QuoteMedia, Inc. (QMCI)

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QuoteMedia (QMCI.OB) to be Featured Presenter at ValueRich Financial Expo

QuoteMedia, Inc. (QMCI.OB) announced that it will be both a featured company and presenting company at the ValueRich Small-cap Financial Expo in New York City on October 18, 2007. During this event, financial information will be presented through such prominent companies as BioSante Pharmaceuticals, Inc. (AMEX: BPA), PreMD (AMEX:PME), US Dry Cleaning Corporation (OTCBB:UDRY), ECOtality, Inc. (OTCBB:ETLY), and over 20 others.

This event will be held at the W New York, 541 Lexington Avenue, the second ValueRich Expo at the W New York this year. The previous event, held June 21, 2007, was very popular and resulted in many positive comments from both presenters and attendees alike, emphasizing the need for a second event this year.

Because the ValueRich Small-cap Financial Expo offers a unique format that allows one-on-one networking between the presenting companies and Wall Street leaders, this event will be invaluable for Quote Media. If unable to attend, all financial presentations will be Webcasted by Onstream Media (NASDAQCM: ONSM) for 180 days after the event.

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QuoteMedia (QMCI.PK) Now Offers International Stock Coverage

QuoteMedia (QMCI.PK) recently announced an advantageous solution to many international traders and investors alike, as they now offer full coverage for 40 international stock exchanges. Individuals are able to gain access to the Complete London Stock Exchange and World Indices in both real time and delayed quotes quickly and easily.

An example of the new stock exchanges included with this new program are: Euronext Exchanges: Paris, Amsterdam, Brussels, Lisbon, Borsa Italiana, London Stock Exchange (Real Time, Delayed, or EOD) , Deutsche Borse , Swiss Exchange , RTS - Russian Trading System Stock Exchange .MICEX - Moscow Interbank Currency Exchange, Philippines Stock Exchanges, Shanghai Stock Exchange ,Taiwan Stock Exchange ,New Zealand Stock Exchange , and the Osaka Stock Exchange.

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CEO of QuoteMedia, Inc. (QMCI.OB) Featured in Exclusive Audio Interview

QuoteMedia announced this morning that it’s CEO, Keith Guelpa, was featured in a recent interview with SmallCapVoice.com. The small-cap website is a recognized corporate consulting firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors.

Topics discussed include: the company’s business model, the CEO’s personal story of co-founding the company, 2007 accomplishments, current goals of the company, and the company’s efforts to increase awareness.

The complete interview with Keith Guelpa can be heard at http://www.smallcapvoice.com/qmci/qmci-10-4-07.php

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QuoteMedia, Inc. (QMCI.OB) CEO Featured in Exclusive MN1 Interview

The CEO of QuoteMedia, Dave Shworan, was recently featured in an interview with MN1. Over the past 5 years the company has heavily reconstructed the company and now offers an array of applications targeting both the consumer and professional markets.

QuoteMedia is dramatically different from those offering similar services and is much more comparable to large multi-million dollar companies such as Reuters. Recently, the company announced the addition of 43 global exchanges. When the CEO was asked if he felt there was a demand for the services, he confidently responded, “absolutely”.

The company is anticipating the launch of its updated Quotestream application. The new product has an up-to-date interface and adds many new features such as: advanced charting features, stock screening based on customizable criteria, and a way to quickly see what the market movers are for the day.

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New Motorola (MOT) Q Smart Phone Utilizes Quotestream, Inc. (QMCI.OB) Software

Following the release of the newly revised Motorola Q cellular device, Motorola announced that this new cell phone will utilize Quotesteam’s products. This package will allow users to take the stock market with them on the go. The complete package will include wireless stock portfolio management and market data with upgrades to real-time packages, charting, news and company research information.

Christy Wyatt, Vice President of Software Platforms & Ecosystems of Motorola, stated, “The personalized experience of the MOTO Q global smart device appeals to a wide audience of users. Motorola has already approved a wide array of third-party applications and software components at launch, as well as the distinctive My Q Paks bundles, which exemplifies our commitment to providing the best user experiences for work and play.”

