SOURCE: FinancialContent, Inc.

October 01, 2007 08:30 ET

FinancialContent Posts Fiscal Year Results; Revenues Increase 55%

FOSTER CITY, CA--(Marketwire - October 1, 2007) - FinancialContent, Inc. (OTCBB: FCON), a leading provider of stock market data, business news, and online content syndication services, today announced its results for the fiscal year ended June 30, 2007.

The Company reported higher revenues attributed to ongoing client wins. Gross revenues increased 55.4% to $2,849,139 for the fiscal year ended June 30, 2007, compared to $1,832,944 for the same period the previous year. Meanwhile, gross revenues increased 33.0% to $702,105 for the quarter ended June 30, 2007, compared to $527,871 for the same period the previous year.

During the fourth quarter of the fiscal year, FinancialContent achieved a number of milestones, including: major client wins among newspapers, television and radio station groups; the launch of a new RSS-based news engine at the Web 2.0 Expo; and partnerships with online media companies such as Digital Media Wire and Seeking Alpha.

In addition, FinancialContent has revised the way in which it books advertising-based revenues by recognizing online advertising inventory as receivables after advertising campaigns are secured for the inventory.

"As we enter into larger partnerships with our advertising-based media clients, the changes will give our investors more insight into the cashflow that is generated by our advertising-based initiatives," explained Wing Yu, CEO of FinancialContent. "We are committed through the next fiscal year to our goal of building a profitable, diversified content company that includes licensing, media syndication and advertising business segments."

For more information about FinancialContent's content management and delivery platform, its financial data products and consulting services, please contact info@financialcontent.com.

About FinancialContent, Inc.

FinancialContent is a leading provider of stock market data, business news, and online content syndication services. The Company's mission is to provide content solutions with the industry's best user experience and highest return on investment for its clients. With over 700 deployments worldwide, FinancialContent manages a global network of private-label financial channels for diversified media companies and financial services firms. For more information, please visit http://www.financialcontent.com. FinancialContent is publicly traded on the over-the-counter market under the ticker symbol FCON.

This news release may contain forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are meant to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representation to be true and accurate based on the information available to the company, actual results may differ materially from those described. The company's operations and business prospects are always subject to risks and uncertainties. Important facts that may cause actual results to differ are set forth in FinancialContent, Inc.'s periodic filings with the U.S. Securities and Exchange Commission.

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