NEW YORK, May 21, 2007 /PRNewswire via COMTEX News Network/ -- WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. (OTC Bulletin Board: FNGP) and Answers Corporation (Nasdaq: ANSW), the creators of Answers.com(TM), today announced an affiliation agreement to provide a new search mechanism on http://www.wallst.net . The implementation will allow users to view reference information related to select WallSt.net content with just one click.
AnswerTips is an innovative new tool created by Answers Corp. that allows the user to get instant information by double-clicking on any word or phrase of interest on a Web site. A co-branded AnswerTips information window then appears, providing expanded financial data, definitions, biographies, company profiles and other relevant information on over four million topics.
WallSt.net is a leading provider of business news, financial tools and original multimedia content for investors. The Web site offers free access to a library of more than 3,000 original interviews conducted with executives from publicly traded companies. In addition, WallSt.net offers breaking news and multimedia content from leading sources including Reuters, the Associated Press, MarketWatch, CNBC, and The Washington Post.
"We are committed to providing our users with the latest news and the deepest reference materials available," said Albert Aimers, CEO of Financial Media Group, Inc. "WallSt.net's content will be greatly enhanced through the depth of reference information, and user-friendliness of the AnswerTips platform."
"WallSt.net's readers are there to get up to speed on investment possibilities," explained Bob Rosenschein, CEO of Answers. "And to get ahead in this game they need to really understand the background: terminology, related companies, even acronyms and specialized lingo related to each company they examine. AnswerTips gives them the edge by offering them access to all this supporting information on the spot -- without the distraction and wasted time involved in jumping over to other sites to do background research."
In addition to WallSt.net, WallStreet Direct, Inc. operates http://www.wallstradio.com , an online hub for business and financial podcasts.
About WallStreet Direct, Inc.
WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc, owns and operates http://www.wallst.net . The Web site is a leading provider of financial news, media, tools and community-driven applications for informed investors. WallSt.net offers visitors free access to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its Web site, WallStreet Direct, Inc. publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies.
About Financial Media Group, Inc.
Financial Media Group, Inc. is a diversified media and advertising company that owns and operates www.wallst.net , a branded financial consumer gateway that provides in-depth, original, multimedia editorial content, up-to-the-minute business news, and comprehensive financial tools and data for investors. In addition to WallSt.net, Financial Media Group, Inc. owns and operates www.mywallst.net , the Web's first multimedia social network for the global financial community, and "The Wealth Expo," ( www.thewealthexpo.com ), a leading producer of educational investor expositions that are held across the United States. For more information, visit www.financialmediagroupinc.com .
About Answers Corporation
Answers Corporation (Nasdaq: ANSW) operates the award-winning Answers.com(TM) information portal, delivering comprehensive content on four million topics spanning health, finance, entertainment, business and more. Content includes over 180 licensed titles from leading publishers such as Houghton Mifflin Riverdeep Group PLC, Barron's, Encyclopedia Britannica, All Media Guide and others; original articles written by Answers.com's editorial team; community-contributed articles from Wikipedia; and user-generated questions & answers from Answers.com's industry-leading WikiAnswers(TM) ( wiki.answers.com ). Founded in 1999 by CEO Bob Rosenschein, Answers.com can be launched directly from within Internet Explorer 7, Firefox and Opera browsers, and its service is integrated into sites like Amazon.com's A9.com, The New York Public Libraries' homeworkNYC.org, The New York Times, CBSNews.com and others. Answers.com is also available for mobile devices at mobile.answers.com . For investment information, visit ir.answers.com. (answ-f)
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
SOURCE WallStreet Direct, Inc.
WallStreet Direct, Inc., +1-800-4-WALLST
http://www.financialmediagroupinc.com
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