TheStreet.com Names Robert Walberg Chief Market Strategist, Premium Services

TheStreet.com, Inc. (Nasdaq: TSCM) (TheStreet.com), a leading digital financial media company, announced today that it has hired Robert Walberg as Chief Market Strategist, Premium Services. In this role, Walberg will drive the roll-out of the Company’s next generation of services, expanding and extending TheStreet’s focus on delivering more actionable advice from leading voices throughout the industry, with improved features and functionality. The first new service to be rolled out will be Options Profits, to launch later this spring. Walberg will also be a key external face of the Company’s Premium Services division, presenting TheStreet’s views on the markets and highlighting the Company’s best market calls throughout the media. Today, subscription-based Premium Services represent approximately 2/3 of the Company’s annual revenues.

Walberg’s role is a newly created position at TheStreet and he will report to TheStreet’s Publisher of Premium Services, Brian Hecht.

Walberg has a deep background in finance and media, with experience in asset management, financial analysis and editorial roles. Immediately prior to joining TheStreet, Walberg was the founder and President of Chartwell Investment Group, a financial advisory company where he managed money and provided financial advice to a broad range of clients. Before founding Chartwell, he worked as a financial analyst and columnist for leading web destination, MSN Money. During this time, Walberg made regular appearances on CNBC’s Power Lunch segment and the Daily Show with Jon Stewart. He also contributed frequent updates to MSN’s Top Stocks blog and managed the market-beating Dog Pound portfolio for MSN’s Strategy Lab. Earlier in his career, Walberg was a co-founder of Briefing.com, working as Chief Equity Analyst where he formulated the company’s near-, intermediate- and long-term market positions. He was regularly quoted by the Wall Street Journal, Bloomberg, Reuters and Investor’s Business Daily, and made guest appearances on Fox Business, CNBC, CNN and ABC World News. Mr. Walberg received a BA in Political Science from the University of Illinois and has a Series 7 and 63 license.

"Robert is a great example of one of the leading voices and top market thinkers that we are aggregating under TheStreet brand, all with the aim of providing the best, actionable market information we can for our users,” said Daryl Otte, Chief Executive Officer of TheStreet. "His experience in front of the cameras as an on-air editorial source, his acumen as a financial analyst, and skill-set as an entrepreneur and operator of businesses catering to the needs of both the individual and institutional investor, makes him the perfect person to be our Chief Market Strategist for our Premium Services. We believe Robert will make a real difference in helping us expand our important Premium Services business.”

"TheStreet’s mix of insightful editorial and analytical tools position the Company as a unique resource to the investment community,” commented Walberg. "From the outside looking in, I have been impressed with the continued evolution of TheStreet into a premium destination site. I look forward to bringing to TheStreet my experience as a contributor to MSN’s ascendancy into a premier destination site, along with my understanding of how best to provide value to the active investor. I am excited to be part of a robust future.”

Otte added, "We believe the recent additions of Robert to our leadership team, along with Vivek Shah to the Board of Directors, bring new and inventive thinking to our strategy and accelerate the realization of our goal of becoming the premier digital-only media business in the finance vertical.”

About TheStreet.com, Inc.

TheStreet is a leading digital financial media company. The Company’s network includes the following properties: TheStreet, RealMoney, Stockpickr, BankingMyWay, MainStreet and Rate-Watch. For more information on the company and our services, or for the latest markets news, trading ideas and stock research, visit TheStreet.com.