NEW YORK, June 7 /PRNewswire/ -- WallStreet Direct, Inc., the owner and operator of http://www.wallst.net/, and a wholly owned subsidiary of Financial Media Group, Inc. (BULLETIN BOARD: FNGP) today announced the implementation of several new interactive tools designed to enhance user interaction with select content on the Web site.
On May 21, the Company announced a partnership with leading Web search solutions provider, Answers Corp. (Nadsaq: ANSW) to provide WallSt.net users access to AnswerTips, an interactive search mechanism that enables users to view reference information by double-clicking on any word or phrase of interest on the Web site. Once a word or phrase of interest is double-clicked, a co-branded AnswerTips information window appears, providing expanded financial data, definitions, biographies, company profiles and other relevant information on more than four million topics.
"AnswerTips is a perfect complement to our content," said Nick Iyer, President of WallStreet Direct, Inc. "We believe that the reference information available through the AnswerTips platform, coupled with its user-friendliness will keep our users on our site for a longer duration and provide a new depth to our content offering."
In addition to AnswerTips, WallSt.net users will now have the ability to post articles from WallSt.net to social bookmarking Web sites including Google Bookmarks, Digg(TM), Del.icio.us, Technorati, and Facebook(R) by clicking a "share" link positioned with the print tool.
"Social bookmarking provides a significant opportunity for us to expand our content distribution channels," said Iyer. "Our users are computer-savvy, educated, active investors. This new capability extends the Web-based dialog and leverages our existing users to share our content with online communities and their readers."
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 http://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 http://www.mywallst.net/ , the Web's first multimedia social network for the global financial community, and "The Wealth Expo," (http://www.thewealthexpo.com/ ), a leading producer of educational investor expositions that are held across the United States. For more information, visit http://www.financialmediagroupinc.com/ .
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.
WallStreet Direct, Inc.
CONTACT: Nick Ayers of Digital Wall Street, Inc., 1-800-4-WALL-ST, for
WallStreet Direct, Inc.
Web site: http://www.wallst.net/
http://www.mywallst.net/
>http://www.thewealthexpo.com/
http://www.financialmediagroupinc.com/
