FairMarket Hosting Auction Services for Outpost.com

Business Wire, March 16, 1999

WOBURN, Mass.--(BUSINESS WIRE)--March 16, 1999--FairMarket, Inc., a leading provider of auction and e-commerce solutions for Web communities, announced today that they are hosting auction services for Cyberian Outpost, Inc. (NASDAQ:COOL), an online computer hardware, software, and accessories retailer. Beginning today, customers and businesses shopping for computer supplies and accessories can enjoy increased buying opportunities, and can bid on a variety of computer products. The newly launched OutpostAuctions is linked from the company's Outpost.com (www.outpost.com) online computer superstore, or can be accessed directly at www.outpostauctions.com.

OutpostAuctions utilizes FairMarket's Merchant AuctionPlace, a fully customized service that enables web merchants, such as Cyberian Outpost.com, to build an online auction presence quickly and easily. Cyberian Outpost controls and customizes the specifics of how the auction will operate, and what it will look like, through FairMarket's easy-to-use web-based administrative interface.

"This is a very exciting business deal for FairMarket," commented Scott T. Randall, FairMarket founder and chief executive officer. "Outpost.com is a dynamic retail site with an outstanding selection of computer products, and its new auction component will add sizzle and energy to their already active Web site."

ABOUT CYBERIAN OUTPOST

Cyberian Outpost, Inc. is a leading global Internet retailer of computer hardware, software and accessories to the consumer and small office/home office marketplace. With more than 150,000 products, the Outpost.com online superstore provides one-stop shopping for customers around the world, 24 hours a day, seven days a week. Outpost.com has entered into strategic alliances with major Internet content providers and portal sites such as Lycos-Bertelsmann, GeoCities, StarMedia, theglobe.com, USATODAY.com, Scandinavia Online, and Time Warner's Pathfinder Network.

About FAIRMARKET

FairMarket, Inc. is a leading provider of auction and e-commerce solutions for Web communities and merchants. FairMarket's service is a completely integrated turnkey solution that allows communities and merchants to generate revenue from monetizing traffic, to acquire and retain more registered members and to increase page views. Industry trends point to sustained demand for companies that create Internet services and support e-commerce infrastructures. FairMarket's AuctionPlace offers an unbranded, customized, feature-rich auction that allows the communities and merchants to own and control the user registration, listing information, pricing, and user interface. FairMarket was established in 1997 and is located in Woburn, Massachusetts.

FairMarket, the FairMarket AuctionPlace, and the FairMarket logo are service marks of FairMarket, Inc. Cyberian Outpost and Outpost.com are registered service marks of Cyberian Outpost, Inc. and Cyberian Outpost, Inc. claims a trademark on Outpostauctions.com.