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

Stockgroup Information Systems Inc.

February 01, 2007 09:04 ET

Stockgroup Hosts Financial Thought Leadership Event With Jim Cramer

Launches the first portfolio system that enables investors to collaborate with their advisors

NEW YORK, NEW YORK--(CCNMatthews - Jan. 29, 2007) - Stockgroup Information Systems Inc. (OTCBB:SWEB)(TSX VENTURE:SWB) yesterday held its Thought Leadership Seminar in New York, sponsored by Microsoft Corp. and with keynote speaker Jim Cramer, investor advocate, author and host of CNBC's Mad Money.

In connection with the seminar, titled Technologies that Drive Client Retention and Improve Adviser-Client Communications, this event also marked the U.S. launch of StockStream™ Platinum - Stockgroup's web-based portfolio management product with innovative technologies for advisor-client collaboration and customer intelligence, aimed to improve client retention of leading retail investment firms.

The seminar brought together brokerage industry executives to discuss the potential impact of the emerging affluent retail investor demographic segment, and how technology can help empower the investor to produce an improved service model between advisor and client. Keynote speaker, Jim Cramer, Market Commentator for CNBC, led a distinguished panel of speakers which included Matt Bienfang, Research Director, TowerGroup; Craig Saint-Amour, Capital Markets Industry Solutions Director, Microsoft's U.S. Financial Services Group; and Marcus New, President and Chief Executive Officer of Stockgroup.

Jim Cramer, investor advocate and best-selling author, opened the conference by providing insights. "Financial institutions have by and large overlooked the segment of investors with $50,000, referred to as the emerging affluent. These people, early in their careers, represent the future profits for the brokerage institutions. The institutions that provide the best online experience and the best use of technology will win. With the launch of StockStream Platinum, Stockgroup and Microsoft are taking the investor experience with their advisor to new heights," Mr. Cramer said.

Matt Bienfang, Research Director, Brokerage and Wealth Management at TowerGroup, commented, "How firms communicate with their customers is up to the customers. Firms must invest in collaborative tools and other technologies to help re-engage the front office with its customers. Technologies such as those developed by software companies like Stockgroup and Microsoft will change how people use the Internet to manage their financial assets."

Craig Saint-Amour, Capital Markets Industry Solutions Director, Microsoft's U.S. Financial Services Group, said, "Today's financial advisor has on average 250 clients representing all age groups and investment interests. Many of these clients have growing sophistication about the market, yet no standard form of collaboration and communication. Microsoft software provides a platform for software products such as StockStream to provide solutions that empower financial advisors to work more effectively within and across organizations - ultimately giving them a real-time, 360 degree view of a customer's financial situation."

"New technologies are driving the evolution of the advisor-client relationship, specifically in customer profitability and client retention," stated Marcus New, President and CEO of Stockgroup. "In StockStream, we have developed a powerful collaboration tool to improve communications and enhance the online experience for the mutual benefit of both advisor and client."

About StockStream Platinum

StockStream is a real-time, streaming portfolio management product designed for Retail Investors. Offered by the investment firm to its high-value clients, it supports the advisor's strategies to increase client retention and enhance client communications. In addition to providing quotes, market depth, charts, alerts, news and portfolio analysis, the product utilizes Stockgroup's collaboration technology to enable advisors and clients to simultaneously view the online portfolio as well as set alerts by the advisor for the client. With this enhanced online customer experience, they are able to discuss investment strategies and portfolio performance in a new way that deepens the advisor-client relationship. StockStream Enterprise offers valuable customer intelligence, to allow the advisor to identify client wallet-share, potential profitability, most-held stocks, and trading behavior.

About The Event Speakers

Jim Cramer

Jim Cramer graduated magna cum laude from Harvard College, in 1977, where he was President of The Harvard Crimson. He then worked at the Tallahassee Democrat and the Los Angeles Herald Examiner, covering everything from sports to homicide, before moving to New York to help start American Lawyer magazine. After a three-year stint, Cramer entered Harvard Law School and received his J.D. in 1984. He then passed the New York Bar Exam, but instead of practicing law, went directly to Goldman Sachs, where he worked in sales and trading. In 1987 he left Goldman to start his own hedge fund, where over a fourteen year period he delivered a compound return of 24% after all fees, substantially in excess of the market during that same period. While he worked at his fund he helped start Smart Money for Dow Jones and then in 1996, he co-founded TheStreet.com, the online portal of financial opinion and analysis. In 2000, he retired from active money management to embrace media full-time, including radio and television. He is a markets commentator for CNBC and TheStreet.com, and host of CNBC's Mad Money with Jim Cramer. He is the author of several books on investing, such as "Confessions of a Street Addict," "You Got Screwed," "Jim Cramer's Real Money," and most recently "Jim Cramer's Mad Money: Watch TV, Make Money."

Matt Bienfang

Matt Bienfang is Research Director, Brokerage and Wealth Management, at the TowerGroup. Mr. Bienfang has over 17 years of experience in the brokerage industry. He consulted to brokerage firms, and helped his clients utilize technology to help streamline operational processes and delivery channels. Previously, Mr. Bienfang was Executive Vice President of a large Independent Broker-Dealer, responsible for brokerage operations and program development. He has held positions as head trader and senior manager leading many initiatives, where technology was always an integral component of the initiative.

Craig Saint Amour

Craig Saint-Amour, leads Microsoft's U.S. Capital Markets team of sales and strategy professionals. With a total of 30 years of U.S. and international business experience, including responsibilities for sales, operations, and strategic planning, Saint-Amour has focused the last 20 years on the financial services industry. Prior to joining Microsoft, Saint-Amour worked for Sun Microsystems, driving its U.S. capital markets industry solutions, and before that, he spent 10 years with Digital Equipment Corp. within the Corporate Accounts Program. He's also had tenures with Wang Laboratories and IBM.

Marcus New

Marcus New is the President and CEO of Stockgroup Media Inc. He founded Stockgroup in 1995. He acquired StockHouse.com in 2003. With his vision and strategy, he has built StockHouse into one of the top media brands in Canada. Mr. New was a finalist in the Ernst & Young Entrepreneur of the Year Awards in 2005. Previous to Stockgroup, he was VP of Investor Relations at AmCan Public Relations Group. Mr. New is a business leader and sought-after speaker.

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 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