IRVINE, Calif., Jan. 3 /PRNewswire-FirstCall/ -- Financial Media Group, Inc. (BULLETIN BOARD: FNGP) , a diversified advertising and media company, today announced that it has executed a letter of intent to acquire the "The Wealth Expo" brand, including rights to the web site and series of investor expositions. No other terms of the acquisition were disclosed.
The Wealth Expo is designed to provide information on investing techniques and tools to investors through workshops and exhibits throughout the United States. Four major expositions are planned for 2007 in Atlanta, Georgia; Anaheim, California; Seattle, Washington; and Schaumburg, Illinois.
Beginning its fourth year, The Wealth Expo has provided a broad range of information to thousands of individual investors on various types of investments, trading, portfolio management, retirement planning and personal finance.
"Our relationship with Financial Media Group, Inc. will allow The Wealth Expo to expand much more rapidly than we could on our own," said Mike Loebel, founder of The Wealth Expo. "We are already planning to offer the expos in two additional cities in 2008, and we firmly believe that WallSt.net will be able to increase the number of attendees at each event."
Javan Khazali, Chief Operating Officer of Financial Media Group, Inc., stated: "There is a natural fit and synergy between Financial Media Group and The Wealth Expo. We believe in empowering the informed investor by providing in-depth news, tools, products and data to those seeking opportunities to bring more value to their investments. The Wealth Expo gives us another channel through which we can reach our audience, and inform and educate interested investors."
About Financial Media Group, Inc.:
Financial Media Group, Inc. is a fully integrated financial brand-builder focused on developing tools, education and financial social communities for investors and public companies. Through a balanced approach of building Web brands, financial social networks, and assets in advertising, commerce services, and interactive services, the Company seeks to become a premier, full-service media company.
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: Mary McCarthy, Financial Media Group, Inc.
(949) 486-3990 ext. 426
© 2007 PR Newswire
