updated 10/21/2010 8:46:01 AM ET 2010-10-21T12:46:01

LOS ANGELES, Oct. 21, 2010 (GLOBE NEWSWIRE) -- World Market Media, Inc. announced today that the Company has completed its merger with Equities.com and has been renamed The Equities Group, Inc.

The Equities Group is expanding its interlinking portfolio of Web properties to create a social network that bridges the world's financial markets and investment communities. The company is beta-testing its flagship financial information portal, Equities.com. WorldMarketMedia.com will continue to deliver market news coverage and commentary on emerging growth companies in the U.S. and abroad.

David Bernard, the former Executive Editor of Equities Magazine, has become chairman of the company. Michael Avatar has taken the role of president and Ronald Russo, the founder of World Market Media, will serve as CEO.

Ronald Russo stated, "Since launching WorldMarketMedia.com in January of 2009, we have seen a significant increase in Web traffic, including followers of our commentary and financial media programming. With the merger of Equities.com, we will be able to leverage revenue and cost synergies that will allow us to expedite the growth of our Global Listing Exchange and our combined global audiences."

David Bernard added, "We are very excited and extremely pleased that World Market Media, and its partners, have teamed with us to build out the best financial-media and social network portal in the world. Our combined family of sites will have more of the insights, commentary, education and information that retail and active investors crave."

"The combination of our two organizations provides an extensive network and knowledge base in the financial-media industry. As with our other past endeavors, we are focused on providing the best quality content and experience for our readers and users of our family of sites," said Michael Avatar, president.

Additionally Enzo Villani, president and CEO of Villani Advisors, a WorldMarketMedia.com seed investor and advisory board member, will continue his role. Brett Pojunis, CEO of NewMediaPlus, a WorldMarketMedia.com  advisory board member, will also continue. Jeffrey Hart of Hart Partners introduced the merger candidates and has joined as advisory board member.

About The Equities Group

The Global Online Investment Community ...The Equities Group, Inc., is a global financial-media network that owns and operates its branded specialty divisions and manages its strategic network partnerships. The Equities Group is expanding its interlinking portfolio of Web properties to create a social network that bridges the world's financial markets and investment communities. Collectively, its sites provide a unique array of news and data on the world's capital markets and economies.

The Equities Group provides interactive advertising, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.

The Equities Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6519

Disclaimer/Disclosure: Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). The Equities Group, Inc. cautions that statements made in this news release relating to the change of control and new business direction constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. The Equities Group, Inc. undertakes no obligation to revise these statements following the date of this news release.

For more information on The Equities Group, please visit Equities.com and sign up for Free Real-Time Quotes or contact:

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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