SOURCE: FinancialContent, Inc.

March 24, 2008 12:47 ET

FinancialContent Posts 2nd Quarter Results; Revenues Increase 9%

FOSTER CITY, CA--(Marketwire - March 24, 2008) - FinancialContent, Inc. (OTCBB: FCON) (OTCBB: FCONE), a leading provider of stock market data, business news, and online content syndication services, today announced its results for the period ended December 31, 2007.

The Company reported higher revenues due primarily to higher subscription fees from existing clients and the addition of new clients. Overall net revenues increased 9.5% to $704,535 for the quarter ended December 31, 2007 compared to $643,131 for the same period the previous year.

During the second quarter of the fiscal year, FinancialContent continued to see a steady demand for its services among newspapers, television and radio station groups. Meanwhile, the company's revenue base continued to diversify with online advertising revenues growing to approximately 15% of total revenues for the Company's second fiscal quarter 2008 compared to 9% for the same quarter in fiscal 2007.

"While we work to improve cashflow, we will also need to stabilize the Company's balance sheet," said Wing Yu, CEO of FinancialContent. "We have reached a very important juncture in the life of the company where we need to consider a number of strategic options, including the raising of additional capital or the sale of all or some of our assets."

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 and temporarily under FCONE (OTCBB: FCONE).

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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