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QuoteMedia Launches Innovative Web Tools Advancing a New Era of "Web-to-Desktop Convergence"

Business Editors/High-Tech Writers

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jan. 24, 2001

QuoteMedia.com Inc. (OTCBB: QMCI) is pleased to announce the release of their premium line of Kool Tools(TM).

These unique applications are web-based, "Plug and Play" software modules that deliver cost effective, visually appealing, dynamic financial and news information to the web sites and corporate intranets of brokerage firms, financial institutions, and Fortune 500 companies.

[pilcrow (paragraph sign)] This new line of web modules and Active Desktop(c) items are designed to complement and enhance any web site or corporate intranet with dynamic, user customizable financial and news information delivered via the Internet to web pages or computer desktops.

The products provide a cost effective and simple alternative to the current complex and expensive data feed model employed by most web sites today. The tools are lightweight, reliable, easy to install and do not require the clients or users to deal with any data updates, software upgrades, maintenance or data feed issues.

They are completely customizable by the webmaster to allow a seamless integration into any web page in minutes.

QuoteMedia's web modules are also available as Microsoft Active Desktop(c) items (Microsoft Corp. Symbol: MSFT).

This unique technology leads a new era of "web-to-desktop convergence," whereby computer users will simply customize their computer desktop with a series of web modules that will seamlessly gather and display personalized information directly to their desktop without the need to launch their web browser.

This unique desktop integration technology enables companies an opportunity to gain "Brand" directly on the consumers' desktop. The QuoteMedia desktop items are user interactive and act as true desktop gateways to the web sites of the information publishers.

Currently, most Internet and intranet sites require users to manually browse for useful or personalized information and then constantly revisit the sites for updates, which consumes network bandwidth. These unique products automatically deliver personalized, up-to-date information to the desktop, laptop, and workstation without users launching their web browser.

QuoteMedia's innovative technologies and unique products are changing the way that people use the web and differentiating the company from its competitors. A listing of QuoteMedia's technology/product features and corporate highlights follows:

Unique Technology Features

-- Fast-loading client side Java(c) Applets and Java Script Inserts

-- Hosted web components and applications

-- Java Applets supported by JDK 1.1 (no need for the user to upgrade Virtual
Machine)

-- Client/server-based cookie architecture that allows user customization of
modules hosted on external servers

-- DHTML streaming quote applications

--- Lightweight Java Applet streaming quote applications

-- Product customization by means of proprietary software edit

wizards

-- Audible and visual desktop alerts (high price, low price,

volume, news release)

-- News headline topics customizable by user

-- Email alerts (high price, low price, volume, news release)

-- Non-active X-based, product integration to Microsoft's Active

Desktop(TM) environment

-- Java-based web site navigation tools and menu structures not

constrained to browser window

Unique Product Features

-- Client-side content software modules

-- News and financial software modules customizable by end user

-- Dynamic, auto-updated web content modules for finance and news

-- Dynamic (DHTML and Java Applet based) streaming quote

application

-- Information modules that can be installed on any web page in

minutes

-- Cost effective and simple alternative to the complex and

expensive data feed model employed by most web sites today

-- Seamless product integration

-- All North America Securities data (all exchanges and

OTCBB/Pink Sheets)

-- 800 news topics from 10,000 sources

-- Easy-to-use product software edit wizards

-- Audible and visual desktop alerts (high price, low price,

volume)

-- News headline topics customizable by user

-- No software upgrades or data feeds to deal with

-- Email alerts (high price, low price, volume, news release)

-- Private-branded modules which can be integrated into users'

desktop

Corporate Highlights

-- One of the largest developers of Microsoft(c) Active Desktop

components

-- Developer of a unique hosted streaming quote application

-- Java products ranked in the top 25 percent by Java Applet

Rating Service (JARS)

-- News product will deliver over 20,000 news headlines/day in

over 800 categories

-- QuoteMedia financial web portal named in top five North

American financial sites by MSN France

-- Received strong product validation at Online Brokerage

Convention in Nov. 2000

-- Web broadcast channel selector for Microsoft Media Player and

Real Video Player

-- Fully integrated satellite feed and database for all North

American securities

-- Dynamic Java Applications that work behind most firewalls due

to unique server communications

-- Unique non-active X-based product integration to Microsoft's

Active Desktop(c) environment

About QuoteMedia

Quotemedia.com Inc. (OTCBB: QMCI) is a leading Internet software developer and Application Service Provider (ASP). The company develops and licenses unique "Plug and Play" web-based software modules that deliver cost effective, visually appealing, dynamic financial and news content to brokerage firms, financial institutions, and Fortune 500 companies.

For more information on QuoteMedia, visit www.quotemedia.com

Active Desktop(c)is a trademark of Microsoft Corp. (Nasdaq:MSFT)

Java(c) is a trademark of Sun Microsystems Inc. (Nasdaq: SUNW)

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.

COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group