SOURCE: FinancialContent Inc.

May 04, 2005 09:00 ET

FinancialContent, Inc. Engages Maxim Group LLC as Its Investment Banking Firm

SOUTH SAN FRANCISCO, CA -- (MARKET WIRE) -- May 4, 2005 -- FinancialContent, Inc. (OTC BB: FCON), a leading provider of financial data and business applications to online media and financial services companies worldwide, announced today that it has engaged Maxim Group LLC for its investment banking needs, giving FinancialContent access to Maxim Group's expertise in capital formation and in merger and acquisition strategy.

"FinancialContent is recognized in the content industry for scalable software technologies and brings to the marketplace a unique mix of value-added content and services which have significant growth potential," said Wing Yu, CEO of FinancialContent. "We welcome Maxim Group's commitment to play an integral role in our continued growth."

"We are very pleased to announce this relationship," added Brian Feingold, Director of Investor Relations of FinancialContent. "With the resources of Maxim Group at our disposal, we are more confident than ever that FinancialContent will extend its leadership role in the online content industry."

About Maxim Group LLC

Maxim Group is a full-service investment bank that provides an array of financial services including corporate finance, M&A, advisory, equity research, private wealth management, structured products, global institutional equity, fixed-income and derivative sales and trading. Maxim Group is a specialist in the small to mid-cap marketplace with a proven track record of financing emerging growth companies. For more information, please visit http://www.maximgrp.com.

About FinancialContent, Inc.

FinancialContent is a leading content solution provider specializing in the integration and delivery of financial data and tools into Web sites, corporate intranets and print media. The Company's flagship product, Studio 3.5, enables companies to build turnkey financial channels complete with stock quotes, charts, news, company profiles, real-time SEC filings, historical data and more. The Company's mission is to empower its clients with the ability to customize and manage their own deployments. With over 300 deployments worldwide, FinancialContent is rapidly growing its client base to include banks, brokerages, credit unions, and application service providers, as well as diversified media businesses and Fortune 500 companies. For more information, please visit http://www.financialcontent.com or email investor relations at ir@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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