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QuoteMedia, Inc. (QMCI.OB) Takes Front Page of “Smallcap Brief” Newsletter

QuoteMedia was featured on Smallcap Brief’s first page under the title “Poised to Surge!” The company’s ticker plants located in New York, Texas and Vancouver provide state-of-the-art, ultra-low latency data delivery relating the financial markets.

After spending two years developing its products and strengthening its infrastructure, QuoteMedia is now primarily focused on penetrating the markets and significantly increasing revenue. The company has already shown investors that it is on track by announcing a quarterly revenue growth of 56% for Q3 2007.

In conclusion of the article, the author stated, “These direct data feed centers provide a huge leap forward for greater market share potential. There are many reasons to encourage your own diligence!”

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Motorola, Inc. (MOT) to Include QuoteMedia, Inc.’s (QMCI.OB) Software in New “My Q Paks”

QuoteMedia announced this morning that the lite version of its Quotestream Wireless application is included in Motorola’s new “My Q Paks”. The new offering by Motorola is a suite of third party applications bundled to meet their customer’s lifestyle needs.

Currently there are three distict packages which contain 4-5 applications designed to meet the needs of the Road Warrior, Fund Seeker, and Household CEO. Quotestream Wireless Lite will be included in the Road Warrior Bundle.

QuoteMedia Ltd. CEO, Dave Shworan, stated, “Motorola’s My Q Paks are designed to provide end-users with access to the information and software that is of particular importance to them. With the Road Warrior Bundle, the focus is on keeping busy professionals, particularly those who are frequently on the road, connected to vital financial and business information. Quotestream Wireless is an ideal fit for business professionals on the go, who need access to timely market data and information from anywhere, anytime.”

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QuoteMedia, Inc. (QMCI.OB) Reports 56% Increase in Revenue for Third Quarter of 2007

QuoteMedia, Inc., a leading provider of market data and financial applications, announced financial results for the three and nine months ended September 30, 2007. The results reflect a 56% increase in third quarter revenues and an increase of 51% for the nine months. At the end of September 30, 2007, QuoteMedia’s deferred revenue balance was up 39% which refers to revenue represented in customer’s advance payments that will be recognized as revenue in future quarters when the services are performed.

QuoteMedia provides comprehensive financial stock market data and research solutions for online brokerages, clearing firms, banks, public corporations, media portals and financial service companies. The company licenses interactive stock research tools such as streaming real-time quotes, market research, news, charting, option chains, and other industry analysis and reports. QuoteMedia provides data and other services for the NASDAQ, Forbes.com, Dow Jones & Company, General Electric and many others.

Keith Guelpa, president of QuoteMedia, Inc. stated, “This is the 18th consecutive quarter of revenue growth, reflecting the broadening market acceptance of our full line of financial data products and the increasing depth of our data offerings, which now cover over 65 stock exchanges worldwide.”

Mr. Guelpa also said the company’s customer base grew substantially during the last three quarters which means that its firm foundation has continued the upward trend. QuoteMedia built on the momentum of the first half with a focus on further commercialization of their products like QuoteStream II and QuoteStream Professional, portfolio management systems for the intermediate and professional trader. There is an expected general release of the programs in the fourth quarter of 2007.

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Respected Market Data Industry Veteran Joins QuoteMedia, Inc. (QMCI.OB)

QuoteMedia announced this morning that Mr. George Katsch will join their efforts as the Corporate Sales Director and will lead the Company’s new office in New York City. The seasoned professional brings more than 15 years of experience in selling and supporting financial information and technology solutions to the Brokerage, Financial Service, Media Publishing and Investor Relations industries.

Most recently, Mr. Katsch served FinancialContent, Inc. as the Vice President of Sales where he was responsible for business development and sales for the entire North American market. He has also held other key management positions where he managed senior account representatives and support staff.

