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GATEWAY 2000 DROPS PC PRICES BY $50

 GATEWAY 2000 DROPS PC PRICES BY $50
 NORTH SIOUX CITY, S.D., Dec. 10 /PRNewswire/ -- Gateway 2000, a


leading direct marketer and manufacturer of IBM PC-compatible computers, has dropped $50 off the price on most of its systems. The company's fully configured 486/33 system is now $2,945.
 486/33 DROPPED TO $2,945; 386/33 DROPPED TO $2,395.
 The price of the 33MHz 486 system was dropped to $2,945. This system features 8MB of RAM (expandable to 64MB), a 64K cache RAM asnd a 200MB hard drive.
 The 33MHz 386 system was dropped to $2,395. This system has the same configuration of the 486 PC, except it comes with 4MB of RAM (expandable to 64MB).
 The 25MHz 386 system was dropped to $1,895 and comes with 4MB of RAM (expandable to 16MB) and an 80MB hard drive.
 386SX SYSTEMS RECENTLY DROPPED $50
 The privately held company also recently dropped the prices on its 16MHz and 20MHz 386SX systems by $50 each, to $1,445 and $1,745 respectively. The 16MHz system comes with 2MB of RAM (expandable to 16MB) and a 40MB hard drive. The 20MHz system comes with 4MB of RAM (expandable to 16MB), a 32K cache RAM and an 80MB hard drive.
 All of these systems come with 5.25-inch and 3.5-inch drives, a 16-bit VGA card with 1MB of RAM, a Crystal Scan 1024NI color monitor, DOS 5, windows 3.0 and a Microsoft mouse.
 THE NEW PRICES ARE EFFECTIVE IMMEDIATELY
 According to Mike Schmith, a spokesperson for Gateway 2000, "As our volumes continue to rise, our component costs go down, and we pass these savings on to our customers."
 GATEWAY NAMED FASTEST-GROWING PRIVATE COMPANY IN AMERICA
 Gateway 2000 was recently named the fastest-growing private company in America(A) based on the percentage of growth in sales between 1986 and 1990. The company showed a growth rate of 26,469 percent during those years earning it the top spot (up one slot from last year) in "The 1991 Inc. 500: America's fastest-growing private companies."
 ABOUT GATEWAY 2000
 Gateway 2000 currently sells more computers in the U.S. through the direct market channel than any other PC manufacturer. The company's total revenue for 1990 exceeded $275 million.
 In the first nine months of 1991, Gateway sold more than 163,000 systems for $420 million in revenue. At its current run-rate, the company expects its 1991 revenue to exceed $600 million.
 Founded in 1985, Gateway 2000 is located in N. Sioux City, and is known for its excellent prices on high-performance computer systems, outstanding support and dependable service. The company currently employs more than 1,300.
 (A) Inc. magazine December 1991.
 -0- 12/10/91
 /NOTE TO EDITORS: Gateway 2000, 610 Gateway Dr., N. Sioux City, S.D., 57049, 605 232-2000 or 800-523-2000.
 Product names mentioned herein may be trademarks and or registered trademarks of their respective companies./
 /CONTACT: Glynis Gibson, 312-883-2388, for Gateway 2000/ CO: Gateway 2000 ST: South Dakota IN: CPR SU:


SH -- NY018 -- 0953 12/10/91 10:51 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 10, 1991
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