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Remark Media Announces Closing of Financing Round and Conference Call

Atlanta, March 6, 2012 (GLOBE NEWSWIRE) -- Remark Media, Inc. (Nasdaq: MARK), a global digital media company, announced that it has completed its previously announced $4.25 million financing round of the private placement of the company's Common Stock. The financing was led by A.W.M. Special Situations Funds, and also includes a number of other accredited institutional investors.

Remark Media will host a conference call to discuss recent developments and strategy for the 2012 fiscal year. The call will take place on Thursday, March 8th, 2012 at 11:00am Eastern Standard Time. Dialing instructions are:

In the United States: 877-704-5386 Outside the U.S: +1-913-312-1395 Passcode: 539742

Please dial in 10 minutes early to insure that you are connected in time for the beginning of the call. A transcript will be made available after the call at our company's investor relations website, at http://ir.remarkmedia.com/.

About Remark Media

Remark Media, Inc. (Nasdaq: MARK) is a global digital media company focused on developing social media businesses that incorporate relevant, high quality content. Remark Media's services business offers a suite of web services and proprietary platforms that provide brands opportunities to build consumer awareness, promote content engagement and foster brand-customer interactions. The Company's leading brands, BoWenWang (bowenwang.com.cn) and ComoTudoFunciona ( hsw.com.br), provide readers in China and Brazil with thousands of articles about how the world around them works, serving as destinations for credible, easy-to-understand reference information. Remark Media is the exclusive digital publisher in China and Brazil for translated content from HowStuffWorks.com, a subsidiary of Discovery Communications, and in China for certain content from World Book. Remark Media is also a founding partner and developer of the U.S.-based product Sharecare, a highly searchable social Q&A healthcare platform organizing and answering the questions of health. The Company is headquartered in Atlanta with additional operations in New York, Beijing and Sao Paulo. For more information, visit http://www.remarkmedia.com/.

Forward-Looking Statements

This press release contains "forward-looking statements," as defined in Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be in the future tense, and often include words such as "anticipate", "expect", "project", "believe", "plan", "estimate", "intend", "will" and "may". These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Remark Media. Relevant risks and uncertainties include those referenced in Remark Media's filings with the SEC, and include but are not limited to: successfully completing our merger and integration with Banks.com, Inc., our losses and need for capital; successfully developing and launching new digital media properties; restrictions on intellectual property under agreements with Sharecare and third parties; challenges inherent in developing an online business; reliance on key personnel; general industry conditions and competition; and general economic conditions, such as advertising rate, interest rate and currency exchange rate fluctuations. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Remark Media assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.

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Remark Media Announces Closing of Financing Round and Conference Call

Sorenson Media Launches New Sorenson Squeeze 8 Pro with Support for Apple ProRes, Avid DNxHD, Dolby Pro Audio and …

SAN DIEGO--(BUSINESS WIRE)--

Sorenson Media today announced the immediate availability of Sorenson Squeeze 8 Pro, which gives video professionals unprecedented workflow functionality and control using the companys gold-standard video encoding and transcoding application.

For the first time, video professionals can work seamlessly within and between leading professional formats and non-linear editing systems including the capability to easily output video to mezzanine formats including Avid DNxHD on Windows and Apple OS X systems and Apple ProRes for OS X systems.

Notably, Sorenson Squeeze 8 Pro supports up to 12-bit pixel bit depth, providing users the ability to maintain true, rich colors within their videos.

In addition, the new Pro version of Sorenson Squeeze 8 now includes the ability to encode for Dolby Pro audio along with the standard full support for the most popular video formats, including H.264,Flash, WebM, Windows Media, adaptive bitrate, and DVD Blu-Ray.

