Stockgroup Information Systems Inc.
OTC Bulletin Board : SWEB

Stockgroup Information Systems Inc.

January 17, 2008 09:01 ET

Stockgroup Appoints New VP of Licensing Sales

NEW YORK, NEW YORK--(Marketwire - Jan. 17, 2008) - Stockgroup Information Systems Inc. (OTCBB:SWEB)(TSX VENTURE:SWB), a leading financial media company, announced today Dana Stetson has joined Stockgroup as Vice President of Worldwide Sales for its licensed products.

Mr. Stetson has managed professional sales teams in major corporations and high growth companies for over 20 years. He worked recently as the Director of Broker Dealer Sales for Lava Trading, a software services company that provides order management and execution systems for traders throughout North America. Under his leadership, annual revenues of the company's order management solution, during a two year period, grew over 600% to more than $10 million dollars. Lava Trading is now a subsidiary of Citigroup. Prior to that, Mr. Stetson was also VP Sales for dynamicsoft which sold Voice over IP software solutions internationally through leading reseller and carrier partner channels. dynamicsoft revenues, during a five year period, grew from $0 to over $25 million dollars and the company was subsequently sold to Cisco Systems.

During his professional career, Dana has also worked for NeXT Computers and IBM. He has proven experience building sales organizations, selling to financial services firms and a successful track record in growing young technology companies.

As a member of the senior management team at Stockgroup, Mr. Stetson will lead licensing sales teams operating internationally, including the United States, Canada and Europe.

"Our strategy was to bring on two proven fast growth sales leaders, one for advertising monetization and the other to build out our licensing business," says Stockgroup CEO and President Marcus New. "We brought Joe McWilliams on board during the third quarter of 2007 to lead advertising sales and we are pleased to announce the appointment of Dana Stetson to direct the growth of our licensing operations. Dana and his team will focus on developing channel and partner networks to accelerate the deployment of Stockgroup's financial products and services."

"The opportunity to take Stockgroup's proven suite of desktop and mobile solutions to a world wide customer base is impressive," says Mr. Stetson. "I look forward to being a key contributor at Stockgroup as the company continues its accelerated growth."

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, a leading online financial portal owned and operated by Stockgroup. is home to Bullboards™ message board - Canada's largest community of active investors. Recognized for its engaged audience, provides a sought-after demographic for advertisers.

Legal notice regarding Trademarks

"Stockgroup", "Stockhouse" and "Bullboards" are either registered trademarks or trademarks of Stockgroup Information Systems Inc. and/or its affiliated companies in Canada, the United States and/or other countries. Other names may be trademarks of their respective owners.

Legal notice regarding Forward Looking Statements

This release contains "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. 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", "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 10-QSB for the quarter ended September 30, 2007, which are on file with the SEC at Stockgroup undertakes no obligation and does not intend to update these forward looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward looking statements, which speak only as of the date of this press release. All forward looking statements are qualified in their entirety by this cautionary statement.

To find out more about Stockgroup (OTCBB: SWEB, TSX-V: SWB), visit our website at

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