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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




QuoteMedia Reports Third Quarter Results

Stuart Smith (November 13th, 2009) Writes:

Nov. 13, 2009 (Business Wire) — QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and nine months ended September 30, 2009. These results reflect a 1% increase in third quarter revenue, to $1,910,884 from $1,888,279 in the comparative period in 2008. Revenue for the nine months ended September 30, 2009 increased 7%, to $5,658,444 from $5,300,350 in the comparative period in 2008.

“As forecasted, the global recession moderated QuoteMedia’s revenue growth during the first three quarters of 2009,” says Keith Guelpa, President of QuoteMedia, Inc. “The downturn, however, has presented opportunities as the added pressure on financial sector firms to find more efficient and cost effective solutions to their data and technology needs has opened many new doors for QuoteMedia’s offerings. While we have suffered the loss of some smaller clients who have shrunk or ceased operations as

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QuoteMedia, Inc. Ranked Amongst Fastest Growing Companies in North America on Deloitte’s 2009 Technology Fast 500TM

Stuart Smith (October 20th, 2009) Writes:
Attributes Focus on Product Excellence for 620 Percent Revenue Growth

Oct. 20, 2009 (Business Wire) — QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today that it ranked 219th on Technology Fast 500(TM), Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the five year period from 2004–2008. QuoteMedia grew 620 percent during this period.

Robert J. Thompson, Chairman of the Board, credits supremely talented employees and a dedication to product leadership which has resulted in a comprehensive suite of outstanding technical products that are offered at very competitive prices for the company’s amazing 5 year revenue growth rate. “We have attracted a technical and support team that is intensely focused on producing ‘best of breed’ product quality

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QuoteMedia Wins Contract to Provide Streaming Portfolio Management Solutions to JitneyTrade

Stuart Smith (September 28th, 2009) Writes:

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

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QuoteMedia Reports 7% Increase in Revenue for Q2 2009

Stuart Smith (August 14th, 2009) Writes:

Aug. 14, 2009 (Business Wire) — QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and six months ended June 30, 2009. These results reflect a 7% increase in second quarter revenue, to $1,836,736 from $1,724,396 in the comparative period in 2008. Revenue for the six months ended June 30, 2009 increased 10%, to $3,747,560 from $3,412,071 in the comparative period in 2008.

“As expected, the global recession has continued to affect QuoteMedia’s revenue growth, which remained relatively flat during the second quarter of 2009, and we anticipate that the weakened economy will result in moderated growth for the balance of the year,” says Keith Guelpa, President of QuoteMedia, Inc. “However, this economic downturn continues to be a source of opportunity as the added pressure on financial sector firms to find more efficient and cost effective solutions to their

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QuoteMedia Announces Enterprise Agreement with TradePMR

Stuart Smith (June 3rd, 2009) Writes:

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today an enterprise agreement with TradePMR, Inc. TradePMR is a major provider of brokerage and custody services, and related technology, to the financial services industry.

TradePMR will integrate a wide array of QuoteMedia’s offerings into its eCustody platform, which it currently provides to 420 independent RIA firms for use by their investment advisors.

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, TradePMR will provide its clients with QuotestreamTM Professional and Quotestream Wireless, QuoteMedia’s streaming real-time portfolio management system for brokers and financial advisors.

“In order to maintain and improve our competitive position, it is vital that we continue to provide our clients with unmatched market and research information, timely data, technological excellence and the highest level of

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QuoteMedia Reports 13% Increase in Revenue for Q1 2009

Stuart Smith (May 18th, 2009) Writes:

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three months ended March 31, 2009. These results reflect a 13% increase in first quarter revenues, to $1,910,824 from $1,687,675 in the comparative period in 2008.

“As expected, global economic challenges, including a severe downturn in the financial services sector, had an impact on QuoteMedia’s revenue growth during the first quarter of 2009, as a small portion of our clients who are struggling or ceasing operations have had to reduce or discontinue our services,” says Keith Guelpa, President of QuoteMedia, Inc. “These same economic challenges have also been a significant source of growth opportunities for QuoteMedia, however, as many companies are contacting us, seeking more efficient and cost effective solutions to their data and technology needs. In particular, Quotestream Professional, our streaming real-time market data terminal for brokers and financial professionals,

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QuoteMedia Reports 13% Increase in Revenue for Q1 2009

Stuart Smith (May 15th, 2009) Writes:

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three months ended March 31, 2009. These results reflect a 13% increase in first quarter revenues, to $1,910,824 from $1,687,675 in the comparative period in 2008.

“As expected, global economic challenges, including a severe downturn in the financial services sector, had an impact on QuoteMedia’s revenue growth during the first quarter of 2009, as a small portion of our clients who are struggling or ceasing operations have had to reduce or discontinue our services,” says Keith Guelpa, President of QuoteMedia, Inc. “These same economic challenges have also been a significant source of growth opportunities for QuoteMedia, however, as many companies are contacting us, seeking more efficient and cost effective solutions to their data and technology needs. In particular, Quotestream Professional, our streaming real-time market data terminal for brokers and financial professionals,

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QuoteMedia Reports 31% Increase in Revenue for 2008 Fiscal Year

Stuart Smith (May 1st, 2009) Writes:

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the fiscal year ended December 31, 2008. These results reflect a 31% increase in year-over-year revenue, from $5,569,107 in 2007 to $7,276,980 in 2008. At December 31, 2008 the Company’s cash balance was $536,624, an increase of $179,308 from December 31, 2007. Net cash provided by operating activities was $856,703 for the year ended December 31, 2008; this represents a $1,293,556 increase in net cash generated from operations, when compared to the $436,853 that was used in operating activities during the comparative period.

QuoteMedia has now reported significant revenue growth for every quarterly reporting period for 6 consecutive years.

“2008 was another strong growth year for QuoteMedia”, says Robert J. Thompson, Chairman of the Board of QuoteMedia, Inc. “Even though global economic challenges and a significant weakening of financial markets have had a

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QuoteMedia Reports 31% Increase in Revenue for 2008 Fiscal Year

Stuart Smith (April 1st, 2009) Writes:

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the fiscal year ended December 31, 2008. These results reflect a 31% increase in year-over-year revenue, from $5,569,107 in 2007 to $7,276,980 in 2008. At December 31, 2008 the Company’s cash balance was $536,624, an increase of $179,308 from December 31, 2007. Net cash provided by operating activities was $856,703 for the year ended December 31, 2008; this represents a $1,293,556 increase in net cash generated from operations, when compared to the $436,853 that was used in operating activities during the comparative period.

QuoteMedia has now reported significant revenue growth for every quarterly reporting period for 6 consecutive years.

“2008 was another strong growth year for QuoteMedia”, says Robert J. Thompson, Chairman of the Board of QuoteMedia, Inc. “Even though global economic challenges and a significant weakening of financial markets have had a

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QuoteMedia, Inc. (QMCI.OB) Praised By the Big Boys

QualityStocks (September 16th, 2008) Writes:

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’

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