biz.yahoo.com
Wednesday September 8, 10:33 am Eastern Time
Company Press Release
SOURCE: Stockgroup.com Holdings, Inc.
Stockgroup.com Sets Strategic Initiatives For Upcoming Launch Of
'Next Generation' Site
Company Confirms October 5 Launch Date
VANCOUVER, B.C., Sept. 8 /PRNewswire/ -- Stockgroup.com Holdings, Inc. (OTC Bulletin Board: SWEB - news), an award-winning
supplier of Internet news and information on the small- and micro-cap markets and one of the most popular destination communities on the
Internet, announced today a series of strategic initiatives to support and promote the launch of its ``Next Generation' site scheduled for
launch on October 5, 1999.
``The launch of the 'Next Generation' site is the most exciting period in our Company's history,' said Marcus New, Chairman and Chief
Executive Officer of Stockgroup.com. ``Historically, limited information and biased editorial content have plagued the small- and
micro-cap sector. Stockgroup.com's scheduled launch of its 'Next Generation' site on October 5, will help solve many of these problems
by providing in-depth analysis, commentary and information on stocks that previously had little or no visibility.'
Stockgroup.com's 'Next Generation' site will be comprised of:
The industry's largest proprietary database of small- and micro-cap stocks
A first-of-its-kind editorial news service that provides comprehensive information on small- and micro-cap companies
Industry leading research tools
Stockgroup.com's proprietary database will be the industry's largest source of information on small- and micro-cap stocks. The database
will offer investors information on approximately 22,000 companies, including thousands of previously uncovered small- and micro-cap
companies. Features of the database will include company descriptions, contact information, financials, institutional holdings, newsletter
and analysts reports, and other sources of investor information not currently available on most other Internet sites.
The Company's increased editorial news service will provide investors with information traditionally not found through other small- and
micro-cap channels. These news stories headed up by a team of industry leading journalists and reporters are completely unbiased,
allowing investors to make the most educated and informed decisions. The editorial news service will initially provide 10 to 15 original
small-cap stories posted on a real-time basis throughout the day. This service will be similar to theStreet.com but exclusively focused on
the smallcap markets and stories.
Stockgroup.com's ``Next Generation' site also contains new and improved research tools to help investors identify the most exciting
opportunities in the small- and micro-cap sector. Investors will be able to conduct peer comparisons, utilize advanced charting tools,
locate hard-to-find market and financial data, and much, much more.
Mr. New continued, ``The services on our 'Next Generation' site will provide small- and micro-cap investors with opportunities never
before possible. The proprietary database will help investors identify opportunities on thousands of small-cap companies that previously
had no visibility in today's stock market. Our award-winning reporters and journalists will provide investors with the most in-depth news
stories and commentaries in an unbiased manner, a feature that virtually no other Internet site offers. And our new and improved research
tools will help investors make the most educated and informed decisions by using the most advanced analytical, charting, and technical
tools.'
In addition to announcing the October 5 launch date, Stockgroup.com has also set a series of strategic initiatives aimed at supporting and
promoting the launch of the ``Next Generation' site. Execution of this strategy will occur in three distinct phases:
Expansion of Editorial and Research staff
Formation of strategic partnerships with major Internet companies
Launch of a major media campaign
To increase depth of coverage Stockgroup.com has more than tripled its employee base in the past six months to more than 65 employees
and plans to reach 100 by the end of the year. The Company most recently announced its expansion into New York City.
In preparation of the launch of the ``Next Generation' site, Stockgroup.com is forming additional alliances with major Internet and
publishing firms. These alliances will focus on providing increased content and on driving increasing traffic to the ``Next Generation' site.
The media campaign will highlight Stockgroup.com's ``Next Generation' site and consist of cable business television commercials, print
advertisements in major financial publications, as well as intensive advertising on the Internet.
Mr. New concluded, ``We've left no stone unturned in preparation for the launch of our 'Next Generation`` site scheduled for October 5. In
the coming weeks, you will see Stockgroup.com execute on each and every outlined strategy. We look forward to the weeks ahead and the
launch of our new website.'
About Stockgroup.Com
Stockgroup.com was founded in 1995 and has offices in New York, San Francisco, Vancouver, Calgary, and Toronto. Stockgroup.com is
a leading online provider of financial news and information services. The Company's website, www.stockgroup.com , focuses on the
small- and micro-cap markets and is one of most popular destination Communities on the Internet. In addition to providing news and
information, the Company provides Internet development and marketing services to small- and micro-cap companies.
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.
SOURCE: Stockgroup.com Holdings, Inc. |
