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OTC Journal
January 18, 2000	Volume III, Issue 4

Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:

New Profile Coming Friday

We have completed our due diligence on the company for Friday's profile, and we are very excited about this one. We believe that everybody should own a little of this stock, regardless of your risk tolerance. This company has revolutionary technology that could eventually effect the way nearly every electronic device functions. Please budget some time over the weekend to review this Profile. Let us know if you agree.

Breaking News on StockGroup Holdings (OTC BB: SWEB) Today

Congratulations to those investors that had the patience and courage to wait out the down draft in the price of shares of StockGroup Holdings (OTC BB: SWEB) during the year-end sell off. We originally profiled this company back in August at $3, and since then has seen a high of $4.50, and a low of $1.3125 in concert with year-end tax selling.

As we write this update, the stock is currently trading at about $3.50, putting it solidly above our original profiled price and more than double its December low. More importantly, the company issued a press release today which bodes extremely well for the future of the stock.

Today StockGroup announced that it has entered into a Joint Venture agreement with two individual Singapore based companies. Under the terms of the Agreement, StockGroup will receive $1 million for building a Far East version of SmallCapCenter.com, their North American Supersite for small and microcap stocks.

More importantly, Stockgroup will retain ownership of 19% of the company, and the news release specifies that this is just the first in a series of 14 Pacific Rim based sites to be built by the Joint Venture. This is further confirmation that this company has excellent technology. We believe that this company has a great future, and if the stock could hold over $4 for 30 days, they would be in a position to apply for a NASDAQ listing.

Here is the complete text of the news release for your review:

Tuesday January 18, 10:16 am Eastern Time
Company Press Release

Stockgroup Develops Joint Venture To Build Enterprise Financial Sites throughout Asia, Ownership Interest Starts Global Expansion

NEW YORK--(BUSINESS WIRE)--Jan. 18, 2000--Stockgroup.com Holdings, Inc. (OTC BB: SWEB) announced today that it has entered into a joint venture with two leading Singapore publicly listed companies. Stockgroup has signed a contract that will expand its operation into Asia, building an enterprise financial site for Asian Exchange Information Service Ptd Ltd. (AsiaXIS). Under the terms of the agreement Stockgroup will receive US$1,060,000 dollars for the license and development of the initial site in Singapore and an equity position of 19.4% in the venture.

The agreement also provides for AsiaXIS to develop 13 additional financial enterprise sites throughout Asia and in Australia and New Zealand. Stockgroup will be paid a licensing fee for its technology, a development fee for building and customizing each additional financial enterprise site, ongoing maintenance and support fees and receive royalties for each of the additional markets that AsiaXIS enters. Stockgroup has also secured access to the content that will be created by AsiaXIS in its international news development.

AsiaXIS is an online provider of financial information covering stock markets across Asia, which has been formed by a joint partnership of Form Holdings Limited, a Singapore listed company (FORM.SP - Bloomberg) and SMB United Ltd., a Singapore listed company (SMBU.SI) and Stockgroup.com Holdings Inc. AsiaXIS's first Web site will be dedicated to the coverage of the Stock Exchange of Singapore. Over the course of the next 18 months, AsiaXIS will set up a string of Web sites dedicated to coverage of other major stock markets such as Hong Kong, Taipei and Tokyo.

``We were delighted to enter into this agreement with our new partners in Singapore,'' says Marcus New, CEO of Stockgroup.com Holdings Inc. ``We have been impressed by their understanding of the uniqueness of the Asian financial markets and their plans to become the leading online financial news and information provider in Asia. Expansion into Asia by building a financial enterprise site which utilizes our proprietary technology and established infrastructure fits well into Stockgroup's international expansion plans. This joint venture will not only provide the Company with substantial revenue and an equity position in AsiaXIS, but also gives Stockgroup a foothold in the expanding Asian market. This contract proves out our strategy for international expansion and we are presently pursuing other expansion opportunities,'' concluded Mr. New.

