Overstock.com Announces Launch Date of O.BIZ Website

Website to Go Live on October 31, 2009

SALT LAKE CITY, Sept. 14 /PRNewswire-FirstCall/ -- Overstock.com, Inc.
(Nasdaq: OSTK) announced today that it is building a new website called O.BIZ
where businesses and customers can buy bulk merchandise. O.BIZ will launch on
October 31, 2009. The online retailer will be working with Neustar, the domain
name registry for .BIZ, to launch the new site.

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

O.BIZ is designed to give small businesses and customers the opportunity to
buy large quantities at deep discounts. O.BIZ will primarily focus on
restaurant, office, and hotel products. The new site will have a similar look
and feel to Overstock.com and will be supported by the award-winning
Overstock.com customer support team. O.BIZ customers will be able to shop with
confidence using the same technology as Overstock.com.

"The .BIZ extension is appealing to growing, innovative businesses. Our goal
is to have O.BIZ help small to medium-size businesses save money by leveraging
the purchasing power of Overstock.com," said Overstock.com Chairman and CEO
Patrick Byrne.

Single-character domain names are very rare; there are only five such domain
names worldwide. Domain names are especially appealing to companies that sell
products or services to other businesses.

"The simplicity of this domain name will help drive consumers to this new
e-commerce destination for small to medium-sized businesses," said Tim
Switzer, Neustar's vice president of Registry Services. "O.BIZ will increase
the visibility of this new initiative for Overstock.com, and we look forward
to its successful launch."

About Overstock.com
Overstock.com, Inc. is an online retailer offering brand-name merchandise at
discount prices. The company offers its customers an opportunity to shop for
bargains conveniently, while offering its suppliers an alternative inventory
distribution channel. Overstock.com, headquartered in Salt Lake City, is a
publicly traded company listed on the NASDAQ Global Market System and can be
found online at http://www.overstock.com. Overstock.com regularly posts
information about the company and other related matters on its website under
the heading "Investor Relations."

About Neustar and Neustar Domain Registry Services

Neustar (NYSE: NSR) provides market-leading and innovative services that
enable trusted communication across networks, applications, and enterprises
around the world. Neustar Domain Registry Services operates the global
registry for .BIZ and .US; in addition, it provides back-end registry services
for .tel and .travel, gateway services to country code top level domains,
internationalized domain names (IDNs), and full registry services to new top
level domains. Neustar's registry is connected to over 250 domain name
registrars worldwide. For more information, visit www.Neustar.biz and
www.Neustarregistry.biz.

Overstock.com(R) is a registered trademark of Overstock.com, Inc. All other
trademarks are the property of their respective owners.

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 launch dates, sales prospects for the
new site, the appeal of single letter domain names to consumers, and the
ability of such names to drive website traffic. Our Form 10-K/A for the year
ended December 31, 2008, our subsequent quarterly reports on Form 10-Q, or any
amendments thereto, and our other subsequent filings with the Securities and
Exchange Commission identify important factors that could cause our actual
results to differ materially from those contained in our projections,
estimates or forward-looking statements.

SOURCE Overstock.com, Inc.

Media, Roger Johnson, +1-801-947-4430, rojohnson@overstock.com, or Investors,
Kevin Moon, +1-801-947-3282, kmoon@overstock.com, both of Overstock.com, Inc.