QuoteMedia to Power iVerit's Real-Time Equity Options Market Data and Analytics Apps for iPhone and iPad

Phoenix, AZ - 29 May 2013

QuoteMedia, Inc. (QMCI) today announced that iVerit Inc. has contracted QuoteMedia to provide market data feed services to power Option Chain and Option Exchange MD, the first suite of apps for the iPhone(R) and iPad(R) that offers mobile access to real-time equity options market data and risk analytics. Providing brokers, professionals and investors with freedom from their desks, Option Chain and Option Exchange MD are powered by QuoteMedia's proprietary data feeds with U.S. options prices referenced to the Option Price Reporting Authority (OPRA).

Option Chain is a real-time options market monitor with customized column displays, providing a personalized and richer user experience to select, change and update data as needed. Option Exchange MD's options market valuation model provides reliable financial market data and enables users to easily monitor calls and puts. Users can utilize both apps for free and receive professional quality intraday data with the same desktop experience now on an iPhone.

"Brokers and investors need a way to stay connected to the market regardless of where they are. With QuoteMedia's data feeds powering our new native apps, we can deliver this access with a rich user experience and provide the high quality, immediate market data and valuable analytics they need," said Michael Iver, founder of iVerit Inc. "Combining outstanding responsiveness and attention to detail, QuoteMedia provides comprehensive low latency market data and delivery technologies that are ideally suited to our needs."

"With Option Chain and Option Exchange MD, users can now access the densest data feed on the market in the palm of their hand, wherever they go," said Dave Shworan, CEO of QuoteMedia. "We are very pleased to be working with iVerit, as they provide unmatched real time access to options market data and analytics."

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