Financial Media Group, Inc. Signs Contract With Leading Distributor, Baker & Taylor, Inc.

Financial Media Group, Inc. Signs Contract With Leading Distributor, Baker & Taylor, Inc.

IRVINE, Calif., Oct. 25 /PRNewswire-FirstCall/ -- Financial Media Group, Inc. (BULLETIN BOARD: FNGP) , a diversified financial media and advertising company, is pleased to announce that it has signed a logistics and product support agreement with Baker & Taylor, Inc., a leading full-line distributor of books, video and music products.

Under the terms of the agreement, Baker & Taylor, Inc., will provide logistic and inventory fulfillment support to the Company to sell books and music through the Company's soon-to-be-launched social e-commerce platform, the Financial Tools Store.

"We are in the process of building a complementary e-commerce platform and Financial Social Network that will enable the Company to cross-pollinate its existing membership base of nearly 100,000 individuals, and our traffic, which averages about 300,000 visits every month," said Javan Khazali, Chief Operating Officer of Financial Media Group, Inc.

The Financial Tools Store is a single-source, social, e-commerce platform that will offer products and services to the Company's target demographic, which consists of investment professionals, students, retail investors and the nearly 77 million retiring baby boomers in the United States alone.

"Once I met with the key management team of Financial Media Group and saw first hand their excitement and passion, I knew they would be a good business fit with Baker & Taylor," said Richard Willis, Chairman, President and Chief Executive Officer for Baker & Taylor. "They showed me some of their promotional material and planned marketing campaigns, and again I thought that Baker & Taylor was a good business fit for this channel of distribution."

Products sold through the Financial Tools Store will include consumer electronics, business and finance related books, publications, computers and office supplies. Customer acquisition will be facilitated through competitive pricing, cross-promotion, and the Company's universal navigation platform, which allows visitors to wallst.net, mywallst.net, and the Financial Tools Store to seamlessly access content and information from the Company's other Web properties.

"We have several new initiatives that we are very excited about," Khazali said. "In addition to our flagship website, WallSt.net, our soon-to-be-launched Financial Social Network, mywallst.net, and the Financial Tools Store, we are also developing an education platform, and financial seminars. The best part of our strategy is that each of our brands complement each other, and play well into today's media convergence trends. As we continue to build Financial Media Group, Inc. into a lifestyle media company, we believe our ability to merge seemingly disparate platforms such as a social network and a retail outlet, will help us achieve our vision."

About Baker & Taylor:

Baker & Taylor is a leading full-line distributor of books, video, and music products to libraries, retailers, and other resellers. Baker & Taylor has been in business for over 176 years and have developed long-term relationships with major suppliers, including book publishers, movie studios, and music labels, shipping more than 1 million unique ISBNs (SKUs) annually. Baker & Taylor maintains one of the largest combined in-stock book, video, and music inventories in the United States with approximately 385,000 titles in inventory and over 1.5 million titles available for order. With five strategically located distribution centers totaling more that 1.3 million square feet, Baker & Taylor can reach 98% of the U.S. population within two-day ground delivery.

About Financial Media Group, Inc.:

Financial Media Group, Inc. is a fully integrated financial brand-builder focused on developing tools, education and financial social communities for the investors and public companies. Through a balanced approach of building Web brands, financial social networks, and assets in advertising, commerce services, and interactive services, the Company seeks to become a premier, full-service media company.

Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

Contact:
Javan Khazali
Chief Operating Officer
Financial Media Group, Inc.
(949) 486-3990
info@financialmediagroupinc.com

Source: Financial Media Group, Inc.

CONTACT: Javan Khazali, Chief Operating Officer of Financial Media
Group, Inc., +1-949-486-3990, info@financialmediagroupinc.com

Web site: http://wallst.net/

Web site: http://mywallst.net/

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