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Headquarters
QuoteMedia, Inc.
17100 Shea Blvd.- Suite 230
Fountain Hills, Arizona 85268
Toll Free
1.877.311.9911
www.quotemedia.com
info@quotemedia.com
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Quotemedia, Inc. (OTCBB: QMCI)


QuoteMedia is a leading software developer and syndicator of financial market applications and content for streaming financial data to banks, clearing firms, corporations, financial services companies, media and brokerages worldwide.

The Company’s market information depth includes critical data from over 65 stock exchanges worldwide including all major North American exchanges and over-the-counter markets.

QuoteMedia licenses data feeds and highly interactive research tools such as streaming real-time quotes, market research, news, charting, option chains, level 2/market depth, regulatory filings, corporate financials, insider reports, market indices, statistics, commentary and portfolio management systems.

Through the aggregation of information from many direct data, news and research sources, the Company offers a comprehensive range of solutions for all market related information requirements.

Industry Leading Integrated Market Data Solutions

QuoteMedia continues to increase its brand visibility by signing prominent, high profile clients, including: Microsoft, Dow Jones & Co., Business Wire, IBM, NASDAQ, JP Morgan & Chase, General Electric, Motorola and Research In Motion.

QuoteMedia reported 3rd quarter results ended September 30, 2007 reflecting a 56% increase over 3rd Q. ‘06 revenues to $1,501,097.

This represents QuoteMedia’s 18th consecutive quarter of revenue growth and shows an ever broadening market acceptance of their state-of-art financial data products.

Revenue for the nine months ended September 30, 2007 increased 51% to $3,993,202.

QuoteMedia's deferred revenue balance was up 39% to $438,763. (deferred revenue represents payments received in advance from customers that will be recognized as revenue in future quarters when the services are performed)

QuoteMedia has three general product lines: Data Feed Services, Interactive Content & Data Applications and Portfolio Management Systems.

Leading-Edge Products
QuoteStream™ Professional

Quotestream™ PRO –- created with the latest technology and designed for all financial services professionals. Offically released to the market in Novemeber 2007, QuoteMedia’s Quotestream™ Pro provides broad market coverage, reliability and flexibility for the most advanced market data and technical analysis solution available on the market today.

The market for professional grade portfolio management solutions is enormous and there is incredible demand for a high quality, cost effective alternative to the traditional terminal style products offered by their competitors.

One such competitor is Bloomberg LP, the financial news and data supplier founded in the early 1980’s. As noted in a recent issue of Fortune Magazine, Bloomberg has approximately 250,000 terminals installed worldwide that generate $1,500 in monthly revenue each or $375 million in total revenues every 30 days.

Quotestream™ Professional dramatically reduces the cost of ownership for world class access to market data anywhere.

In fact, QuoteMedia’s clients enjoy significantly reduced licensing fees for the industry’s latest technology and the Company’s newest applications. However, because it is a web-based service, clients also experience huge savings on infrastructure costs, as there are no expenses related to maintaining client-side servers, licensing dedicated telecommunications lines, and leasing equipment to transmit and render the information.

After achieving market success with QuoteMedia’s Quotestream™ and Quotestream™ II for non-professionals and Quotestream™ Wireless, the Company anticipates that Quotestream™ Professional will have a very successful impact in the multi-billion dollar market for financial services professionals everywhere.

QuoteStream™ II

Quotestream™ II is the latest in streaming real-time portfolio management for non-professionals and the clients of any financial firm. It is the next generation of the award-winning Quotestream application from QuoteMedia, featuring rich new content, tick by tick lightning fast market data, and extensive customization in a trade-station style interface.

This robust java application is the perfect solution for banks, brokerage firms, and online portals that want to provide their customers with streaming real-time market data and full-featured portfolio management. The monthly per user fee is very attractive for enterprise customers wanting to offer the best for their clients.

