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[Walker]

FNGP NEWS...

Financial Media Group, Inc. Announces Development of EntertainmentProperty Sippinit.com

Feb 27, 2009 07:00:44 (ET)


IRVINE, CA, Feb 27, 2009 (MARKET WIRE via COMTEX) -- Financial Media Group, Inc. (FNGP, Trade ), an online web publisher focused on building 2.0 properties for integrated Ad Networks and eCommerce properties, announced today that it is developing the entertainment property Sippinit.com ( www.sippinit.com ), an online pop, entertainment and gossip property.

The web property is currently in development and is expected to be launched in the second quarter of this year. The Company is committed to developing these new web properties and diversifying its web holdings.

Last week the Company announced its newly developed web property ForWant.com ( www.ForWant.com ) which has already achieved a weekly Alexa ranking of 232,000 in this brief period. The Company is very excited about its ForWant classified property and plans to offer video as a key differentiator from its competitors.

The Company plans to produce three additional web properties this year in Sports, Local and Rewards.

About Financial Media Group, Inc.

Financial Media Group, Inc. is an online web publisher focused on building 2.0 properties for integrated Ad Networks and eCommerce properties.

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:
Financial Media Group, Inc.
Phone: [phone]




SOURCE: Financial Media Group, Inc.