Stockgroup Information Systems Inc. (OTCBB: SWEB, TSX-V: SWB), a leading financial media company, today announced Steven Gear has joined the company as Director of Capital Markets.
Mr. Gear has more than 24 years of experience in the securities industry in a variety of capacities which include serving as Executive Vice President of Mercantile Investment Services Inc., the Broker/Dealer subsidiary of Mercantile Bancorporation Inc. Since 1992, Mr. Gear has held various positions, primarily in institutional sales and as an analyst focused on small capitalization equity issues. He has maintained a special focus on software and internet companies since 1998 and has issued research coverage on companies such as MapInfo (Nasdaq: MAPS), Hoovers (Nasdaq: HOOV) and Pinnacor (Nasdaq: PCOR). Mr. Gear has a degree from the University of Mississippi. He also attended the Securities Industry Institute at the University of Pennsylvania’s Aresty Institute for Executive Education.
“It is our strategic goal to substantially raise the profile of Stockgroup in the investment community in 2007,” stated Marcus New, President and CEO of Stockgroup. “Mr. Gear brings unique knowledge of the buy and sell side for smaller capitalized companies, having spent the last 20 years in securities analysis and institutional sales. As an analyst, Mr. Gear covered many leading companies in our industry. We are excited to have him bring his insight and relationships to create a broad exposure of Stockgroup progress and success to the investment community.”
“I personally believe that Stockgroup is one of the most exciting companies I have seen in the past ten years. I am excited to join the team and look forward to making a substantial impact,” stated Mr. Gear.