Over $2 Million in Donations to Wounded Warrior Project®
SALT LAKE CITY, May 27, 2015 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (Nasdaq:OSTK) and its customers have donated over $2 million to Wounded Warrior Project® (WWP) since 2009, through the Overstock.com online shopping website as well as direct donations by the company.
The WWP purpose is to raise awareness in order to enlist the public's aid for the needs of injured service members, their caregivers and families, and to provide unique, direct programs and services to meet their needs. Veterans and friends created WWP in 2003 to help other veterans battling both the visible and invisible wounds of war. Since then, WWP has served over 50,000 veterans by nurturing their minds, bodies and encouraging economic empowerment and engagement.
"It took nearly four years to hit the $1 million mark, but only 1 1/2 years to reach the $2 million mark," states Overstock.com CEO Patrick M. Byrne. "We are proud of our customers and their commitment to this worthwhile cause."
To celebrate the relationship, Byrne and Overstock.com President Stormy Simon will ring the Nasdaq opening bell tomorrow, May 28th, accompanied by members of WWP.
Overstock.com invites all customers to support WWP as they complete their purchases by donating amounts in any denomination from $1 to $1,000 at checkout, or by visiting www.overstock.com/woundedwarriorproject.
Military members, past and present, receive free membership to Club O, Overstock.com's loyalty program. Members receive free shipping on all orders and Club O Rewards of 5 to 25 percent. These rewards accumulate and may be used on future purchases. Memberships can be purchased for $19.95 per year, but those who qualify for free membership to the program can enroll by visiting the sign-up section on Overstock.com.
Overstock.com, Inc. (Nasdaq:OSTK) is an online shopping retailer based in Salt Lake City, Utah that sells a broad range of products at low prices including furniture, rugs, bedding, electronics, clothing, and jewelry. Worldstock.com is a fair trade department dedicated to selling artisan-crafted products from around the world whereas Main Street Revolution supports small businesses across the U.S. by providing them a national customer base. Overstock has additional community-focused initiatives such as a Farmers Market and pet adoption service. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock sells internationally under the name O.co. Overstock (http://www.overstock.com and http://www.o.co) regularly posts information about the company and other related matters under Investor Relations on its website.
O, Overstock.com, O.com, O.co, Club O, Main Street Revolution, Worldstock Fair Trade, Worldstock, and OVillage are registered trademarks. O.biz, Club O Dollars, and OGlobal are trademarks of Overstock.com, Inc. The Overstock.com, Club O, and Worldstock Fair Trade logos are also registered trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein 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 all statements other than statements of historical fact. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company's Form 10-Q for the quarter ended March 31, 2015, which was filed with the SEC on April 29, 2015, and any subsequent filings with the SEC.