Dave Shworan, CEO of QuoteMedia, stated, “George is very well-known as a successful, skilled professional in our industry, and we’re excited that he is joining the QuoteMedia sales team, heading up our New York office. He brings a wealth of experience to our company, and skill sets that make him an immediately great fit with QuoteMedia, as we continue our explosive growth.”

“From within the industry, I’ve watched QuoteMedia’s remarkable growth over the past few years. I have been very impressed with QuoteMedia’s emergence as a major player in the financial data industry, and the potential for further growth is extraordinary,” said Mr. Katsch. “QuoteMedia is definitely going places, and I’m excited to be a part of it.”

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QuoteMedia, Inc. (QMCI.OB) - Streaming Digits in a Digital Age

It wasn’t that awful long ago that the whole idea of Wall Street, and trading stocks, was simply not standard fare for the average person. Just a mere 15 years ago, it was relatively uncommon for the average person on the street to have a working knowledge of the markets, and even less of an idea of how to buy or sell a security.

But times change and nowhere was that change more pronounced than when the Internet made its way into the homes and home offices of the American public. In a very short period of time, the rules had changed and life as we knew it would never be the same. The Internet empowered people with knowledge, and abilities that simply didn’t exist, and people loved it. No longer would waiting on the evening newspaper suffice, people wanted their news as it happened and the net allowed them to get it.

Nowhere was the change more evident than in the participation of the personal investor. Previously people had to use the telephone, and newspapers to keep up with any investing they may have done, and all transactions were accomplished by a broker. The Internet ushered in a new wave, a wave that allowed the everyday guy in the street the ability to buy and sell stocks and options right from his own desk. It was a new era in personal finance.

But new and exciting doesn’t always mean “best possible way” and as the net evolved so did the way people got their financial information. It didn’t take long at all before people were clamoring for something more advanced than the Yahoo finance page, and several companies attempted to bring live quotes to the masses. The early attempts were generally poor at best, but in “dot com” time, things change rapidly, and in 1999 a whole new way to do online investing made its way on the scene. That new way was the QuoteMedia Company, and their new product QuoteStream.

Quotestream is an unparalleled web-based streaming online portfolio management system that delivers instant “Real-Time” market data to both the consumer and corporate markets. The company’s streaming market data application offers a broad range of live, up-to-the-moment financial information. From Streaming Stock Quotes, Interactive-Dynamic Charts, NASDAQ Level 2 Data, Company News, SEC Filings, Insider Reports, Time and Sales, Market Indices, Options, Corporate Research to literally every piece of critical financial stock data available. And they do it all with a small (under 150Kb) web-based application.

This breakthrough product took online investing from its infancy straight into adulthood overnight. Instantly, personal investors could subscribe to the quotestream services, and have a plethora of “Real -Time” market data streamed to their desktop PCs. QouteMedia’s products were so well constructed however, that it wasn’t simply the “at home” investor that was using this product, brokerages and financial firms of all manner scrambled to obtain licenses.

QuoteMedia was soon providing comprehensive financial stock market data and research solutions for online brokerages, clearing firms, banks, public corporations, media portals and financial service companies. In less than two years, QuoteStream was an industry standard, being used by such firms as Research In Motion ( BlackBerry ®), Forbes, NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer’s Investment Research, Automated Financial Systems, WallStreet*E, and others.

But QuoteMedia wasn’t about to rest on its good fortunes. As demand grew and technology expanded, they launched their wireless versions, and soon they had connectivity and download capability with Research in Motion, palmOne, Nokia, Motorola, Siemens and Sony Ericsson. In fact, as of October of 2007, QuoteStream wireless is now downloaded to over 100 different types of PDA’s, making it the single biggest source of wireless quotations available.

A question that might arise from any prospective investor is simply “is the company growing?” and to that we respond with a robust and hearty yes. According to the CEO Keith Geulpa, QuoteMedia has increased its revenues by over 50% year over year and every year, since 2004. In fact, they just reported a 56% increase in revenues for the 3rd quarter of 2007 as compared to 2006.

