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Non-Tech : Charles Schwab (SCH) -- A tech-stock profile? -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (737)	6/18/1999 9:52:00 AM
From: stock_bull69	Read Replies (1) \| Respond to of 1390

Schwab's Florida Presence Continues to Grow Company's 300th Branch Opens in Coral Springs 24 Branch Offices and Over 1,300 Employees now Serve State's Investors CORAL SPRINGS, Fla., June 18 /PRNewswire/ -- Charles Schwab & Co., Inc., one of the nation's largest brokerage firms, today celebrated the opening of its 300th national branch office in the Florida community of Coral Springs. "Florida has been critical to Schwab's success," said Company President and co-CEO David Pottruck. "We opened our first branch in the state in 1979 and today are opening our 24th. Florida investors have always supported our vision of what full-service investing should be." In addition to two dozen offices statewide, Schwab employs over 1000 people at its Orlando Investor Service Center -- a day-and-night telephone and operations facility serving customers in Florida and the Southeastern U.S. The company also operates its Latin America Center in Miami, serving the specific needs of international investors from Central and South America and the Caribbean. "We continue to open branch offices at a time when other financial service providers are closing or consolidating their facilities," said Pottruck. "The reason is simple; no matter how high-tech the world becomes, there will always be a need for human contact." "Over 50% of our retail net new assets come to us through our branch network," Pottruck said. "It's evident that a significant number of people are more comfortable starting an investment relationship in person, even if they later choose the phone or Web as the primary method of communication. Our combination of people and technology has changed what it means to be a full-service brokerage firm, and our branches are a critical part of this winning formula." Charles Schwab & Co., Inc., serves 6.1 million active accounts with $564 billion in customer assets. Schwab currently has 2.5 million active online accounts with $219 billion in customer assets. Schwab provides a full-service investing experience to customers through a multi-dimensional offering of the Internet, 300 branch offices, speech recognition and touch-tone telephone technologies, multilingual and international technologies and direct access to professionals day or night.* Charles Schwab & Co., Inc. Member SIPC/NYSE (0099-2640) * Access to services or customer accounts may be limited or available during periods of peak demand, market volatility, system upgrades or other reasons. SOURCE Charles Schwab & Co., Inc. -0- 06/18/99 /CONTACT: Dan Hubbard of Charles Schwab & Co., Inc., 415-636-5462, or dan.hubbard@schwab.com/ /Company News On-Call: ttp://www.prnewswire.com/comp/154881.html or fax, 800-758-5804, ext. 154881/ /Web site: schwab.com