Sorenson Squeeze Pro underscores Sorenson Medias absolute commitment to our customers, listening to their needs, and innovating to optimize their workflows, said Peter Csathy, CEO of Sorenson Media. We created this new Pro version to address the specific needs of many of our customers, and by combining Avid DNxHD, Apple ProRes and Dolby Pro audio with all the other formats Squeeze supports, we've created the highest-quality, most cost-effective, all-in-one solution on the market today. We believe Squeeze 8 Pro is the ultimate workflow optimization and collaboration tool that builds upon Sorenson Medias longstanding legacy of quality and control. But, we want video professionals to decide for themselves; thats why we offer free trials.

Avid DNxHD Encoding with Sorenson Squeeze 8 Pro

Sorenson Squeeze 8 Pro makes it easier for video pros to produce top-quality SMPTE VC3-compliant video bitstreams, simplifies post-production with quicker edits on mezzanine HD formats with Avid DNxHD, and fosters real-time collaboration across platforms. Professional video workflow is further optimized through the ability to export Avid DNxHD files for Avid editing systems without owning Avid software. In addition, Squeeze 8 Pro offers full support of all Avid DNxHD bit resolutions up to 10-bit and frame ranges.

Apple ProRes Encoding with Sorenson Squeeze 8 Pro

Sorenson Squeeze 8 Pro enables video professionals on Apple OS X systems to take full advantage of the Apple ProRes family of codecs, including multistream, real-time editing performance and high image quality with reduced bandwidth. Users of Sorenson Squeeze 8 Pro can expand their workflow through the capability to export ProRes files for Final Cut Pro editors directly from Avid, or to create Apple ProRes files for Final Cut Pro editors. Squeeze 8 Pro supports the following format variations of Apple ProRes: 4444 (up to 12-bit), 422 (10-bit), 422 HQ (10-bit), 422 LT (10-bit), and 422 Proxy (10-bit).

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Sorenson Media Launches New Sorenson Squeeze 8 Pro with Support for Apple ProRes, Avid DNxHD, Dolby Pro Audio and ...

Research Reveals Decline in Trust Across Major Communications Channels – Mobile, Social Networks and Email

SAN FRANCISCO--(BUSINESS WIRE)--

Connected consumers in the U.S. are reporting a growing wave of distrust across major communications channels including mobile, fixed and social networking due to fears of security threats such as viruses, spam and phishing attacks, according to new research released by Cloudmark, Inc., the global leader in carrier-grade messaging security.

The survey, conducted in conjunction with online research provider Toluna, analyzed the mobile, fixed-line and social networking habits, security threat exposure and sentiment of 1,000 U.S. consumers.

Trust in the Security of Mobile Communications Platforms Declining

The survey results show that 19 percent of U.S. respondents have less trust in the security of mobile short message service than they did 12 months ago. While previously considered a very trusted communications channel, overall, SMS ranked a distant third (15 percent) among the platforms survey respondents consider to be the most secure, behind voice (43 percent) and email (34 percent). The SMS platform holds a higher level of trust among younger users, with nearly one quarter (24 percent) of 18-24 year olds and 21 percent of 25-34 year olds naming it as the platform they consider the most secure. However, trust in the SMS channel appears to decline with age, with just eight percent of the 55-plus demographic citing it as the most secure platform.

This trend of declining trust was mirrored across fixed and social networking channels, where 41 percent of respondents reported less trust in the security of social networks and 18 percent said they have less trust in the security of instant messaging services. Meanwhile, 44 percent reported that they have less trust in the security of email than they did a year ago.

Threat Penetration across Devices and Messaging Platforms

Mobile social networking appears to be gaining significant traction, with 19 percent of 18-24 year olds and 13 percent of 25-34 year olds naming it as the communications platform they access most regularly. However, in spite of its popularity, trust in the social networking platform is low and seemingly continuing to decline: just three percent named it as the platform they trusted the most, the least of all platforms. In addition, social networking websites are second only to email as the platform on which consumers have experienced viruses most frequently (21 percent).

