Stockgroup Information Systems Inc.: Stockhouse Community Applications Go Mobile

* Reuters is not responsible for the content in this press release.

Tue May 20, 2008 9:01am EDT

  NEW YORK, NEW YORK, May 20 (MARKET WIRE) -- 
 Stockgroup Information Systems Inc. (OTCBB: SWEB)(TSX VENTURE: SWB), a
leading financial media company, announced today that Stockhouse(R) News
and Views is now available as a free news channel on Viigo(TM).
Stockhouse News and Views delivers stock market news, editorials, and
community opinions on financial topics and events to individual
investors. Viigo is a new mobile content application for Blackberry and
Microsoft Windows Mobile smartphones.

    Stockhouse News and Views is an extension of the content on
Stockhouse.com, a leading financial community where investors seek and
share information on the publicly-traded companies that are not typically
covered by investment analysts.

    "Viigo allows us to extend the reach of our investment information,
including our high-quality, user generated content, to the 3G wireless
device market," said Marcus New, chief executive officer of Stockgroup.
"This new delivery channel will provide both a useful source of
information for Viigo clients and a source of additional user generated
content for Stockhouse. Most importantly, individual investors no longer
have to sit in front of their computers or televisions to know what's
going on and research key stocks."

    To download Stockhouse News and Views for your smartphone, visit
http://viigo.com/partner/stockhouse.

    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.

    About Viigo Inc.

    Viigo Inc. develops and markets one of the world's most popular mobile
content and services applications for smartphones. With over 5,000
channels and information services, Viigo customers around the world enjoy
up-to-the-minute access to news, weather, sports, market performance,
entertainment, and blogs in one intuitive, simple, freely downloadable
application.

    For more information, visit www.viigo.com.

    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.

    To find out more about Stockgroup (OTCBB: SWEB, TSX-V: SWB), visit our
website at www.stockgroup.com.


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

Contacts:
Stockgroup Information Systems Inc.
Steve Gear, Director of Capital Markets
Investor Relations Contact
(604) 288-2861 or 1-800-650-1211
Email: steve.gear@stockgroup.com
Website: www.stockgroup.com

Dukas Public Relations
Kathleen Corless
Media Contact
(212) 704-7385
Email: kathleen@dukaspr.com

Dukas Public Relations
Vanessa Kitchen
Media Contact
(212) 704-7385
Email: vanessa@dukaspr.com

Copyright 2008, Market Wire, All rights reserved.

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