QuoteMedia, Inc. (QMCI.OB) Grows Sales & Market Share
QuoteMedia, Inc., (QMCI.OB), the $6 million financial data and software provider based in Arizona, has posted 19 consecutive quarters of revenue growth, steadily increasing its market share in the $7 billion financial data supplier market. QuoteMedia’s major competitive edge is its use of advanced technologies, offering news feeds and software solutions comparable or superior to more expensive big-name competitors such as Bloomberg or Reuters.
QuoteMedia provides real-time streaming financial news and research tools to brokerage, financial service, and media corporations around the world, including NASDAQ, Dow Jones, Forbes, JP Morgan & Chase, and IBM. Its superior content delivery capabilities are based on a proprietary suite of customizable technologies. The company supplies a full range of data feeds and software applications, along with stock research and management tools such as streaming real-time quotes, watch lists, charts, market indices, and other stats.
QuoteMedia’s principal offerings are:
- Content Solutions - allowing clients to integrate a wide range of dynamic financial information onto their websites
- Market Data Feeds – offering real time streaming data feeds from worldwide financial markets
- Software Applications – providing Quotestream™ products for data and organization
QuoteMedia’s Dynamic Content Solutions allow clients to easily integrate pre-formatted market data modules onto their own website. QuoteMedia’s DataFeed offers an efficient server-to-server distribution vehicle for the company’s extensive financial and market data. Quotestream™ Desktop is a comprehensive streaming application that delivers highly configurable market information. Quotestream™ Mobile, the revolutionary wireless companion product to Quotestream™ Desktop, gives remote users the most features of any wireless stock market data application.
Going forward, the company’s objective is to continually build revenue growth by increasing market share within the data feed and mobile/PDA markets. Key to this is QuoteMedia’s partnerships with banks, brokers, financial service providers, and mobile carriers.
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