Fund.com and Weston Capital Management Agree on Share Purchase Transaction

NEW YORK, Nov. 5 /PRNewswire-FirstCall/ -- Fund.com, Inc. (OTC Bulletin Board: FNDM) announced today that it has entered into a letter of intent with Weston Capital Management LLC ("Weston") and its majority shareholders for the acquisition of an equity interest from an institutional shareholder and its founder. The letter of intent also provides for Fund.com to contribute capital into Weston, an alternative investment group managing approximately $1 billion.

The investment in Weston is expected to enhance the growth of Fund.com's exchange traded fund subsidiary, AdvisorShares, an investment company that enables leading portfolio managers to launch branded proprietary ETFs on a turn-key basis. AdvisorShares is the originator of the Dent Tactical ETF, presently the largest actively managed ETF. Following completion of the transaction, Fund.com and Weston intend to develop a series of Weston- branded exchange traded funds.

Chairman Joseph J. Bianco of Fund.com said, "We believe that AdvisorShares and Weston are highly complementary businesses because Weston will gain a larger target market through the distribution of exchange-traded products, while AdvisorShares will benefit from the fund distribution experience of Weston, which we anticipate will increase its ETFs assets under management."

"In addition, AdvisorShares gains access to Weston Capital's investment manager 'seeding' business - a venture that partners with fund managers by providing seed capital for new fund products. AdvisorShares and Weston may 'seed' new actively managed ETF products, which could assist in the growth of assets under management and related fee income," he said.

"We are delighted to become partners with Albert Hallac and Weston Capital," said Greg Webster, CEO of Fund.com. "They have the institutional relationships and knowledge that perfectly complements our prior investments in the exchange-traded fund platform."

Upon completion of Fund.com's investment in Weston Capital, Albert Hallac will continue to head Weston Capital and maintain responsibility for both the day-to-day management and the strategic direction of the firm. Joseph J. Bianco, Chairman of Fund.com, will join as Chairman of Weston Capital.

"It is a very exciting time for Weston as we expand our resources and leverage our expertise in close concert with our new partners," said Albert Hallac, CEO of Weston Capital. "AdvisorShares exchange-traded fund platform places us in the center of the world's fastest growing asset management category, which is exchange traded funds, or ETFs."

About Weston Capital Management

Weston Capital Management LLC and its affiliates are an alternative investment group founded in 1993. Based in Westport, with offices in New York, West Palm Beach and London, Weston currently employs more than 25 professionals worldwide managing approximately $1 billion. For further information, please visit www.westoncapital.com.

About Fund.com

Fund.com through its AdvisorShares Investments LLC subsidiary is creating actively managed ETFs, such as the Dent Tactical ETF, to take advantage of the rapidly growing ETF business. Fund.com also is an online content provider and lead generation platform for investment funds and other financial services providers. Its objective is to engage individual investors and to match their needs with interested fund product providers. The www.fund.com website is available to everyday investors and, Fund.com believes, serves as an educational and research resource.

About AdvisorShares

AdvisorShares Investments, LLC is an innovative investment management firm which offers actively managed ETFs through the AdvisorShares Trust, a registered investment company. Exchange Traded Funds are one of the fastest growing investment products due to their operational and tax efficient structure, and easy of accessibility. The target clients of AdvisorShares are independent investment advisors that manage clients' assets, have a favorable track record and desire to package their investment strategy using exchange-traded funds. With AdvisorShares, independent investment managers will be able to establish their own branded, or "white-labeled," ETF on a "turn-key" basis and can ease client administration and streamline compliance. By being listed on a major stock exchange, such as the NYSE, investment managers improve their client distribution opportunities, are able to showcase their track record, and can increase assets under management.

AdvisorShares Investments, LLC, is a majority-owned subsidiary of Fund.com Inc. (OTC Bulletin Board: FNDM). Additional Information about AdvisorShares Investments, LLC is available at www.AdvisorShares.com.

Forward-Looking Statements:
Statements in this press release regarding future performance and the potential advantages of the products and services provided by Fund.com, AdvisorShares and Weston and any other statements about future expectations, beliefs, goals, plans, or prospects expressed constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual performance or events to differ materially from those indicated by such forward-looking statements including the limited operating history of Fund.com and AdvisorShares and economic conditions generally. Additional information on potential factors that could affect results and other significant risks and uncertainties are detailed from time to time in Fund.com's periodic reports, including Forms 10-K, 10-Q, 8-K, and other forms filed with the Securities and Exchange Commission.