03.06.2009 12:00:00
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QuoteMedia Announces Enterprise Agreement with TradePMR
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 customer service. By incorporating QuoteMedia's market solutions into our new and existing offerings, we are able to go the extra step in creating an outstanding offering for our clients," says Robb W. Baldwin, President and CEO of TradePMR. "With QuoteMedia's superior technologies and breadth of market coverage, we are able to expand the depth of our financial data content to provide the timely, in-depth market information our clients require."
"We're very pleased to be partnering with TradePMR," says Dave Shworan, CEO of QuoteMedia Ltd. "TradePMR has a well deserved reputation for providing brokerage firms and financial advisers with the information, technology and support they need to manage clients' investments effectively and grow their business efficiently. Certainly this agreement represents a major growth opportunity for QuoteMedia, particularly with respect to increasing market acceptance for Quotestream Professional. To have a company like TradePMR choose to incorporate our solutions in such a wide-ranging manner represents a major endorsement of the quality of our offerings, and this is especially gratifying."
About TradePMR
TradePMR is a privately held brokerage firm (Member FINRA/SIPC) located in Gainesville, Florida. Since 1999, it has been a leading provider of Brokerage and Custody services to Independent Registered Investment Advisors (RIAs) and their clients by providing an integrated web-based workstation that enables RIAs to run their practices more efficiently and effectively.
About QuoteMedia, Inc.
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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