Expansion of Relationship Means More Gateway Products Will Be on
Office Depot Shelves
POWAY, Calif. and IRVINE, Calif., Aug. 19 /PRNewswire-FirstCall/ --
Gateway's new desktop PCs will be available at Office Depot's 867 stores
nationwide, starting this weekend.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020930/LAM050LOGO )
Office Depot, a leader in technology sales, has stocked select Gateway PC
configurations over the past six months in its retail stores. Now, Gateway
products will be available on an ongoing basis in the stores, as well as on
the company's web site at OfficeDepot.com.
The expanded arrangement with Office Depot furthers Gateway's strategy to
make its PCs available at major retailers in addition to Gateway's direct
channels. Following Gateway's merger with eMachines in March, the company
announced plans to close its own retail network and develop relationships with
key third-party vendors.
"We are pleased to expand our relationship with Office Depot to include
our new lines of desktop PCs," said Wayne Inouye, Gateway's president and CEO.
"Office Depot's sales expertise is valuable to Gateway, as it includes every
distribution channel, including stores, contract delivery, and consumer and
business-to-business electronic commerce. This announcement is good news for
both Gateway and Office Depot's customers."
"Gateway has great name recognition among home and office PC users -- two
of the largest groups of customers who purchase technology products at Office
Depot stores," said John Lostroscio, vice president of technology
merchandising at Office Depot. "Our relationship with Gateway has been
extremely successful to date, which is why we embraced the opportunity to sell
a wider range of Gateway PCs in our stores."
See additional news release issued today entitled, "Gateway Unveils First
Line of Desktop PCs for Sale Through Major Retailers" for more details about
the new Gateway PCs to be sold via Office Depot retail stores.
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
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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