QuoteMedia Wins Contract to Provide Streaming Market Data Solutions to MD Physician Services Inc.

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PHOENIX, Jan. 30, 2014 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB:QMCI) announced today a three-year agreement to provide streaming real-time portfolio management, comprehensive financial market data and research information to MD Physician Services Inc. (MD).

Under the terms of the contract, QuoteMedia provides QuotestreamTM Professional to MD's Trade Centre representatives. Quotestream Professional is QuoteMedia's leading edge streaming real time portfolio management system for brokers, wealth managers and advisors. Quotestream Professional also features wireless access to the same portfolios and market data entitlements through a wide range of mobile devices. The desktop and wireless applications work in a co-companion relationship, where any changes made on one device immediately transfer to the other.

"We approached QuoteMedia looking for the highest-value solution to enable the MD Trade Centre client service representatives to support our physician clients in meeting their long-term financial goals," said Craig Cordiner, MD's Trade Centre Manager. "The transition to the Quotestream Professional application, along with QuoteMedia's customer service, has been seamless and very well-received by our staff."

"We are very pleased that MD has chosen QuoteMedia's data and technology solutions," said Dave Shworan, QuoteMedia CEO. "MD has a lengthy and well-respected history in the wealth management industry. Their decision to use Quotestream Professional is a gratifying validation of the quality of our products."

MD Physician Services Inc., with more than $35 billion in assets under administration, is a wholly-owned subsidiary of the Canadian Medical Association. MD is dedicated to serving Canadian physicians and their families. MD Physician Services provides financial products and services, the MD family of mutual funds, private investment counselling services and practice management services through the MD Group of companies. For a detailed list of these companies, visit mdm.cma.ca.

About QuoteMedia, Inc.

QuoteMedia is a leading software developer and cloud-based 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, filings, corporate financials, insider reports, market indices, portfolio management systems, mobile applications, data feeds, and more. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, TMX Group, Dow Jones & Company, SunGard, U.S. Bank, Broadridge Financial Systems, Ridge Clearing, MD Physician Services, JitneyTrade, Southwest Securities, HD Vest, Intrinsic Research Systems, Stockhouse, Zacks Investment Research, General Electric, Dow Chemical, Bombardier, Business Wire, PR Newswire, Marketwire, FolioFN, ChoiceTrade, Qtrade Financial, CNW Group, Schaeffer's Investment Research, Brean Capital, TradeKing, Suncor, American Financial Group, Virtual Brokers, First Financial Equity Corporation, InvestorGuide.com, Stock-Trak and others. For more information, please visit: www.quotemedia.com.

CONTACT: Media Contacts: Maria Grant, Communications Manager, MD Physician Services Maria.Grant@cma.ca Cell: 613-809-0657 Deborah Thompson DT Communications deborah@dt-communications.com Tel: 416-918-9551 QuoteMedia: Dave Shworan, (877) 311-9911 ext. 101 contactus@quotemedia.com

Source:QuoteMedia, Inc.