QuoteStream™ Wireless

On December 8, 2004 , QuoteMedia officially launched Quotestream™ Wireless for the then new BlackBerry ® 7100 Series™ of wireless handhelds from Research In Motion. One day later, QuoteMedia announced the launch of Quotestream™ Wireless for an additional 46 new smart phones and wireless handhelds from palmOne, Nokia, Motorola, Siemens and Sony Ericsson.

Quotestream™ Wireless is an industry leading application that delivers comprehensive portfolio management and a broad range of financial information and services. Quotestream Wireless is completely integrated with all Quotestream Desktop applications in a co-companion environment.

Features include a broad range of financial information such as NASDAQ level 2, market indices, charts, detailed quotes, portfolio news and much more, including critical services like stock alerts and direct access online trading.

Quotestream™ Wireless offers complete access to streaming market data via the vast majority of every major manufacturer of hand-held mobile devices.

In September 2005, ZIM Corporation, an international mobile services company specializing in SMS (short message service) applications and QuoteMedia, announced the launch of the first mobile phone text messaging service to deliver financial market data across all major mobile operators in the U.S. and Canada.

QuoteStream™ Desktop

Quotestream™ is the Company’s original low-cost web-based, streaming portfolio management system for Non-Professionals. It provides real-time market information, online investment tracking, company news, filings, and research. Users can view intraday or historical charts and monitor Level II market data in real time. The next generation of the application is Quotestream II (as featured above).

QuoteMedia generates recurring revenue from each product line by licensing services to financial institutions and websites. Contracts to license Quotestream to their corporate clients typically have a term of 2 to 3 years and are automatically renewed unless notice is given within 90 days.

They also generate Quotestream revenue through individual end-user licenses on a monthly or annual subscription fee basis. Interactive Content and Data Applications and Market Data Feeds are licensed for monthly, quarterly, annual or a biannual subscription fee. Contracts to license our Financial Data Products and Data Feeds typically have a term of 1 to 2 years and are automatically renewed.

Data Feed Services (Data Centers)

QuoteMedia’s Data Feed Services consist of raw streaming real-time market data delivered over the Internet or via dedicated telecommunication lines and XML market data feeds ready to implement with standardized Document Type Definitions (DTDs).

For speed, quality and reliability, QuoteMedia DataFeed Services are best-of-breed in terms of lowest latency, accuracy, and superior service. The Company's ticker plants are fully redundant, with isolated access points from the following cities:

  • New York City, New York
  • Allen, Texas
  • Vancouver, Canada

QuoteMedia’s Data Centers collect, normalize and distribute data through these strategicly located ticker plants. These ticker plants maintain complete redundancy via cross-connect and multiple direct connections to the exchanges.

DataFeed Technology

QuoteMedia's DataFeed solutions offer unparalleled speed, quality, reliability, flexibility, coverage, and service.

The Company's DataFeed technology is built on a scalable system that aggregates, manages, and streams information from the stock exchanges and from other information and content feeds, to power all of their applications with the highest quality, lowest latency data and most comprehensive tick-by-tick enterprise level streaming market data solutions in the industry.

QuoteMedia’s technology has been benchmarked as one of the fastest data streams in the industry, with all sources of latency removed and data processing fully optimized to ensure single digit millisecond performance. The same technology that powers QuoteMedia's applications and products is available in their streaming data feeds covering all major North American Exchanges and ECNs, including:

  • equities
  • options
  • futures
  • commodities
  • currencies
  • mutual funds
  • indices

With QuoteMedia's DataFeed, clients have access to the fatest, most reliable and accurate financial market data for use in their own proprietary applications or with third party software.

Versatile Content Modules

QuoteMedia offers a wide range of content solutions, from scrolling stock tickers to full-scale market research portals. All of QuoteMedia's extremely user-friendly products are completely customizable, easily embed directly into web pages for seamless integration with existing content, and comprise only a single line of code for quick installation and fast loading efficiency.

