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