CompUSA Chooses PayPal for eCommerce Payments

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Mon Mar 31, 2008 11:57am EDT

CompUSA.com now accepting PayPal for quick and easy checkout
MIAMI--(Business Wire)--
CompUSA is now accepting PayPal as a way to pay for purchases made
on the All-New CompUSA.com website located at http://www.compusa.com.
CompUSA is the latest in the Systemax family of brands to offer
PayPal. PayPal is currently accepted in North America at
TigerDirect.com, TigerDirect.ca and now CompUSA.

   "PayPal has been a strategic partner to our eCommerce operations,"
said Gilbert Fiorentino, President of Systemax's Technology Products
segment. "Consistently delivering new customers to our websites is a
key benefit of PayPal. The addition of PayPal to the CompUSA website
is a logical extension to our shopping cart." The All-New CompUSA
offers computers, electronics and accessories for consumer, business,
government and educational customers through the CompUSA.com,
CompUSABusiness.com and CompUSAGovEd.com websites.

   PayPal is chosen by millions of online shoppers for its ease of
use and high level of security. When paying with PayPal, consumer's
financial information is never shared with the merchant ensuring a
higher level of protection and security. In addition, consumers can
choose from several different payment options to fund transactions
including credit card, bank account and PayPal account balance. Using
only an email address and a password, PayPal account holders can
quickly and easily complete their payments in seconds.

   "We are excited to add CompUSA to the growing list of leading
online retailers accepting PayPal," said Dana Stalder, general manager
of merchant services and marketing at PayPal. "With CompUSA, PayPal
customers have even more choice when shopping for great deals on
computers, electronics and more."

   To help celebrate the launch of PayPal on the website, CompUSA is
offering $20 cash-back to shoppers who use PayPal as their payment
method on purchases over $200 for a limited time. "This is an
incredible opportunity for PayPal customers to experience the All-New
CompUSA.com," said Lonny Paul, Director of eCommerce for CompUSA. "Our
website has a much larger selection than before, expansive product
information, photos, video demonstrations and even manuals. Plus, we
ship 95% of our orders the same day, with most reaching their
destination in 2-3 days. There are lots of new things going on at the
All-New CompUSA - and PayPal customers get a bonus for trying it out!"

   About CompUSA

   The CompUSA companies serve the needs of both personal and
business computer users, selling consumer electronics, computers,
digital media technology and peripherals via retail stores, catalogs
and Internet channels. The CompUSA companies are subsidiaries of
Systemax Inc. (NYSE: SYX). In the first quarter of 2008 the CompUSA
companies acquired selected assets from their prior owner (CompUSA
Inc.), including the CompUSA brand name and other trademarks,
e-commerce business, domain names and 16 retail outlets in Florida,
Texas and Puerto Rico. The acquisition preserves CompUSA's legacy of
value pricing, service and customer loyalty and continues to build the
value of the CompUSA brand.

   About Systemax Inc.

   Systemax Inc. (www.systemax.com), a Fortune 1000 company, sells
personal computers, computer supplies, consumer electronics and
industrial products through a system of branded e-commerce web sites,
direct mail catalogs, relationship marketers and retail stores in
North America and Europe. The primary brands are TigerDirect, CompUSA,
Misco and Global Industrial. It also manufactures and sells personal
computers under the Systemax and Ultra brands and develops and markets
ProfitCenter Software, a web-based, on-demand application for
multi-channel direct marketing companies.

   About PayPal

   PayPal is the safer, easier way to pay and get paid online. The
service allows anyone to pay without sharing financial information and
gives consumers the flexibility to pay in any way they prefer,
including through credit cards, bank accounts or account balances.
With more than 141 million accounts in 190 markets and 17 currencies
around the world, PayPal enables global ecommerce. PayPal is an eBay
company. More information about the company can be found at
https://www.paypal.com.

CompUSA.com
Lonny R. Paul, 305-415-2601
Director of eCommerce
lonny.paul@compusa.com

Copyright Business Wire 2008
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