Gateway Expands Retail Presence in Canada to Make Notebook
and Desktop PCs Available to Wider Audience
POWAY, Calif. and IRVINE, Calif., Aug. 11 /PRNewswire-FirstCall/ --
Gateway announced today that its notebook and desktop PCs will be available
across Canada in Best Buy's 22 retail stores and 109 Future Shop retail
stores, beginning the second half of August.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020930/LAM050LOGO )
The news of Gateway's expanded retail distribution follows the
announcements that Best Buy's 622 U.S.-based retail outlets have begun
stocking Gateway PCs.
The agreement significantly increases Gateway's presence in Canada, where
the company has been selling PCs for more than four years. The company's
notebook and desktop PCs will also be available via BestBuy.com and
FutureShop.com.
"Best Buy and Future Shop are trusted by millions of consumers in Canada
for their excellent service and commitment to selling top-quality products,"
said Wayne Inouye, Gateway's president and CEO. "They make a great fit for
Gateway and our line of quality PCs."
"We're excited to expand our computer assortment in Best Buy and Future
Shop stores in Canada with Gateway's strong brand and excellent PC products,"
said Charles Tobin, vice president of IPG, Digital Imaging and Appliances,
Best Buy Canada. "We want to ensure we're giving our customers a strong
line-up of choices in order to meet all their PC needs."
This marks another step forward in Gateway's strategy to make its PCs
available at major retailers in addition to Gateway's direct channels of phone
and web. The strategy to provide more customers with access to Gateway's
products follows Gateway's merger with eMachines in March. eMachines PCs are
available at leading retailers in the United States, Japan and Western Europe.
Details about the Gateway notebook and desktop PCs to be sold by Best Buy
and Future Shop stores in Canada will be available when the systems are ready
for sale in the second half of August.
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, which received nearly 130 awards and
honors last year, are offered at major retailers, over the web and phone, and
through its direct sales force. 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
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Company News On-Call: http://www.prnewswire.com/comp/144245.html
CONTACT: Lisa Emard of Gateway, Inc., +1-858-848-3426, lisa.emard@gateway.com
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