CyberTrader Offers Active Traders Unique, Interactive Online Mentoring Program

PalTalk.com Technology Supports the 'CyberTrader Live' Voice, Web-Conferencing and Advanced Instant Messaging Features

Las Vegas, NV, November 20, 2003 - CyberTrader Inc., the direct access brokerage subsidiary of The Charles Schwab Corporation (NYSE: SCH), and PalTalk.com, one of the largest voice and video conferencing and Instant Messaging providers, announced today the rollout of CyberTrader Live at the International Traders Expo. The online mentoring program, powered by PalTalk's web-based multimedia software, provides active traders with an interactive venue designed to strengthen trading skills and help in analyzing live market data for trading opportunities.

"CyberTrader Live is a state-of-the-art, virtual trading mentor unlike any resource available in the marketplace," said Jim Hackley CEO of CyberTrader. "Technology from a trusted, reliable service provider like PalTalk now allows our traders to network with CyberTrader market mentors and receive real-time commentary on market analytics and trends, right from their personal trading workstations. Having the ability to inquire about a particular security, and then moments later be provided with customized charts and technical analysis from CyberTrader, certainly gives CyberTraders an advantage over the competition."

CyberTrader Live provides every client with interactive access to:
- MarketCasting: CyberTraders of all levels of experience will find this a powerful tool they can use to enhance their ability to interpret live market data and charting patterns. Streaming market commentaries from market experts, including Ken Tower, CyberTrader's Chief Market Strategist, provide Pre-Market Analysis, Intraday Securities Highlights, Market Evaluations, and Post-Market Reviews.
- Online Trading Courses: These live, post-market classes offer an in-depth look at using electronic communication networks, interpreting market data and understanding trader psychology.
- Community Chat: A dedicated, secure chat room gives CyberTraders a forum where they can discuss the markets with fellow CyberTraders, share ideas and test trading strategies.

"I am confident that our full range of conferencing and information-sharing software is ideally suited to support the highly-demanding requirements of active trading," said Jason Katz, Chief Executive Officer of PalTalk. "Having a direct access trading pioneer such as CyberTrader embrace our technology serves as a testament to the value that PalTalk can bring to the marketplace

CyberTrader Live, coupled with the superior analytical and risk management tools, momentum indicators, and advanced Point & Figure charting found in the CyberTrader Pro® 4.0 trading platform, provides CyberTraders with an expanded set of tools that will give them even greater control when trading.

"While known for our superior trading technology, what really sets CyberTrader apart is our ongoing commitment to trader success. CyberTrader Live rounds out the breadth of services we offer CyberTraders to help them implement trading strategies," said Andy Gill, SVP Active Trader Marketing at Schwab.

PalTalk is a pioneer of voice services on the internet and was recently rated by New York Times as the "stickiest" site on the Internet.

CyberTrader Live is making its debut today at the International Traders Expo in Las Vegas, NV, which runs until November 23.

Contacts:
Mike Boccio
212-888-6115 ext. 253
Nancy Lieberman
212-564-9997 ext. 27

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