QMCI Quotemedia Inc (QB)

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today an enterprise agreement with Gmarkets Inc., a financial information company specializing in the delivery of real-time global fixed income and capital markets data.

Effective immediately, Gmarkets will incorporate Quotestream Professional into its existing product line, which Gmarkets currently provides to both sell-side and buy-side market participants, with a substantial presence in most financial institutions in Canada and a growing footprint in the U.S.

"Gmarkets’ success has resulted from the provision of the highest quality fixed income, foreign exchange and capital markets data from global sources delivered via an open source platform, digital feed and desktop. To address demand for real-time exchange reported information, mutual funds, and other supplementary market information we have partnered with QuoteMedia,” says Robin Hanlon, President and CEO of Gmarkets. “Based on extensive research, QuoteMedia’s Quotestream Professional proved to be ideally suited to the needs of our clients, with its impressive depth of market coverage, ease of use, and functionality. We were also impressed with QuoteMedia’s leading-edge 'thin client' technology which, much like our flagship product Gmarkets PILOT, enables our clientele to access this market data and information for substantially reduced costs.”

"We're very pleased to be partnering with Gmarkets," says Dave Shworan, CEO of QuoteMedia Ltd. "Gmarkets has a well-deserved reputation for providing its customers with the information and technology they need for effective and successful trade and risk management decision making. This agreement is a major opportunity to increase market acceptance for Quotestream Professional. Additionally, having a company like Gmarkets choose Quotestream Professional is a very gratifying endorsement of the quality of our product."

About Gmarkets Inc.

Gmarkets is a financial information company specializing in the delivery of real-time, global fixed income and capital markets data. Our flagship product, GMARKETS PILOT, is a real-time desktop workstation for financial professionals delivered via the Internet. Our other services also include high-speed data feeds. Gmarkets’ real-time services cover bonds, money markets, foreign exchange, derivatives, exchange traded data and GMARKETS FINANCIAL NEWSWIRE. For more information, visit our website at www.gmkts.com.

For more information please contact:

robin@gmkts.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, 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.

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