American Megatrends Offers Products at Onsale.ATLANTA--(BUSINESS WIRE)--Nov. 3, 1999-- American Megatrends American Megatrends Incorporated (AMI) is a Georgia, USA based hardware company that creates PC hardware and firmware. It was founded in 1985 by the current chairman and president, S. Shankar. : Editorial Summary
-- AMI partners with Onsale.com atAuction to distribute refurbished
products.
-- AMI products listed on atAuction include RAID controllers,
motherboards and software utilities.
American Megatrends Inc. (AMI), a leading provider of RAID, BIOS, server motherboards and remote management hardware and utilities, today announced it will expand its existing partnership with Onsale, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ONSL ONSL Old North St. Louis (neighborhood just north of downtown St Louis, MO) ONSL Optical Network Simulation Layer (VPI) ONSL Organization Nationale des Syndicats Libres ), a leading Internet retailer providing low prices and personalized service, to offer refurbished and End-of-Life (EOL (1) (End Of Line) A character that signals the end of the current line of text or commands. (2) (End Of Life) Refers to the planned demise of a hardware or software product due to its natural evolution from utility to ) products at Onsale atAuction's computer products site at www.onsale.com. "By expanding our products at www.onsale.com to Onsale atAuction, we can open additional avenues for AMI's product lines," said Jason Sabatino, RAID Program Manager at AMI. "Working with Onsale.com not only benefits us, but also benefits buyers looking to buy top quality products through a top quality means." AMI will sell all of its MegaRAID(R) controllers, motherboard and software utility products, which are either EOL or refurbished and are still on demand in the market, at Onsale's site. "AMI has realized the significant benefits of allocating their EOL and refurbished products through Onsale, and through that process accruing marketing credits that can be used toward the promotion of front line A goods using our Ad+Vantage program," said Victor Hanna, Vice President of the Computer Products Group at Onsale. Onsale.com atAuction provides an exciting and convenient way to purchase quality products and services at attractive prices. Every day it opens a new set of auctions where thousands of items are posted. Consumers set the price of items such as computers and peripherals, which means they never pay more than they want. About AMI Founded in 1985, American Megatrends Inc. (AMI) has dedicated its resources to providing OEMs, resellers and systems integrators with leading edge computer technologies. This privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , best known for its Basic Input/Output Systems (operating system) Basic Input/Output System - (BIOS, ROM BIOS) The part of the system software of the IBM PC and compatibles that provides the lowest level interface to peripheral devices and controls the first stage of the bootstrap process, including installing the operating or BIOS, also supplies its state-of-the-art hardware, software, utilities and RAID controllers to over 55 percent of today's high-tech manufacturers. Headquartered in Atlanta, AMI has locations in the U.S. and throughout the world including London, Madras Madras. 1 State and former province, India: see Tamil Nadu. 2 City, India: see Chennai. , Munich, Seoul, Taipei and Tokyo to better serve our customers. For more information on AMI, its products, services or reseller opportunities, call 1-800-U-BUY-AMI or visit www.ami.com. About Onsale.com Onsale (NASDAQ: ONSL) is a leading Internet retailer providing low prices and personalized service through automation. Onsale atCost offers computer equipment at wholesale prices directly to businesses and consumers. Onsale atAuction offers bargains on excess merchandise and services through online auctions, such as personal computers, consumer electronics, sports and fitness equipment and vacation packages. Onsale atCost and Onsale atAuction are located on the World Wide Web at www.onsale.com. (c)1999 Onsale, Inc. All Rights Reserved. Onsale is a registered trademark and Onsale atAuction and Onsale atCost are trademarks of Onsale, Inc. All other companies and their brand names mentioned are trademarks or registered trademarks of their respective holders. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding the company and its expectations, which involve risks and uncertainties. These and other risks and uncertainties are described in more detail in the company's most recent quarterly report on Form 10-Q Form 10-Q See 10-Q. and annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. under "Risk Factors." NOTE TO EDITORS: Key Words: RAID controllers, Software, Motherboards, Refurbished, EOL |
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