So, what about the future? As is the case with most things investor related we aren’t happy with what you did, it’s what you’re going to do and here the light shines brightly too. The company is very excited about its new professional version of QuoteStream that they are in the process of launching, and they see the company meeting or exceeding their previous growth statements.

Another view may be had by not focusing on the company alone, but on the industry of investing. Personal investing has exploded, and every day people are demanding more and more. From CNBC’s showcasing of Jim Cramer’s show each evening, to the real possibility of global market participation, to 24 hour trading, to ever more financial products, the fact is that the financial industry is one of the largest growing industries on the planet. QuoteMedia, with their QuoteStream products, will be front and center during this incredible growth.

For years they’ve been happy working behind the scenes, building the best financial products available. Now they see the fruits of their labors, manifesting in tremendous revenue growth. Investors with their finger on the pulse of the financial industry know that the “business” of Wall Street is now also on Main Street, and QuoteMedia is there to provide services to both. With 50% per year revenue growth, how long can they remain behind the scenes? Our guess is “no longer”. The Industry is soaring, the company is growing and the numbers are compelling. One would be wise to “get a quote” on QMCI, and a Quotestream to platform to keep track of it.

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QuoteMedia, Inc. (QMCI.OB) Offers Web-Delivered, Customizable Embedded Applications to Stay on Top of the Market

QuoteMedia (OTCBB: QMCI) brings Wall Street to you – delivering financial market data through a broad range of content solutions such as scrolling stock tickers, news and headlines, and full-scale market research portals. The products are easy to use and are customizable, integrated into existing content on the user’s Web page. The company develops and licenses its software components to brokerage firms, financial institutions, media outlets, public companies and more.

Dynamic Quote and Chart Modules give users charting capabilities to cover the targeted companies intra-day and historical displays with interactive technical charting applications; desktop and wireless portfolio management gives users access to real time market data as well as research on individual and enterprise level investors; and customizable headlines on hundreds of topics allow users to stay on top of market news without leaving their computers.

Quote Media also offers in-depth research coverage including news, ratings, corporate actions, earnings information, market movers and more – again, the software is customizable to fit every user; the company’s suite of FOREX data and world currency applications allows users to monitor data, run currency conversions and chart global currencies so users can stay current with the global market; and Quote Media’s Investor Relations components give users the ability to follow company news, charts, filings, insider reports and more.

Additionally Quote Media offers Mutual Fund which delivers market overviews, detailed fund quote data, rankings, risk benchmarks and more; these solutions are embedded seamlessly on the users Web site; XML Data Services offers quick and comprehensive market data feeds available in real-time, delayed and EOD formats.

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QuoteMedia, Inc. (QMCI.OB) Multi-Feature Systems Give Investors the Insight, From Desktop to Mobile

QuoteMedia, Inc. (OTCBB: QMCI) caters to individual investors and institutions with its suite of portfolio management tools. From the desktop to hand-held mobile devices, users can follow the markets all day from wherever they are.

Quotestream Professional offers broad market coverage, flexibility, tick-by-tick data and fully customizable screens and options. Quotestream Professional caters to any investor with the need to know, offering complete overview of the world’s markets, information from the Pink Sheets to NASDAQ Level II, a ticker window displaying up to the moment trade information, news and filings from news sources such as PR Newswires, Business Wire and more. The Symbol Search option allows the user to locate a company symbol and track it throughout the day and much more.

Quotestream II is part of the award-winning Quotestream applications for non-professionals. To name a few advantages, the system offers tick-by-tick market data, can be integrated with any existing database, allows for multiple portfolios, includes North American and International indices and allows for news and filings, symbol searches and real-time market movers.

Quotestream offers real-time market information and investment tracking, and allows users to track investments online while getting the latest company news and filings and watching live video broadcasts. Features include streaming portfolios, interactive and historical charting and offers Level II market access.

Quotestream Wireless allows users to take market data wherever they are. The mobile option allows for portfolio management and a vast array of financial information including stock quote, portfolio management, intraday and historical quotes, company news and more, offering users the know on the go.

