Erwin Eichmann, Ex- Morgan Stanley And CNBC, Joins TheStreet As General Counsel

NEW YORK, Aug. 13, 2012 (GLOBE NEWSWIRE) -- TheStreet, Inc. (Nasdaq:TST), a leading digital financial media company, today announced Erwin Eichmann has joined the Company as General Counsel. An expert in business development and legal advice, Eichmann has over 20 years of experience in the financial industry.

Eichmann recently held the position of Chief Operating Officer, IT Sourcing and Executive Director at Morgan Stanley, where he worked for 11 years negotiating deals for global wealth management, technology and operations.

Prior to Morgan Stanley, Eichmann held positions at CNBC.com as VP of Corporate Development and NBC Television as principal legal counsel for NBC's Interactive Media Group.   Earlier in his career, he worked in the M&A group at Shearman & Sterling.

"Erwin brings the perfect combination of experience to our team, including legal, technical, operational, media and industry perspectives," said Elisabeth DeMarse, CEO and Chairman of TheStreet.  "His very specific experience with Morgan Stanley Smith Barney and Morgan Stanley Private Bank provides TheStreet with deep domain expertise not only around FINRA and SEC compliance, but also insights into technology and investing trends. As part of his General Counsel duties, Erwin will oversee our Business and Corporate Development activities. We are excited to enhance our already strong executive team and continue its focus on operational excellence, pursuing next generation opportunities, and growing organic revenue."

Eichmann received his Juris Doctor from the Stanford Law School and A.B. degree in Electrical Engineering and Economics from Yale University.

About TheStreet

TheStreet, Inc. is a leading digital financial media company that distributes its content through online, social media, tablet and mobile channels. The Company's network of brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, Chat on TheStreet, MainStreet and Rate-Watch. For more information on TheStreet's business, visit www.t.st . For financial and business news, actionable trading ideas, stock quotes and more, visit TheStreet.com, follow TheStreet on Facebook and Twitter, visit TheStreet.mobi from your mobile device and access TheStreet through all major tablet platforms.

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CONTACT: Thomas Etergino         Executive Vice President, Chief Financial Officer         TheStreet, Inc.         212-321-5234         ir@thestreet.com                  Erica Mannion         Investor Relations         Sapphire Investor Relations, LLC         415-471-2700         ir@thestreet.com

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