Stockgroup Information Systems (SWEB)
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Stockgroup Information Systems (SWEB) |
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SWEB's tools and services save clients money by letting a company avoid the high start-up costs and extensive time needed to develop their own capabilities. SWEB becomes a convenient "one-stop-shop" and offers clear advantages as opposed to the difficulties involved in dealing with multiple vendors. The company breaks its sales into two main segments: 1) Financial Software and Content. Yankee Group estimates the content management industry will grow to $3 billion in 2004. Stockgroup has focused on the finance sector, this represents a staggering market of which SWEB is one of only a few main competitors. Currently this market is very fragmented and Stockgroup's products give it a viable chance to be the leader in market share. Stockgroup has developed proprietary financial applications and tools that it licenses to public and private companies of all sizes, Internet sites and financial services firms. Customers will typically utilize SWEB’s solution to provide news and information from over 100 sources about financial markets, public companies and industries for use on external web sites, internal Intranets and extranets. Customers typically buy 12 to 24 month licenses that automatically renew. This provides the company with recurring future revenue. Clients generally pay an initial set up fee for the service and then pay for the applications and custom tools of their choice on a monthly basis. Stockgroup is an authorized reseller of data from over twenty five third party data feeds, among them; Marketguide, Comtex, Globe Interactive, Multex, NAQ and Vickers. The company also distributes financial tools through other syndicates and resellers including Yellowbrix, Comtex News Network, Canadian Press and Clarinet Communications. Customers
can take delivery of the information in four different formats:
2) Shareholder Disclosure and Communication Products. SWEB's financial web site www.smallcapcenter.com is a state of the art online research center for the investment community that aims to serve as a vehicle for over 21,000 public companies to more efficiently communicate with shareholders. Among the products included in this segment are IntergratIR, this software application allows companies to more effectively communicate with shareholders and potential investors with respect to the new SEC regulation FD, so that they can better achieve their disclosure requirements. It can be seamlessly integrated into a public company's existing web site and reflect the company's branding, look and feel. The benefit of using IntergratIR are many, chief among them is the ability of a company to automatically update its time sensitive disclosure information on its Internet site. It should be noted, that on February 13, 2002 the
SEC announced a proposal to require publicly traded corporations to post active
links to SEC filings on their site. The proposal would further require companies
to make this posting simultaneously with the posting of filings on the SEC's
website. When this proposal takes effect, the demand for IntegratIR will
increase dramatically. Other services
available in this segment include include online marketing, media service, web
site design and maintenance. The IntegratIR In the Spring of 2001, Stockgroup announced the initial Beta launch of its innovative web-based investor relations software application, the IntegratIR. The IntegratIR allows companies to more effectively communicate with shareholders and potential investors so they can better achieve their disclosure requirements. The IntegratIR is a communications tool that seamlessly integrates into a public company's existing web site and reflects the company's branding, look and feel. The IntegratIR automates the updating of the public company's critical time sensitive disclosure information on its Internet site. News releases, financial reports, SEC filings, quotes, interactive charting, and other disclosure information is updated with Stockgroup's IntegratIR software. The IntegratIR also interacts with a sophisticated email database response system that automates the delivery of news and messages for the public company to its shareholder database and its other mailing lists. The full version of the IntegratIR was launched in the fall of '01. The IntegratIR features:
Public Company Communication Products The Investor Marketplace is a communication tool for public companies, where companies can be featured online to prospective investors, targeted Email marketing to an exclusive list of opt in investors and sector supplement advertising on smallcapcenter.com. Sector supplement advertising allows companies to advertise themselves in a section of smallcapcenter that exclusively covers their company's business segment, advertising is also sold on smallcapcenter. The products developed by Stockgroup over the past five years enable the Company to offer Shareholder disclosure and communications products for Public Companies to a rapidly growing customer base while maintaining a high sales margin. The revenues derived from this source are typically contractual over a specified term (typically twelve months), and thus generate repetitive, ongoing revenue streams.