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Market Data Latency Problems Eliminated with Quotemedia, Inc.’s (QMCI.OB) Data Feed Solutions

Investment banks spend millions of dollars on trading software and complex algorithms to trade, but this is all a waste when there are Data Latency problems. Data Latency is the lag experienced when moving Data from point to point thus making the difference between profits and losses when time is of the essence to leverage investments and react swiftly to market volatility.

Quotemedia has developed a Streaming solution that provides tick by tick Market Data enabling Traders to trade with up-to-the-millisecond Data. Its technology is very accurate and reliable plus offers complete coverage of all North American exchanges and ECN’s.

Another feature of the company’s data solution is choice of content delivery. TCP or UDP protocols, dedicated line or internet delivery and compressed or uncompressed Data Streams giving traders a wide variety of interfaces and messaging formats, and a number of connectivity methods. The system has also been put through strenuous load testing and the machine in testing handled 300,000 messages per second with zero Data loss and Data Speed Differentiation. Finally the system can be custom tailored to the specific client needs in a cost effective way.

When Data Latency can mean the difference between being in the black and being in the red, Quotemedia’s solution can ensure single millisecond performance. Today traders need Data that is reliable, accurate, in depth and timely. The Data solutions from the company give traders the edge they need to turn profits in a competitive market.

Quote Media Inc. provides financial stock market data, market news feeds, market research information and financial software solutions to online brokers, clearing firms, banks, financial service companies, media corporations and public companies. They employ 35 people and are located in Fountain Hills, Arizona.

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QuoteMedia, Inc.’s (QMCI.OB) DataFeed Offers Users a Variety of Delivery Options

QuoteMedia, Inc. (OTCBB: QMCI) develops and distributes financial market data and related services, specializing in services such as Internet-delivered streaming stock market data feeds, research and analysis information, portfolio management systems, news services and more.

The company’s highly flexible data delivery framework delivers market data through secure channels, allowing users to customize the information they receive, such as data regarding a specific market or exchange. QuoteMedia’s DataFeed is a comprehensive, ultra low latency, tick-by-tick streaming market data solution. The technology delivers data from all North American exchanges with complete redundancy, accuracy and reliability.

DataFeed uses a proprietary data compression system which can reduce bandwidth requirements of up to 6:1 during peak loads; clients have the option of compressed or uncompressed data. Transmission Control Protocol (TCP) connections, or User Datagram Protocol (UDP) messaging, are options for clients who wish to receive the data over direct lines or the Internet.

For fast client implementation, String Readable data is used to reduce time-to-market by breaking implementation, testing and maintenance into a simple, user friendly process.

Other features include options for real-time or delayed data delivery, and side tools and application for data compression, client-side data delaying and multi-point relaying of data. Clients can also receive feed for any given exchange, including every tick, allowing moderated feeds and updates.

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QuoteMedia, Inc. (QMCI.OB) Offers an Array of Market Data Delivery Solutions

Investment banks and Traders need up to the millisecond data in order to avoid being shut out of the market because of Latency problems and traders today are demanding an ever increasing amount of up to date market data with which to conduct trading. Quotemedia sees this need and has developed a number of content delivery solutions. They have a number of available delivery options or those with specific needs can have a content delivery solution custom tailored to their needs.

Customers can choose between Compressed or Uncompressed Data Lines Data lines. Both collect and convert Market Data into a concise format that is delivered to the clients. The difference however is cost as with the Uncompressed Data line information is delivered the quickest but takes the largest amount of bandwidth; Compressed Data however is the best choice when a compromise is needed between speed and cost. This gives customers a choice in how quickly they need their data and how much their budgets allow them to spend.

An even more cost efficient way of Data deliver is their Data Line over the internet. Information is still collected the same way as the other Data Feed lines with the benefit of lower costs by traveling through regular internet but at the expense of speed.

