SALT LAKE CITY, May 24 /PRNewswire-FirstCall/ -- Overstock.com, Inc.
(Nasdaq: OSTK) today announced that Ray J. Groves has resigned from the Board
of Directors of Overstock.com. CEO Patrick Byrne said, "Ray's advice has been
of immense value to the board, the company, and me. I will always remain
deeply in his debt." Mr. Groves had been a director since October 2005.
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 Global Market 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.
SOURCE Overstock.com, Inc.
CONTACT: Media, Jared Matkin, +1-801-947-3880, jmatkin@overstock.com, or
Investors, Kevin Moon, +1-801-947-3282, kmoon@overstock.com, both of
Overstock.com, Inc./