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Remark Media Inc.

11/05/2012 | Press release

Remark Media Launches Dimespring.com - An Interactive Community for People Seeking Actionable Personal Finance Advice

distributed by noodls on 11/05/2012 11:03

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NEW YORK, NY and ATLANTA, GA, Nov. 5, 2012 (GLOBE NEWSWIRE) -- Remark Media, Inc. (Nasdaq: MARK)--a global digital media company--today announces the launch of Dimespring.com, created to deliver actionable personal finance advice. Previously in beta, the site also serves as the hub for a larger financial ecosystem that includes the newly designed Banks.com and IRS.com. The sites incorporate responsive design, providing an optimized experience across mobile and tablet screens.

Dimespring.com will differentiate itself by connecting visitors to actionable content and a diverse community of personal finance experts from leading organizations such as The Garrett Planning Network and The National Association of Personal Finance Advisers (NAPFA). To ensure that users find the information they need quickly, content is organized by life cycle stage, with tools and visuals, such as infographics, that inspire action.  Profile pages for experts and knowledge partners will provide background on the site's contributors while providing numerous ways for users to connect and follow its experts.

"Americans continue to face difficult financial challenges particularly in today's economy," said Carrie Ferman, Co-Chief Executive Officer at Remark Media. The web hasn't done a great job of simplifying the subject of personal finance.  Dimespring.com is designed to engage today's web-savvy consumers and steer them toward a better financial future."

"The site's original content--including infographics, polls, news stories and more--makes the experience more engaging, actionable and memorable.  Whether buying a house or starting a new career, features like "Is it worth it?" and Q&A's that break down hot topics will allow users to take charge of their finances," said Rob Sheppe, Vice President of Product at Remark Media.

Additionally, consumers will be able to share their personal finance experiences with the Dimespring community and learn from others like them. And Dimespring.com will offer interactive sessions with leading financial experts such as Jane Bryant Quinn--all for free.

Banks.com relaunches with a dramatically enhanced redesign and improved user experience. Navigation, interactive content, tools and newsletters are personalized to individuals' particular needs.

Dimespring.com and Banks.com will focus on securing integrated opportunities for advertisers.  Brand partners will contribute content to create a less disruptive user experience, providing partners with the opportunity to integrate their messaging into relevant content.

Remark Media will continue to develop a personal finance ecosystem to offer advice and actionable steps to its users across its many brands, which also includes the relaunch of FileLater.com in the first quarter of 2013.

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.

Forward-Looking Statements:

This press release contains "forward-looking statements", as defined in Section 27A of the Securities Act of 1993, 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. 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; successfully integrating Banks.com's business and digital media properties and executing upon redesigning its sites; challenges in attracting users to and selling advertising for websites; 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.

CONTACT:
Investor Relations Contact:
Travis Page
ir@remarkmedia.com
212-905-8947

Press Contact:
Valerie Brown
Vbrown@remarkmedia.com
212-905-8949


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