Financial Media Group, Inc. Enters in to Agreement to acquire WallStreet Direct,
Inc.

September 19, 2005 Irvine, CA--Financial Media Group, Inc. (OTCBB: FNGP), a
Development stage company, is pleased to announce that it has entered into an
agreement to acquire Wall Street Direct, Inc. ("WSD") a private company that is
a multimedia provider of financial news and information for the retail and
institutional investment community. The acquisition is intended to be a tax-free
reverse merger.

Nick Iyer, President of WSD said the acquisition "will give WSD access to the
necessary capital and the exposure as a public company which will further WSD's
goal to become a premier source of financial information for today's growing
investment community."

WSD owns and licenses WallSt.net, a leading information and news portal for the
global investment community, Javan Khazali, Financial Media Group President
Stated. "We see great potential for the WallSt.net brand. We believe that
through WSD's ties to the micro-cap market, and investment communities that this
acquisition will help take WSD's to the next phase of its growth.

The close of the acquisition is subject to due diligence, usual terms and
conditions and the receipt by Financial Media Group of WSD's audited financial
statements. Although Parties intend to close the acquisition towards end of
November 2005, there is no assurance that it will close at that time or at all.

About Financial Media Group, Inc.

Financial Media Group Inc. (OTCBB: FNGP) is a development stage company that
intends to focus on the marketing, advertising and financial media industries.
The Company's revenues, under the intended model, would be largely derived from
providing advertising and promotional services to smaller publicly traded
companies that seek cost-effective marketing solutions.

About Wall Street Direct, Inc.

Wall Street Direct, Inc. owns and licenses WallSt.net, a multimedia provider of
original, insightful commentary and news from North America's leading publicly
traded companies giving a direct link to the management of today's
fastest-growing companies through encompassing executive interviews and sector
seminars. The company provides a free service to consumers, and a paid, premium
monthly subscription to its members.




This press release contains certain forward-looking statements. These
forward-looking statements, which are included in accordance with the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995, may
involve known and unknown risks, uncertainties and other factors that may cause
actual results and performance in future periods to be materially different from
any future results or performance suggested by the forward- looking statements
in this press release. Although we believe the expectations reflected in such
forward-looking statements are based upon reasonable assumptions, we can give no
assurance that actual results will not differ materially from these
expectations. From time to time, these risks, uncertainties and other factors
are discussed in our filings with the Securities and Exchange Commission.

Contact
Javan Khazali
President
Financial Media Group, Inc.
(949) 486- 1711