Overstock.com Announces Partnership with Barnes & Noble to Sell eBooks Through Barnes & Noble's NOOK Store™
SALT LAKE CITY, Dec. 6, 2011 /PRNewswire/ -- Overstock.com Inc. (NASDAQ: OSTK), today announced that it has partnered with Barnes & Noble, Inc. (NYSE: BKS), the leading retailer of content, digital media and educational products, to sell eBooks through Barnes & Noble. Visitors to Overstock.com will now have access to the digital edition of hardcover and paperback books available on the site through Barnes & Noble's NOOK Store. To learn more visit www.overstock.com/ebooks .
A link on Overstock.com book product page will take visitors to Barnes & Noble.com's NOOK Store, the world's largest bookstore, where they can seamlessly and easily purchase the digital version of the book they have selected. Content downloads lightning-fast, usually in less than 10 seconds over Wi-Fi®. Overstock.com currently carries the NOOK Color™ (Certified Pre-owned) for only $149.00.
"As the number one seller of refurbished NOOK® devices we are pleased to partner with Barnes & Noble to expand our product offering so that our customers have fast, easy access to the breadth of digital content that Barnes & Noble offers," said Overstock.com President Jonathan Johnson .
"Barnes & Noble is pleased to become Overstock.com's exclusive digital bookstore partner, and to continue our relationship selling refurbished NOOK Simple Touch and NOOK Color on Overstock.com," said Jim Hilt , Vice President of eBooks for Barnes & Noble. "The combination of our award-winning portfolio of NOOK products, the Overstock.com online experience, and now access to the largest assortment of eBooks, will make it even easier to help more customers find their next great read."
Overstock.com is Your Savings Engine offering brand-name products. 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 and http://www.o.co. Overstock.com regularly posts information about the company and other related matters on its website under the heading "Investor Relations."
About Barnes & Noble, Inc.
Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller and a Fortune 500 company, operates 704 bookstores in 50 states. Barnes & Noble College Booksellers, LLC, a wholly-owned subsidiary of Barnes & Noble, also operates 635 college bookstores serving over 4.6 million students and faculty members at colleges and universities across the United States. Barnes & Noble conducts its online business through BN.com (www.bn.com), one of the Web's largest e-commerce sites, which also features more than two million titles in its NOOK Bookstore™ (www.bn.com/ebooks). Through Barnes & Noble's NOOK® eReading product offering, customers can buy and read digital books and content on the widest range of platforms, including NOOK devices, partner company products, and the most popular mobile and computing devices using free NOOK software.
General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's corporate website: www.barnesandnobleinc.com.
Overstock.com® and O.co® and Club O Rewards® are registered trademarks of Overstock.com, Inc. Club O (TM), and Club O Rewards Dollars (TM) and Your Savings Engine(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 breadth of access to digital books and the prices and availability of products. Our Form 10-K for the year ended December 31, 2010, 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.
NOOK®, NOOK Tablet™, NOOK Color™, NOOK Simple Touch ™, NOOK 1st Edition™, NOOK 1st Edition Wi-Fi™, NOOK Books™, NOOK Store™, NOOK Bookstore™, are trademarks of Barnes & Noble, Inc. Other trademarks referenced in this release are the property of their respective owners.
SOURCE Overstock.com, Inc.
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