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Overstock.com Announces Partnership With Wounded Warrior Project

SALT LAKE CITY, Nov. 2 /PRNewswire-FirstCall/ -- Overstock.com, Inc. (Nasdaq: OSTK) announced today their corporate partnership with Wounded Warrior Project. From November 1 through Veterans Day 2009 a wounded warrior, family or warrior caregiver will be profiled and share their story through video on Overstock.com.

"The goal of Wounded Warrior Project is to help make this generation of wounded warriors the most successful and well-adjusted in our nation's history," said Overstock.com Chairman and CEO Patrick Byrne, "At least 10% of our employees have or have had family members in the military. Overstock.com felt it was our turn to give back to those men and women who serve our country in Iraq and Afghanistan. Whether or not you agree with the war; here's an opportunity to give valuable assistance to American soldiers."

Overstock.com hopes to raise $30,000 by November 11th, Veteran's Day, by allowing customers to donate a dollar or more to the Wounded Warrior Project at checkout. To learn more visit www.overstock.com/woundedwarriorproject

In addition to the November awareness campaign, Overstock.com customers can purchase Wounded Warrior Project apparel. All net proceeds go directly to Wounded Warrior Project.

"We are grateful to Overstock.com and its team of enthusiastic employees that have clearly demonstrated a passion for our mission and organization," said Steven Nardizzi, Executive Director of Wounded Warrior Project. "The level of support throughout their organization is extremely impressive and, more importantly, will have a very positive effect on the warriors we are privileged to serve."

About Wounded Warrior Project

The mission of the Wounded Warrior Project is to honor and empower wounded warriors. Its purpose is to raise awareness and to enlist the public's aid for the needs of severely injured service members, to help severely injured men and women aid and assist each other, and to provide unique, direct programs and services to meet their needs. To get involved and learn more, visit www.woundedwarriorproject.org.

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."

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 the amount of donations the Company may raise for the Wounded Warrior Project. 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.

SOURCE Overstock.com, Inc.

Copyright (2009) PR Newswire. All Rights Reserved.
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