Stockhouse Appoints Joe Lee as Chief Financial Officer

NEW YORK, NEW YORK, Jan 12 (MARKET WIRE) --
Stockhouse, Inc. (OTCBB: STKH)(TSX VENTURE: SHC), a leading financial
media company, announced today that it has appointed Joseph Lee as its
Chief Financial Officer. Mr. Lee will be replacing Susan Lovell. Ms.
Lovell will continue as a Senior Financial Advisor to the Company.

Prior to joining Stockhouse, Mr. Lee was Chief Financial Officer at
Digital Payment Systems, a company that assembled high tech parking
meters and specialized in developing and selecting recurring revenue
services including real time credit card processing and reporting. Mr.
Lee was also the Chief Financial Officer of Coastal Contacts (TSX: COA)
and helped IPO the company and raise more than $20 million dollars. Mr.
Lee has more than 15 years experience as a senior finance executive.

"We are pleased to have Joe join the Stockhouse team. Joe was a part of
the senior leadership team at Coastal Contacts which grew online revenue
from $6 million to more than $40 million when he left," stated Marcus
New, CEO of Stockhouse. "We want to thank Susan Lovell for her
contribution over the past three years and wish her all the best."

About Stockhouse, Inc.

Stockhouse Inc. ("Stockhouse") is a leading financial media company
focused on user generated content and collaborative technologies. The
Stockhouse 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 Stockhouse.
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-Q ended March 31,
2008, June 30, 2008, September 30, 2008 and 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 Stockhouse, Inc. (OTCBB: STKH)(TSX VENTURE: SHC),
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.

Contacts:
Stockhouse, Inc.
Marcus A. New
President and Chief Executive Officer
(604) 331-0995 or Toll Free: 1-800-650-1211
Website: www.stockhouse.com

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