Stockgroup has developed a proprietary technology infrastructure for the development of enterprise financial sites. The infrastructure serves as a template with all necessary components for a financial site. The technology has been built to deliver site speed and reliability, runs on an enterprise class server and is designed to be scaled to any size user base. The functionality of the Singapore site will be based on Stockgroup's leading small and micro cap news and information Community, www.smallcapcenter.com. AsiaXIS's site will include proprietary features currently in use by Stockgroup, such as raw data feed filters and interfaces, database features, dynamic data presentation elements, content presentation and archiving features, an advanced navigation structure, comprehensive research tools, message boards, portfolio manager and an e-commerce transaction structure. The project includes Stockgroup training an AsiaXIS team in Singapore to manage and maintain their new site.

Commenting on the joint venture Mr. George Thia, Chairman of Form holdings Ltd and AsiaXIS said, ``The major exchanges in Asia are already reviewing de-regulation of the market structure to accommodate the wave of demand for access to online trading. The Singapore Authorities has been amongst the first to announce the de-regulation of their financial market. AsiaXIS is positioned to meet the growing demand for quick access to real time information.''

Joint partner Mr. Tan Ngiap Hong, CFO of SMB United said, ``Stockgroup's technology and infrastructure give AsiaXIS the ability to make a quick entry into a fast growing market using mature delivery technology. The Web sites set up by AsiaXIS will be up and running in a matter of months and should start generating revenue shortly thereafter. SMB United Limited has been looking actively to invest specifically in high growth technology intensive businesses as part of its long-term diversification strategy.''

ABOUT STOCKGROUP.COM

Stockgroup.com, founded in 1995, has offices in New York, San Francisco, Vancouver, Calgary, and Toronto and is a leading Internet provider of financial news and information services. Recently, Stockgroup.com launched Web site www.smallcapcenter.com, a state of the art research center focusing on small cap and micro cap news, information and data. Its predecessor, www.stockgroup.com, was one of the most popular investment information sites on the Internet. The company also provides Internet development and marketing services to small cap and micro cap businesses.

ABOUT AsiaXIS

AsiaXIS is an online provider of financial information on stock markets across Asia. AsiaXIS's charter will develop a string of Internet Web sites dedicated to providing information on each of the equity stock exchanges throughout Asia and in Australia and New Zealand. The Company was formed through a joint partnership of Form Holdings Ltd., SMB United Limited and Stockgroup.com Holdings Inc. Both Form Holdings Ltd. and SMB United are publicly traded on the Singapore Stock Exchange. SMB United Limited has annual sales in excess of S$77 million and net income in excess of S$8.2MM. This is their second investment in an Internet company in the past two months. Form Holdings was recently acquired by George Thia, the former managing director for Merrill Lynch International Bank Ltd. (SEA). Form is now diversifying into financial information companies.

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 statements indicating certain actions ``may,'' ``could,'' or ``might'' occur.

--------------------------------------------------------------------------------
Contact:

     Stockgroup.com Holdings, Inc.
     Marcus New, 800/650-1211
     E-mail: marcus@stockgroup.com
     www.stockgroup.com www.smallcapcenter.com
     or
     SMB UNITED LIMITED
     P.W. Lee, 65/756 0188
     E-mail: Nhtan@smb.com.sg
     or
     AXIS INVESTOR RELATIONS
     Rob Barton, 888/684-4224
     E-mail: rbarton@axisir.com
     or
     FORM HOLDINGS LIMITED
     George Thia, 65/788 7888
     E-mail: thiagph@pacific.net.sg
     or
     ASIAN EXCHANGE INFORMATION SERVICE PTE LTD
     Bryant Hwang, 65/780 2215
     E-mail: bryan@form.com.sg

Disclaimer

The OTCjournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. This newsletter is owned by SSP Management, Inc, a wholly owned subsidiary of 1st Net Technologies, Inc ("1st Net"). While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may own stock in and have other financial dealings with the companies who appear in the publication. To that degree, this newsletter should not be regarded to be an independent publication. SSP Management, the owner of the OTC Journal, has been paid the following fee by Incite Marketing Group acting on behalf of Stockgroup.com: $50,000 in cash, 40,000 shares of restricted stock which will not become free trading until at least August of 2,000, and 100,000 options with an exercise price of $4. The OTCjournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein.

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