NEW YORK, Oct. 8, 2004 (PRIMEZONE) -- Stockgroup Information Systems Inc. (OTCBB:SWEB) (TSX Venture Exchange:SWB), a leading provider of financial information and technology, today announced the signing of an agreement in which Stockgroup will provide its Financial Software and Content Systems to Canaccord Capital.
"Stockgroup is very pleased to have been chosen to provide up-to-date financial and business information and cutting edge analytical tools, to Canaccord," stated Marcus New, Chairman and CEO of Stockgroup. "Our products, combined with research and investment advice -- some of the best in the industry -- create an incredible overall package to meet the changing and demanding needs of Canaccord's customers. We are pleased to be able to work with Canaccord in helping them to define part of their business and customer strategy."
Stockgroup's Financial Software and Content Systems is a suite of over 30 proprietary financial software tools, using the combined depth of over 100 different data sources. Stockgroup integrates the content into specialized products and managed services for financial services companies and the publishing industry. In addition, Stockgroup has a suite of products for public companies to manage the infrastructure for their disclosure and regulatory requirements. For more information on Stockgroup's products for financial service providers, media and corporate customers please phone 800-650-1211.
ABOUT STOCKGROUP INFORMATION SYSTEMS INC. (www.stockgroup.com)
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.
The TSX Venture has neither approved nor disapproved this news release.