QuoteMedia to Provide Financial Market Data Applications to ChoiceTrade

PHOENIX--()--Feb. 14, 2005--QuoteMedia, Inc. (OTCBB: QMCI) announced today an agreement with ChoiceTrade to provide real-time streaming financial market data and integrated portfolio management systems for ChoiceTrade's investor clients, as well as financial data applications for the ChoiceTrade.com website.

One of the fastest growing discount brokerages in North America, ChoiceTrade will now be entitling its clients to use Quotestream(TM), QuoteMedia's streaming market data application that offers a broad range of live financial information, including Streaming Stock Quotes, Interactive-Dynamic Charts, NASDAQ Level 2 data, Company News, SEC Filings, Insider Reports, Time and Sales, Market Indices, Options, Corporate Research and more.

ChoiceTrade clients will also have access to Quotestream(TM) Wireless, a revolutionary wireless companion to the Quotestream desktop product, which will allow them to access financial data, news and charting in real-time, Over The Air (OTA), over a wide range of handheld devices.

"As an advanced-technology securities brokerage firm, we are committed to giving our customers the best possible tools to assist them in achieving success in their trading strategies," says Neville Golvala, CEO and founder of ChoiceTrade. "We conducted extensive research, and QuoteMedia's solutions have proven to be ideally suited to the needs of our clients, and to our focus on low cost, cutting-edge technology and best possible executions."

"ChoiceTrade is renowned for its commitment to customer service and technological excellence, having recently been named one of the best brokers for active traders by Barron's Magazine," says Dave Shworan, CEO of QuoteMedia, Ltd. "ChoiceTrade's decision to implement our solutions is a significant endorsement of the quality of our offerings."

About ChoiceTrade

ChoiceTrade offers low cost, cutting-edge, online and direct access trading of equity securities and options.

ChoiceTrade is a registered broker-dealer and member NASD and SIPC. For more information about ChoiceTrade, prospective clients should visit www.choicetrade.com or call (877) 731-9114.

Interested media should contact Ron Buckner at (732) 214-2660 or email rbuckner@choicetrade.com.

About QuoteMedia, Inc.

QuoteMedia, Inc. is a leading developer and distributor of streaming market data services to the financial industry. QuoteMedia provides data and services for companies such as Fiserv Securities, Inc., the OTCBB, Scotia Capital, Southwest Securities, FBRDirect, AIM Trimark, Zacks Investment Research, QTrade, Schaeffer's Investment Research, WallStreet*E, Research In Motion (RIM), KitcoCasey 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.

Quotestream is a registered trademark of QuoteMedia, Inc. and other trademarks are the property of their respective companies.

Contacts

QuoteMedia, Inc.
877-311-9911, ext. 101
ir@quotemedia.com
http://www.quotemedia.com

Contacts

QuoteMedia, Inc.
877-311-9911, ext. 101
ir@quotemedia.com
http://www.quotemedia.com