NEW YORK, NY and ATLANTA, GA, July 12, 2012 (GLOBE NEWSWIRE) -- Remark Media, Inc. (NASDAQ: MARK), a global digital media company, announces today a new Knowledge Partnership with a leading financial planning organization, The Garrett Planning Network. The partnership marks the latest move in Remark Media's mission to provide a diverse community of financial experts for its users to access on DimeSpring.com.
"I'm delighted to be joining DimeSpring to bring the talents, wisdom and insights of hundreds of pre-screened professional financial advisers to help create the greatest personal finance community in the world," said Sheryl Garrett, Founder of The Garrett Network. "DimeSpring's approach is truly refreshing and unlike any other personal finance website."
Noted as a rebel by SmartMoney in a recent feature, The Garrett Planning Network includes more than 300 financial advisers whose mission is to help make competent, objective financial advice accessible to all people. Garrett's financial experts will add original content through active engagement with the DimeSpring community across key topics within financial planning and management--at no cost to the consumer.
"The Garrett Network will give the DimeSpring community access to high-quality professionals who put their expertise into practice every day," said Carrie Ferman, CEO of Remark Media. "The Garrett Planning Network mirrors DimeSpring's philosophy of providing people with a simple-to-understand-and-implement approach to building a brighter financial future. And I am thrilled to be working with Sheryl, who operates such an innovative organization."
In addition to personal finance experts, Remark Media will continue to build a diverse group of authors and experienced business journalists that will contribute engaging, interactive content to the DimeSpring platform with the goal of simplifying financial matters to help people 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.
About The Garrett Planning Network:
The Garrett Planning Network Inc. is a nationwide network of fee-only financial advisers and planners. The Network is made up of over 300 independent advisers whose goal is to make competent and objective advice accessible through hourly as-needed financial planning. Its financial advisers bring the shared wisdom of a broad based network with significant experience in financial planning and investment management. Garrett Planning Network members are dedicated to providing access to quality advice for their clients regardless of the clients' incomes, the amount of an investment or whether the advice is a one-time consultation or ongoing financial management services.
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.
A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=13632