Stockgroup has evolved from a web site portal offering financial news and advertising to investors and clients into a leading media distributor. Management was quick to recognize the "dot com" model, relying on advertising revenue would not suffice in and of itself. The company has since focused on expanding into the high margin financial information and content arena and providing software solutions. The company has been rapidly expanding its distribution network with the recent signings of resellers Comtex and Canadian Press. The closest Competitors include CCBN, Shareholder.com and Screaming Media and these should most likely be weighted when deriving comparable figures. Even so, SWEB's stands alone in its unique proprietary offering and niche market. Clients pay a set-up fee and monthly licensing fee for each application. Stockgroup distributes financial tools through content and application syndicates, such as Yellowbrix, through channel resellers such as Comtex News Network, Clarinet Communications, and through its own sales team. These financial tools, applications and content systems cover the entire North American market including mutual funds, commodities, and equities. Stockgroup brings in over 25 different market feeds through satellite, ftp, xml, and other delivery formats. SWEB has built and maintains its proprietary middleware solution that aggregates the multiple feeds, translates and builds a common database infrastructure. Stockgroup's system then cleans, filters, and maintains the data in a common database structure. A sophisticated server cluster and security system backs this content/data management system. The company has the distinct advantage of being able to offer its Smallcapcenter.com and StockHouse.com services with its financial tool products. Because many of its clients are in need of both services the company can and does take advantage of this cross marketing opportunity. Stockgroup's recent acquisition of StockHouse will benefit the company by:
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Marcus New, Founder, Chairman and Chief Executive Officer, founded Stockgroup in 1995 and developed the Company to be the leading provider of financial software and information. Mr. New has been nominated as Entrepreneur of the Year for Ernst & Young Pacific Division, been a recipient of Business in Vancouver’s top 40 under 40 award, is a member of the Who’s Who in Business and his company has been named the 35th fastest growing company in Canada by profit magazine. The company has built a client roster based on his ideas for Internet marketing and private labeling software and content. He has been a guest speaker to the New York Society of Security Analysts and has appeared on national broadcasts including CNBC, CNNfn, Bloomberg Radio and Investors Online. Prior to founding Stockgroup, Mr. New was VP of Investor Relations for AmCan Public Relations Group Inc., a company specializing in developing investor campaigns for small cap companies. Mr. New received a Bachelor of Arts degree majoring in Business from Trinity Western University. Leslie A. Landes, President, Chief Operating Officer and Director, joined the Company in August 1998 and has been an advisor since its inception. Previously Mr. Landes founded Landes Enterprises Limited, a privately held interim turnaround management company that advised clients in several industries, including telecommunications and technology. Prior to forming Landes Enterprises in 1992, Mr. Landes spent 13 years with the Jim Pattison Group, Canada's third largest privately held company with sales in excess of $3 billion and over 13,000 employees. He served as President of The Jim Pattison Sign Group, Outdoor Group and Communications Group, which included radio and television stations and print publications. Ultimately he was appointed President of Jim Pattison Industries Ltd. and Senior Vice President of the parent Jim Pattison Group, responsible for the group’s acquisitions and divestitures with involvement in the management of the group’s 50 diversified companies. Under his direction the sign group was built into the largest electric sign company in the world. He is a director of a number of public and private companies. He has served as a director of many industry and community organizations and was Chairman of the Washington based International Sign Association. David Gillard, CGA Chief Financial Officer, Mr. Gillard brings 12 years of accounting experience to Stockgroup. He has been with Stockgroup since March 2000. Prior to joining Stockgroup, he spent over 6 years in the accounting department of Maynards Industries, one of the largest asset conversion companies in North America. He is a graduate of the British Columbia Institute of Technology, and has been a Certified General Accountant since 1996. Don Whiteley Editor-In-Chief, Don Whiteley has more than 20 years experience as a journalist, working for major North American news outlets including the Boston Globe, the Calgary Herald, the Ottawa Journal, and the Vancouver Sun. His business writing has won several national journalism awards. He has a Bachelor of Arts Degree in Journalism from Northeastern University. Directors David
