Exhibit 99.1
News Release
September 1, 2000 Symbols: WIZ - CDNX
WIZZF - OTC BB
WSI INTERACTIVE APPOINTS FOUNDER OF STOCKGROUP.COM TO ITS BOARD OF DIRECTORS
WSi Interactive is pleased to announce the appointment of Marcus New as a
director of WSi. Mr. New is the founder, Chairman and CEO of Stockgroup.com and
is an acknowledged authority on investing on the Internet. He has been an
invited guest speaker to the New York Society of Security Analysts where his
speech was transmitted on NBC's Private Financial Network, Florida Money Show,
and Greenline Investor Conferences. He has also appeared on national television
broadcasts including CNBC, Bloomberg Radio, CNN/fn, Investors On Line and
others. Mr. New is also a director of Investrend Inc., the "for profit" company
for the Investor Research Institute headquartered in New York.
Mr. New brings extensive business experiences in the public markets including
developing strategic alliances, forming partnerships, contract negotiations and
reviewing businesses. Stockgroup.com of which Mr. New is CEO has more than 400
public companies as clients and has relationships with Yahoo, Isyndicate, ON24,
Screaming Media, Avantgo, and many others. In addition, Stockgroup.com has
business interests in Asia.
WSi president, Theo Sanidas, is delighted with Mr. New's decision to join the
Board. "We welcome Marcus to WSi. With his proven leadership abilities,
contacts, and international business experience, Marcus will make a real
contribution to the growth and development of WSi."
WSi wishes to announce that James L. Harris had previously resigned as a
director, but will remain an integral part of the WSi team in his role as
corporate secretary. He has resigned in order to concentrate on his legal
practice and role as WSi corporate counsel. Randy Buchamer will be stepping down
as a director of the firm as the company has asked Mr. Buchamer to become more
active in the day to day operations of WSi. Management wishes to thank Mr.
Harris and Mr. Buchamer for their contribution to the Board this past year.
THE BUSINESS OF WSI
WSi Interactive Corporation is an innovative business development and marketing
firm whose objective is to capitalize on content and infrastructure
opportunities on the Internet. WSi builds, manages and markets online businesses
in the financial, e-tail and e-commerce, entertainment, and e-advertising
sectors.
WSi focuses on early-stage companies where it can add significant value to the
investment through a network of relationships and strategic alliances, using its
experience to help Internet companies to build traffic, develop brands, and
capitalize on a variety of revenue streams.
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To receive information on WSi by e-mail or fax, please forward your Internet
address / fax # to [email protected] / fax: 1-877-499-5806.
Investor Relations Toll Free: 1-888-388-4636
Website: WWW.WS-I.COM
ON BEHALF OF THE COMPANY
"Theo Sanidas"
Theo Sanidas, President
This news release may contain forward-looking statements that involve risks and
uncertainties, including the impact of competitive products and pricing and
general economic conditions as they affect the Company's clients. Actual results
and developments may therefore differ materially from those described in this
release. No regulatory authority has reviewed nor accepted any responsibility
for the adequacy or accuracy of the contents of this release.
