VANCOUVER, British Columbia, April, 30 2003 (PRIMEZONE) -- Stockgroup Information Systems Inc. (OTCBB:SWEB) (TSX Venture Exchange:SWB), a financial media and technology company, announced today that they will provide Richard Ivey School of Business, financial market content, data, and applications for the use of faculty, students and alumni as a gift to the school.
Ivey's students, faculty and alumni will be able to access a suite of news, market data, financial applications and turnkey solutions that present and manage quotes, charts, user portfolios, technical analysis, watch lists and much more, powered by Stockgroup's Financial Content Software System for at least the next five years.
"Ivey's strength lies in our corporate values of excellence, integrity, teamwork and relevance. We share these values with our corporate partners who support us financially, as well as with their investments of time and talent, said Ivey's Dean, Larry Tapp. "Stockgroup has benefited from recruiting talented graduates from Ivey and an Ivey professor has written a case on this successful Canadian company. Its gift is the recognition of a mutually beneficial relationship, providing our students and alumni with a valuable information tool to support the decision-making frame work which is at the heart of an Ivey education."
Marcus New, CEO of Stockgroup, said, "Our relationship with Ivey continues to grow each year. Stockgroup has benefited from recruiting top flight Ivey MBA and HBA students. Our interaction with the Ivey faculty has been very beneficial to our strategy-making process and our exposure to student body and the more than 16,000 Ivey alumni will help to extend the Stockgroup brand in Canada, the U.S. and beyond."
ABOUT RICHARD IVEY SCHOOL OF BUSINESS
The Richard Ivey School of Business at the University of Western Ontario (www.ivey.uwo.ca) offers full-time undergraduate (HBA) and graduate degree programs (MBA and Ph.D.), Executive MBA programs, and certificate programs in executive development and entrepreneurship. Ivey has campuses in London (Ontario), Mississauga, Toronto and Hong Kong (where it was the first North American business school to build a campus in Asia).
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 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.
The TSX Venture has neither approved nor disapproved this news release.