VANCOUVER, B.C., March 18, 2003 (PRIMEZONE) -- Stockgroup Information Systems Inc. (OTCBB:SWEB) (TSX Venture Exchange:SWB), a leading provider of financial information and technology and National Bank Financial, a wholly owned subsidiary of National Bank of Canada (BNC), today announced the launch of a new financial resource portal for National Bank Financial's clients. The financial resource portal is powered by the software tools and content in Stockgroup's proprietary Financial Content Management System. National Bank Financial is one of the leading securities dealers in Canada.
National Bank Financial's newly launched customized financial solution will provide online market data products for their clients. The complete suite of market data tools will benefit their clients by providing them with market data research tools such as, Stock Screeners, Mutual Fund Screeners, Technical stock analysis, Market Indices, Stock Charts, Stock Watch Lists, Portfolio Managers, Market Movers, Scrolling Tickers and much more.
Stockgroup's Financial Content Software System is made up of a suite of over 30 proprietary financial software tools and 150 different data sources that disseminate data from all North American exchanges and from a database of over 21, 000 publicly traded companies. The functionality of a number of the tools licensed to National Bank Financial is customized by Stockgroup to meet the specialized needs of National Bank Financial's clients. All tools are accessible in both English and French.
"We are very pleased to go live with our solution for National Bank Financial. We feel this will benefit their clients by providing them with some of the most reliable market information available and furthermore adding to the strength of our ability to provide large corporations with such an important solution," stated Marcus New, CEO of Stockgroup.
Stockgroup's Financial Content Software System and its Disclosure and Awareness Products for publicly traded companies are proving to be an increasingly significant source of reoccurring monthly revenue for the company. Stockgroup has annual revenues in excess of C$3.0MM and over two hundred corporations in Canada and the United States are now licensing or using Stockgroup products under annual or multi year contractual agreements.
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
About National Bank Financial
National Bank Financial is one of the largest investment dealers in Canada, counting over 3,100 employees active in more than 100 offices across Canada, the United States and in Europe. Created through a merger between First Marathon and Levesque, Beaubien, Geoffrion in 1999, National Bank Financial is a wholly owned subsidiary of National Bank of Canada. The firm offers a large array of financial services to individual investors, to private and public-owned corporations, and to government agencies. The firm is also well known for its correspondent brokerage services to third parties. National Bank Financial is a member of the Canadian Investor Protection Fund.
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.
The TSX Venture has neither approved nor disapproved this news release.