NEW YORK, NY and ATLANTA, GA, July 17, 2012 (GLOBE NEWSWIRE) -- Remark Media, Inc. (NASDAQ: MARK), a global digital media company, announces today a new Knowledge Partnership with the nation's largest fee-only financial planning organization, the National Association of Personal Financial Advisors (NAPFA). The announcement follows content partnerships with veteran personal finance advisor Jane Bryant Quinn and The Garrett Planning Network who joined as content contributors.
"The partnership with NAPFA brings independent, objective financial advice for individuals and families to DimeSpring," said Carrie Ferman, CEO of Remark Media. "One of our many key differentiators is to connect our users to experts with varied experience and NAPFA brings to the table three decades of expertise."
NAPFA began in 1983 when a group of advisors joined together under a common goal of serving their clients without muddling the relationship with commissions. The organization's 2,500 financial experts will contribute original content to DimeSpring through features, Q&A and active engagement across key topics within financial planning--at no cost to the consumer.
"We are delighted to join DimeSpring as a knowledge partner to help the public become better, more knowledgeable, investors and savers," said Ellen Turf, CEO of NAPFA. "One of NAPFA's core missions is to be a champion of the public through our network of fee-only financial planners."
Leading up to DimeSpring's fall launch, 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 NAPFA:
Since 1983, The National Association of Personal Financial Advisors (NAPFA) has provided Fee-Only financial planners across the country with strict guidelines for professional competency, comprehensive financial planning, and Fee-Only compensation. With almost 2,500 members across the country, NAPFA has become the leading professional association in the United States dedicated to the advancement of Fee-Only financial planning. For more information on NAPFA, please visit www.napfa.org.
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=13661
