VANCOUVER, B.C., Feb. 18, 2003 (PRIMEZONE) -- Stockgroup Information Systems Inc. (TSX Venture Exchange:SWB) (OTCBB:SWEB) is pleased to announce that its popular StockHouse financial web portals, StockHouse.com and StockHouse.ca, have recorded over 6 million postings within their BullBoards(TM) message forums. Individual investors have come to depend on StockHouse BullBoards, one of the most popular on-line financial forums in North America, to share their opinions and gain insights into financial markets and individual stocks. In addition to topics such as Today's Top Forums, other BullBoards of interest include After Hours Trading, The Day Trader's Corner, IPOs, Technical Analysis and Investor Awareness, to name a few.
"We strive to keep our investor portals relevant to users," says Stockgroup's CEO, Marcus New. "The growing popularity of StockHouse portals and in particular, the Bullboards message forums, is evidenced by the growth in posting volume which has doubled in the last six months."
As a leading source of financial news and trading information for individual investors, Stockgroup web sites generate 50 million monthly page views, have a loyal base of over 750,000 unique monthly users and have more than 450,000 registered members. These figures give us the ability to attract more advertising revenues. Some companies already advertising on Stockhouse include Porsche, General Motors, Wells Fargo, Royal Bank, BMO (Bank of Montreal) and many more. These companies are proving to be a good source of additional ongoing revenue for Stockgroup.
In addition to a lively community of affluent, educated and plugged-in investors, StockHouse offers a multitude of valuable tools that investors need to make informed decisions. Currently, these tools include stock charts and quotes, a customizable stock portfolio, news releases and media articles aggregated from hundreds of financial sources. Stockgroup plans to more than double the number of financial software applications and technical analysis content on its sites in the coming month. Given the richness and relevance of its content to the individual investor, it is easy to understand why an average visitor session on StockHouse exceeds 18 minutes.
ABOUT STOCKGROUP
Stockgroup Information Systems Inc. is a financial media and technology company. It is a leading provider of private labeled financial content and software solutions 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
This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "expects", "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur.
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