WallStreet Direct, Inc. Extends Run of WallSt.net's News Magazine on Fox Business Network for an Additional 3 Months

WallStreet Direct, Inc. Extends Run of WallSt.net's News Magazine on Fox Business Network for an Additional 3 Months

NEW YORK, July 14 /PRNewswire/ -- WallStreet Direct, Inc., the owner and operator of http://www.wallst.net/, and a wholly-owned subsidiary of Financial Media Group, Inc. (BULLETIN BOARD: FNGP) today announced that it has signed an extension to broadcast its television program WallSt.net's News Magazine for an additional three months on the Fox Business Network.

WallSt.net's News Magazine is a half-hour television program that is scheduled to air on Sundays at 5:30 p.m. EDT (2:30 p.m. PDT) on the Fox Business Network.

The show features compelling interviews with public company CEOs, informative trading strategies from investment professionals, and the latest headlines from public companies from around the world.

Featured guests on the program have included former finance coordinator for the New York Stock Exchange, Steven M. Goffner, Timothy Sykes, the author of "An American Hedge Fund," Peter Leeds of PennyStocks.com, Marvin Appel, CEO of Appel Asset Management and editor of the acclaimed newsletter, "Systems and Forecasts," and James McCann, Chairman and CEO of 1-800-Flowers.com, Inc. (NASDAQ:FLWS).

Each episode of WallSt.net's News Magazine is taped at the Manhattan Center Studios, the Nasdaq Marketsite in New York City, and the Company's West Coast bureau located in Irvine, Calif.

WallSt.net's News Magazine is hosted by Emmy Award winning journalist, Brad Holbrook, and features reporting from correspondents Alicia Vitarelli, and Tracee Tolentino. Interviews on the program are conducted by Albert Aimers, Chief Executive Officer of Financial Media Group, Inc.

"We are very excited about continuing our run on the Fox Business Network for an additional 3 months," Aimers said. "Television has proven to be a powerful and valuable distribution channel for our content. The Fox Business Network reaches roughly 32 million homes across the U.S., and we are committed to providing viewers with news, insight and information to make money in any market."

Episodes of WallSt.net's News Magazine are also available on the Web at: http://tv.wallst.net/news-magazine/news-magazine.php

About WallStreet Direct, Inc.

WallStreet Direct, Inc. a wholly-owned subsidiary of Financial Media Group, Inc., owns and operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/) an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net/), a hub for business and finance video content.

About Financial Media Group, Inc.

Financial Media Group, Inc. is a fully-integrated advertising and financial media company focused on developing better tools, insightful original content, and community-driven applications for the global investment community. The Company's brand portfolio includes: WallSt.net (http://www.wallst.net/), a leading business and finance news and information Web site; MyWallSt (http://my.wallst.net/), a financial social network for investors ; WallSt TV (http://tv.wallst.net/), an interactive, content-rich Web site that features original and syndicated video programming; and CashClicker(TM), a one-of-a-kind Web-based referral program that allows WallSt.net members to earn cash through page views and referral activity. The Company also produces WallSt.net's News Magazine, a weekly, half-hour program that airs on the Fox Business Network, and features the latest news from public companies, and in-depth interviews with public company executives and investment professionals. For more information on the Company, visit http://www.financialmediagroupinc.com/.

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:
WallStreet Direct, Inc.
800-4-WALLST

First Call Analyst:
FCMN Contact:

Source: WallStreet Direct, Inc.

CONTACT: WallStreet Direct, Inc., 1-800-4-WALLST

Web site:

http://www.wallst.net/
http://www.financialmediagroupinc.com/

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