VANCOUVER, British Columbia, Sept. 30, 2003 (PRIMEZONE) -- Stockgroup Information Systems Inc. (OTCBB:SWEB) (TSX Venture Exchange:SWB) announced today they entered into a licensing agreement with Path 1 Network Technologies Inc. (AMEX:PNO) the pioneer and industry leader in providing broadcast quality video-over-IP networks. Path 1 will license Stockgroup's IntegratIR Software System.
Stockgroup's IntegratIR software system offers a completely new way to manage a public company's shareholder communications and reach new investors. The IntegratIR is an investor relations website and email management system that functions as a software application giving the IRO desktop control over the investor relations portion of the website. The IntegratIR seamlessly integrates into a public company's existing website and reflects the company's branding, look and feel.
"We chose Stockgroup's IntegratIR software system because it gives us complete control of the individual elements of our IR site. The best part is that you can quickly and easily make updates and changes yourself at anytime, from anywhere you have Internet access. It allows us to maintain professionalism and provides us with a simplified new solution to enhance our online communication with shareholders and the investment public," said David Carnevale, Vice President of Marketing at Path 1 Network Technologies Inc.
The IntegratIR automates the updating of the public company's critical time sensitive disclosure information on its Internet site. News releases, financial reports, OSC filings, quotes, interactive charting, and other disclosure documents are updated through Stockgroup's IntegratIR software. The IntegratIR also interacts with a sophisticated email database response system for shareholders and investors. It automates the delivery of news and messages to the shareholder database and other mailing lists of the company in addition to allowing the shareholders to chose the information they wish to receive.
"We developed IntegratIR Software System to allow companies to simplify and enhance their investor relations processes, more effectively communicate with shareholders and potential investors, and better achieve their disclosure requirements under Regulation FD," said Marcus New, CEO of Stockgroup.
About Path 1 Network Technologies Inc.
Path 1 Network Technologies Inc. develops products that enable the transportation and distribution of real-time, broadcast quality video over Internet Protocol networks. From the delivery and distribution of broadcast materials to Video on Demand (VOD), Path 1's video infrastructure platforms allow high quality transmission of point-to-point, multipoint and multiplexed data over legacy IP systems. For additional information please visit www.path1.com or call 877/ONE-PATH (663-7284).
ABOUT STOCKGROUP
Stockgroup Information Systems Inc. is a financial media and technology company. It is a leading provider of private labeled Financial Software and Content Systems to media, corporate and financial services companies. Stockgroup employs proprietary technologies which enable its clients to provide financial data streams and news combined with cutting edge fundamental, technical, productivity and disclosure tools to their customers, shareholders and employees at a fraction of the cost of traditional internal methods. Stockgroup is also a provider of Public Company Disclosure and Awareness Products for publicly traded companies. Its financial Web sites including www.stockhouse.com, www.stockhouse.ca and www.smallcapcenter.com are state-of-the-art online research centers for the investment community. To find out more about Stockgroup (OTCBB:SWEB) (TSX Venture Exchange:SWB), visit our website at www.stockgroup.com
The TSX Venture Exchange has neither approved nor disapproved this news release.
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