USAA Investments Enhances Web Site With Powerful Research Capabilities From Stockpoint

19 September 2000

USAA Investments Enhances Web Site With Powerful Research Capabilities From Stockpoint

    SAN ANTONIO--Sept. 19, 2000--USAA has enhanced its Web site with powerful news and research capabilities from Stockpoint Inc., a leading provider of online investment research.
    Throughout a trading day, investors using the usaa.com for transactions now have access to timely, insightful information within the site. This enables investors to act on investment ideas with the click of a mouse without leaving the site. The service is provided free of charge to all USAA members who use usaa.com.
    "We've been careful and measured in building our self-service applications for customers," said Michael J.C. Roth, president of USAA Investment Management Co. "Stockpoint's News & Research function is a great enhancement. It gives our investors access to excellent investment tools and information."
    The USAA site combines self-service applications for the member-owned association's range of businesses, including auto and property insurance; banking; investments; life, health and annuities; member services and merchandising. Some 470,000 registered users made 8.7 million visits during 1999. Roughly 75 percent of all brokerage transactions are handled via usaa.com with the balance placed by brokers over the telephone or through the automated TouchLine(R) system.
    USAA Brokerage Services is a discount brokerage buying and selling stock, bonds and options and includes the USAA Fund Marketplace(sm), which provides investors access to 160 fund families totaling more than 5,000 non-USAA mutual funds. Brokerage operations average about 4,000 transactions daily, with some 75 percent handled via the usaa.com Web site.
    Investment News & Research offers regular market commentaries, news charts, quotes and fund profiles; compiles portfolios tracking individual stocks; provides calendars of upcoming market events and activities; and provides powerful investment tools like StockFinder and StockFinder Pro and Fund Finder and FundFinder Pro.
    News sources available through Investment News & Research include PR Newswire, Business Wire, AP Online, UPI and UPI Spotlights, Itar-Tass, Kyodo, TechWeb and Xinhua. Corporate news includes bankruptcy filings, buybacks, debt filings, and insider trading news in addition to U.S. Securities and Exchange filings.

    About Stockpoint

    Stockpoint(R) is a leading business-to-business provider of global online investment tools and market information. Stockpoint excels in seamlessly integrating customizable, sophisticated financial content and applications into client Web sites. Stockpoint showcases its design and technical expertise for free at www.stockpoint.com, which was selected by Fortune as one of its "Notable Web sites" in the Summer 2000 issue and by Forbes as a "Best of the Web" financial portal site in September 1999. It was also ranked by Barron's as one of the "Top Investment Websites" in October 1999.

    USAA Investment Management Co. is a subsidiary of USAA, which has been serving military families since 1922 and has become one of America's leading insurance and financial services companies. The association, well known for its exceptional service, offers its 4.3 million members a comprehensive range of insurance, banking and investment products and services designed to help them meet their financial security needs. Headquartered in San Antonio, Texas, with offices throughout the United States and Europe, USAA owns or manages assets of more than $60 billion.

Editor's note: USAA Investments is required to include the following information with this news release.


--	USAA Brokerage Services is a discount brokerage service of USAA Investment Management Company (USAA Investments), member NASD.
--	Transaction fees on non-USAA funds may be avoided by purchasing directly from the fund family.
--	Trade orders can be placed 24 hours a day, but execute only during standard market trading hours.