'Pirates' Temporarily Congests Overstock.com Web Site

'Pirates' Temporarily Congests Overstock.com Web Site

'Pirates of the Caribbean: Dead Man's Chest' DVD Draws Flood of Holiday Bargain Hunters to Overstock.com on First Day of Its '12 Days of Christmas' Campaign

SALT LAKE CITY, Dec. 5 /PRNewswire-FirstCall/ -- The Overstock.com(R) (NASDAQ:OSTK) (www.overstock.com) Web site experienced heavy congestion intermittently between noon and 2:00 p.m. Eastern Standard Time today as holiday shoppers flooded the site to purchase the just-released "Pirates of the Caribbean: Dead Man's Chest" DVD at a special promotional price. As a result, some customers were unable to access the site.

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

Overstock.com announced yesterday that "Pirates of the Caribbean" DVD would go on sale at noon today for $9.99 for the first day of its "12 Days of Christmas" campaign (click here to read the press release). Patrick Byrne, CEO of Overstock.com, said, "Consumer response to the promotion was beyond anything we imagined, and we had a big imagination."

To alleviate site congestion and allow the IT team time to make performance enhancements to the site, Overstock.com temporarily turned off the inventory feed for the DVD. This resulted in a "sold out" message. Overstock.com will resume selling the DVD for $9.99 tonight at 7:00 p.m. EST, while supplies last.

"For the next 11 days we will continue to unveil one incredible bargain at noon Eastern Time. Our technologists' imaginations have now reached our marketing department's imagination."

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 availability of the DVD, the daily unveiling of new bargains, and such other risks as identified in our Form 10-K for the year ended December 31, 2005, 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: NewsCom:
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/

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