Verizon Wireless And Charles Schwab Offer Access To Wireless Investing Service

Verizon Wireless And Charles Schwab Offer Access To Wireless Investing Service

Schwab PocketbrokerTM Service Is Now Available Through Verizon Wireless' Mobile Web Service

April 27, 2001



Verizon Wireless, the nation's largest wireless provider, and Charles Schwab & Co., Inc., a leading financial services company and the world's largest online broker, today announced that the Schwab PocketBroker TM Wireless Investing Service is now available for Verizon Wireless' Mobile Web customers.

Schwab PocketBrokerTM Service allows Schwab customers to access their accounts, check balances and stock quotes, make trades and more while on the go, complementing the company's existing branch, online and call center channels.

Verizon Wireless' nationwide Mobile Web service combines the convenience and mobility of wireless communications with popular content from the World Wide Web. The Mobile Web service, which runs on Verizon Wireless' robust and reliable, coast-to-coast network, delivers Web-based information customers want on their wireless handsets.

Schwab PocketBrokerTM Service is available just a few clicks away by selecting the On-Line Trading menu on Mobile Web.

"Given the dynamic nature of the market, investors need a simple and effective way to stay on top of their financial information, no matter where they are," said Bob Sofman, senior vice president of Schwab Global Wireless Solutions Group. "PocketBroker helps customers stay in control by enabling them to respond immediately to market-moving events. Our partnership with Verizon Wireless ensures that customers across the country now have increased and convenient access to all our wireless features and benefits."

"Verizon Wireless continues to make agreements with strategic content partners to provide our Mobile Web customers with a complete range of customized information," stated Gary Schulman, president of Wireless Data and Internet Services for Verizon Wireless. "Schwab PocketBrokerTM Service gives our Mobile Web customers up-to-date account balance information where they can also make online trades through their Web-enabled phones."

About The Charles Schwab Corporation

The Charles Schwab Corporation (NYSE: SCH), one of the nation's leading financial services companies, serves 7.5 million active accounts with $861.6 billion in customer assets. Schwab currently has 4.2 million active online accounts with $420 billion in customer assets. Through its principal operating companies, including Charles Schwab & Co., Inc., U.S. Trust and CyBerCorp, Schwab provides a full-service investing experience to customers through a "clicks and mortar" multi-dimensional offering of the Internet, 406 branch offices, speech recognition, touch-tone telephone, e-mail and wireless technologies, multilingual and international services, and direct access to professionals day or night.

About Verizon Wireless

Verizon Wireless is the largest wireless communications provider in the U.S. with more than 27 million wireless voice and data customers. The coast-to-coast wireless provider was formed by the combination of the U.S. wireless businesses of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD), including Bell Atlantic Mobile, AirTouch Cellular, GTE Wireless and PrimeCo Personal Communications. Verizon Wireless has a footprint covering more than 90 percent of the U.S. population, 49 of the top 50 and 96 of the top 100 U.S. markets. The company, headquartered in Bedminster, NJ, is 40,000 employees strong. Reporters and editors can find more information about the company on the Web at http://www.verizonwireless.com.


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