14-Dec-99

DVD EXPRESS Honored As `Online Retailer Of The Year' By Video Business Magazine

DVD EXPRESS (www.dvdexpress.com), the leading online video retailer and authority of digital versatile discs (DVDs), has been named Video Business magazine's 1999 ""Online Retailer of the Year,"" which was announced today. The recognition for DVD EXPRESS comes in the wake of similar accolades from Time Digital magazine and Forrester PowerRankings survey. Video Business, a Variety Group Newsweekly, is a leading trade magazine published by Cahners Business Information and is dedicated to news reporting and analysis for retailers and distributors of pre-recorded video cassettes, DVD, video games and videodiscs. Additionally, Video Business reports on the retail marketplace, probes business trends and issues, and contains information on running a successful retail business. ""We are always thrilled to be recognized by our peers, but especially by our friends in video retail,"" said Michael Dubelko, CEO and Founder of DVD EXPRESS. ""Our goal has always been to provide outstanding service to our customers, offer competitive prices and be a reliable source of consumer information. It is very nice to be recognized as `Online Retailer of the Year' because it tells us our mission is succeeding."" The first annual Video Business ""Retailer of the Year"" issue hits newsstands today and includes honors for traditional brick and mortar retailers. The selection process was completed by Video Business editors through research of the retailers and proven excellence in the following categories: financial performance, marketing and merchandising innovation and growth. DVD EXPRESS was founded in April 1997 at the same time DVDs were introduced to the public. A tremendous rise in the sales of DVD players coupled with ever-increasing consumer comfort with online shopping over the past year have contributed to DVD EXPRESS' prosperity. Since its opening, DVD EXPRESS has expanded its operation to include auction sales, Hollywood merchandise, digital hardware and accessories, as well as video games and movie soundtracks. About DVD EXPRESS DVD EXPRESS, based in Los Angeles and located on the Web at www.dvdexpress.com, is the leader in entertainment product retailing, which immediately provides customers with selection, service and value. Top rated for customer satisfaction by Forrester Research, Time Digital, Harris Interactive and BizRate.com, the company has grown to become one of the dominant forces in video retailing since its launch in April 1997. Merging the future of home entertainment with the future of shopping under the single banner of ""High Speed Entertainment,"" DVD EXPRESS offers customers over 4,000 DVD-movie and DVD-ROM software titles at daily discounts of up to 50 percent, as well as music soundtracks and video games. In addition to online retail, DVD EXPRESS is the premier Web destination for DVD, home entertainment and movie enthusiasts, offering a robust online community with entertaining DVD-related editorial content (www.dvd.com), contests, promotions and auctions. DVD EXPRESS can also be found online through its partnerships and advertising deals with the AOL Network (Keyword: DVD EXPRESS), AOL.com, CompuServe, Go.com (formerly Infoseek), NBC's Videoseeker, Compaq, Gateway and AltaVista