SOURCE: FinancialContent, Inc.

November 15, 2007 08:30 ET

FinancialContent Posts 1st Quarter Results; Revenues Decline 7%

FOSTER CITY, CA--(Marketwire - November 15, 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 period ended September 30, 2007.

The Company reported lower revenues as subscription fees from new clients were more than offset by changes in the recognition of monthly overage fees from several large client contracts. Net revenues decreased 6.8% to $635,114 for the quarter ended September 30, 2007 compared to $681,694 for the same period the previous year.

During the first 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 and delivery of business and financial podcasts to Facebook users; and a partnership with to syndicate financial news and research.

"During the first quarter, we made an important decision not to automatically record the value of advertising inventory received as payment for licensing services," said Wing Yu, CEO of FinancialContent. "Instead, we will wait to recognize revenues derived from sold advertising inventory."

"Meanwhile, we expect our core business to continue growing at a steady pace with aggregate traffic nearing 200 million pageviews a month," added Mr. Yu.

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

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 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.

Contact Information