Remark Media Expands USTaxCenter (IRS.com) to Provide Online Tax Preparation & E-Filing

LAS VEGAS, Jan. 19, 2016 /PRNewswire/ -- Remark Media, Inc. (NASDAQ: MARK), a global digital media company, today announced that its USTaxCenter (www.IRS.com) is expanding to offer individual income tax preparation and filing services directly to consumers. This is a major step towards Remark's goal of making the USTaxCenter a top filing resource for American taxpayers.

"The tax-filing industry is more technology driven than ever before," said Kai-Shing Tao, Remark's CEO," and most taxpayers want an easy-to-use online option that is both secure and affordable. Our website now offers a robust platform for self-directed tax preparation."

The USTaxCenter attracts a large volume of organic and direct traffic, thanks in part to its strong URL (www.IRS.com), and has already built a strong customer base over the years by featuring carefully-curated content and trusted third-party financial products. Going forward, the USTaxCenter is shifting its focus toward cultivating direct relationships with its users. "The US Tax Center has always been a top resource for tax information, so the addition of tax preparation and filing services was the next logical step," continued Mr. Tao.

The USTaxCenter offers four federal packages from which taxpayers can choose: Free, Basic, Deluxe, and Premium. All packages are competitively priced and include customer support.

Remark's team will continue to publish unique, high quality content on the US Tax Center website while maintaining and developing key partnerships in the tax vertical. The company plans to integrate all of its tax products in the future, including its tax extension properties, FileLater.com and TaxExtension.com.

About Remark Media, Inc.
Remark Media, Inc. (MARK) is a global digital media company which owns and operates digital media properties, such as websites and applications for mobile devices, that provide unique, dynamic digital media experiences in multiple content verticals including travel, personal finance, social media, young adult lifestyle, and entertainment. The company is headquartered in Las Vegas, Nevada, with additional operations in Beijing and Chengdu, China. For more information, please visit the company's website at www.remarkmedia.com.

For more information, please visit www.remarkmedia.com.

Forward-Looking Statements
This press release contains "forward-looking statements," as defined in Section 27A of the Securities Act of 1933, 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: its losses and need to raise capital; its ability to procure content and monetize audiences; recent and future changes in technology, services and standards; a disruption or failure of its or its vendors' network and information systems or other technology relied on by Remark Media; changes in consumer behavior, including changes in spending behavior and changes in when, where and how content is consumed; the popularity of its products and services; changes in its plans, initiatives and strategies, and consumer acceptance thereof; competitive pressures, including as a result of user fragmentation and changes in technology; changes in advertising market conditions or advertising expenditures due to, among other things, economic conditions, changes in consumer behavior, pressure from public interest groups, changes in laws and regulations and other societal or political developments; piracy and Remark Media's ability to exploit and protect its intellectual property rights in and to its content and other products; restrictions on intellectual property under agreements with third parties; challenges inherent in developing an online business; reliance on key personnel; risks of business in foreign countries, notably China and Brazil, including obtaining regulatory approvals and adjusting to changing political and economic policies; governmental laws and regulations, including unclear and changing laws and regulations related to the Internet sector in foreign countries, especially China; general industry conditions and 3362408-1 competition; and general economic conditions, such as advertising rate, interest rate and currency exchange rate fluctuations. These risks and uncertainties could cause the company's 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.

Remark Investor Relations Contact:
Douglas Osrow
Remark Media, Inc.
702-701-9514

Investor Relations Contact:
Becky Herrick / Kirsten Chapman
LHA Investor Relations
[email protected]
415-433-3777

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SOURCE Remark Media, Inc.

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