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StockGuru News Alert: Financial Media Group, Inc. (OTCBB: FNGP) – WallSt.net Reports Surge in Web Traffic for May 2006

StockGuru News Alert

Financial Media Group, Inc.
(OTCBB: FNGP)

WallSt.net Reports Surge in Web Traffic for May 2006

NEW YORK, June 12 – WallStreet Direct, Inc., the owner and operator of www.wallst.net , and a wholly owned subsidiary of Financial Media Group, Inc. (OTC Bulletin Board: FNGP) is pleased to announce WallSt.net’s traffic for the one-month ended May 31, 2006.

WallSt.net received 282,673 visits, and 2.1 million page views for the one-month period. The average number of page views per unique visitor in May was 32, according to statistics provided by Web Trends, Inc. The average length of a visit to www.wallst.net was 12 minutes and 13 seconds and there were 283,498 documents, or static pages viewed in the month.

“We have seen a significant spike in our traffic since we launched Version 3.0 in January,” said Nick Iyer, President of WallStreet Direct, Inc. “What is really exciting is the steady up tick we’ve seen in recurring visits, and unique visitors. People are discovering us and realizing that we can be a valuable resource for them to make more informed decisions, and they’re coming back.”

About WallSt.net

www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct, Inc. organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies.

Contact:

Nick Iyer

800 4 WALL ST

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