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Stockgroup.com Enters Into Exclusive Contract for Specific Search Terms with Yahoo!
Company To Enter into Similar Agreements with Other Top Search Engines
VANCOUVER, British Columbia – March 31, 1999 –Stock Research Group Inc. (dba Stockgroup.com) a subsidiary of I-Tech Holdings Group Inc. (OTC BB: IHGP), today announced it signed a contract with Yahoo! Inc (NASDAQ: YHOO). Under the terms of the contract, Stockgroup.com will be the exclusive sponsor of the terms “small-cap,” “micro-cap,” and variations thereof on Yahoo.com for all searches done by visitors researching web sites, public companies, and investments using such terms starting May 1, 1999 and continuing at least through year end.
In addition, Stockgroup.com's banner advertisements will appear at various times when the Small-Cap main directory page is accessed. Although there are 59 various small-cap clubs within the general Business and Finance section of Yahoo! Clubs, the Company believes as a result of the contract it will become one of the largest single sponsors of the popular Small-Cap club area and the single largest advertiser in the Small-Cap main directory.
“Signing contracts with major internet search engines that have demographically compatible customer bases greatly enhances our ability to rapidly add new viewers to our site and further positions Stockgroup.com as a leading investment destination site on the Internet for micro and small-cap investors,” said Marcus New, CEO of I-Tech Holdings Group Inc. “In addition, by signing on as a prominent advertiser on these sites, we can rapidly drive traffic to our site, which we believe will allow us to attract additional high profile advertisers and implement incremental advertising rate increases sooner than originally scheduled.”
Stockgroup.com expects to enter into similar contracts with other major search engines that will encompass the use of the key search terms that are related to the micro- and small-cap markets.
Stockgroup.com was founded in 1995 and has offices in Vancouver, Calgary, and Toronto, Canada and San Francisco, USA (April 1999). Stockgroup.com is recognized as a leading Internet supplier of financial information to small cap investors and has a well-established presence on the Web. The company's main website, www.stockgroup.com , is one of the largest and most popular investment destination supersites on the Internet. Focusing on the needs of small-cap investors, Stockgroup.com has developed its supersite into a “Community” that brings together small cap investors and companies to provide information on small-cap market developments. This award-winning investor information community has gained a loyal following on the Internet and as of February 1999, over 150,000 viewers visit the community each month. Stockgroup.com also produces The Small Cap Express, a free daily online investment market report that is distributed on an ‘as requested' basis via email to a wide investor subscriber base across North America. Since its inception in July 1998, The Small Cap Express has grown from a subscriber base of zero to in excess of 27,000 daily readers.
In addition to its internet community, Stockgroup.com also specializes in providing public companies with internet marketing solutions and has developed considerable expertise in the development of financial services products for investor relations websites for small –cap public companies. Currently, Stockgroup.com provides services to over 200 corporate clients.
. Web professionals have recognized the level of excellence of Stockgroup.com's team across North America. Stockgroup.com has been covered in Barrons, Worth, and Fortune and has received numerous awards and distinctions. These awards include being ranked as a Microsoft (NASDAQ: MSFT) “Pick of the Week,” and Infoseek (NASDAQ: SEEK) “Cool Site,” #1 investment site for a 17 month stretch on Lycos (NASDAQ: LCOS) and currently has a ranking as #18 on InvestorLinks Top Sites ratings.
This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. 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'”, “will,” “anticipates,” “estimates,” “believes,” or that by statements indicating certain actions “may,” “could,” or “might” occur.