Stockgroup Transitions Stockhouse.Com From Beta Stage to Full Release

Market Wire, April, 2008

Stockgroup Information Systems Inc. (OTCBB: SWEB)(TSX VENTURE: SWB), a leading financial media company, announced today that its Stockhouse.com financial portal has transitioned its new beta test site into full release. The October 2007 launch of its beta site attracted the attention of web-savvy investors with its new look, navigation, and social networking features. Since then, the community has grown 30 percent, with over 1.1 million unique visitors per month frequenting the site. Stockhouse.com also has a growing number of members that regularly contribute news stories, in addition to blog and message board posts. Blog posts on the new site are up 132 percent versus the old site.

"Our Facebook for financial media design is being widely adopted by our community," said Darin Diehl, publisher and executive editor of Stockhouse. "We made great efforts to solicit feedback from the community during the beta process. The result is rewarding for investors who seek expert insights and stock tips from their favorite high-reputation community members."

The Stockhouse.com community has already begun to realize the value of the new features, such as the unique and innovative Stockhouse Reputation System. The Reputation analytics assess a member's Reputation score (on a scale of one to 10) that reflects the member's overall credibility. Reputation is based on the community's quality assessment of the member's contributed content, editorial rating of content, the member's stock picking ability, and the member's participation in the community. This unique capability solves a critical issue for sites with user generated content by promoting the high quality content from experts within the community, and filtering out the spam and low quality content from questionable sources.

The site's social networking capabilities position Stockhouse as a true innovator in digital media.

"Our brand is all about our community," said Marcus New, Stockgroup president and chief executive officer. "Stockhouse is the go-to site for investors to congregate as a community and help each other uncover opportunities to make money in the markets. Our features help them stay one step ahead of the masses. We strive to provide the tools, information and facilities to enable our members to gain market advantage."

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.

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.

Facebook(TM) is a registered trademark of Facebook, Inc.

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-QSB for the quarter ended September 30, 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 Stockgroup (OTCBB: SWEB, TSX-V: SWB), 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.