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Gateway Notebook PCs to Appear in All Best Buy Stores Later This Month Key Step in Company's Strategy to Expand PC Distribution Beyond its Popular Direct Channels POWAY and IRVINE, Calif., July 22 /PRNewswire-FirstCall/ -- Gateway, Inc. today announced that Best Buy, the nation's leading retailer of PCs and consumer electronics, will begin selling new Gateway-branded notebooks this month, with desktops to follow. (Logo: http://www.newscom.com/cgi-bin/prnh/20020930/LAM050LOGO) The systems will be sold across Best Buy's retail network of 622 stores nationwide. Two notebooks will appear on its shelves this month, while desktop models will be rolled out beginning in August. Their availability at Best Buy represents an important step in expanding the distribution of Gateway PCs beyond the company's traditional direct channels, following the closure of its 188 retail stores in April. Gateway adopted this strategy after its merger in March with eMachines, Inc., whose eMachines-branded products are sold through major retailers in the U.S., Japan and the UK. The Gateway notebooks will offer leading-edge technology in thin and light designs to complement the mainstream, high-performance configurations sold under the eMachines brand, offering customers a broad range of systems to choose among. "Gateway is one of the most well-known and trusted brands in America," said Wayne Inouye, Gateway's president and chief executive officer. "We're pleased that Best Buy has recognized the value of our brand and the appeal it will have to their customers. Gateway's products will be included in Best Buy's advertising inserts which reach over 50 million households a week, and we look forward to working with them to expand the distribution of our products, making them more widely available to millions of consumers." "Best Buy is excited to add Gateway to our wide assortment of computers. This strengthens our product offering while providing even more choices to consumers," said Wendy Fritz, vice president of computing at Best Buy. Details about the new Gateway notebooks will be available when products are ready for sale. About Gateway Since its founding in 1985, Gateway (NYSE:GTW) has been a technology and direct-marketing pioneer, using its call centers, web site, direct sales force and retail alliances to build great customer relationships. Gateway offers consumers, businesses and schools a wide range of thin TVs, digital cameras, home networking products, servers, storage and other products, which work together seamlessly with its award-winning line of eMachines and Gateway PCs. Its products and services received nearly 130 awards and honors last year. With its acquisition of eMachines now complete, Gateway is the third largest PC company in the U.S. and among the top ten worldwide. Visit http://www.gateway.com/ for more information. Special note This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not materialize or prove incorrect, could cause Gateway's results to differ materially from those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be forward-looking statements, including any projections or preliminary estimates of earnings, revenues, or other financial items; any statements of plans, strategies and objectives of management for future operations; any statements regarding sales by third-parties of Gateway products; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks that contribute to the uncertain nature of these statements include, among others, our inability to control the sales, plans and strategies of third-party retailers, competitive factors and pricing pressures, including the impact of aggressive pricing cuts by larger competitors; general conditions in the personal computing industry, including changes in overall demand and average selling prices, shifts from desktops to mobile computing products and information appliances and the impact of new microprocessors and operating software; the ability to simplify the company's business, change its distribution model and restructure its operations and cost structure; component supply shortages; short product cycles; the ability to access new technology; infrastructure requirements; risks of international business; changes in accounting rules; the impact of litigation and government regulation generally; inventory risks due to shifts in market demand; the impact of employee reductions and management changes and additions; and general economic conditions, and other risks described from time to time in Gateway's Securities and Exchange Commission periodic reports and filings. Gateway assumes no obligation to update any forward-looking statements to reflect events that occur or circumstances that exist after the date on which they were made. http://www.newscom.com/cgi-bin/prnh/20020930/LAM050LOGO http://photoarchive.ap.org/ DATASOURCE: Gateway, Inc. CONTACT: Media, Bob Sherbin of Gateway, Inc., +1-858-848-3886, Web site: http://www.gateway.com/

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