John Frey Joins QuoteMedia, Formerly of Thomson Financial, ILX Systems and Southwest Securities

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today the appointment of Mr. John G. Frey as Director of Corporate Sales.

Mr. Frey brings to QuoteMedia over 20 years of experience in providing innovative solutions to the financial services industry, beginning as one of the original sales people in the early days of ILX Systems where he played a significant role in its growth. Later, Mr. Frey served as Regional Vice President for Thomson Financial where he was responsible for several of Thomson’s largest accounts. Mr. Frey has also held management positions with other industry leaders, including Southwest Securities, where he was National Sales Manager of RIA Clearing and most recently as Regional Vice President of Beacon Capital Markets, Inc. where he was directly responsible for the sale of an electronic fixed income trading platform.

Additionally, Mr. Frey has held senior positions focusing on virtually every aspect of servicing and providing solutions to clients within the financial services industry. Having held his FINRA Series 7, 24, 63 and also a Series 65 license his experience spans operations, marketing, sales management, electronic trading and compliance.

"John is very well-known in the market data industry, and we’re very pleased that he is joining QuoteMedia,” said Dave Shworan, C.E.O. of QuoteMedia, Ltd. "His wealth of experience and unparalleled knowledge in all aspects of our industry make him an ideal addition to our company. The entire QuoteMedia team is looking forward to working with John to expand our business and provide first-class solutions to our clients.”

"QuoteMedia’s emergence as a major player in the financial data industry over the past few years has really impressed me,” said Mr. Frey. "The remarkable client list that QuoteMedia has already achieved speaks volumes about the kind of acceptance the company is generating for its data solutions, and the potential for further growth is extraordinary. I’m very happy to be joining QuoteMedia. It’s definitely a company on the move, and I’m very excited to be a part of it.”

About QuoteMedia, Inc.

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, AIM Trimark, 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.