optionsXpress(R) Appoints Paul Eppen Chief Marketing Officer

optionsXpress Holdings, Inc. (Nasdaq:OXPS) today announced that Paul E. Eppen has been named Chief Marketing Officer, effective immediately. In this newly created position, Mr. Eppen will be responsible for leading the marketing and branding efforts of all optionsXpress businesses, including brokersXpress, international and futures.

CHICAGO (BusinessWire EON) August 13, 2007 -- optionsXpress Holdings, Inc. (Nasdaq:OXPS) today announced that Paul E. Eppen has been named Chief Marketing Officer, effective immediately. In this newly created position, Mr. Eppen will be responsible for leading the marketing and branding efforts of all optionsXpress businesses, including brokersXpress, international and futures.

We are confident that Paul's insights into educational offerings, along with his proven skills in integrated marketing, will serve to strengthen the optionsXpress brand, drive new account growth and deliver strong returns on our marketing spending.

Eppen joins optionsXpress from DeVry Inc., where as Senior Vice President and Chief Marketing Officer he helped turn around sales and then create sustained growth for one of the nation’s largest for-profit education companies.

“Paul Eppen is an innovative, results-driven marketing professional, with over 10 years of experience as a senior marketing officer at top-tier consumer service companies,” said David Kalt, Chief Executive Officer of optionsXpress. "We are confident that Paul’s insights into educational offerings, along with his proven skills in integrated marketing, will serve to strengthen the optionsXpress brand, drive new account growth and deliver strong returns on our marketing spending.”

“In addition to its passion and focus on investor education, now is an exciting time to join optionsXpress due to compelling industry dynamics, rapid growth and the unique business opportunities created by its platform,” said Eppen. “Combined with a constant stream of innovative new tools to make the investing experience more enjoyable and intuitive, I believe optionsXpress is truly a leader in the industry. I look forward to doing my part to build on that success.”

About optionsXpress Holdings, Inc.

optionsXpress Holdings, Inc., a pioneer in equity options and futures trading, offers an innovative suite of online brokerage services for investor education, strategy evaluation and trade execution. optionsXpress Holdings subsidiaries include optionsXpress, Inc., a retail online brokerage specializing in options and futures, and brokersXpress, LLC, an online trading and reporting platform for independent investment professionals. Barron's named optionsXpress the number one online broker for four years in a row (2003 to 2006) and Kiplinger's Personal Finance named it the top discount broker in 2006. More information can be found in the Investor Relations section of optionsXpress' website at www.optionsxpress.com/investor.

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