PHOENIX, AZ, Sept. 9, 2004 -- QuoteMedia, Inc. (OTCBB: QMCI), a leading developer of real-time, streaming financial applications, announced today the launch of Quotestream Wireless(SM), a comprehensive financial application that will provide streaming market data for the BlackBerry(R) wireless handhelds by Research In Motion (RIM) (NASDAQ:RIMM; TSX: RIM).

Quotestream Wireless, a comprehensive, feature-rich wireless market data application, 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.

The Quotestream Wireless application is a powerful mobile companion to QuoteMedia's streaming web-based desktop solution. It is a unique J2ME, Java-based financial application for wireless mobile devices including the Blackberry 7200, 7500 and 7700 series of handhelds.

Designed both for consumer markets and for enterprise corporate solutions, the application can be completely private-branded for banks, clearing firms and brokerage firms wishing to offer wireless streaming market data and wireless trade execution to their employees and clients. Quotestream Wireless is unique in that there is no requirement to install expensive hardware or software, so any corporate provider can offer the product to clients literally in minutes.

"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(TM) product and with the strong relationships we have forged with handheld manufacturers, distributors and carriers, we are confident QuoteMedia will develop significant market share in this exciting new sector. We are proud to be leading the way in the provision of streaming wireless market data and trade execution over wireless handheld devices."

Additional unique features of Quotestream Wireless include instant over-the-air "OTA" installation and auto-updates, audio and vibration alerts, simple to use menu-driven navigation, host-controlled entitlements, compatibility with existing wireless service providers, full integration to existing brokerage back-office and/or clearing systems, compact application size, low-bandwidth operation, seamless user registration, and no expensive hardware is required.

The consumer version of Quotestream Wireless contains integrated links to the wireless trading interfaces of a number of top-ranked brokerage firms, including Ameritrade, Charles Schwab, E*Trade, HarrisDirect, ScotiaBank, Siebert Financial and TD Waterhouse. QuoteMedia will continue to add integration to other brokerage firms as they enter the burgeoning wireless realm.

Consumers can register for a delayed data 30-day free trial of Quotestream Wireless on the newer series of BlackBerry at www.quotestream.com. QuoteMedia is offering special introductory real-time pricing for the Quotestream Wireless and Desktop companion at $24.95 per month plus exchange fees.

Quotestream Wireless is compatible with most wireless service providers in the US and Canada, including AT&T Wireless (NYSE: AWE), BELL (NYSE: BCE; TSX: T.BCE), Nextel (NASDAQ: NXTL), Cingular, BellSouth, T-Mobile USA, Rogers Wireless Communications and Telus Mobility.

QuoteMedia is a member of RIM's BlackBerry ISV Alliance Partner Program. The BlackBerry ISV Alliance Partner Program gives QuoteMedia access to a wide range of RIM resources, including development tools, partner technical support and marketing programs.

About Research In Motion

Research In Motion (NASDAQ:RIMM; TSX: RIM) is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM technology also enables a broad array of third party developers and manufacturers to enhance their products and services with wireless connectivity to data. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry(R) wireless platform, the RIM Wireless Handheld(TM) product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the NASDAQ Stock Market and the Toronto Stock Exchange. For more information, visit www.rim.com or www.blackberry.com.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. Other trademarks are the property of their respective companies.

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, JB Oxford, Friedman Billings Ramsey, AIM Trimark, QTrade, Shareholder.com, Schaeffer's Investment Research, WallStreet*E, Research In Motion (RIM) 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.

The New Quotestream Wireless can be seen at: www.quotestream.com.

QuoteMedia, Inc.
Investor Relations, 877-311-9911, ext. 101
contact@quotemedia.com
http://www.quotemedia.com