CarryQuote and CNBC Collaborate in Development and Marketing of Financial Applications

ZUG, Switzerland and NEW YORK, Dec. 14, 2010 /PRNewswire/ -- CarryQuote AG, an award-winning pioneer in mobile real-time financial information solutions, today announced that it has entered into a development and marketing collaboration with CNBC to create a new generation of mobile and desktop market data solutions for individual investors and enterprises.  The first of these solutions is CNBC PRO, which was introduced earlier today by CNBC and is available to individual investors at http://pro.cnbc.com/info.  

In addition to the CNBC PRO retail product, the companies have collaborated to develop a product targeted to the enterprise market.  CarryQuote Enterprise CNBC Edition, http://www.carryquote.com/products/carryquote-enterprise-cnbc-edition, a private label mobile and desktop solution will be available to enterprise clients worldwide in January 2011.

"We are excited to work with CNBC, the recognized world leader in business news," said Michael Stennicke, CarryQuote's CEO. "CarryQuote is uniquely positioned with its access to on-demand real-time market data from over 100 exchanges.  By integrating our market data with CNBC content, along with our ground-breaking technology that supports all five leading mobile platforms, we are now able to deliver products and capabilities never before available."

CNBC provides unparalleled financial data, news and analysis, including live CNBC TV from around the world and over 200,000 video clips available on demand.  CarryQuote's unique relationships with financial exchanges provides data "snapshots" rather than "streams," enabling CarryQuote to deliver the exact same data from the exact same global sources, at a fraction of the price of the traditional market data suppliers.  This cost savings is passed on to subscribers, making CNBC PRO the most comprehensive real-time market data solution at its price point. For many investors around the globe, this is the first time that access to this breadth of real-time data has been affordable.  

"The introduction of CNBC PRO marks the availability of a premium solution for global real-time market data, news and information at a price point that is within reach for many sophisticated individual investors," said Scott Drake, Vice President, CNBC Digital. "By working with CarryQuote and leveraging their leading-edge technology platform, we are able to deliver a unique and compelling experience to our audience whenever, wherever they need it."

About CarryQuote

CarryQuote® is reinventing the way financial institutions and individual investors deliver, access, and consume financial information.  Tailored for today's always-on mobile culture, CarryQuote's award-winning mobile applications are the first-ever to cost-effectively deliver real-time global financial information and proprietary research to any smartphone, pad, or computer.  The Company's private-label solutions offer users integrated mobile and web access to every major exchange in real-time, covering all asset classes and over 95 percent of the world's markets.  In addition, CarryQuote solutions provide CNBC news, on-demand video, and live TV, as well as analytics and charting.  CarryQuote uses a unique mobile SaaS-based technology that is compatible with all five major mobile platforms -- Blackberry, iPhone/iPad, Android, Symbian, and Windows Mobile -- ensuring access to critical financial information, whenever and wherever it is needed.  For more information, please visit www.carryquote.com.

SOURCE CarryQuote AG