Complete Content Solutions
  • Quotes and Charts
  • Investor Relations
  • Portfolio Management
  • Market & Stock Research
  • News and Headlines
  • Mutual Funds
  • FOREX and Currencies
  • XML Data Services

Industry Frontrunner

The Company's diversity of technical expertise, its agile responsiveness to custom corporate requirements, and its proven commitment to superior delivery technologies have established QuoteMedia as a frontrunner in the financial market data industry.

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.

To facilitate effective information delivery, QuoteMedia has created an advanced, scalable model that aggregates, manages, and streams information to multiple entities, from the major exchanges in the US, Canada, and Europe, and from many other market content suppliers. This allows corporate clients as well as their customers to license comprehensive financial market information and software applications for significantly reduced costs compared to the expensive and outdated infrastructures from other providers.

Technology Summation

QuoteMedia's stock market data feeds, news feed services, content solutions and financial software applications comprise a unique and proprietary suite of custom technologies encompassing server-side distributed applications, databases and processing. The Company also provides customizable, embedded Java Applets, JavaScript Inserts, XML data sets and Data Feed Services. These technologies combine power and depth of information with the efficiency and speed to deliver customized high quality content to clients around the world.

Management Team

Robert J. Thompson, C.A., C.M.C., Chairman of the Board
Mr. Thompson has a distinguished business and consulting career that spans over 40 years. Currently, Mr. Thompson is the President of Corpus Investments Inc., a private holding company that manages investments in a wide range of enterprises. For almost 30 years, Mr. Thompson practiced as a Chartered Accountant and Certified Management Consultant. He was a Senior Partner of Peat Marwick & Partners, Woods Gordon/Clarkson Gordon (Arthur Young & Co.) and Ernst & Whinney. Mr. Thompson is a Director of publicly traded OneSource Technologies, Inc. and was a former Chairman of the Board of C.M. Oliver Inc., a Canadian regulated, public investment dealer/broker. Mr. Thompson is also a Director of several privately owned corporations and is a member of the Advisory Board of the Canada Arizona Business Council.

R. Keith Guelpa, Director/Co-Founder and President/CEO of QuoteMedia, Inc.
Mr. Guelpa's prominent career has spanned over thirty years, during which he has served as President of high-tech firms involved in telecommunications, digital imaging and Internet communications. Mr. Guelpa also has served as President/COO of a public firm offering brokerage, financial planning, and investment banking services and CEO of Mailbank.com, an Internet based company owning the largest registration of top-level domain names in the world. Mr. Guelpa's considerable management, marketing, investment banking, and board experience provides QuoteMedia with well-seasoned public company expertise.

Dave Shworan, Director and President/CEO of QuoteMedia, Ltd.
Mr. Shworan is a veteran of online marketing and developing Internet businesses. He is the co-founder of Bravenet.com, the Web's largest developer tools and services site, ranked in the top 50 most visited websites worldwide. Mr. Shworan is the founder of several highly profitable Internet companies, and has been a corporate consultant for several years.

Keith J. Randall, C.A., Vice President/CFO/Secretary of QuoteMedia, Inc.
Mr. Randall articled at KMPG where he obtained his designation as Chartered Accountant. He worked for the Vancouver Stock Exchange as an Exchange Examiner before joining C.M. Oliver Inc., a public firm offering brokerage, financial planning, and investment banking services as Vice President and Chief Financial Officer. Mr. Randall's considerable experience in public practice accounting and the financial services sector provides QuoteMedia with outstanding financial management expertise.


DISCLAIMER:
Heritage First Capital & Equity Research Group (HFC), based upon information supplied by the company or other sources believed to be reliable, herein prepared all material. The information contained herein is not guaranteed by HFC to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. HFC is not a licensed broker, broker dealer, market marker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.triplecrownstocks.com. HFC has been compensated with approximately $30,000 worth of the company’s products and services for coverage on TripleCrownStocks.com, MicrocapMoney.com, the Smallcap Brief newsletter and Heritage First Member Emails. HFC's affiliates, managers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. HFC will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.