/C O R R E C T I O N -- Overstock.com, Inc./
September 14 2009 - 3:05PM
PR Newswire (US)
Overstock.com, Inc. (NASDAQ: OSTK) In the news release
"Overstock.com Announces Launch Date of O.BIZ Website" issued
earlier today by Overstock.com (NASDAQ: OSTK), we are advised by
the company that the last line of the fourth paragraph should be
revised to "Domain names using .BIZ are especially appealing to
companies that sell products or services to other businesses."
Additionally, minor revisions have been made to the body of the
release. Complete corrected text follows. Overstock.com Announces
Launch Date of O.BIZ Website Website to Go Live on October 31, 2009
SALT LAKE CITY, Sept. 14 /PRNewswire-FirstCall/ -- Overstock.com,
Inc. (NASDAQ:OSTK) announced today that it is building a new
website called O.BIZ where businesses and customers can buy bulk
merchandise. O.BIZ will launch on October 31, 2009. The online
retailer will be working with Neustar, the domain name registry for
.BIZ, to launch the new site. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a) O.BIZ
is designed to give small businesses and customers the opportunity
to buy large quantities at deep discounts. O.BIZ will initially
focus on restaurant, office, and hotel products. The new site will
have a similar look and feel to Overstock.com and will be supported
by the award-winning Overstock.com customer support team. O.BIZ
customers will be able to shop with confidence using the same
technology as Overstock.com. "The .BIZ extension is appealing to
growing, innovative businesses. Our goal is to have O.BIZ help
small to medium-size businesses save money by leveraging the
purchasing power of Overstock.com," said Overstock.com Chairman and
CEO Patrick Byrne. Single-character domain names are very rare;
there are only five such domain names worldwide. Domain names using
.BIZ are especially appealing to companies that sell products or
services to other businesses. "The simplicity of this domain name
will help drive consumers to this new e-commerce destination for
small to medium-sized businesses," said Tim Switzer, Neustar's vice
president of Registry Services. "O.BIZ will increase the visibility
of this new initiative for Overstock.com, and we look forward to
its successful launch." About Overstock.com Overstock.com, Inc. is
an online retailer offering brand-name merchandise at discount
prices. The company offers its customers an opportunity to shop for
bargains conveniently, while offering its suppliers an alternative
inventory distribution channel. Overstock.com, headquartered in
Salt Lake City, is a publicly traded company listed on the NASDAQ
Global Market System and can be found online at
http://www.overstock.com/. Overstock.com regularly posts
information about the company and other related matters on its
website under the heading "Investor Relations." About Neustar and
Neustar Domain Registry Services Neustar (NYSE:NSR) provides
market-leading and innovative services that enable trusted
communication across networks, applications, and enterprises around
the world. Neustar Domain Registry Services operates the global
registry for .BIZ and .US; in addition, it provides back-end
registry services for .tel and .travel, gateway services to country
code top level domains, internationalized domain names (IDNs), and
full registry services to new top level domains. Neustar's registry
is connected to over 250 domain name registrars worldwide. For more
information, visit http://www.neustar.biz/ and
http://www.neustarregistry.biz/. Overstock.com is a registered
trademark of Overstock.com, Inc. All other trademarks are the
property of their respective owners. This press release contains
certain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such forward-looking statements include, but
are not limited to, statements regarding launch dates, sales
prospects for the new site, the appeal of single letter domain
names to consumers, and the ability of such names to drive website
traffic. Our Form 10-K/A for the year ended December 31, 2008, our
subsequent quarterly reports on Form 10-Q, or any amendments
thereto, and our other subsequent filings with the Securities and
Exchange Commission identify important factors that could cause our
actual results to differ materially from those contained in our
projections, estimates or forward-looking statements.
http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a
http://photoarchive.ap.org/ DATASOURCE: Overstock.com, Inc.
CONTACT: Media, Roger Johnson, +1-801-947-4430, , or Investors,
Kevin Moon, +1-801-947-3282, , both of Overstock.com, Inc. Web
Site: http://www.overstock.com/ http://www.neustar.biz/
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