QualityStocks.net News – Fund.com Inc. (FNDM.OB) Recruits Senior Finance Executive, Gregory H. Webster, as President – 3/18/08

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Fund.com Inc. (OTCBB: FNDM) is one of our highlighted companies this month. The Company is a financial services information publisher focused on the $22.6 trillion investment fund market. As an online media company, Fund.com is establishing a destination website of personal finance channels, including mutual funds, hedge funds, money market funds, exchange traded funds (ETFs), closed end funds, commodity funds and other types of pooled investment vehicles.

In our client’s news today,

Fund.com Inc. (FNDM.OB) made an announcement that Gregory H. Webster has been selected as its new President. Mr. Webster has been involved in the wealth management and securities business for over twenty years. He served as President and CEO of HSBC Brokerage (Americas), where he was responsible for about $32.5 billion of client assets, and also served on the Board of Directors of HSBC Asset Management (Americas). Prior to HSBC, Mr. Webster served as President of Park Avenue Securities, LLC, a wholly owned subsidiary of Guardian Life Insurance of America, and served as COO of NYLIFE Securities, Inc., a subsidiary of New York Life Insurance.

“Fund.com shareholders will benefit from Greg’s deep asset management experience and his accumulated professional knowledge about all aspects of funds and fund management,” said Ray Lang, CEO of Fund.com. “With the contributions of Mr. Webster, Fund.com will establish itself as the authoritative online source for information about the growing complex fund management sector.”

Mr. Webster will be responsible for the overall business development of Fund.com Inc., including overseeing product development and branding, acquisitions, licensing deals and partnerships.

“I am thrilled to be joining such an innovative and visionary business,” said Mr. Webster. “I believe my experience in the financial community will not only enhance Fund.com’s business vision, but make it actionable and a leader in the financial services sector.”

The Directors and founders of Fund.com have shown that they are focused on strengthening the Company’s management team. Ray Lang, formerly with BNY Capital Markets, was appointed CEO in January. Philip Gentile, formerly with Morgan Stanley’s Global Wealth Management Group, was appointed Chief Operating Officer on March 13. Now with the appointment of Mr. Webster, the newest team members bring about fifty-five years total experience into Fund.com.

Fund.com Inc. is a financial services publisher targeting the $22.6 trillion investment fund market. Its mission is to provide investment information as well as traditional and leading edge products to the online generation of investors.

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