DAG MEDIA INC. Announces The Establishment Of An In-House Investor Relations Department.

Kew Gardens, NY, November 2, 1999 -DAG Media, Inc. (NASDAQ: DAGM)
Following the decision made on September 27, 1999 by DAG Media's Board of Directors to terminate its investor relations consultant, Wall Street Relations Group, due to poor performance, DAG Media decided to bring the investor relations function in-house. This new department will be headed up by Mr. Joseph P. Ratti, MBA., CFP, FLMI, who has been involved in the financial world for twenty-six years.

Throughout his career, Mr. Ratti has successfully established, re-organized and expanded marketing efforts for various companies. "Mr. Ratti's expertise and unique experience in strategic planning, product development and building sales organizations should assist DAG Media in attaining its fullest potential. We are confident in Mr. Ratti's ability to increase the public's awareness of DAG's outstanding performance," said Assaf Ran, Chief Executive Officer.

DAG Media Inc.
Joseph Paul Ratti
(732) 918-2186


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