QuoteMedia, Inc. (OTCBB: QMCI) has developed a line of financial data feeds and software applications that allow users to customize systems on desktops, laptops, cell phones and PDAs to receive real-time quotes, market news and updates, SEC filings, portfolio management and more. The applications are used by brokerage firms, individual investors, financial services companies, and business and media corporations to stay in, and on top of the market.
The company has posted 17 consecutive quarters of revenue growth, noting increasing demand for its mobile division, Quotestream Wireless, and continuous investment for the expansion of its wholly owned data network.
QuoteMedia is quickly gaining ground in the $7 billion financial data delivery market through strategic relationships with Microsoft, wireless carriers, manufacturers and distributors. Additionally, the company has reeled in high-profile clients including NASDAQ, Dow Jones, Forbes, JP Morgan & Chase, OTCBB and more.
As it pushes forward, QuoteMedia is focused on increasing its top line revenue growth through market share in the data feed and Mobile/PDA markets. To fulfill this mission, QuoteMedia is taking advantage of its partnership with Penson Worldwide as well as banks, brokers, mobile carriers and other clients.
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