POWAY and IRVINE, Calif., Aug. 5 /PRNewswire-FirstCall/ -- Gateway, Inc.
announced today that it will expand its distribution of eMachines products in
Japan by selling the brand's desktop and notebook PCs through Joshin Denki Co.
Ltd., a leading electronics retailer with more than 100 stores across the
Osaka region.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020930/LAM050LOGO)
The eMachines brand has been available in Japan since late 2002 and is now
sold through stores operated by Tsukomo Co. Ltd., a PC retailer with
10 stores, and Ishimaru Denki Co. Ltd., a an electronics retailer with
19 outlets.
Wayne Inouye, Gateway's president and CEO, said, "We are delighted to team
up with Joshin and we're pleased that they recognize the value of the
eMachines brand and the appeal it will have to their customers. We look
forward to working with them to expand the distribution of our products,
making them more widely available to millions of consumers."
Joshin will initially carry three eMachines desktop PCs, with notebooks to
be added later in the year.
In addition to Japan and the United States, Gateway sells the eMachines
brand in the UK and various markets within Western Europe.
About Gateway
Since its founding in 1985, Gateway (NYSE: GTW) has been a technology
pioneer, offering award-winning PCs and related products to consumers,
businesses, government offices and schools. With its acquisition of eMachines
now complete, Gateway is the third largest PC company in the U.S. and among
the top ten worldwide. Its products under both brands received approximately
150 awards and honors last year. Gateway products are offered at major
retailers, over the web and phone, and through its direct sales force.
eMachines products are sold by major retailers. See http://www.gateway.com
for more information.
Special note
This press release contains forward-looking statements that involve risks
and uncertainties, as well as assumptions that, if they do not materialize or
prove incorrect, could cause Gateway's results to differ materially from those
expressed or implied by such forward-looking statements. All statements,
other than statements of historical fact, are statements that could be
forward-looking statements, including any projections or preliminary estimates
of earnings, revenues, or other financial items; any statements of plans,
strategies and objectives of management for future operations; any statements
regarding sales by third-parties of Gateway products; any statements regarding
proposed new products, services or developments; any statements regarding
future economic conditions or performance; statements of belief and any
statement of assumptions underlying any of the foregoing. The risks that
contribute to the uncertain nature of these statements include, among others,
our inability to control the sales, plans and strategies of third-party
retailers, competitive factors and pricing pressures, including the impact of
aggressive pricing cuts by larger competitors; general conditions in the
personal computing industry, including changes in overall demand and average
selling prices, shifts from desktops to mobile computing products and
information appliances and the impact of new microprocessors and operating
software; the ability to simplify the company's business, change its
distribution model and restructure its operations and cost structure;
component supply shortages; short product cycles; the ability to access new
technology; infrastructure requirements; risks of international business;
changes in accounting rules; the impact of litigation and government
regulation generally; inventory risks due to shifts in market demand; the
impact of employee reductions and management changes and additions; and
general economic conditions, and other risks described from time to time in
Gateway's Securities and Exchange Commission periodic reports and filings.
Gateway assumes no obligation to update any forward-looking statements to
reflect events that occur or circumstances that exist after the date on which
they were made.
SOURCE Gateway, Inc.
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Related links:
http://www.gateway.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020930/LAM050LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Company News On-Call:
http://www.prnewswire.com/comp/144245.html
CONTACT:
Dave Hallisey of Gateway, Inc.,
+1-858-848-3874, david.hallisey@gateway.com
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