NEW YORK, January 6, 2003- TheStreet.com, Inc. (Nasdaq:TSCM), a leading multimedia provider of financial commentary, research, analysis and news, today announced that Dr. Jeffrey A. Sonnenfeld, associate dean of the Yale School of Management and founder of its Chief Executive Leadership Institute in Atlanta, has joined the Company's board of directors, effective January 1, 2003.

"This appointment brings a new level of expertise to our board," said Thomas J. Clarke, Jr., TheStreet.com's chairman and chief executive officer. "Jeff's strong industry knowledge and breadth of experience in corporate governance issues will help guide us as we continue to expand our financial product and service offerings. I am confident that he will play a major role in our growth and we are very happy to welcome him as we build a stronger foundation for success."

Dr. Sonnenfeld, 48, has more than 25 years of experience studying management performance and CEO leadership. His research has been published in 80 scholarly articles, which have appeared in leading management academic journals such as The Harvard Business Review, Administrative Sciences Quarterly, The Academy of Management Journal, The Academy of Management Review, The Journal of Organizational Behavior, Social Forces, Human Relations and Human Resource Management. He has also authored five books including The Hero's Farewell, an award winning study of CEO succession. His work is regularly cited in Fortune, Business Week, The Wall Street Journal, The New York Times, Newsweek, Time, The Washington Post and the television programs "60 Minutes," "The Today Show," "Nightline," "Good Morning America," CNN's "Crossfire" and "Talkback Live" and CNBC's "Power Lunch."

"I am honored to join this pioneering financial media enterprise at this exciting stage of its life," said Dr. Sonnenfeld. "With its popular products, talented management and financial health, The Street.com is one of a few 'new media' winners. The Street.com is just beginning to leverage its expertise, currency, and integrity. Professional financiers and casual investors can now find custom tools to help individuals and institutions play on the same field."

Some of Dr. Sonnenfeld's recent achievements and honors include Business Week's "Stand Out New Management Book of the Year;" The American Society of Training and Development's "Outstanding Contributions to Executive Education;" Emory University's "Outstanding Educator Award;" Sacred Heart University and Connecticut Governor John Rowland's "Distinguished Innovation in US Management Education;" AT&T's "Prize for Research in Social Issues" and the Academy of Management's "Outstanding Research in Social Issues" and "Dissertation of the Year in Social Issues."

He received an A.B. from Harvard College and a M.B.A. and Ph.D. from Harvard University.

Dr. Sonnenfeld is replacing Fred Wilson, who served as a director of the Company since May 1998.

"TheStreet.com has benefited greatly from Fred's dedication and service," said Clarke. "We thank him for all of the contributions he has made throughout the years and wish him the best of luck with his future endeavors."

"TheStreet.com is an organization with unlimited potential and I am very proud to have served on its board," said Wilson. "I am confident that under its current leadership it will continue to grow and will reinforce its position as the premier financial site on the web today."

About TheStreet.com, Inc.
TheStreet.com, Inc. (Nasdaq: TSCM) is a leading multimedia provider of proprietary, timely, independent and insightful financial commentary, analysis, research and news. TheStreet.com brand is built on our best-in-class editorial team of experienced financial commentators and journalists. On the Internet, our premium, subscription-based website, RealMoney.com is accompanied by our professionally oriented subscription sites, RealMoney Pro and RealMoney Pro Advisor, and our free, flagship site, TheStreet.com. In addition, our content is available across diverse media platforms, including the internet, print, radio and conferences, giving us more opportunities to generate revenue from the content we produce. Our strategic relationships with leading companies in the media, technology and financial services sectors help us create brand awareness and increase subscription and advertising revenue.
Statements contained in this news release not related to historical facts may be deemed forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties (described in the Company's SEC filings), which could cause actual results to differ.

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