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Overstock.com Announces Launch of Eziba.com

New private sale site focuses on home decor products

SALT LAKE CITY, Aug 24, 2010 /PRNewswire via COMTEX/ --Overstock.com, Inc. (Nasdaq: OSTK) today announced the launch of Eziba.com, a private sale website. Eziba.com features exclusive deals on the latest home decor products from many leading brands. The products will be offered in daily sale events starting each day at 11:00 Eastern Time. Each sale will last between 48 and 72 hours. Eziba.com is not accessible through the Overstock.com homepage, but customers can visit Eziba.com to sign up as an Eziba.com member free of charge. As with Overstock.com orders, an entire Eziba.com order ships for $2.95. All customer care inquiries will be handled by Overstock.com's award-winning 24-hour customer service team.

"We are excited to launch Eziba.com," said Overstock.com President Jonathan Johnson. "Overstock.com has relationships with a large network of suppliers, who are in search of different avenues to sell product. It was a natural progression for the O to build a private sale site."

To learn more please visit http://www.eziba.com/

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(R) is a registered trademark of Overstock.com, Inc. Eziba.com(TM) and Eziba (TM) are trademarks of Overstock.com, Inc.

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 type, quality and timing of deals offered on Eziba.com. Our Form 10-K for the year ended December 31, 2009, 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.