The story of Fund.com, FNDM OTCBB buying out Weston Capital meant the company could move forward with its plan of offering worldwide services on hedge funds and ETF's while having an immediate revenue stream.

Founded in 1993 and headquartered in West Palm Beach, FL., WestonCapital earns fees on assets exceeding $1.0 billion under management.It has three lines of business: it originates and markets fund offunds; it originates and markets single-manager hedge funds; and itraises capital to seed new hedge funds. In 2010, Weston Capital andHarcourt AG formed a strategic alliance for investment manageridentification and fund seeding. Harcourt, a $4.5 billion alternativeinvestments manager that is majority owned by Vontobel Group, the $70billion Swiss banking group, is a leading global advisor of alternativeinvestments for institutional investors.  

Weston Capital founder Albert Hallac continues as CEO of WestonCapital, directing its day-to-day operations and business strategy.  Inaddition, Fund.com Chairman Joseph J. Bianco will become Chairman ofWeston Capital. Weston Capital also has offices in London and New YorkCity.    

Fund.com CEO Gregory Webster and Weston Capital CEO Albert Hallacsaid, "We believe with the Weston Capital operations when aligned withFund.com's majority interest in AdvisorShares, a developer and marketerof actively managed ETFs, Fund.com will be able to significantlyaccelerate increases of assets under management since it now has theability to seed, originate and distribute hedge funds as well as seed,originate, develop and distribute actively traded ETFs to institutionaland retail investors.  AdvisorShares, Bethesda, MD, is one of the fewcompanies that has been able to obtain approval from the US Securitiesand Exchange Commission to create actively managed ETFs. The ETF sectorhas assets more than $1 trillion and is the fastest growing segment ofthe fund management industry."

Webster added, "With Weston Capital's proven capability to seed newfund products, combined with its seasoned global institutional salesforce, Fund.com is now positioned to capture revenue streams from anarray of hedge fund and actively managed ETFs. Importantly, Weston hasthe global institutional relationships that can capitalize onAdvisorShares patent-pending exchange-traded fund platform as well aspowerful distribution capability among institutions worldwide."

AdvisorShares CEO Noah Hamman said, "Weston and AdvisorShares areperfectly complementary and we are looking forward to working withWeston to originate ETFs as well as help other managers launch their ownETFs and to market our actively managed ETFs to institutions worldwidewith the expertise of Weston Capital's established sales force. Theseactivities will greatly expand our footprint in the rapidly growingmarket of actively traded ETFs."

Hallac said, "Weston anticipates that with greater resources and anentry to the fast-growing ETF market, we will offer our existing andpotential clients a broader range of financial investment opportunities.In particular, we see great potential for growing our assets undermanagement and related fee income by expanding our seeding platform toinclude the origination and development of new actively managed ETFs."  

Under the Harcourt strategic alliance, Weston Capital and Harcourtwill seed and develop new hedge fund businesses via Weston Capital'sincubation platform. The alliance combines Weston's extensive experiencein early stage hedge fund investing and marketing with Harcourt'sproven investment expertise in global manager selection, due diligenceand risk management.

Since January 2004, Weston Capital's hedge fund seeding platform (viathe Weston-Atlas Partners Fund and the Weston Capital Partners Fund II)has provided sponsor capital for 13 emerging hedge fund managers.Weston intends to raise $250 million for its third incubation fund,Partners III, which will seed both hedge funds and actively managedETFs, with Harcourt providing investment infrastructure and riskmanagement.

About Fund.com

A diversified financial services company, New York City-basedFund.com, which has assets of $1 billion under management, focuses onthe origination, seeding and formation of both actively managed ETFs andhedge funds through its wholly owned subsidiary Weston CapitalManagement, based in West Palm Beach, FL and its majority-ownedsubsidiary, AdvisorShares, Bethesda, MD, which is one of the fewcompanies that has an exemption from the Securities and ExchangeCommission to create actively managed ETFs.  Fund.com markets globallyto retail and institutional investors.  

Other operations: an ETF and mutual fund online information resource,www.fund.com; online education programs for investors and businesses;and a strategic equity investment in a professional employerorganization that provides services to small and medium businesses,including 401k retirement plans and other services.  

About Weston Capital Management

Weston Capital Management LLC and its affiliates are an alternativeinvestment group founded in 1993. Based in West Palm Beach, Fl, withoffices in New York, and London, Weston currently employs more than 25professionals worldwide, managing in excess of $1 billion. For furtherinformation, please visit www.westoncapital.com.

About AdvisorShares

AdvisorShares is a turnkey platform for investment managers seekingto offer their investment strategy in an actively managed ETF.AdvisorShares works with best-of-breed money managers to combine theirmoney management expertise with the benefits the ETF structure provides.AdvisorShares provides sales, marketing and educational support tohelp financial advisors use AdvisorShares ETFs to help them achievetheir clients' investment goals and objectives.  AdvisorShares is aleader in actively managed ETFs and is dedicated to investor education.For further information, please visit www.advisorshares.com.

Forward-Looking Statements:

Statements in this press release regarding future performance andthe potential advantages of the products and services provided byFund.com, and any other statements about future expectations, beliefs,goals, plans, or prospects expressed constitute forward-lookingstatements within the meaning of the Private Securities LitigationReform Act of 1995. Any statements that are not statements of historicalfact (including statements containing the words "will," "believes,""plans," "anticipates," "expects," "estimates," and similar expressions)should also be considered to be forward-looking statements. There are anumber of important factors that could cause actual performance orevents to differ materially from those indicated by such forward-lookingstatements including the Company's limited operating history andeconomic conditions generally. Additional information on potentialfactors that could affect results and other significant risks anduncertainties are detailed from time to time in Fund.com's periodicreports, including Forms 10-K, 10-Q, 8-K, and other forms filed with theSecurities and Exchange Commission.

PR/Media Relations for Fund.com:   

Stern & Co.

Richard Stern, 212-888-0044 begin_of_the_skype_highlighting              212-888-0044      end_of_the_skype_highlighting

richstern@sternco.com

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