Overstock.com Partners with Rewards Network to Offer its Club O Members Dining Rewards Options

Overstock.com Partners with Rewards Network to Offer its Club O Members Dining
                               Rewards Options

More than 10,000 Restaurants to Participate in New Club O Rewards

PR Newswire

SALT LAKE CITY, Jan. 10, 2013

SALT LAKE CITY, Jan. 10, 2013 /PRNewswire/ --Overstock.com, Inc.(NASDAQ:
OSTK) is launching Club O Dining Rewards, a new free rewards enhancement for
the members of its Club O Rewards loyalty program. Members can now
automatically receive reward dollars in their Club O account equal to 5
percent of their total dining bill when they visit participating Club O Dining
Rewards restaurants and pay their bill using any credit or debit card they
have registered with their Dining Rewards account. These Club O Dollars can
be used toward already discounted products on the Overstock.com website such
as furniture, rugs, bedding, electronics, jewelry, and others. To add Dining
Rewards to their Club O account, members can log on to
www.overstock.com/clubodining and click on Get Started. Participants will
need to create a Dining Rewards profile, which is a quick three-step process.
Up to five credit/debit cards can be securely registered to earn Club O
Dollars.Dining options vary from high-end dining establishments to fast food
restaurants, bars, clubs and home delivery. A complete list of the 10,000
participating restaurants nationwide can be viewed prior to enrollment at
www.clubodining.com.Overstock.com customers can search a specific area by
entering a ZIP code to narrow results.

(Photo: http://photos.prnewswire.com/prnh/20120110/LA33954LOGO)

"We cherish our Club O members and are always looking to bring them new
benefits in return for their loyalty," states Patrick M. Byrne,
Overstock.com's chief executive officer. "Members earn reward dollars by
shopping at Overstock.com and now they can accumulate them even more quickly
by doing what they do anyway – dining out." 

Customers must have a Club O account in order to receive Club O Dining
Rewards. Overstock.com's Club O membership is available online at Club O
Rewards for $19.95. In addition to the new Dining Rewards, Club O members earn
5 percent in Club O Dollars on every purchase made on the Overstock.com
website, with the ability to earn 10 to 25 percent on exclusive product
offerings that change regularly. Also, every order placed on Overstock.com,
regardless of size or value, automatically ships for free. Real Simple
Magazine named Club O Rewards as one of the top loyalty programs for offering
the best perks.

This new Dining Rewards benefit is in partnership with Rewards Network, a
leader in frequent dining programs in North America. Rewards Network provides
millions of members with incentives to dine at participating restaurants,
including airline miles, hotel points, college savings rewards, charitable
contributions, and cash-back rewards savings.

About Overstock.com
Overstock.com (NASDAQ: OSTK) is an online discount retailer based in Salt Lake
City, Utah that sells a broad range of products including furniture, rugs,
bedding, electronics, clothing, jewelry, travel, cars, and
insurance.Worldstock.com, a fair trade department dedicated to selling
artisan-crafted products from around the world offers additional unique
items.Main Street Revolution supports small businesses across the United
States by providing them a national customer base.A recent Nielsen State of
the Media: Consumer Usage Report placed Overstock.com among the top five most
visited mass merchandiser websites.The NRF Foundation/American Express
Customer Choice Awards ranks Overstock.com #4 in customer service among all
U.S. retailers. Overstock.com sells internationally under the name O.co.
Overstock.com (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.

Overstock.com®, O.co®, Worldstock Fair Trade® and Club O Rewards® are
registered trademarks of Overstock.com, Inc. O.info™, Club O^TM, and Club O
Reward Dollars^TM and Your Savings Engine^TM are trademarks 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 the Club O Dining Rewards program and
any associated benefits. Our Form 10-K for the year ended December 31, 2011,
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.

Website: http://www.overstock.com
Contact: Media, Kirstie Burden, Overstock.com, Inc., +1-801-947-3116,
kirstie@overstock.com, Investor, Kevin Moon, Overstock.com, Inc.,
+1-801-947-3282, kmoon@overstock.com
 
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