Another similar quote service. This is the first time I have heard of this one. It is cheaper than Alphatrade.
QMCI (OTCBB) QuoteMedia Reaches 10,000 Web Site Registrations for Streaming Stock Quotes Product
FRIDAY , MAY 10, 2002 06:00 AM
SCOTTSDALE, Ariz., May 10, 2002 (BUSINESS WIRE) -- Quotemedia.com Inc. ("QuoteMedia") (OTC BB: QMCI) (FSE: QUM/WKN No. 766-665) is pleased to announce that over 10,000 Web sites have registered for the company's latest product -- QuoteStream(TM).
QuoteStream(TM) provides Web sites, banks and brokerage firms with the ability to include streaming stock quotes, portfolios, charts, news and more to their existing Web site product offerings.
The latest version of QuoteStream(TM) provides a seamless integration to existing online trading systems, providing a comprehensive real-time platform for active traders to monitor investments, make decisions and execute trades.
By incorporating QuoteStream(TM) on their Web site any brokerage firm can now offer their clients a cost-effective, workstation style monitoring/trading environment.
QuoteStream(TM) is the first embedded, Java Applet-based, streaming quote application to offer delayed and real time quotes, news, charts, fundamental and research data from international and U.S.-based exchanges. QuoteStream(TM) is a true "Thin Client" hosted application.
The product can be embedded on any Web page and requires no download or installation by the user. It consists of a lightweight, fast loading Java Applet (under 75 Kb), delivered via a standard Web page.
Developed for use by non-professional and professional users alike, QuoteStream(TM) enables brokerage firms, financial institutions, investment portals and Web sites to embed the product on their Web pages to offer cost-effective, dynamic streaming financial content to their retail users, which in turn, provides the Web site partner with a revenue share and higher traffic counts as a result of more frequent visits by the user.
The real time version of QuoteStream(TM) is priced at $9.95 per month plus applicable exchange fees. The company will soon announce the availability of dynamic NASDAQ Level II quotes for an additional $10 per month plus exchange fees. This price strategically positions QuoteMedia as a new low cost provider of streaming market data.
QuoteMedia products have shown tremendous acceptance in the market place as approximately 250 new Web site partners per day register for the company's Web-based products. Since launching their products, QuoteMedia has recorded over 128,000 Web tool registrations for their unique line of Java products.
The company, in conjunction with its marketing partner, Thomson Financial, continues to focus its business development strategies on the financial, brokerage and online trading markets as the online investing industry is continuing to grow at a significant rate with projections exceeding 25 million online investors by 2005.
About QuoteMedia
Quotemedia.com Inc. is a leading Internet Java software developer and Vertical Service Provider (VSP). The company develops and licenses unique Web-based Java software modules that deliver cost-effective, visually appealing, dynamic real time financial content to Web sites, brokerage firms, financial institutions, and Fortune 500 companies. (Visit http://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.
QuoteStream(TM) is a trademark of Quotemedia.com Inc.
CONTACT: Quotemedia.com Inc., Scottsdale R. Keith Guelpa, 480/905-7311 kguelpa@quotemedia.com
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