buy.com™ EXPANDS WIRELESS OFFERING WITH LAUNCH OF 2-WAY TEXT MESSAGING DEVICES POWERED BY WEBLINK WIRELESS
ALISO VIEJO, Calif., May 14, 2001--buy.com (Nasdaq:BUYX), The Internet
Superstore™, now offers the Motorola Talkabout® Model T900 2-way
messaging device powered by WebLink Wireless. The Motorola T900 allows
subscribers to have instant accessibility to co-workers, family, and
friends via wireless instant messaging and email services. WebLink
Wireless will provide online and call in customer service for T900
activation, technical support and value added application development.
"Our tech-savvy customer is looking for a variety of innovative ways to
stay connected", said John Herr, Sr. VP Sales & Marketing for buy.com.
"The demand for wireless messaging is rapidly growing and the Motorola
T900 is the hottest 2-way on the market. Coupled with WebLink Wireless
services such as Remote Email Manager and Internet Information on
Demand, we believe our customers will find an even greater value in
their 2-way."
The worldwide wireless data market will grow from about 170 million
subscribers in 2000 to greater than 1.3 billion in 2004. Messaging
will be the primary driver of wireless data adoption over the next few
years. The number of wireless messages sent per month will grow from 3
billion in December 1999 to 244 billion by December 2004. (Cahners
In-Stat Group, Sept. 2000)
About buy.com
buy.com, The Internet Superstore™ and low price leader,
offers its 3.5 million customers nearly 1,000,000 SKUs in a range of
categories including computer hardware and software, electronics,
wireless products and services, books, sporting goods, office supplies
and more. Individuals and businesses can shop quickly and easily at
buy.com 24 hours a day, 7 days a week. buy.com was named the No. 1
electronics e-tailer in the latest PowerRankings by Forrester Research,
Inc., a "Best of the Web" in the computer and electronics category by
Forbes Magazine for two consecutive years, and "Best Overall Place To
Buy" by Computer Shopper Magazine (January 2001). buy.com, founded in
June 1997, is located in Aliso Viejo, California. For more information
visit www.buy.com. buy.com™ and The Internet Superstore,™ are
trademarks of buy.com Inc.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995.
This release may contain forward-looking statements that
involve risks and uncertainties. Important factors, which could cause
actual operating results to differ materially from those in the
forward-looking statements, including, without limitation risks that
economic softness and reduced consumer demand, competitive pressures,
reduced marketing expenditures combined with increased pricing will
result in a reduction in revenues. Other risks include our ability to
sustain and manage our growth and expansion into wireless categories,
our ability to maintain the necessary distribution and
telecommunication carrier relationships, our ability to successfully
operate within the wireless category, risks associated with launching
and building consumer awareness for new offerings, delays in new
service introductions, delays in the introduction of new subscriber
devices, regulatory issues and other business factors.. Additional
risks are detailed in filings with the Securities and Exchange
Commission made from time to time by buy.com, including its
Registration Statement on form S-1, as amended, filed with the
Securities and Exchange Commission on October 27, 1999, and its final
prospectus related to its initial public offering filed with the
Securities and Exchange Commission on February 7, 2000 and the
quarterly and annual reports filed with the Securities and Exchange
Commission from time to time. buy.com undertakes no obligations to
release publicly any revisions to any forward-looking statements to
reflect events or circumstances after the date hereof to reflect the
occurrence of unanticipated events.
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Contacts:
Financial,
Robert Price
(949) 389-2247
robertp@buy.com
Media,
Kathy Beaman
(949) 389-2247
kathyb@buy.com
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