QuoteMedia to open trading on Toronto Stock Exchange

QuoteMedia Wins Contract as Web Solution Provider for TMXmoney.com

TORONTO, Aug. 10 /CNW/ - Dave Shworan, CEO, QuoteMedia Ltd., and Eric Sinclair, President, TMX Datalinx and Group Head of Data Services, will open trading on Toronto Stock Exchange tomorrow in celebration of the selection of QuoteMedia as the web solution provider for TMXmoney.com.

TMXmoney.com features a host of high-quality North American financial content. With an average of approximately 40 million page views and 1.2 million unique visitors per month, it is one of the most popular financial websites in Canada.

As a web solution provider for the TMXmoney.com website, QuoteMedia is delivering, hosting and managing an array of custom solutions for the display of market data and research information including detailed stock and mutual fund quotes, interactive charting, comprehensive news and company information, commodities and futures, and other robust financial content.

"Our decision to select QuoteMedia was based on their ability to provide a broad range and depth of information in a fully hosted managed solution," said Mr. Sinclair. "QuoteMedia worked hard alongside our web and data quality experts to meet our objectives and the exchange-level standards we set for this project, which involved a high degree of custom development work."

"TMX Group is an important and high profile institution in the global marketplace, and to be asked to develop, host and manage a custom solution for TMXmoney.com is very gratifying for us," said Mr. Shworan. "The selection of QuoteMedia to be a service provider to TMX Group marks a milestone in our continuing evolution."

For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 2 and is produced at the TMX Broadcast Centre and sent live to the TOC. Those featured in the market opening move into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m.

    
    About TMX Group (TSX-X)
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TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Equicom and other TMX Group companies provide trading markets, clearing facilities, data products and other services to the global financial community. TMX Group is headquartered in Toronto with offices in Montreal, Calgary and Vancouver. For more information about TMX Group, visit our website at www.tmx.com.

    
    About QuoteMedia (OTCBB - QMCI)
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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, 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, Scotia Capital, Sungard, Wells Fargo, Penson Worldwide, Nexa Technologies, CNW Group, Broadridge Financial Systems, Ridge Clearing, Questrade, JitneyTrade, Sterne Agee and Leach, Regal Securities, Southwest Securities, Qtrade Financial, TradeFreedom, Forbes, Zecco Trading, Zacks Investment Research, General Electric, Dow Chemical, Business Wire, Kiplinger, FolioFN, Frontline Technologies, Captivate Network, ChoiceTrade, Gmarkets, Schaeffer's Investment Research, WebFinance and others. For more information, please visit: www.quotemedia.com.

For further information: Carolyn Quick, Director, Corporate Communications, TMX Group, 416-947-4597, [email protected]; Dave Shworan, 877-311-9911 ext. 101, [email protected]