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Abidia and Overstock.com Auctions Strengthen O-Anywhere

28 February 2005

O-Anywhere™ is a mobile phone and wireless handheld application that enables effortless real-time access to user accounts and listings from the Overstock.com® Auctions™ site, anywhere you are, everywhere you need. O-Anywhere version 1.0 for Windows Mobile software for Pocket PCs 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 your pocket. Easy, on-the-go supervision of real-time auction status is a simple install away.

Adding to the ease-of-use and ease-of-access provided by O-Anywhere, support for Windows Mobile software further cements the commitment to provide exceptional service as well as extraordinary functionality to consumers by Overstock.com Auctions in cooperation with Abidia. "This release of O-Anywhere adds additional value for buyers and sellers by providing easy access to users of Windows Mobile-based devices, further increasing the accessibility of the Overstock Auctions site," said Holly MacDonald-Korth, vice president of Overstock.com Auctions.

“This release builds upon previous Abidia products, providing proven technology and a solid commitment to the innovative Overstock.com Auctions platform, while offering a substantial leap in progress of our 'Auction. Anywhere.' platform,” said Mike Burch, CTO of Abidia. “Our platform provides a complete auction experience that can be stored in your pocket, while removing the ties to your personal computer.”

“We are thrilled to have O-Anywhere join the growing list of popular applications that are now available for Windows Mobile-based devices,” said Mark Spain, director of the Mobile Devices Division at Microsoft Corp. “O-Anywhere 1.0 takes full advantage of compelling features in Windows Mobile software, such as high resolution and wide display mode, providing Windows Mobile-based Pocket PC customers with a powerful auction experience, on the go.”

O-Anywhere Benefits
O-Anywhere incorporates top-notch features to support both buyers and sellers.
•Monitoring item status becomes a simple task that is always at hand and available.
•View real-time status of current items, and items that have been won, lost, bought, and sold.
•Buyers: Monitor or add items to the watch list, view any items’ current price, image, or compare prices.
•Buyers: Never miss out on an auction again by bidding upon items directly from your wireless device.
•Sellers: It’s easy to check the amount of bids on items for sale, and determine who the winning bidder is.
•Sellers: Research similar items, compare prices, and see pictures, away from a PC, anywhere!

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

Immediate Availability
O-Anywhere is presently available directly from the Abidia website at http://www.abidia.com , the Abidia wapsite at http://wap.abidia.com , as well as the Overstock.com Auctions portal at auctions.overstock.com. It can be installed directly onto a Windows Mobile-based Pocket PC Over-The-Air, via SMS to a phone enabled device, or via the Windows PC installer. 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 enhances the Overstock.com Auctions platform with effortless, anytime, anywhere, access via wireless handheld and mobile phone devices; featuring customizable real-time synchronization with an Overstock.com Auctions account, wireless searching, cached browsing, wireless bidding, and the ability to effortlessly supervise auction listings on-the-go. O-Anywhere is currently available for Windows Mobile-based Pocket PC and Palm Powered devices, with support for Windows Mobile-based Smartphones, 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, ActiveSync, or data networks provided by carriers such as Verizon Wireless, Cingular Wireless, AT&T Wireless, Sprint Wireless, T-Mobile, Nextel, 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 for auction sites provided by eBay (NASDAQ: EBAY) and Overstock.com (NASDAQ: OSTK), 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.


This press release contains certain 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. Such forward-looking statements include, but are not limited to, statements regarding the features and benefits of the software, access to Overstock.com Auctions, and such other risks as identified in our Form 10-K for the year ended December 31, 2003, and all our subsequent filings with the Securities and Exchange Commission, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements.



Source: Emediawire



All trademarks and copyrighted information contained herein are the property of their respective owners.


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