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Systemax Announces New Venture(TM) PC System With Pentium 4 Processor And LCD Monitor for Only $599


Most Affordably Priced PC/LCD Bundle on the Market Today

-- Systemax Inc. (NYSE: SYX)

PORT WASHINGTON, N.Y., Feb. 11 /PRNewswire-FirstCall/ -- Systemax, Inc. (NYSE: SYX - News), a leading manufacturer and distributor of PCs and related computer products for small and medium-sized businesses, today announced the industry's most aggressively priced PC system, the fully loaded Venture(TM) LP U17R Business PC with Pentium 4 processor and a 15" LCD Flat Panel Monitor for an astounding $599 after rebates. The new Venture(TM) LP U17R system offers an unmatched combination of power and value and is ready right out of the box. The system features a new Pentium 4 1.7 GHz processor for the fastest performance on the market today. It also comes equipped with a 15" LCD flat panel monitor for advanced, picture perfect displays. And for a limited time, when purchasing the Venture(TM) System, Systemax is currently offering a $60 PC rebate and a $40 monitor rebate, bringing the price point down to an unbeatable $599.

"Systemax is committed to offering our customers the best value in the industry and the new Venture(TM) system is our most aggressively priced PC," said Sean Aryai, Director of OEM marketing. "In fact, the $599 Venture(TM) system represents a new price break for the entire industry, allowing today's users to get top-of-the-line PC performance and power, as well as a leading-edge flat panel monitor for crystal clear imagery, without breaking the bank."

Additional features of the Venture(TM) System include:

• Space-saving low profile design
• 128MB PC 133 SDRAM Memory
• 20GB Ultra ADA Hard Drive
• 56x CD-ROM Drive
• 4x AGP Internal Graphics Adapter
• Integrated 10/100 Network Adapter
• CA eTrust InnoculateIT Anti-Virus
• Microsoft Windows XP Home Edition
• Extendable 1-Year Limited Warranty
For more information on ordering the Venture(TM) LP U174 System,
please call 1-888-845-6225 or order online at http://www.globalcomputer.com/PC.

About Systemax

Systemax Inc. (http://www.systemax.com) has developed an integrated system of branded e-commerce web sites, direct mail catalogs, and relationship marketing to sell PCs, related computer products and industrial products to businesses in North America and Europe. With annual sales of more than $1.5 billion, Systemax is a Fortune 1000 company. Product or service names mentioned herein are the trademarks of their respective owners.

Contacts: Sean Aryai, Director OEM Marketing, Systemax Inc., 516-608-3070
Editorial: Publicis Dialog/ Tom Nolan, 212-279-6935, tom.nolan@publicis-usa.com Mario Almonte, 212-279-6350, mario.almonte@publicis-mail.com

Forward-Looking Statements: This news release may include certain forward-looking statements. Forward-looking statements may include, but are not limited to, projections of revenue, income or loss and capital expenditures, statements regarding future operations, financing needs, plans relating to products or services of the Company, assessments of materiality, predictions of future events and the effects of pending and possible litigation, as well as assumptions relating to the foregoing. In addition, when used in this discussion, the words ``anticipates'', ``believes'', ``estimates'', ``expects'', ``intends'', ``plans'' and variations thereof and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors, including but not limited to (i) the Company's ability to manage rapid growth as a result of internal expansion and strategic acquisitions, (ii) the effect on the Company of volatility in the price of paper and periodic increases in postage rates, (iii) the operation of the Company's management information systems, including the costs and effects associated with the year 2000 date change problem, (iv) the general risks attendant to the conduct of business in foreign countries, including currency fluctuations associated with sales not denominated in U.S. dollars, (v) significant changes in the computer products retail industry, especially relating to the distribution and sale of such products, (vi) competition in the PC, notebook computer, computer related products and industrial products markets from superstores, direct marketers, the Internet and other retailers, (vii) the potential for expanded imposition of state sales, use or other taxes and additional government regulation on direct marketers, (viii) the continuation of key vendor relationships, including the ability to continue to receive vendor supported advertising, (ix) timely availability of existing and new products, (x) risks involved with e-commerce, including the possible loss of business and customer dissatisfaction if outages or other computer-related problems should preclude customer access to the Company, (xi) risks associated with delivery of merchandise to customers by utilizing common delivery services such as UPS, including possible strikes, (xii) risks due to shifts in market demand and/or price erosion of owned inventory, (xiii) borrowing costs, (xiv) changes in taxes due to changes in the mix of U.S. and non-U.S. revenue, (xv) pending or threatened litigation and investigations and (xvi) the availability of key personnel, as well as other risk factors. These factors are discussed in greater detail in ``Item 7, Management's Discussion and Analysis of Financial Condition and Results of Operations -- Forward-Looking Statements'' in the Company's Annual Report on Form 10-K for the year ended December 31, 1999 as filed with the Securities and Exchange Commission.