The quickest delivery method offered by the company is their Black Box Data Feed whereby a company server is located within Quotemedia’s facilities, delivering uncompressed data directly from the exchanges. It is the best option when market timing is of the utmost importance as the latencies of dedicated telecommunication lines are avoided.

XML Data feeds are also offered by the company which can either update with a 15 minute delay or at the End of Day. A great tool for clients to distribute Data over the internet that can be polled or query based.

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QuoteMedia, Inc. (QMCI.OB) Makes its Mark in a $7 Billion Market

QuoteMedia, Inc. (OTCBB: QMCI) has developed a line of financial data feeds and software applications that allow users to customize systems on desktops, laptops, cell phones and PDAs to receive real-time quotes, market news and updates, SEC filings, portfolio management and more. The applications are used by brokerage firms, individual investors, financial services companies, and business and media corporations to stay in, and on top of the market.

The company has posted 17 consecutive quarters of revenue growth, noting increasing demand for its mobile division, Quotestream Wireless, and continuous investment for the expansion of its wholly owned data network.

QuoteMedia is quickly gaining ground in the $7 billion financial data delivery market through strategic relationships with Microsoft, wireless carriers, manufacturers and distributors. Additionally, the company has reeled in high-profile clients including NASDAQ, Dow Jones, Forbes, JP Morgan & Chase, OTCBB and more.

As it pushes forward, QuoteMedia is focused on increasing its top line revenue growth through market share in the data feed and Mobile/PDA markets. To fulfill this mission, QuoteMedia is taking advantage of its partnership with Penson Worldwide as well as banks, brokers, mobile carriers and other clients.

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QuoteMedia, Inc. (QMCI.OB) Covers All Bases for Market Solutions

QuoteMedia (OTCBB: QMCI) develops user friendly, customizable financial market data and related services. The company’s full line of content solutions is embedded directly into the users’ Web page for seamless integration.

Dynamic Quote and Chart Modules allow the user to dig for market research data on any symbol, and to chart intraday and historical displays. Portfolio management can be done via desktop or wireless device for both non-professional and professional users. The application gives real time, immediate access to the market and research capability for individual or enterprise investors.

The large selection of customizable headline and story modules allow the user to determine what topics, companies or exchanges they receive news about. Mutual fund data is available through QuoteMedia’s advanced Web applications. This option allows for market overviews, detailed fund quote data, fund charting, performance ratings, ratings, risks and more.

QuoteMedia also offers investor relation solutions, allowing clients to manage current and prospective shareholders with control over presentation, company news, charts, filings and more.

Finally, in-depth research is available for each company or market, be it news, ratings, filings, historical performance or filings. QuoteMedia’s solutions cover every aspect of financial content solutions, from scrolling stock tickers, to in-depth research, to portfolio management.

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QuoteMedia, Inc. (QMCI.OB) Wins Contract to Provide Streaming Portfolio Management Solutions to Zecco Trading

QuoteMedia, Inc. (QMCI.OB), a financial social networking community with access to free stock trading, announced a two-year agreement to provide streaming real-time portfolio management along with comprehensive financial market data and research information to Zecco Trading, a wholly owned subsidiary of Zecco Holdings.

Under this new partnership, QuoteMedia will provide streaming real-time portfolio management solutions, including the company’s newly launched Quotestream™ II, packaged with advanced charting technology, stock screening and in-depth market data, for Zecco Trading’s rapidly growing customer base. Zecco Holdings, one of the fastest growing online investing and trading communities online, was launched on October 9th, 2006 and received huge publicity for offering its clients free stock trading.

Under the terms of this agreement, QuoteMedia’s applications will provide Zecco Trading customers up-to-the-second market data and research information to assist them in identifying great investment opportunities. This partnership is a significant opportunity for QuoteMedia by exposing the company to rapid growth that Zecco Trading is experiencing with their innovative financial community and alternative online trading solutions.

