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Financial Media Group, Inc. Announces Appointment of New Board Member

Posted on: Thursday, 10 August 2006, 09:00 CDT

IRVINE, Calif., Aug. 10 /PRNewswire-FirstCall/ -- Financial Media Group, Inc. (BULLETIN BOARD: FNGP) , a diversified media and advertising company, is pleased to announce the appointment of marketing and media veteran Wendy Borow-Johnson to its Board of Directors.

"Ms. Borow-Johnson's leadership experience at Turner Media Group, Inc. and her other endeavors will be a valuable asset as we evolve the Company's business," said Javan Khazali, Chief Operating Officer for Financial Media Group. Ms. Borow-Johnson is a leader in cable and broadcast communications, transactional businesses, new business development and the electronic media industries. She is currently the President of Healthy Living Channel and the Senior Vice President of The Networks Group of Turner Media Group, Inc. The Networks Group includes Healthy Living Channel, iShop, Beauty and Fashion, Men's Channel, Mall TV, Resorts and Residence TV, iDrive and America's Preview Network. She is responsible for overseeing programming, network development and distribution and cross media marketing of these lifestyle transactional networks.

Prior to joining Turner Media Group, Inc., Ms. Borow-Johnson served on the Board of Directors of Brands Shopping Network, Inc. and was President of Television, securing 30 million cable and satellite homes and 25 name brand retailers for Brands Shopping Network. She was the President and CEO of RnetHealth Inc., a publicly traded company and was the President and CEO of Recovery Television Network. In one year she took Recovery Network from 2 million to 16 million cable households and according to Broadcasting and Cable made it the fastest growing cable network and the only media outlet dedicated to Recovery reaching over 16 million cable households.

In 2005, Ms. Borow-Johnson was named one of the Business Women of the Year by the Business Leadership Council. In 2002 and 2003 the American Biographical Institute Board of International Research named Ms. Borow-Johnson as one of their Women of the Year. In 2002, she was also named as one of the Chicago Sun Times' Women Making a Difference. Ms. Borow-Johnson was named as Today's Chicago Women's 100 Women Making a Difference in Chicago in July 2000. In 1996 she was one of the Chicago Sun Times Leaders of the Pack, in 1995 she was named to the 100 Working Women in Chicago. She was one of Glamour Magazine's Outstanding Working Women, and Savvy Magazine's Women under 40.

About Financial Media Group, Inc.

Financial Media Group, Inc. is a diversified advertising and media company focused on providing products and services for the global investment community, and publicly traded companies worldwide. The Company is based in Irvine, California, and trades on the Over the Counter Bulletin Board under the ticker symbol FNGP.

Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.

Contact: Javan Khazali Chief Operating Officer Financial Media Group, Inc. (949) 486-1711 info@financialmediagroupinc.com

Financial Media Group, Inc.

CONTACT: Javan Khazali, Chief Operating Officer of Financial MediaGroup, Inc., +1-949-486-1711, info@financialmediagroupinc.com

Source: PRNewswire-FirstCall

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