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Overstock.com SVP Alec Wilkins Honored as One of Utah’s Top Forty Professionals Under 40

SALT LAKE CITY, Feb. 05, 2016 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) Senior Vice President and Chief Architect Alec Wilkins was honored as one of Utah’s top professionals in the Forty Under 40 ceremony, held today at The Grand America Hotel in downtown Salt Lake City.



A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d08b42eb-9fd9-4e4d-8034-e3afd2afba4a

Utah Business Magazine organizes the annual event to celebrate the state's “up-and-coming business professionals rising through the ranks at record speed.” Wilkins was chosen as a recipient of the award, in part, for his leadership in creating Overstock.com subsidiaries Supplier Oasis and tØ.com.

“It’s a smart and successful group, and I was happy to be included,” said Wilkins about his fellow Forty Under 40 honorees.

Supplier Oasis is a platform that adds significant value to drop-shippers, suppliers, and e-commerce merchants of all sizes, while tØ aims to apply the transparency, security, and efficiency of cryptographically-protected distributed ledgers to the world of finance.

Wilkins joined Overstock.com as vice president of app development in 2013 after spending two years consulting for the online retailer with WildBeard Technologies, a mobile payment and application monetization company he founded. He was promoted to senior vice president of product development and chief architect for Overstock.com in 2015.

About Overstock.com
Overstock.com, Inc. (NASDAQ:OSTK) is an online 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 dedicated to selling artisan-crafted products from around the world whereas Main Street Revolution supports small-scale entrepreneurs in the U.S. by providing them a national customer base. Overstock has additional community-focused initiatives such as a Farmers Market and pet adoptions. 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 September 30, 2015, which was filed with the SEC on November 9, 2015, and any subsequent filings with the SEC.

Media Contact: Mark Delcorps, Overstock.com, Inc. +1 (801) 947-3564 pr@overstock.com Investor Contact: Mark Harden, Overstock.com, Inc. +1 (801) 947-5409 mharden@overstock.com

Source:Overstock.com, Inc.