QuoteMedia to Acquire Stockgroup Media’s Mobile Customers
QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today an agreement with Stockgroup Media Inc., to acquire and convert all users of its Stockstream Mobile platform to Quotestream Wireless, QuoteMedia’s leading edge wireless portfolio management software.
Quotestream Wireless is a comprehensive, feature-rich wireless market data application for mobile phones. It features streaming real-time market data, multiple streaming portfolios, detailed stock quotes, intraday and historical charts, corporate news and events, audio and vibration alerts, level 2 market depth, time and sales, market indices and more.
Pursuant to the agreement, Stockgroup will immediately commence transitioning its clients to QuoteMedia, and will completely discontinue its mobile operations in October, 2011.
"We are very pleased with this transition to QuoteMedia,” says Elliott Lipsey, President and CEO of Stockgroup. “We wanted to find a replacement service for our clients that could meet or exceed the functionality they currently enjoy, and we wanted to ensure that the transition would be as seamless as possible. We are confident with the technological capabilities of QuoteMedia’s Quotestream application, as well as their well-earned reputation for excellence in customer service and flexibility in meeting their clients’ needs. It was clear to us that QuoteMedia is best able to serve our mobile customers well into the future.”
"We're very excited about our new relationship with Stockgroup," says Dave Shworan, CEO of QuoteMedia Ltd. "To have a competitor acknowledge the quality of the products and services we provide to our customers is very gratifying. We are proud they have chosen us, and we look forward to serving their clientele."
About Stockgroup
Stockgroup is a leading provider of private labeled financial content and software solutions to media, corporate, and financial services companies. Since 1995, Stockgroup has been enabling companies to provide real-time financial data and news combined with innovative tools to customers, investors, and employees. For more information, please visit www.stockgroup.com.
For more information please contact:
Elliott Lipsey
1-778-588-7220
Elliott.Lipsey@stockgroup.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, 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, TMX Group, Dow Jones & Company, Sungard, Wells Fargo, U.S. Bank, Penson Worldwide, Broadridge Financial Systems, Ridge Clearing, Regal Securities, Scotia Capital, Southwest Securities, Zecco Trading, Zacks Investment Research, General Electric, Dow Chemical, Bombardier, Business Wire, Marketwire, FolioFN, Captivate Network, ChoiceTrade, Qtrade Financial, CNW Group, TradeFreedom, Gain Securities, Gmarkets, Questrade, Schaeffer's Investment Research, Answers.com, WebFinance, and others. For more information, please visit: www.quotemedia.com.
QuoteMedia
Dave Shworan
1-877-311-9911, ext. 101
contactus@quotemedia.com
