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Cyberian Outpost Announces Preliminary Fiscal
Fourth Quarter Net Sales
COOL Revenue Increases an Estimated 300% in Fourth Quarter A 40% Growth over Previous
Quarter
Kent, Conn., March 3 /PRNewswire/ -- Cyberian Outpost, Inc. (Nasdaq: COOL - news), a leading global Internet-only
retailer of computer hardware, software and accessories, today announced preliminary unaudited net sales results for its fourth
quarter and fiscal year ended February 28, 1999. The Company expects to report audited results for these periods during the
first week of April 1999.
Outpost.com reported that total revenue for the fourth quarter of 1999, is expected to reach approximately $33.0 million. This
is an estimated four-fold increase over the $8.1 million reported in the same period last year and an approximate 40% increase
over the third quarter of fiscal 1999. The Company expects total revenue for the fiscal year ended February 28, 1999 to be
approximately $85.0 million, compared to $22.7 for the 1998 fiscal year. Outpost.com has achieved solid customer growth,
with a total of 280,000 customers at the end of February 1999, an addition of approximately 70,000 customers since the last
quarter.
''These record results are a product of our continued success in attracting new customers to Outpost.com and our proven
ability to deliver top notch customer service, both domestically and around the globe,'' commented Darryl Peck, Chief
Executive Officer of Cyberian Outpost. ''With 33% customer growth in the last quarter, Cyberian Outpost continues to be one
of the fastest growing e-commerce companies, a tribute to our breadth of products and our customer service endeavors. Our
efforts have been acknowledged recently as Outpost.com was named Retailer of the Year and Top Retail Innovator by
Computer Retail Week. And, the widely-respected BizRate.com Customer Satisfaction Survey ranks us as the #1 retailer in
the Software, Hardware and Accessories categories.''
About Cyberian Outpost, Inc.
A leader in global e-commerce since 1995, Cyberian Outpost (Nasdaq: COOL - news), operates the Outpost.com Internet
superstore for computer products from its Web site at outpost.com, 24 hours a day, seven days a week.
Outpost.com provides consumers and small office purchasers of computer products superior selection, quick and easy search
capabilities, and product information on over 150,000 computer hardware, software, and accessories. With a safe and secure
credit card payment system, fast and direct international shipping, Outpost.com offers exceptional value and service to its
customers worldwide.
This release may contain forward-looking statements that are subject to certain risks and uncertainties, including statements
regarding the Company's ability to grow its customer base and promote repeat buyers. 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: adjustments resulting from the final preparation and audit of the Company's annual financial statements.
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