INVESTools Acquires Asian Minority Interest, Creates Model for Expansion in Global Markets.

Business Editors

HOUSTON--(BUSINESS WIRE)--Jan. 23, 2003

INVESTools Inc. (OTCBB:INVS), a leading investor education company with multiple branded and co-marketed distribution partners and a full range of investment products that offer lifetime value to purchasers and subscribers,

today announced that it has acquired the minority ownership interest from its Asian partners to form INVESTools Asia Pacific Pte. Limited ("INVESTools Asia"), a wholly owned subsidiary of the Company. The transaction extends the opportunity for INVESTools to develop local branded partnerships and local language products in Brunei, Hong Kong, Malaysia and Singapore on an exclusive basis, as well as to expand to other Asian markets on a non-exclusive basis.

"INVESTools Asia serves as a template for the kind of international partnerships we will develop to assure the quality of our products when distributed in global markets," said Lee K. Barba, Chairman and Chief Executive Officer. "By having local management trained in the regional markets and workshop fulfillment with local language and cultural capabilities, INVESTools has created the model for building the lifetime value of our global subscribers. With more than 2,000 INVESTools graduates in Hong Kong, Indonesia, Malaysia and Singapore, we are positioned to become the leading investor education company in Asia."

INVESTools Asia is managed locally by Chong Hon Leong, who is President. Mr. Chong has over 30 years of general and financial management experience at board and senior management levels in corporations and the banking/finance industry. Prior to joining INVESTools Asia, Mr. Chong was the General Manager of Concord Bank in Ningbo, China and also served as the Executive Director of the Merrill Lynch Singapore Group of Companies.

About INVESTools Inc.

INVESTools is a leading investor education company with multiple branded and co-marketed distribution partners. The Company provides a full range of investment products that offer lifetime value to purchasers and subscribers through blended training solutions such as workshops, homestudy programs and personal training sessions. More than 550,000 investors have benefited from INVESTools' free investor presentations and more than 68,000 students have graduated from the Company's intensive workshops and homestudy programs. For more information regarding the Company's products and services, visit INVESTools' corporate Web site at http://www.investools.com.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements could be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected. These include uncertainties in the market, competition, legal proceedings, success of marketing efforts and other risks detailed from time to time in the Company's SEC filings. The Company assumes no obligation to update the information in this release.