Messaging abuse remains the number one security threat across all major platforms 61 percent of fixed line and 13 percent of mobile users claim to have suffered spam-related problems. Despite the high profile of email and desktop threats in recent years, 75 percent of Americans have experienced a security threat on their desktop or PC. Nearly half (49 percent) of these reported incidents were due to a malicious virus while almost a third (31 percent) were attributed to phishing attacks over email or instant messaging while online. Meanwhile, 18 percent of mobile users reported that they had experienced some type of security threat on their mobile device.

Security Distrust Could Hinder Mobile Commerce

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Research Reveals Decline in Trust Across Major Communications Channels – Mobile, Social Networks and Email

Social Networking Most Important for Small Ecommerce Players

Ilana Rabinowitz is a "lion" in ecommerce and social networking. As Vice President of Marketing for the Lion Brand Yarn Company, she built a newsletter with over 1 million subscribers, launched an award winning podcast and blog, and created a presence on social media outlets that gives Lion Brand Yarn a circulation greater than all of the trade publications combined.

Ilana writes and blogs at Social Media Explorer and Marketing Without a Net, Google Plus and Twitter.

EcommerceBytes caught up with Ilana to find out some of the secrets of successful social networking for ecommerce players.

Do you see social networking as an important tool for online sellers who may not have a nationally known brand?

Ilana Rabinowitz: I think social networking is most important for companies that are not nationally known brands. This is because people do business with companies they know and trust.

If you are not a known brand, you have to help people to learn about you and develop trust by showing them that you know your product and you are there to be helpful, every day, when you're not selling, by providing useful and relevant content. This doesn't happen by broadcasting marketing messages. It happens by sharing information and telling your story on social media.

Online sellers also need to be on social media because people often make buying decisions based on the ideas and recommendations of friends.

What are three social networking sites where all online sellers would be participating and, if you chose just one, which one would it be and why?

Ilana Rabinowitz: Choosing the right social networks for your business is not a simple one-size-fits-all question. It depends on how much time you have to devote to social media, what your goals are, who your audience is and what your resources and talents are.

I would never recommend that anyone try to conquer three at once. It would overwhelm any small business. Anyone just starting out should realize that while there may not be an out of pocket cost, there is a time commitment, and to do it right means that one or more people will need to set aside time to seriously dedicate to it.

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Social Networking Most Important for Small Ecommerce Players

For job hunters, social networking options abound

By Eve Tahmincioglu

Figuring out which social networking site is the best for your job search is like trying to decipher a riddle with a constantly changing answer.

When Google+ was introduced, many expected the site to rival Facebook and LinkedIn when it came to its job-hunting potential. But recent data show that the social networking site hasnt lived up to all the hype. Google+ users only spend mere minutes on the site each month, compared to almost eight hours a month on Facebook, comScore reported last week.

And now, an increasing number of people are using Pinterest, the latest social-networking darling; and some are even posting graphic-intensive resumes in an effort to impress employers. The number of unique visitors to the site jumped 56 percent since December, according to comScore, to nearly 12 million.

All this social media ballyhoo has many wondering which site will help them land the job of their dreams.

Once upon a time, career experts pointed to LinkedIn as the only site workers had to be on, but now thats changing. More playful sites such as Twitter, Facebook, YouTube, Quora, and even Pinterest are turning out to be valuable tools for job-hunters, too, wrote George Anders, author of The Rare Find: Spotting Exceptional Talent Before Everyone Else," in a Harvard Business Review post last week.

If the alphabet soup of social media choices has you wanting to shun them all, think again. Employers are increasingly using social media to connect with applicants. The most recent data show 56 percent of the organizations currently use social networking websites when recruiting for potential jobs, according to the Society for Human Resource Management (SHRM), which surveyed nearly 550 HR professionals via email last year. Thats up from 34 percent in 2008, the last time the survey was conducted.

Where recruiters are going to find you out in cyber space, however, is a moving target.

Among the employers SHRM polled there are three top choices:

But a survey put out last month by The Creative Group, an interactive advertising company, of advertising and marketing executives found that if they had to pick one social networking, 56 percent would choose Facebook, followed by LinkedIn and Google+.

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For job hunters, social networking options abound