Overstock.com Succeeds in Goal of Raising $30,000 for Veterans
Partnership with Wounded Warrior Project will continue past Veterans Day
SALT LAKE CITY, Nov. 11 /PRNewswire-FirstCall/ -- Overstock.com, Inc. (Nasdaq: OSTK) today gratefully thanked its customers for their overwhelming response to Overstock.com's announced goal to raise $30,000 for Wounded Warrior Project by Veterans Day.
"These are great Americans and great people, who served their country honorably," said Overstock.com Chairman and CEO Patrick Byrne. "Whether or not you agree with the conflicts in which our nation is engaged, this is an opportunity to give valuable assistance to true American heroes."
Each day of November leading up to Veterans Day, the website profiled a wounded warrior and provided the means for its customers to give generously. Overstock.com customers were allowed to donate a dollar or more at checkout and 100% of the money donated went directly to Wounded Warrior Project. In addition, Overstock.com customers were able to purchase Wounded Warrior Project apparel and all net proceeds went directly to Wounded Warrior Project.
The company announced that it's not too late: Customers can continue to donate and purchase Wounded Warrior Project apparel even after Veterans Day as part of Overstock's long-term partnership with this great organization.
"The level of support of the Overstock team is extremely impressive and, more importantly, will have a very positive effect on the warriors we are privileged to serve," said Steven Nardizzi, Executive Director of Wounded Warrior Project.
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.
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 and effect of donations the Company may raise for the Wounded Warrior Project, future continuation of the process of donation on the company site. 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.
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