedia.com.

Statements about QuoteMedia’s future expectations, including future revenue, earnings, and transactions, as well as all other statements in the press release other than historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. QuoteMedia intends that such forward-looking statements be subject to the safe harbors created thereby. These statements involve risks and uncertainties that are identified from time to time in the company’s SEC reports and filings and are subject to change at any time. QuoteMedia’s actual results and other corporate developments could differ materially from that which has been anticipated in such statements.

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