N. Caddey, B.Sc., M.Sc.,
Director,
has over 26 years experience in business and program management. He is
currently a Vice President of MacDonald Dettwiler
and Associates (TSE-MDA), a TSE 300 company; that designs, manufactures,
operates and markets space technology and satellite services. Mr. Caddey
is General Manager of the Space Missions Group and manages construction of the
Radarsat-2 spacecraft and associated ground infrastructure, valued at over
$350 million, as well as construction of the Space Station Mobile Servicing
System. Lee
deBoer,
Mr. deBoer has over 20 years experience in the
strategic development of national media programming, advertising sales and
content development. Mr. deBoer spent 17 years at
HBO culminating in the positions of Executive Vice President of HBO Inc. and
President of its International division, where he played an instrumental role
in helping negotiate and broker deals that significantly increased the
company’s presence in its International markets. Currently Mr. deBoer
serves as President at MediaFutures, Inc. with
clients in the Internet and cable broadcasting industries. He provides
strategic counsel for such companies as Hearst New Media, Cox Enterprises,
Rainbow Programming as well as several emerging growth companies. Prior to
joining MediaFutures, he was Chief Executive
Officer at New Century Network, an online company formed by a consortium of
the nine leading US newspaper organizations, including, Advance
Communications, Cox Communications, The Chicago Tribune, Hearst, Gannett,
Knight-Ridder, Inc., The New York Times, The Washington Post and Times-Mirror.
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| July 11, 2002
June 21, 2002 June 19, 2002 June 7, 2002 May 31, 2002 May 30, 2002 May 15, 2002 May 14, 2002 Apr 16, 2002 Apr 3, 2002 Mar 29, 2002 Mar 27, 2002 Mar 26, 2002 Mar 26, 2002 Mar 19, 2002 Mar 7, 2002 Feb 22, 2002 Feb 19, 2002 Feb 11, 2002 Feb 4, 2002 Jan 28, 2002 Jan 14, 2002
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| SWEB
filings with
the SEC can be found here.
The latest filing was a form 10QSB on 5/15/02. |
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| Stockgroup Vancouver 500 - 750 West Pender Street, Vancouver, B.C., Canada V6C 2T7 Phone: (800) 650-1211 Fax: (604) 331-1194 Toll Free: 1-800-650-1211 Email: ir@stockgroup.com
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IMPORTANT DISCLAIMER 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. ™pending. Investor Communications is an independent electronic publication providing information on selected public companies. Any company profiled by Investor Communications pays cash or stock consideration for the electronic dissemination of the company's information for a specified time period and/or our comments about the company and/or our development of the company's website. Section 17(b) of the Securities Act of 1933 requires that Investor Communications fully disclose the type consideration (i.e. cash, free trading stock, restricted stock, restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. Investor Communications is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or advise pertaining to the purchase or sale of the securities mentioned in our web site or publications. The information contained in our website and publications are carefully compiled by Investor Communications based upon sources that we believe to be reliable. Investor Communications, however, does not guarantee the accuracy of any information contained in our website or publications. Moreover, Investor Communications does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data made by us or the profiled companies in our website or publications. Investors should not rely solely on the information contained in our website or publications. Instead, investors should use the information provided on the profiled companies only as a starting point for conducting additional research that will permit them to form their own opinions regarding an investment in the profiled company's securities. The receipt of the information contained in our website or publications shall not create, under any circumstance, any implication that there has been no change in the affairs of the profiled company since the date of our comments regarding the company or the date of the profiled company press releases or other information disseminated via our website or publications. The information contained in our website and publications may pertain to small cap and/or thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities. Investor Communications may liquidate the stock consideration it receives at any time it deems it appropriate to do so. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company's securities. The following companies have paid, or have agreed to pay the parent company of Investor Communications to: distribute the company's information and reports in an email newsletter; post company links on featured companies page, and compile and distribute quarterly reports in an email newsletter. Stockgroup Information Systems Inc. has paid in services exchanged at an estimated value of $150,000 for Investor Relations and research services for a period of one year. |
