Stockgroup Information Systems Inc.
OTC Bulletin Board : SWEB

Stockgroup Information Systems Inc.

June 02, 2005 16:00 ET

Stockgroup Announces Management Changes in Line with Strategic Plan

NEW YORK, NEW YORK--(CCNMatthews - June 2, 2005) - Stockgroup Information Systems Inc., (OTCBB:SWEB)(TSX VENTURE:SWB) today announced Mr. David Gillard, CFO, has resigned from the Company to pursue other ventures.

The Company expects to announce the addition of a new CFO within the next few weeks. The current controller will temporarily fill the position while the recruitment process is concluded.

"David has played an instrumental part in Stockgroup's past success," stated President and CEO Marcus New. "I wish David the best as he goes forth to pursue new endeavors."

"I am extremely proud of the Stockgroup people and products," reports Mr. Gillard. "Now that the Company is on a solid fundamental footing and showing strong growth, I see this as a logical time to step aside to pursue new business opportunities."

About Stockgroup Information Systems Inc.

As an online media company, Stockgroup Information Systems provides a complete financial data source for investors, investment advisory firms, press and media organizations.

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

This release has neither been approved nor disapproved by the TSX.

Contact Information

  • The Howard Group
    David Gordon
    Investor Relations
    The Howard Group
    Grant Howard
    Investor Relations