Stockgroup Information Systems Inc.
TSX VENTURE : SWB
OTC Bulletin Board : SWEB

Stockgroup Information Systems Inc.

January 29, 2007 09:00 ET

Jennings Capital Inc. Initiates Coverage of Stockgroup Information Systems

NEW YORK, NEW YORK--(CCNMatthews - Jan. 29, 2007) - Stockgroup Information Systems Inc. (OTCBB:SWEB)(TSX VENTURE:SWB) announced that Jennings Capital Inc. has published an equity research report on Stockgroup by its technology analyst, Ron Shuttleworth. Jennings Capital is an independent full service investment dealer registered in Canada and the U.S.

"We are very pleased that Jennings Capital has initiated coverage of Stockgroup," said Steve Gear, Director of Capital Markets.

To Obtain the Research Report

Copies of this research report can be obtained by visiting www.jenningscapital.com.

About Jennings Capital Inc.

Jennings Capital Inc. is an independent full-service investment dealer with its Head Office located in Calgary, Alberta. Jennings also has additional branch offices in Toronto and Vancouver. There are many services available to Jennings clients. Its current securities business has several main segments including:

- Independent retail brokerage and private client wealth management

- Investment banking, institutional sales and trading and in-house research operations focused on small and mid cap market oil and gas producers, mining, health and biotech, forestry, technology, and non-resource growth companies

About Stockgroup Information Systems Inc.

Stockgroup™ is a leading financial media company focused on user-generated content and collaborative technologies. The Stockgroup platform for web-based portfolio management and financial content is licensed to top North American brokerage firms and media companies. This platform is also extended through StockHouse.com, a leading online financial portal owned and operated by Stockgroup. StockHouse.com is home to BullBoards™ message board - Canada's largest community of active investors. Recognized for its engaged audience, StockHouse.com provides a sought-after demographic for advertisers.

To find out more about Stockgroup (OTCBB: SWEB, TSX-V: 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. More information about potential risk factors that could affect our business is included in the Company's Form 10-QSB for the quarter ended September 30, 2006, which are on file with the SEC and available at the SEC website at www.sec.gov. Stockgroup is not endorsing any opinion by Jennings Capital. Stockgroup is not obligated to update these forward-looking statements to reflect events or circumstances after the date of this document.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Stockgroup Information Systems Inc.
    Steve Gear
    Director of Capital Markets
    1-800-650-1211
    Website: www.stockgroup.com