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WirelessDevNet.com Press Release
QuoteMedia Launches Quotestream Wireless Application for 46 New Mobile Devices
PHOENIX -- Dec. 9, 2004 -- QuoteMedia, Inc. (OTCBB:QMCI), a leading developer of real-time, streaming financial applications, announced today the launch of Quotestream(TM) Wireless for an additional 46 new Smart Phones and Wireless Handhelds from palmOne (Nasdaq:PLMO), Nokia (NYSE:NOK), Motorola (NYSE:MOT), Siemens (NYSE:SI) and Sony Ericsson. Models include:
palmOne: Treo 600, Treo 650, TapWave
Motorola: A1000, A630, A780, A845, C975, E1000, E398, E550, E680, RazrV3, V550, V80, V975, V300, V400, V500, V600, A830
Nokia: 3220, 3230, 5140, 6020, 6230, 6260, 6600, 6620, 6630, 6670, 7260, 7610
Sony Ericsson: P900, P910, F500i, K500, K508, K700, S700, V800, Z1010, Z500
Siemens: CX65, M65, S65
Quotestream Wireless is a comprehensive, feature-rich wireless market data application that includes such features as streaming delayed or real time market data, multiple streaming portfolios, detailed stock quotes, intraday and historical charts (bar, candlestick, line, mountain), corporate news and events, price and volume alerts, NASDAQ Level II data, time and sales, market indices and news, market commentaries, company lookups, tick trend indicators, integrated online trading links and more.
"Industry analysts have identified the Financial Services sector as the number one growth opportunity within the wireless industry," said Dave Shworan, CEO of QuoteMedia. "With the quality of our Quotestream product and with the strong relationships we are forging with the world's leading handheld manufacturers, distributors and carriers, we are confident QuoteMedia will develop significant market share in this exciting new sector. The launch of our application for these 46 new devices increases our potential market dramatically."
With 1.5 billion wireless subscribers expected worldwide by the end of the year, industry analysts forecast the worldwide mobile phone market to surpass 595 million units shipped in 2004. Through 2008, the market will continue to expand until it reaches nearly an all-replacement sales scenario towards the end of the decade with over 800 million mobile phones shipping annually.
ABI Research predicts that SmartPhones and connected PDA's will represent nearly a quarter of all handsets shipped by 2009. As better devices and lower prices combine with other factors to fuel growth and meet demand, SmartPhones shipments are set to rise dramatically over the next five years, reports In-Stat/MDR. According to the high-tech market research firm, SmartPhones shipments will experience a 44% Compound Annual Growth Rate (CAGR) over the next five years.
Quotestream Wireless is compatible with most wireless service providers in the US and Canada, including AT&T Wireless, BELL, Nextel, Cingular, BellSouth, T-Mobile USA, Rogers Wireless Communications and Telus Mobility.
QuoteMedia is offering special introductory pricing for the Quotestream Wireless and Desktop companion at $9.95 per month. Quotestream Wireless can be seen at: www.quotestream.com.
About QuoteMedia, Inc.
QuoteMedia, Inc. is a leading developer and distributor of streaming market data services to the financial industry. QuoteMedia develops and licenses its software and data provisions to corporate and individual customers, including brokerage firms, financial institutions, mutual fund companies, online information and financial portals, media outlets, public companies, corporate Intranets, brokers, financial advisors, and individual investors. QuoteMedia provides data and services for companies such as Fiserv Securities, Inc., the OTCBB, Scotia Capital, Southwest Securities, Friedman Billings Ramsey, AIM Trimark, QTrade, Shareholder.com, Schaeffer's Investment Research, WallStreet*E, and others. For more information, please visit: www.quotemedia.com.
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