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

Stockgroup Information Systems Inc.

May 01, 2008 09:00 ET

Stockgroup Appoints Theresa McVean Vice President of Advertising Sales

NEW YORK, NEW YORK--(Marketwire - May 1, 2008) - Stockgroup Information Systems Inc. (OTCBB:SWEB)(TSX VENTURE:SWB), a leading financial media company, announced today that it has appointed Theresa McVean as Vice President of advertising sales. Ms. McVean has more than 18 years of online advertising experience, including managing advertising teams for leading publishers and directing the buying of online advertising programs at leading advertising agencies. Most recently, she served as a consultant for several top industry companies such as the Interactive Advertising Bureau (IAB) and TNS Media Intelligence. Ms. McVean previously served as the managing director of online advertising at the Toronto Star/Star Media Group, Canada's largest daily newspaper. Ms. McVean participated as a key member of TheStar.com's online executive team.

"Stockhouse is a dynamic and growing web franchise that is ready for new initiatives to monetize its user base," said Marcus New, chief executive officer of Stockhouse. "We have recently strengthened our online advertising group with new technology for inventory management and experienced personnel in sales and advertising web-traffic management. We are fortunate to now have Theresa on-board to lead our advertising group to increased sales."

McVean also held senior level positions at The Globe and Mail/Bell Globemedia, one of Canada's largest media companies, Euro RSCG 4D, the world's largest global interactive agency, and CTVGlobemedia. Ms. McVean serves on the Interactive Advertising Bureau's (IAB) board of directors.

"Stockhouse has a commanding market position in its niche, as its online community represents a highly desirable demographic for premium advertisers," said McVean. "I look forward to working with the Stockhouse advertising team to realize its advertising revenue potential."

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.

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-K for the year ended December 31, 2007, which are on file with the SEC at www.sec.gov. 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 www.stockgroup.com.

The TSX Venture Exchange and the OTCBB have not reviewed and do not accept responsibility for the adequacy or accuracy of this press release.

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