COOL news with Compaq just out!
PR NEWSWIRE) Outpost.com Selected by Compaq to Sell New Workstation for Onli
Outpost.com Selected by Compaq to Sell New Workstation for Online Investors
KENT, Conn., Feb. 24 /PRNewswire/ -- Outpost.com (Nasdaq: COOL), a leading
global internet-only retailer of high-end consumer products, announced today
that it has signed a partnership agreement with Compaq Computer Corporation
(NYSE: CPQ) to sell Compaq's new online investor workstation solution, based
on the Desktop Workstation AP250, specifically designed for the rapidly
growing community of online investors.
The new robust workstation based solution will enable investors to better
analyze large amounts of market data, improve performance with their trading
and productivity applications, and keep pace with today's rapidly changing
markets.
To inaugurate this industry-first solution, Compaq is offering customers
that order the new workstation and selected Compaq monitor through
Outpost.com, several valuable incentives including a $200 rebate from Compaq
and $200 in trading credits for customers of Wall Street Access, an online
brokerage company. In addition, Wall Street Access and Omega Research, a
leading trading analysis software and market data supplier, will offer new
Wall Street Access customers that buy a workstation from Outpost.com a free
13 month subscription to Omega's WindowonWallStreet.com service valued at
$900.
Compaq customers ordering the workstation from Outpost.com can place
domestic US orders until midnight Eastern time on any day for free next day
delivery. They also receive a 30-day money back guarantee, a 24 hour real
people customer service center and a fully encrypted secure server.
"We selected Outpost.com as our exclusive distributor of this Online
Investor Workstation, which we introduced in conjunction with Wall Street
Access, based on their acclaimed web expertise and their outstanding
reputation for customer service, order management and fulfillment services,"
said Ed Ellett, Vice President and General Manager of Worksations at Compaq.
"Our selection by Compaq, a Fortune Global 100 company, is recognition of
the importance of teaming with a company like Outpost that has a reputation
for providing successful e-commerce solutions," said Bob Bowman, president and
chief executive officer of Outpost.com. "We are confident that our Web
expertise and our existing customer base of more than 500,000 customers and
4 million visitors per month will help drive workstation sales for Compaq,"
Mr. Bowman said.
Street prices for the online investor configuration of the Deskpro
Workstation AP250 with a Compaq V700 monitor offered through Outpost.com start
at $3549.95. Details concerning the $400 rebate can be found at
compaq.com. Customers
can initiate their purchase at outpost.com.
About Outpost.com
Outpost.com has been at the forefront of e-commerce since 1995, setting
the standard for online customer experience by building trust with its
customers at every point of contact.
Outpost.com has recently expanded its business model to offer its
outstanding customer shopping experience to a number of highly visible
partners by providing site design, site maintenance, order management and
fulfillment. These partnerships with Tweeter Home Entertainment Group,
Brookstone, Golf Galaxy, Sandbox and Exactly Vertical, collectively expand the
clicks and mortar presence of Outpost.com to more than 300 land based retail
stores. Each of these partnerships builds on the strengths of Outpost.com's
#1 top-rated consumer shopping experience on the Web as rated by the on-line
rating service Bizrate.com and the 1999 #1 PowerRanking for Computing by
Forrester Research. The unique TruePrice Policy at Outpost.com guarantees
that the price you see is the price you pay -- no hidden shipping or handling
charges, includes a 30 day money back guarantee and a 24-hour real people
Customer Service Center. The free next-day delivery service for in stock
products is unmatched in the industry. All products are shipped free and
overnight, every day.
Today, Outpost.com has an existing customer base of over 500,000 and over
4 million visitors per month to its Website. Outpost.com was recently ranked
first in the computing category of the first ever Forrester PowerRankings(TM)
by Forrester Research, Inc., which combined survey data from online consumers,
rigorous shopping-experience tests and unbiased expert analysis to provide
objective rankings of the leading e-commerce sites.
This release may contain forward-looking statements that are subject to
certain risks and uncertainties. Such statements are based on management's
current expectations and are subject to a number of factors and uncertainties
that could cause actual results to differ materially from those described in
the forward-looking statements, especially when measured on a quarterly basis.
The Company cautions investors that there can be no assurance that actual
results or business conditions will not differ materially from those projected
or suggested in such forward-looking statements as a result of various
factors, including, but not limited to, the following: (i) technological
difficulties (ii) our early stage of development, (iii) competition, (iv) our
ability to expand internationally, (v) uncertainty regarding the continued
growth of the Internet and online commerce, (vi) uncertainty regarding
governmental regulation and (vii) reliance on strategic alliances.
SOURCE Outpost.com
-0- 02/24/2000
/CONTACT: Jim Gallagher of Outpost.com, 860-927-8616,
jgallagher@outpost.com/
/Web site: outpost.com
(COOL CPQ)
CO: Outpost.com; Compaq Computer Corporation
ST: Connecticut
IN: MLM CPR REA
SU: JVN LIC
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