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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Irene Lynn who wrote (1225)7/15/1998 11:53:00 AM
From: Irene Lynn  Respond to of 4903
 
Wednesday July 15, 11:00 am Eastern Time

Company Press Release

ONSALE Expands Management Team

MENLO PARK, Calif.--(BUSINESS WIRE)--July 15, 1998--ONSALE(R), Inc.
(NASDAQ:ONSL - news), a leading electronic retailer in interactive
online auctions for businesses and consumers, today announced that it
has named John Dean and Brian Fawkes as vice presidents of travel
products and corporate communications, respectively.

''I am very pleased to have John and Brian join our management team,''
said Jerry Kaplan, ONSALE's president and chief executive officer.
''Each of them has more than 20 years experience in their field, and I
am confident that they will help accelerate the company's expansion
plans into new business areas.''

Dean will oversee the acquisition of new travel and vacation products
and services for ONSALE's web site (www.onsale.com); Fawkes will be
responsible for the company's public relations and financial
communications.

Dean joins ONSALE as the company diversifies its customer offerings into
the travel and vacation marketplace. ONSALE recently entered an
exclusive arrangement with the world's largest timeshare-exchange
company, Resort Condominiums International LLC (RCI(R)), a subsidiary of
Cendant Corporation (NYSE:CD - news). Dean will oversee the program
which gives ONSALE exclusive rights to market certain resort condominium
rental weeks from RCI at auction over the Internet.

Before joining ONSALE, Dean was vice president of Uniglobe Travel
International, a multinational travel company, where he developed
worldwide marketing and sales programs with airlines, hotels, car rental
companies, tour wholesalers, cruise lines and global distribution
systems. He also worked for several years creating sales and marketing
programs for a major Canadian airline.

Prior to joining ONSALE, Fawkes was senior vice president of marketing
at Richter Paradigm Corp., an Australian-based software start-up
company. Earlier he served as vice president of marketing communications
at Insignia Solutions(R), and has served in marketing management
positions at Symantec(R), Dell(R) Computer and IBM(R).

About ONSALE

ONSALE (NASDAQ:ONSL - news) is a leading electronic retailer pioneering
an efficient and entertaining new distribution channel -- the
interactive online auction. The company specializes in selling excess
merchandise and services -- such as personal computers, consumer
electronics, housewares, sports and fitness equipment, vacation and
travel packages, and specialty foods -- over the Internet. ONSALE is
located on the World Wide Web at www.onsale.com.

Note to Editors: ONSALE is a registered trademark of ONSALE, Inc. All
other companies and brand names mentioned are trademarks or registered
trademarks of their respective holders

The statements in this press release relating to matters that are not
historical are forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially from
those anticipated, including but not limited to, rapid technological
changes in the industry; increased competition; and timely introduction
and customer acceptance of the company's products. These risks and
uncertainties are described in reports and other documents filed by
ONSALE with the Securities and Exchange Commission.
------------------------------------------------------------------------
Contact:
ONSALE, Inc.
Stefanie Elkins, 650/470-2448
selkins@onsale.com
or
Brian K. Fawkes, 650/470-2713
fawkes@onsale.com

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More Quotes
and News:
Cendant Corp (NYSE:CD - news)ONSALE Inc (Nasdaq:ONSL - news)
Related News Categories: computers, internet, leisure/travel, retail
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