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WirelessDevNet.com Press Release

Overstock.com Auctions Go Mobile with O-Anywhere Wireless Auction Software for Palm OS


Salt Lake City, UT January 28, 2005- O-Anywhere™ is a mobile phone and wireless handheld application that enables effortless real-time access to a users account and listings from the Overstock.com® Auction™ site, anywhere you are, everywhere you need. O-Anywhere version 1.0 for Palm Powered devices, with an Internet connection, makes a convenient auction experience possible; users are allowed to bid, search, browse, and monitor live auction listings from the Overstock.com Auctions site. O-Anywhere makes it easy to carry item listings and visual images as well as buyer and seller lists in the palm of your hand. Easy, on-the-go management of real-time auction status is a simple install away.

O-Anywhere incorporates ground-breaking features to support both buyers and sellers. View real-time information about items that have been won, lost, bought, and sold. View and add items to the watch list, view any items’ current bid price, an image, or compare prices of other auctions. Never miss out on an auction again by bidding upon the items directly from your wireless device. Sellers can now view the status of auctions away from their PCs and get a list of the similar items to compare prices and see pictures of competing items. It’s easy to check the amount of bids on an item that is up for sale, and determine who the winning bidder is. Monitoring selling items becomes a simple task that is always at hand.

The release of O-Anywhere demonstrates the commitment to provide a high level of service, ease-of-use, and ease-of-access to consumers by Overstock.com Auctions in cooperation with Abidia™. "This is a valuable new service for buyers and sellers because it provides easy access away from a PC and increases the availability of the Overstock Auctions site as a whole," said Holly MacDonald-Korth, vice president of Overstock.com Auctions. “Integrating our technologies builds upon Overstock.com Auctions’ innovative auction platform, providing a more accessible full featured experience from your palm,” said Mike Burch, CTO of Abidia. "We were absolutely pleased to welcome Overstock.com Auctions to the handheld market. O-Anywhere extends the Palm OS® platform to a new category by providing users with a powerful auction experience," said Larry Berkin, director of developer marketing, PalmSource.

Appealing Features:
• User friendly interface designed specifically for wireless devices, small screens, and ease-of-use.
• Effortless configuration; easy searching, browsing, watching, biding and monitoring in real-time.
• Sync with any Overstock.com Auctions account, minimize cost by selecting what and when to sync.
• Browse cached listings and images on your wireless device, chose when to sync and update.
• Dynamic support for color and monochrome devices including item images and descriptions.
• Install directly from your wireless device, via SMS to phone, or via your personal computer.
• Support for any networking technology including WiFi, Bluetooth, Ethernet, CDMA and GSM.

Immediate Availability:
O-Anywhere is presently available directly from the Abidia website at www.abidia.com, as well as the Overstock.com Auctions portal at auctions.overstock.com. It can be installed onto a Palm Powered device directly Over-The-Air, or with a Windows PC installer, Macintosh computers are supported with the OTA install. After a free two week trial, and as low as $2.49 per month with an annual subscription ($29.99 annually or $3.99 monthly), consumers can access their Overstock.com Auctions account anywhere, anytime.

About O-Anywhere:
O-Anywhere is a wireless application for Palm Powered devices with network connectivity for Overstock.com Auctions. With O-Anywhere buyers and sellers can bid, search, view and monitor auction status anywhere the may be. O-Anywhere is currently available for Palm Powered devices, with support for Windows Mobile based Pocket PC’s, Windows Mobile based Smartphone’s, BlackBerry Wireless Handheld devices, Symbian Series 60 Platform, Symbian UIQ Platform, and Java enabled (J2ME) mobile phone and wireless device editions coming soon. O-Anywhere can use network connections provided by WiFi (802.11x), Bluetooth, dialup Modems, or data networks provided by carriers such as Verizon Wireless, Cingular Wireless, AT&T Wireless, Sprint Wireless, T-Mobile, and many more.

About Abidia:
Abidia is a privately held company founded in February 2002. Abidia is the worldwide market leader of online auction tools and service for mobile phones and wireless handheld devices, with software released for Windows Mobile, Palm OS, RIM Blackberry, Symbian OS, and J2ME. For more information please visit, http://www.abidia.com. O-Anywhere, Abidia Wireless, ‘Auction, Anywhere. With Abidia’, and Abidia are trademarks or registered trademarks of Abidia. All other trademarks, registered trademarks, trade names, service marks and images mentioned and/or used herein belong to their respective owners.

About Overstock Auctions:
Overstock Auctions at Overstock.com is an online community of auction buyers and sellers connected through their personal and business networks. It offers 30% lower fees, volume discounts and a simple listing process for sellers; for buyers, it provides a trusted community of auction users. Overstock.com Auctions users can register in about 30 seconds by creating an account at http://auctions.overstock.com.

About Overstock.com:
Overstock.com Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com is a publicly traded company listed on the NASDAQ (OSTK), headquartered in Salt Lake City, and can be found online at www.overstock.com.

Overstock.com is a registered trademark, and Overstock.com Auctions is a trademark of Overstock.com, Inc. All other trademarks are the property of their respective companies.

PalmSource, Palm OS, Palm Powered, and certain other trademarks and logos appearing on this press release, are trademarks or registered trademarks of PalmSource, Inc. or its affiliate in the United States, France, Germany, Japan, the United Kingdom, and other countries. These marks may not be used in connection with any product or service that does not belong to PalmSource, Inc. (except as expressly permitted by a license with PalmSource, Inc.), in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits PalmSource, Inc., its licensor, its subsidiaries or affiliates. http://www.palmsource.com



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