Printer Friendly
The Free Library
19,607,050 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

First-Ever Consumer Model of the Segway-TM- Human Transporter Sold to Highest Bidders on Amazon.com.


Business Editors

MANCHESTER, N.H. & SEATTLE--(BUSINESS WIRE)--March 29, 2002

Winners from Texas, Virginia, Illinois Virginia is a city in Cass County, Illinois, United States. The population was 1,728 at the 2000 census[1]. It is the county seat of Cass County.GR6 Geography
Virginia is located at  (39.
; Proceeds total $364,800

for youth science organization

Segway LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, FIRST, and Amazon.com (Nasdaq: AMZN AMZN Amazon.com (NASDAQ symbol) ) today announced the winning bidders on three limited-edition Segway(TM) Human Transporters (HT), the first self-balancing, electric-powered personal transportation devices, which were auctioned exclusively at Amazon.com.

The auction event, which began February 19 and concluded March 28, raised a combined total of $364,800.00 for FIRST (For Inspiration and Recognition of Science and Technology), a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  founded by Dean Kamen Dean L. Kamen (born April 5, 1951) is an American entrepreneur and inventor. Born in Rockville Centre, New York, he attended Worcester Polytechnic Institute, but dropped out before graduating. His father is Jack Kamen, an illustrator of Weird Science and other EC Comics. , to inspire an appreciation of science and technology in young people, their schools and communities.

The Segway HT Noun 1. Segway HT - (trademark) a self-balancing personal transportation device with two wheels; can operate in any level pedestrian environment
Segway, Segway Human Transporter

electrical device - a device that produces or is powered by electricity
 auction on Amazon.com drew more than 500 bids from across the country. Segway HT #1 sold to an individual in Texas for $160,100.00. Segway #2 sold to an individual in Illinois for $104,100.00, and Segway #3 sold to an individual in Virginia for $100,600.00.

"It was exciting to witness the interest and bidding frenzy that surrounded the Amazon.com auction," said Dean Kamen, Segway's chairman & 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. . "FIRST is an organization that inspires and excites students about math, engineering and science, and we are thrilled to have such an enthusiastic response to the Segway HT consumer models to support this cause."

"We're extremely excited to team up with Segway and FIRST to offer the very first consumer model Segway HT's for purchase at Amazon.com by our customers," said Jeff Bezos Jeffrey Preston Bezos (born January 12, 1964 , Albuquerque ) is the founder, president, chief executive officer, and chairman of the board of Amazon.com. Bezos, a Phi Beta Kappa graduate of Princeton University, worked as a financial analyst for D. E. Shaw & Co. , Amazon.com founder and CEO. "FIRST is a wonderful organization, and we're grateful to the winning bidders for helping this great cause--now have some fun with your Segway HT's!"

The auction winners will have the opportunity to meet Dean Kamen and be presented with their Segway HT's at the FIRST Championship event, held April 25-27, at Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966)
Disney, Walter Elias Disney
 World's Epcot Center in Orlando, Florida.

For more information about this exclusive auction event, visit www.amazon.com and search for "Segway." To learn more about the Segway HT or FIRST, visit www.segway.com or www.usfirst.org.

ABOUT FIRST

Accomplished inventor Dean Kamen founded FIRST (For Inspiration and Recognition of Science and Technology) in 1989 to inspire an appreciation of science and technology in young people, their schools and their communities. Based in Manchester, N.H., FIRST designs accessible, innovative programs to build self-confidence, knowledge and life skills while motivating young people to pursue opportunities in science, technology and engineering. With the support of many of the world's most well-known companies, the non-profit organization hosts the FIRST Robotics Competition The FIRST Robotics Competition is a high school robotics competition organized by FIRST. As of early 2007, 1,303 high school teams of 32,500[1] students from Brazil, Canada, The Netherlands, Israel, the United States, the United Kingdom, Mexico, and others compete to  for high school students and the FIRST LEGO League The FIRST Lego League (also known by its acronym FLL) is a competition for elementary and middle school students (ages 9-14, 9-16 in Europe), arranged by the FIRST organization. The competition revolves around making Lego robots to complete many tasks.  for children 9-14 years old. To learn more about FIRST and the 2002 Robotics Competition go to www.usfirst.org.

About Amazon.com

Amazon.com opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares house·wares  
pl.n.
Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen.
, books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games This article is about the British magazine covering computer and video games. For the American magazine, see Computer Games Magazine.

Computer And Video Games (CVG
, cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living products. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers, and with Amazon.com Payments, sellers can accept credit card transactions, avoiding the hassles of offline payments. Amazon.com also offers the Amazon Credit Account, the online equivalent of a department store credit card, which provides shoppers the opportunity to buy now and pay later when shopping at Amazon.com.

Amazon.com operates four international Web sites: www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp. It also operates the Internet Movie Database (www.imdb.com), the Web's comprehensive and authoritative source of information on more than 300,000 movies and entertainment titles and 1 million cast and crew members dating from the birth of film.

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, strategic alliances and business combinations, seasonality, potential fluctuations in operating results and rate of growth, foreign currency exchange rates, management of potential growth, system interruption, international expansion, consumer trends, fulfillment center optimization, inventory, limited operating history, government regulation and taxation, fraud and Amazon.com Payments, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its 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.
 for the year ended December 31, 2001 and all subsequent filings.

About Segway

Segway LLC is a Manchester, NH, based business founded by renowned inventor and entrepreneur Dean Kamen to provide a solution to short-distance travel. The company has created the Segway(TM) Human Transporter (HT), the first self-balancing, electric-powered transporter designed to enhance the productivity of people by increasing the distance they can travel and the amount they can carry. Segway is funded by: Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse.  Private Equity, one of the largest managers of alternative assets Alternative Assets

A term referring to non-traditional assets with potential economic value.

Notes:
Examples of alternative assets include art and antiques, precious metals, fine wines, rare stamps and coins, and other collectibles such as sports cards.
 in the world, through Credit Suisse First Boston Equity Partners, L.P. and associated funds; Kleiner Perkins Caulfield & Byers, the leading venture capital firm helping entrepreneurs build sustainable technology businesses; and individual investors. For additional information about Segway, please visit our web site at: www.segway.com. Press releases and digital images are available at Segway's press center at: www.segway.com/news.

Segway is a trademark of Segway LLC in the United States and in other countries.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 29, 2002
Words:994
Previous Article:Trenwick Exercises Catastrophe Equity Put.
Next Article:Amazon.com Tech Trends.
Topics:



Related Articles
CARRIED AWAY BY IT SCOOTER TEST DRIVER FINDS EXPERIENCE TRANSPORTING, IN KEEPING WITH L.A. COOL.
Walk `N' roll. (Physical/Tech News).
Much ado about one little "Human Transporter"? (On First Reading).
Segway's debut rolls near amid concerns over safety.
Which way Segway?
Regulations for Segways vary from state to state. (Property/Casualty: Loss/Risk Management Notes).
Pedestrians on wheels.
'Segway' human transporter has first recall.
Two-wheel transporter for police unveiled.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles