QuoteMedia, Inc. Hires Christensen as Public and Investor Relations Agency of Record

Business Wire, August 27, 2007

PHOENIX -- QuoteMedia, Inc. (OTCBB:QMCI), a leading provider of market data, corporate research information and financial applications, today announced that it has retained Christensen to serve as its public and investor relations agency of record. The Company combines Investor Relations, Financial Public Relations and Capital Market intelligence to help global clients achieve and maintain fair valuation for their stock.

"QuoteMedia has now achieved the technological and business infrastructures that will enable our further expansion into several major markets globally," said Keith Guelpa, president of QuoteMedia, Inc. "As we gear up now for significant growth, it is critical that we ensure that our story is being heard. Christensen has a well-deserved reputation for efficient and effective communications with the investor relations community and we are pleased to be working with them as we enter this exciting time."

Christensen is a capital market advisory firm with offices in New York, Phoenix, Hong Kong and Montreal. With over 20 years of North American experience, Christensen owes its growing success worldwide to its unique ability to understand both the US and international capital markets, effectively bridge cultures and develop winning strategies for each individual client.

"QuoteMedia's commitment to innovation has led to its growth from a little-known provider of financial content to websites to a well-recognized new player in the multi-billion-dollar market data industry," said Jennifer Pelczarski, vice president of Christensen. "We are excited to be working with QuoteMedia as they enter what is expected to be their greatest growth phase to date."

About Christensen

Christensen is a capital markets advisory firm assisting global, national, large and small capitalized companies achieve fair valuation and strengthened brand recognition in the global financial markets. Christensen, in business for 25 years, provides its clients with a customized choice of investor relations and financial communication solutions, designed to fit clients' individual needs according to their industry sector, the maturity of their investor relations and external communications activities, and their capital market aspirations. Dedicated to building relationships through results, Christensen partners with its clients, helping them to create value in the global capital markets while providing management freedom to focus on their strengths and core activities. For more information, please visit www.christensenir.com.

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, NASDAQ Level 2, TSX/TSXV market depth, LSE Level 1 and Level 2, 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, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, please visit: www.quotemedia.com.

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.