INVESTools Inc. News
Investools' Brokerage and Education Metrics for February 2008
NEW YORK,
"Investools' thinkorswim online brokerage segment produced another month of strong growth in all of its operating metrics under highly volatile market conditions. New accounts opened and retail DARTs posted triple-digit increases as compared with the year-ago period, while client assets climbed to
thinkorswim, Inc. — New accounts opened* of 7,600. Total accounts opened* of 139,800; 137% higher than February 2007 — New funded accounts of 3,275; 22% higher than February 2007 — Retail DARTs of 41,100; 163% higher than February 2007 — Active Trader DARTs of 33,000; 73% higher than February 2007 — Client assets of $2.59 billion at month-end; 101% higher than February 2007 Investor Education Group — Total paid graduates of 3,700, compared to 4,720 in February 2007 — Active subscribers at month-end of 104,500, compared to 89,500 in February 2007
*accounts opened represents accounts that have initiated the application process with the intent to fund.
About Investools (Nasdaq: SWIM)
Investools Inc. offers market-leading investor education and brokerage and related financial products and services for self-directed investors. Investools Education Group offers a full range of investor education products and services that provide lifelong learning in a variety of interactive delivery formats, including instructor-led synchronous and asynchronous online courses, in-person workshops, one-on-one and one-to-many online coaching programs and telephone, live-chat and email support. thinkorswim Inc., Investools' financial technology pioneer and industry-leading online brokerage firm, is focused on providing services to self-directed options traders and active traders. thinkorswim offers customers a broad range of products including equity securities, fixed income, index products, options, futures, other derivatives and foreign exchange. thinkorswim provides unique front end trading platforms that allow its customers to trade electronically and provides sophisticated trading tools and analytics, including tools for implementing complex, multi-leg options strategies. The products and services offered by Investools Inc. have received numerous accolades from third parties including thinkorswim's ranking by Barron's as its top rated software-based online broker and best for options traders (2007 & 2008), and Prophet's top Barron's ranking for best technical analysis tools (2007).
Safe Harbor
This press release may contain forward-looking statements. Such forward- looking statements may be identified by words such as "believe," "intend," "expect," "may," "could," "would," "will," "should," "plan," or similar statements. All forward-looking statements are based largely on current expectations, beliefs and assumptions concerning future events that are subject to substantial risks and uncertainties. These risks and uncertainties include, but are not limited to: general changes in economic conditions and changes in conditions affecting the financial services industry specifically, regulatory developments that affect the way we market or sell our products and services, our inability to protect our proprietary technology, our ability to sell existing products and services in both new and existing markets, and other factors which are more fully described in Investools filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, actual results may vary in material aspects from those currently anticipated. The forward-looking statements made in this press release relate only to events as of the date of this release. We undertake no ongoing obligation to update these statements.
Investor Contact: Ida Kane, SVP and CFO 801.816.6918 ida.kane@investools.com Media Contact: Fran Del Valle 212.717.5499 frances.delvalle@influencecentral.com
SOURCE Investools Inc.
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