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Press Release Source: Financial Media Group, Inc.

MyWallSt.Net Launches Innovative Social Financial Tools to Provide Users With Additional Channels of Collaboration
Thursday July 19, 7:00 am ET

IRVINE, Calif., July 19 /PRNewswire-FirstCall/ -- Financial Media Group, Inc. (OTC Bulletin Board: FNGP - News), a leading diversified advertising and media company, today announced the launch of several innovative social financial tools on http://www.mywallst.net, the company's financial social network.

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"Our goal has always been to establish MyWallSt as a premier social network for investors," said Albert Aimers, Chief Executive Officer of Financial Media Group, Inc. "A big part of achieving that goal is giving our members the tools such as profile pages, messaging capabilities and blogs, which allow them to collaborate with one another. We have taken the concept of collaborative tools one step further by offering our members interactive, social financial tools."

With the implementation of these new social financial tools, MyWallSt members can rate and comment on individual stocks every time they retrieve a quote from the Web site. In addition, members can now add stocks to their Rookie portfolio through a link that can be accessed every time they retrieve a quote, allowing them to seamlessly research stocks and compete in MyWallSt's proprietary trading simulator, The Rookie Challenge.

MyWallSt.net is a groundbreaking, multimedia and feature-rich financial social network for individuals interested in the stock market and other types of investments. The Web site offers free membership to its social networking applications, financial tools, and proprietary virtual stock trading competition.

"Our recently launched social financial tools will help us more effectively convey the opinions and ideas of our community," Mr. Aimers said. "Many of our members are astute, experienced investors. Our social financial tools are just the first of many convergent applications that we plan on launching to improve, and build new channels of collaboration for our members."