July 21, 2008 07:30 ET
Stockgroup Announces Name Change to Stockhouse, Inc. and Symbol Change
Change Aligns Corporate Identity with Stockhouse.com
NEW YORK, NEW YORK--(Marketwire - July 21, 2008) - Stockgroup Information Systems Inc. (OTCBB:SWEB)(TSX VENTURE:SWB), a leading financial media company, announced that the Company will commence trading today under its new name, Stockhouse, Inc. (OTCBB:STKH)(TSX VENTURE:SHC). The Company will use the new symbols of STKH in the United States on the Over The Counter Bulletin Board (OTCBB), and SHC on the Toronto Venture Exchange (TSX-V) as of July 21, 2008. The Company's shareholders voted 96.9% in favor of the Company name change at the Company's Annual General Meeting held on June 17, 2008. Company re-branding will commence during the third quarter and will include all divisions.
"Stockhouse.com is one of the best known and most innovative investor sites in North America," stated Marcus New, CEO of Stockhouse, Inc. "We felt it was important to align our corporate identity with our premier brand. As we expand both our media presence and our product line, this brand association will be positive for our business."
The Company's annual general meeting was held on June 17, 2008. During the meeting 27,478,104 shareholder votes were cast with the following results: