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WallStreet Direct, Inc. Strengthens Online Community With Cutting-Edge Social Media Tools for Public Company Executives





NEW YORK, Nov. 18 /PRNewswire-FirstCall/ -- WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. (OTC:FNGP) (BULLETIN BOARD: FNGP) , and the owner and operator of Wall St. Network ("WSN") (http://www.wallst.net/) the leading web 2.0 financial social networking community for investors and traders worldwide, today announced the launch of several social media platforms that enable public company executives to enhance web exposure, and directly communicate with current and potential shareholders.

"Social media platforms are very effective tools for executives to communicate with the investment community," said Nick Iyer, President of WallStreet Direct, Inc. "The Securities and Exchange Commission recently approved new guidance to broaden the scope of Regulation FD, to include social media platforms including blogs. Our new tools facilitate open communication and provide an effective, user-friendly channel for public company executives to tell their story."

This new suite of social media tools enables public company executives to set up their own profile pages, which can be personalized to include blogs, videos, corporate summaries, watch lists, notifications, comments, and access to members that are following their stock. Members that are interested in a public company now have the ability to directly communicate with executives through our messaging tools, access their latest news and other financial information, and receive alerts and bulletins from executives.

Social networks including Facebook and MySpace have quickly grown into leading online destinations for individuals to communicate and collaborate with one another. The Company believes our tools will rapidly expand the size of our audience, increase page views, allow for greater transparency, more effectively bridge the communication gap between public company executives and shareholders, and help establish ourselves as a leading social network for executives and investors from around the world.

"WSN's suite of social media tools enables us to more effectively communicate with our current shareholders, as well as potential shareholders," said Mini Peiris, Vice President of Product Marketing for NetSuite, Inc. (NYSE:N) "We are excited to have access to WSN's growing community of investors."

"WSN has a full suite of financial social media tools for communicating effectively to a large audience," said Corey Ferengul, Executive Vice President of Marketing for Macrovision Solutions Corp. (NASDAQ:MVSN). "We are excited to be a part of WSN's growing community."

"This is a great opportunity for us to interact with a new audience of potential shareholders," said Thaddeus Dupper, President and CEO of Evolving Systems, Inc. (NASDAQ:EVOL).

"We welcome the opportunity to interact with WSN's audience and answer any questions they may have about our company," said Michael Minogue, President, Chairman and CEO of Abiomed, Inc. (NASDAQ:ABMD)

About WallStreet Direct, Inc.

WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. (OTC:FNGP) (BULLETIN BOARD: FNGP) , owns and operates Wall St. Network (http://www.wallst.net/), a leading source of up-to-the-minute business news, collaborative social networking applications, comprehensive financial tools and original multimedia content for the global 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.

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: Nick Iyer WallStreet Direct, Inc.

800-4-WALLST

DATASOURCE: WallStreet Direct, Inc.


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


Web site: http://www.wallst.net/