NEW YORK, Oct. 1, 2003 (PRIMEZONE) -- Stockgroup Information Systems Inc. (OTCBB:SWEB) (TSX Venture Exchange:SWB), a financial media and technology company, today announced that they have signed licensing agreements with three new AP customers.
AP has added three new Clients including Orange County register, Sphere Analytics and DataCall. All of these clients will use AP Financial Tools, a suite of news, market data and financial applications powered by Stockgroup's Financial Content Software System and provided by AP.
"We chose AP/Stockgroup because of their ability to deliver highly flexible financial data products that could easily be incorporated into our institutional trading analytics platform. Access to the highest quality, most cost-effective, data made the AP/Stockgroup solution the clear choice for Sphere Analytics professional clients," said Robert McLister, president and CEO of Sphere Analytics.
"The AP/Stockgroup allows us to generate more sales and revenues from signing agreements with large corporations. We now can offer a complete solution to our clients by providing them with financial feeds powered by Stockgroup and delivered from AP," said Jim Ammons, CEO DataCall Technologies
DataCall Technologies Corporation www.datacalltech.com provides cutting-edge information delivery solutions to a wide range of business and consumer applications
In June of this year, AP, the world's oldest and largest newsgathering organization founded in 1848 that distributes news and information to interactive applications, announced the official launch of Stockgroup's Online Financial Applications at Nexpo, the largest publishing conference in the world held in Las Vegas. AP is now actively selling the AP Financial tools, managed by Stockgroup.
"We are pleased with the progression thus far with AP. Our solution has now been accepted by several of their clients because we have demonstrated we can offer a comprehensive suite of products customers are now demanding," said Marcus New, CEO of Stockgroup. "This suite of financial applications, market data and AP news provides a flexible, scalable financial data solution with reduced development time and costs for their commercial customers."
About The Associated Press
The Associated Press, founded in 1848, is the world's oldest and largest newsgathering organization, providing news content in text, audio, video, graphics and photos to more than 15,000 news outlets with a daily reach of more than 1 billion people worldwide. AP's multimedia services are distributed by satellite and the Internet to more than 120 nations. For more information about AP Digital, visit www.apdigitalnews.com. For more information about The Associated Press, please visit www.ap.org.
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
Signed: Contact: Samantha Haynes /s/ Marcus New David Gillard, CFO Investor Relations Marcus New, CEO (800) 650-1211 800-650-1211x180
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