Press Release: 10/19/1999 - TheStreet

Press Release: 10/19/1999

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FOR IMMEDIATE RELEASE

THESTREET.COM NAMES THOMAS J. CLARKE PRESIDENT AND CHIEF OPERATING OFFICER Former CEO of Thomson Financial Investor Relations

New York, October 19, 1999 -

TheStreet.com, a leading Web-based provider of financial news and commentary, announced today the appointment of Thomas J. Clarke, Jr. to the new position of President and Chief Operating Officer. Clarke will be responsible for overseeing company operations on a day-to-day basis, including editorial, marketing, technology, and sales. He will report directly to Kevin W. English, Chairman and Chief Executive Officer of TheStreet.com.

"Tom's management skills and operations experience make him an invaluable addition to our team," said English. "His 15 years of experience in the financial services industry will help TheStreet.com continue to redefine financial news on the Web."

Prior to joining TheStreet.com, Clarke served as Chief Executive Officer of Thomson Financial Investor Relations (formerly Technimetrics, Inc.), a full-service investor relations firm with over 325 employees and estimated annual revenues of $75 million. As CEO of Technimetrics, Clarke oversaw the sale of the company from Knight-Ridder to The Thomson Corporation in 1998, after significantly enhancing the value of the company. He also led the company's transition from database management to investor relations consulting. Clarke joined Technimetrics in 1984 as Manager of Client Services. Clarke held positions with companies including McAuto Systems Group and Media Records before joining Technimetrics.

TheStreet.com, Inc.

(TSCM)

is publisher of

TheStreet.com

, a leading Web-based provider of original, timely, comprehensive, and trustworthy financial news and commentary. TheStreet.com (

www.thestreet.com) was founded in 1996 and is based in New York City, with bureaus in San Francisco, Silicon Valley, London, Tokyo and Berlin. TheStreet.com's editorial team, with over 65 experienced financial journalists and two dozen outside contributors, publishes approximately 40 original news stories and commentaries every business day, including columns by James J. Cramer, Herb Greenberg, and Adam Lashinsky. TheStreet.com, Inc. has established strategic alliances with Yahoo!, America Online, The New York Times Co., Fox News Network L.L.C., Intuit, 3 Com, E*Trade, DLJ

direct

, and other leading companies.

TheStreet.co.uk

, a financial news site for UK investors, will launch in early 2000.

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