SALT LAKE CITY, Aug 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- Overstock.com(R) (Nasdaq: OSTK) today announced that it has filed an unfair business practices lawsuit against Gradient Analytics, Inc., Rocker Partners LP, Rocker Management LLC, Rocker Offshore Management Company, Inc., David Rocker, Marc Cohodes, James Carr Bettis, Donn Vickrey, and Matthew Kliber in the Superior Court of California in the county of Marin. The complaint, available for download, alleges that the Defendants have conspired to denigrate Overstock.com's business for personal profit.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a)

Overstock.com President Patrick Byrne will discuss the lawsuit via a webcast and teleconference scheduled for 8:30 a.m. Eastern Time on Friday, August 12. To attend the live webcast and slide presentation, log on to Overstock.com's investor relations website To listen via telephone, please dial (800) 811-8830. Participants outside the United States who do not have Internet access should dial +1 (913) 981-4904. The slide presentation will be available for download at the beginning of the call.

Replay

A replay of the webcast will be available on the Internet starting 90 minutes after the live call has ended. A transcript will be posted to the website as soon as it is available. An audio replay of the webcast will be available via telephone starting at 1:30 p.m. Eastern time on August 12, through midnight Eastern Time on Friday, August 19. To listen to the recorded webcast by phone, please dial (888) 203-1112 (passcode: 4199807). Outside the U.S. please dial +1 (719) 457-0820(passcode: 4199807).

Overstock.com is a registered 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 time of the conference call, and such other risks as identified in our Form 10-K for the year ended December 31, 2004, 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 Overstock.com, Inc.

Media, Scott Blevins, +1-801-947-3133, sblevins@overstock.com, or Investors, Kevin
Moon, +1-801-947-3282, kmoon@overstock.com, both of Overstock.com, Inc.

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