TheStreet.com / Weiss Ratings

TheStreet.com, Inc., a leading provider of financial commentary, analysis and news, today announced that it has acquired certain assets of Weiss Ratings, Inc. ("Ratings") a wholly owned subsidiary of Weiss Group, Inc.

Founded in 1988, Ratings provides independent financial evaluations in industries where it believes investors are at risk. Ratings tracks the risk-adjusted performance of more than 16,000 mutual funds and more than 6,000 stocks. In addition, Ratings uses proprietary quantitative computer models to evaluate the financial strength of more than 13,000 financial institutions, including life, health and annuity insurers; property and casualty insurers; HMOs; Blue Cross Blue Shield plans; banks and savings and loans.

TheStreet.com believes the Ratings acquisition is consistent with two aspects of its previously disclosed strategic plan: completion of what it believes are accretive acquisitions, while diversifying both the sources of revenue and content to emphasize the fast growing advertising category and to diminish reliance on any one product or service.

This well-regarded content will be woven into both TheStreet.com's free advertising supported and paid subscription services, adding a new level of variety and value for our users. Planning for these new offerings is well underway and TheStreet.com users in particular can look forward to a number of new, innovative features in the near future.

Ratings' focus on mutual fund information adds particular value to TheStreet.com because of the high demand for this content category by both our users and our advertisers. Furthermore, the acquisition is a step toward TheStreet.com's goal of transforming off-line subscription products into advertising supported, page view driven on-line augmentations to the Company's free Web site, www.thestreet.com.

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