Overstock.com Announces 'Escape to the U.S. Virgin Islands Sweepstakes' Win One of Four St. Thomas Vacations April 3 Through April 30, 2010

SALT LAKE CITY, April 2 /PRNewswire-FirstCall/ -- Overstock.com, Inc. (Nasdaq: OSTK) today announced the launch of its "Escape to the U.S. Virgin Islands" Sweepstakes on April 3, 2010. Four qualifying entrants will receive a six day/five night vacation for two to St. Thomas provided by the U.S. Virgin Islands Department of Tourism. The trip will include airfare from anywhere within the continental U.S.  To enter, participants can visit www.auctions.overstock.com/escape-to-the-virgin-islands-sweepstakes.

Each day of the contest, a new question will be posted on the contest page regarding Overstock.com's Auctions, Cars or Real Estate departments and participants will be required to search in the respective departments to find the answer. All qualifying entries will be eligible for the sweepstakes' drawing. To qualify, participants must complete all required fields of the entry form and must have the correct answer to that day's question.

"We have incredible deals on our auctions, real estate and cars sites," said Overstock.com President Jonathan Johnson. "Our customers should visit these departments and enter to win the spring break vacation of a lifetime."

Week's prize awards will be for the following island resorts:

Week 1 Winner:

Bolongo Bay Beach Resort www.bolongobay.com

Week 2 Winner:

Wyndham Sugar Bay Resort & Spa http://www.wyndham.com/hotels/STTSB/main.wnt

Week 3 Winner:

Windward Passage www.windwardpassage.com

Week 4 Winner:

Frenchman's Reef & Morning Star Marriott Beach Resort

www.marriott.com/hotels/travel/sttfr-frenchmans-reef-and-morning-star-marriott-beach-resort/.

Potential winners will be selected in four successive random drawings held during the contest month. Each drawing will be from among the entries made on the previous seven days. No purchase is necessary to enter.  The winners will be announced on April 12, April 19, April 26, and May 3, 2010. For a complete statement of the rules, go to www.overstock.com/32146/static.html .

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 continuation of the sweepstakes for the period indicated, the timing of events indicated. Our Form 10-K for the year ended December 31, 2009 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



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