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Outrageous Upgrade Costs Demanded by QuickBase Prompts IR Firm to Find a New Online Database Solution for Newsletter Tracking Service.
Scottsdale, AZ (PRWEB) August 01, 2012
QualityStocks today announces the complete migration of its newsletter stock picks data from Intuit QuickBase to Trackvia. Each and every day, QualityStocks collates stock picks from more than 700 different stock newsletters to provide subscribers to the “QualityStocks Daily Report” with a comprehensive list of the latest investment recommendations. Today, QualityStocks has more than 6 years of valuable historical data that is frequently accessed to better serve the online investment community and its clients.
Recently, QualityStocks was informed that the company’s data exceeds the amount of server space provided under the existing QuickBase plan. In order to increase the available space for its records, QualityStocks would have to enter a new plan that was more than 5 times more expensive at $799/month. The amount of space currently occupied by the data currently totals less than 25MB, which is less than 4% the capacity of a typical 700MB recordable CD.
“The amount QuickBase wanted to charge to simply provide access to their platform and store our database, which hardly takes up any space at all, was totally ridiculous,” stated Michael McCarthy, Managing Director of QualityStocks. “We tried our best to negotiate terms in line with the previous plan, but the company only offered a small discount. When it was clear we either had to remove part of our data from the system or accept their demands, I decided it was time to move on after 6 years of steadfast loyalty.”
“Our team not only records the date, newsletter, and stock pick, but also keeps track of the stock’s price the day it was called, the previous close, daily volume, dollars traded, and percent of gain or loss,” McCarthy continued. “Unlike QuickBase, which charges by total data size, TrackVia charges by the record, allowing us to include as much information as we want for each individual stock pick in a secure, cloud-based environment. We’re going to save more than $6,500 a year by making this transition and now have plenty of extra room for future growth.”
Jonathan Keim, QualityStocks Director of Communications, commented, “Before choosing TrackVia, I made many phone calls and analyzed the capabilities and pricing of many other providers. When I first contacted the TrackVia sales team, I was impressed by the personnel’s competence, attentiveness, and flexibility to meet our needs and budget requirements. Support was equally helpful and went above and beyond to help us migrate our data, create the forms and reports needed, increase efficiency, and streamline our database. In addition to saving thousands of dollars, we are also getting a better service compared to QuickBase.”
"We are excited and humbled to have QualityStocks choose TrackVia as its solution to help manage and share its recorded information," said Charles Var, Vice President of Marketing for TrackVia. "Our mission is pretty simple and straight forward, and that is to help successful organizations like QualityStocks be even more successful. It all starts with designing TrackVia to be the world's easiest and most powerful do-it-yourself application builder platform, but also includes how we price the solution and support our customers."
QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.
To sign up for The QualityStocks Daily Report, please visit http://www.QualityStocks.net
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
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