NEW YORK, NY and ATLANTA, GA, July 10, 2012 (GLOBE NEWSWIRE) -- Remark Media, Inc. (NASDAQ: MARK), a global digital media company, is forging new relationships that bolster its original content and online community on its personal finance website DimeSpring.com, currently in beta and scheduled to launch this fall. Renowned expert Jane Bryant Quinn has signed on as an official DimeSpring.com expert contributor. This addition advances Remark Media's goal of providing a diverse community of experts for consumers to access on DimeSpring.com.
Remark Media continues to develop an online personal finance ecosystem for consumers seeking actionable financial advice--the hub of which will be DimeSpring.com. The Company recently announced that it added to its portfolio Banks.com, Inc., which owned and operated Banks.com, IRS.com, FileLater.com and MyStockFund.com.
"The knowledge and expertise that Jane brings to the DimeSpring community is invaluable," said Carrie Ferman, CEO of Remark Media. "A key pillar of our content strategy is to provide access to credible experts and Jane exemplifies this vision."
Jane Bryant Quinn will provide original content to the site and connect with DimeSpring.com's users through its interactive features such Q&A's and live webinars. Over the years, Quinn's syndicated newspaper columns have addressed personal financial matters of top concern to her readers, including investor protection, health insurance, savings and debt reduction plans. Quinn also contributed her financial expertise to CBS News for 10 years and hosted the PBS programs Take Charge and Beyond Wall Street.
"Learning about personal finance and all its moving parts can be confusing and tough," said Quinn. "Giving people a one-stop-shop like DimeSpring where they can get their questions answered is a good solution and I'm happy to participate in helping as many people as possible."
The addition of financial experts follows Remark Media's recent hiring of Mike Benzie, the Company's Director of Editorial Operations, who joined from Yahoo! "We're very excited to have Jane join our team," Benzie said. "She's a true star and a great start for us as we begin to build a diverse group of authors and experienced business journalists to help our growing readership simplify financial matters and make better-informed personal finance decisions."
About Remark Media:
Remark Media, Inc. (Nasdaq: MARK) is a global digital media company focused on creating destinations that merge engaging content with rich social interaction. Remark Media owns and operates a portfolio of digital brands in the personal finance space including DimeSpring.com, Banks.com, IRS.com and FileLater.com. The Company is the exclusive digital publisher in China and Brazil for translated content from HowStuffWorks.com, a subsidiary of Discovery Communications. BoWenWang (bowenwang.com.cn) and ComoTudoFunciona (hsw.com.br) provide readers in China and Brazil with thousands of articles about how the world around them works, serving as destinations for credible, easy-to-understand reference information. Remark Media is also a founding partner and developer of Sharecare, a highly searchable social Q&A healthcare platform organizing and answering health and wellness questions. The Company is headquartered in Atlanta with additional operations in New York, Beijing and Sao Paulo. Additional information is available on its corporate website at remarkmedia.com.
Forward-Looking Statements:
This press release contains "forward-looking statements", as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be in the future tense, and often include words such as "anticipate", "expect", "project", "believe", "plan", "estimate", "intend", "will" and "may". These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Remark Media Inc. Relevant risks and uncertainties include those referenced in Remark Media's filings with the SEC, and include but are not limited to: our losses and need to raise capital; successfully developing and launching new digital media properties; restrictions on intellectual property under agreements with Sharecare and third parties; challenges inherent in developing an online business; reliance on key personnel; general industry conditions and competition; and general economic conditions, such as advertising rate, interest rate and currency exchange rate fluctuations. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Remark Media assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.
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