Egghead.com Rated No. 1 Online Consumer Electronics Retailer by Nielsen//NetRatings; Top Rankings Also Awarded by PC Data Online and Gomez.com.Business Editors & Internet Writers MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--March 29, 2000 Egghead.com(R), Inc. (Nasdaq:EGGS), a leading Internet technology retailer, today announced that it received high rankings by several leading e-commerce research firms. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Nielsen//NetRatings, the worldwide leader in Internet media and market research, Egghead.com was the top site selling consumer electronics in February. Egghead.com was also the "stickiest" site among the leaders in the consumer electronics category, according to Nielsen//NetRatings, with visitors averaging over 20 minutes on the site during that month. PC Data Online, another independent research firm, ranked Egghead.com the top web retailer of technology products among U.S. home web users for the month of February. Egghead.com was also awarded the No. 1 ranking for the Gomez.com Internet Buying Services Scoreboard's Ease-of-Use category. Gomez.com rates web sites by their intuitive layout, tightly integrated content and functionality, useful demos, and extensive online help. Media Metrix, a leader in Internet and digital media measurement, reported that Egghead.com showed a customer base growth of 3 percent from January to February. "We are pleased that these independent research studies confirm our status as the leading electronic retailer of technology products and related categories over the Internet," said Jerry Kaplan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Egghead.com. "In contrast to more seasonal consumer e-tailers, our base of Small Business and Home Office (SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. ) customers continues to buy year round. With nearly three million people visiting our site, we touch about one percent of the U.S. population every month. Our online Superstores, Smart Deals and Auction sales channels are easy-to-use and provide an efficient method for small to medium businesses to purchase products." About Egghead.com The new Egghead.com is a leading Internet retailer specializing in technology products for the office and home. Egghead merged with Onsale, Inc. in November 1999, and offers a wide range of items from computer hardware and software to consumer electronics, sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport and vacation packages. Its auction site offers bargains on excess and closeout closeout, closure the finalization of a feeding program in a feedlot. The cattle are sold and a balance sheet is struck which includes the costs of feeding and housing or confining them. goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . Egghead.com combines broad selection, low prices and excellent service to provide an outstanding online shopping experience for businesses and consumers. Egghead.com is located on the Internet at www.egghead.com. This press release contains "forward-looking" statements, including projections about our business, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense future tense n. A verb tense expressing future time. Noun 1. future tense - a verb tense that expresses actions or states in the future future , and statements that we "expect," "plan," "estimate," "anticipate" or "believe," are 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. . These forward-looking statements are based on information available to us at the time of this release and we assume no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations as a result of numerous factors. For example: additional issuances of our common stock under our agreement with Acqua Wellington may have the effect of lowering the market price of our common stock; it may be more difficult than we anticipate, as a result of continued strong competition, to increase our customer base, average spending, or gross margins; and we may encounter unexpected difficulties in implementing our business plans. These and other risks and uncertainties associated with our business are detailed in our most recent 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. and Form 10-Q Form 10-Q See 10-Q. , and the prospectus and any supplements filed in connection with the registration statement covering this offering, which are on file with the SEC and available through www.sec.gov. Note to Editors: Egghead.com and Onsale are registered trademarks of Egghead.com, Inc. All other trademarks are of their respective holders. |
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