Overstock.com's Jewelry Department Featured on NBC's 'Today'

Overstock.com's Jewelry Department Featured on NBC's 'Today'

SALT LAKE CITY, Dec. 1 /PRNewswire-FirstCall/ -- Overstock.com(R) (NASDAQ:OSTK) was featured on NBC's "Today" show yesterday in a segment about finding the best bargains on diamond jewelry. The segment showcased luxury diamond jewelry from several top internet retailers, including an exquisite 18-karat yellow gold bangle bracelet with 152 pave-set diamonds available on Overstock.com for $12,999.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a )

"Today" show financial editor, Jean Chatzky, had each item appraised by an independent appraiser. During the segment, Chatzky told "Today" weather and feature reporter Al Roker that the bracelet from Overstock.com stood out among all the other items featured because it was independently appraised at nearly twice the value of what the bracelet sells for on Overstock.com.

Patrick Byrne, president of Overstock.com, said, "It's not widely known that Overstock has one of the best jewelry departments anywhere. As Ms. Chatzky experienced, customers can purchase fine jewelry at significant discounts to appraised values; that is, in fact, the reason many jewelers also buy from Overstock."

About Overstock.com

Overstock.com, Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ National Market System and can be found online at http://www.overstock.com/.

Overstock.com is a registered trademark of Overstock.com, Inc. All other trademarks are the property of their respective companies.

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 appraisal values and prices of featured products, the ability of customers to purchase items at discounts to appraisal values, and such other risks as identified in our Form 10-K for the year ended December 31, 2004, and all our subsequent filings with the Securities and Exchange Commission, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements.

Photo: http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Overstock.com, Inc.

CONTACT: Media, Scott Blevins, +1-801-947-3133, sblevins@overstock.com,
or Investors, Kevin Moon, +1-801-947-3282, kmoon@overstock.com, both of
Overstock.com, Inc.

Web site: http://www.overstock.com/

-------
Profile: intent