| QuoteMedia Partners with SMS.ac to Offer SMS Stock Quotes |
|
|
MAY 19
|
|
|
QuoteMedia has announced a partnership with SMS.ac to power SMS.ac's new financial channel with detailed stock quotes and market information via Short Message Service (SMS) text messaging.
|
|
|
SMS.ac will make QuoteMedia's new SMS stock quote text messaging service available to its users worldwide. The requests for QuoteMedia stock quotes and financial data will be charged to consumers via premium SMS reverse billing. Charges will appear on users' cellular phone bill, or the charges will be automatically debited from pre-paid accounts.
"In 2004, U.S. domestic mobile messaging reached approximately 25 billion, and with the explosive growth SMS.ac is seeing with respect to the exchange of multimedia and textual communications, I am confident that the aggregate number of mobile messages sent within the U.S. will nearly double to 45 billion, in 2005," said SMS.ac CEO, Michael Pousti. "Until now, we have not offered stock quotes or financial data to our members. We are pleased to launch a financial offering for our subscribers, powered by QuoteMedia, a technology leader in the development of cutting edge financial data delivery systems."
In 2004, QuoteMedia launched Quotestream(TM) Wireless, providing streaming live market data for web-enabled wireless handheld devices. Now, the delivery of stock quotes and market information via SMS further advances QuoteMedia's strong presence in the massive mobile market, says QuoteMedia Ltd. CEO, Dave Shworan.
"We are now joining forces with SMS.ac, the world's leader in mobile data communications, to take full advantage of this largely untapped market for quick, easy access to financial information delivered to cell phones," said Shworan. "Our SMS Quotes services will provide fast, convenient market information to all text-enabled cell phones, allowing anyone to access financial information from anywhere. Now, a mobile phone is all it takes to stay connected to the stock market."
|
|
|
|
|
|
