Gateway Continues to Increase Distribution
With the Nation's Largest Retailers
POWAY, Calif. and IRVINE, Calif., Aug. 16 /PRNewswire-FirstCall/ --
Gateway, Inc. today announced that CompUSA, Inc., the nation's second-largest
retailer of PCs, will begin selling Gateway-branded desktops later this week.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020930/LAM050LOGO)
The systems will be sold across CompUSA's retail network of 226 stores
nationwide and through the company's web site.
The availability of Gateway PCs at major retailers -- in addition to
Gateway's traditional direct channels of web and phone -- follows the closure
of its 188 retail stores in April. Gateway adopted this strategy following
its merger in March with eMachines, Inc., whose eMachines-branded products are
sold through major retailers in the U.S., Japan and the UK.
"This represents another significant step forward in ensuring that the
Gateway brand is widely available at the retail outlets where our customers
shop," said Wayne Inouye, Gateway's president and CEO. "CompUSA is an
excellent distribution channel for us and we look forward to working with them
to make our desktops available to their millions of customers."
"Gateway is one of the most popular PC brands on the market today," said
Gary Bale, CompUSA's Vice President, Hardware Divisional Merchandise Manager.
"One of CompUSA's goals is to provide our customers with the widest range of
choices available, so we're pleased to be adding Gateway PCs to our shelves."
Details about the Gateway desktops carried by CompUSA will be available
when the systems are ready for sale later this week.
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 more than
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
CONTACT:
Lisa Emard of Gateway, Inc., +1-858-848-3886,
lisa.emard@gateway.com
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