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Price.com Acquires BestDeal.com
Alliance to Bring Together Two Online Shopping Powerhouses
The deals are about to get even better on one of the Internets leading price comparison sites. Price.com today announced the acquisition of BestDeal.com, an online mall with over 1,000 vendors.
COSTA MESA, Calif. -- May 30, 2001 -- The deals are about to get even better on one of the Internets leading price comparison sites. Price.com today announced the acquisition of BestDeal.com, an online mall with over 1,000 vendors.
The alliance will enable online shoppers to access over 20 million products ranging from electronics and computer equipment to gift items and clothing.
"Like Price.com, BestDeal.com helps consumers find a multitude of products online, at the best prices available," said Lawrence O'Connor, president and CEO of Price.com. "With the acquisition of this site, there is little a consumer cant find at one of our online shopping and price comparison sites."
David S. Josephson, founder and CEO of BestDeal.com, added, "From our sites inception, the goal has been to harness the power of the Internet to bring together buyers and sellers. Increasing our reach through this partnership will create a win-win situation for customers looking for great deals and vendors looking for a highly targeted customer base." As part of the acquisition, David will join the Price.com team as a Director of Business Development.
With nearly one million registered users, Price.com is a leading online price comparison site. With the addition of BestDeal.com, Price.com will reach thousands of new users everyday.
About Price.com
Price.com is an online price comparison site that empowers buyers through reducing the inefficiencies of locating products on the Internet. The company's advanced proprietary technology automatically compiles information from major Web sites across the Internet to provide a well-organized portal for convenient comparison shopping. More than 1 million prices are updated every day to ensure that online shoppers are receiving the most current pricing information available. Price.com's sites include PriceComputing.com, PriceElectronics.com, PriceMac.com, PriceOfficeSupplies.com, PriceMobileComputing.com and PriceTraveler.com.
About BestDeal.com
BestDeal.com began in 1996 as an online computer e-commerce site. The site evolved to an online shopping mall, offering everything from software and electronics to food and fashions. Today, BestDeal.com has over 1,000 stores, shops, businesses and services and has affiliate agreements with over 1400 merchants. In 1999, the site was included in Interactive Weeks "The Internet 500." David Josephson is the CEO and founder of The Mall @BestDeal.com. He has 25+ years experience as a senior manager of multi-million dollar companies. In 1998, David developed the idea of a website that helps consumers find products and services on the Internet, quickly and easily. Since 1995 David has been involved with all aspects of the Internet, from being Editor-in-Chief of a successful on-line daily computer technology E-Zine to developing on-line ecommerce sites. The Mall @BestDeal.com, provides valuable services to both shoppers and retailers.
For more information, contact Price.com at 3589 Harbor Blvd., Costa Mesa, CA 92626 or call 714/556-3890. You may also visit the company's Web site at www.price.com.
CONTACT: Phiroze Irani, Price.com
714/556-3890 x209
phirozeir@price.com
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