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QuoteMedia, Inc. (QMCI.OB) - Expanding the Brand

QuoteMedia, Inc. (QMCI.OB), a financial networking community offering a host of real time market data and portfolio services, just announced a two-year agreement to provide streaming real-time data, portfolio management, along with historical financial market data and research to Zecco Trading, which is a wholly owned subsidiary of Zecco Holdings. Zecco is a fast growing online investing community that made lots of media waves by offering its clients free stock trading.

Under the terms of this agreement, QuoteMedia will be the provider of a wide array of market data, portfolio management, stock screening, and charting, for a period of two years, allowing Zecco clients access to the broadest collection of market information yet available. While this is indeed good news, it’s not impossible to imagine that some investors have missed the importance of this particular agreement.

Zecco has made quite a splash recently in the trading world, offering their clients free trading and getting a lion’s share of publicity over it. However, QuoteMedia reaps the benefits of two important items here. First is the monetary agreement between Zecco and QuoteMedia, and that’s what most investors will focus on. But one may beg to differ that this is actually the most important aspect of this pact. Certainly it’s nice to get paid, but because Zecco does generate such large media exposure over their unique business model, Quotemedia gets to ride the wave of media attention and marketing, without spending any money.

The aspect of growth is directly tied to the number of people that are exposed to your business. For lack of a better example, the old adage of “if they don’t know you exist, they can’t buy your product” comes to mind. With this particular agreement, Quotemedia will reap the benefit of having much wider market exposure, by simply delivering their products to Zecco’s clients.

Any time a company can get free publicity and exposure, while at the same time being compensated for providing its services, it is doing “something right” and QuoteMedia is doing it all right with this latest business pact. It’s not a stretch of the imagination to think that in virtually no time, many thousands more people will have been exposed to QuoteMedia’s wide array of products, and services, and this is what growth is all about. Exposure at Zecco will lead to more agreements, supply pacts and revenue from other financial institutions. It’s certainly good business and something to keep an eye on.

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ECOtality, Inc. (ETLY.OB) - Electronic Transportation Engineering Corporation (eTec) Completes Integration of Minit-Charger

In the age of ever-rising traditional fuel costs, a company in Scottsdale, Arizona is making strides in eco-friendly electric power cell systems. ECOtality, Inc. (ETLY) is a technology company that is taking on the global energy challenge head-on with its focus on developing and advancing clean electric technologies.

In November 2007, ECOtality acquired Electronic Transportation Engineering Corporation (eTec), whose focus is in the research, development, and testing of advanced transportation and energy systems. Upon its inception in 1996, eTec’s mission was to support the development and installation of battery charging infrastructures for electric vehicles. Now as a wholly owned subsidiary of ECOtality, eTec will continue to specialize in fuel sources and infrastructure for hybrid and electric powered vehicles. Currently, eTec’s systems are utilized in marine and transit applications, airport ground support equipment, and in local and governmental electric vehicle operations.

In December 2007, ECOtality acquired Minit-Charger, which was a subsidiary of Edison International. Minit-Charger produces faster battery systems that are more eco-friendly and cost-efficient than the conventional charging systems currently in place. The Minit-Charger systems produce no harmful emissions and less heat during charging which helps extend battery life.

“Following our recent expansion, we have focused on efficiently integrating and capitalizing on the synergies of our subsidiary companies to streamline operations and lay the foundation for aggressive growth,” said Jonathan Read, President and CEO, ECOtality.

eTec announced today that it has completed its integration of Minit-Charger. Since both battery charging system lines are in the same niche, a merger under the eTec umbrella makes perfect business sense. It was also announced this morning that eTec’s SuperCharge fast-charging systems will be rebranded under the Minit-Charger name.

“This rebranding is a natural evolution of our objectives to provide comprehensive fast charging solutions that our customers can trust,” said Don Karner, President and CEO of eTec. “Unifying all of our fast charging technologies and operations under the Minit-Charger name leverages its strong brand recognition and allows us to better focus our sales and marketing efforts.”

ECOtality, along with its subsidiaries, continue to move toward their vision: A world where we utilize energy sources that produce zero harmful emissions. The result would be a planet with less pollution, cleaner air, and safer drinking water.

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