SOURCE: Overstock.com

October 26, 2007 19:36 ET

CORRECTION- Overstock.com

SALT LAKE CITY, UT--(Marketwire - October 26, 2007) - In the news release, "Shoppers Rate Overstock.com Most Reliable e-Tailer of Books, Movies, Music and Games" issued earlier today by Overstock.com (NASDAQ: OSTK), we are advised by the company that the the headline has been revised to "Keynote Rates Overstock.com No. 1 in Site Reliability and Responsiveness for Online Retailers of Books, Movies, Music and Games." Additionally, minor revisions have been made to the body of the release. Complete corrected text follows.

Keynote Rates Overstock.com No. 1 in Site Reliability and Responsiveness for Online Retailers of Books, Movies, Music and Games

Heavy Technology Investment Paying Off

SALT LAKE CITY, UT -- 10/26/07 -- According to a Keynote Competitive Research study Overstock.com, Inc. (NASDAQ: OSTK) is the most reliable and responsive on the web for books, movies, music and games.

The study rated sites based on their availability, page load speed and transaction time. According to Keynote, Overstock.com sets the industry standard in these areas. The full Keynote press release announcing the study results is available at http://www.keynote.com/company/press_room/releases_2007/10.24.07.html.

"It is gratifying to see our website rated the best in its class," said Overstock.com CEO Patrick Byrne, "given how much effort and investment we've dedicated to improving the customer experience. This Keynote announcement validates the flood of positive feedback we've received."

Byrne says the past year has seen the successful implementation of several initiatives aimed specifically at boosting page download time.

"There is a correlation between site responsiveness and shopper conversion," Byrne noted. "From a business perspective, it was a simple decision, and one of the central reasons our customer satisfaction metrics have been trending up."

Keynote Competitive Research gathered the site reliability and responsiveness data as part of a larger study measuring overall customer experience, in which Overstock earned a fourth place rank --ahead of such retail powerhouses as Wal-Mart, Target, and Borders. For a more complete report of the Keynote study, see http://keynote.com/docs/kcr/Retail_Books_Music.pdf.

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 System and can be found online at http://www.overstock.com.

About Keynote

The Keynote Service Level Rankings studies examine the technical performance of leading online retail Web sites, including site responsiveness and reliability. The studies use Keynote's Transaction Perspective® solution, the leading subscription-based service for measuring and monitoring Web site performance. Transaction Perspective mimics the actions of consumers and examines performance from multiple geographic locations, collecting more than 6,500 data points for each site to detail online technical performance. The studies offer online retailers insight into their technical performance relative to their competitors, and provide detailed data on their site's performance across seven key measures critical to the operational health of an online business.

Overstock.com® is a registered trademark of Overstock.com, Inc. All other marks 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 correlation between site responsiveness and shopper conversion. Our Form 10-K for the year ended December 31, 2006, our subsequent quarterly reports on Form 10-Q, 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.