Gateway Expands Sales Relationship With Office Depot to Include New Desktop PCs
August 19 2004 - 9:00AM
PR Newswire (US)
Gateway Expands Sales Relationship With Office Depot to Include New
Desktop PCs Expansion of Relationship Means More Gateway Products
Will Be on Office Depot Shelves POWAY, Calif. and IRVINE, Calif.,
Aug. 19 /PRNewswire-FirstCall/ -- Gateway's new desktop PCs will be
available at Office Depot's 867 stores nationwide, starting this
weekend. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020930/LAM050LOGO ) Office
Depot, a leader in technology sales, has stocked select Gateway PC
configurations over the past six months in its retail stores. Now,
Gateway products will be available on an ongoing basis in the
stores, as well as on the company's web site at OfficeDepot.com.
The expanded arrangement with Office Depot furthers Gateway's
strategy to make its PCs available at major retailers in addition
to Gateway's direct channels. Following Gateway's merger with
eMachines in March, the company announced plans to close its own
retail network and develop relationships with key third-party
vendors. "We are pleased to expand our relationship with Office
Depot to include our new lines of desktop PCs," said Wayne Inouye,
Gateway's president and CEO. "Office Depot's sales expertise is
valuable to Gateway, as it includes every distribution channel,
including stores, contract delivery, and consumer and
business-to-business electronic commerce. This announcement is good
news for both Gateway and Office Depot's customers." "Gateway has
great name recognition among home and office PC users -- two of the
largest groups of customers who purchase technology products at
Office Depot stores," said John Lostroscio, vice president of
technology merchandising at Office Depot. "Our relationship with
Gateway has been extremely successful to date, which is why we
embraced the opportunity to sell a wider range of Gateway PCs in
our stores." See additional news release issued today entitled,
"Gateway Unveils First Line of Desktop PCs for Sale Through Major
Retailers" for more details about the new Gateway PCs to be sold
via Office Depot retail stores. About Gateway Since its founding in
1985, Gateway (NYSE:GTW) has been a technology pioneer, offering
award-winning PCs and related products to consumers, businesses,
government offices and schools. With its acquisition of eMachines
now complete, Gateway is the third largest PC company in the U.S.
and among the top ten worldwide. Its products under both brands
received more than 150 awards and honors last year. Gateway
products are offered at major retailers, over the web and phone,
and through its direct sales force. eMachines products are sold by
major retailers. See 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: Lisa
Emard of Gateway, Inc., +1-858-848-3426, Web site:
http://officedepot.com/ Web site: http://www.gateway.com/ Company
News On-Call: http://www.prnewswire.com/comp/144245.html
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