March
25th, 2002



First-Ever
Consumer Model of the Segway Human Transporter Sold to Highest
Bidders on Amazon.com
Winners
from Texas, Virginia, Illinois; Proceeds total $364,800 for youth
science organization
MANCHESTER,
NH and SEATTLE, WA, March 29, 2002 Segway LLC, FIRST, and
Amazon.com (Nasdaq: AMZN) today announced the winning bidders
on three limited-edition Segway Human Transporters (HT),
the first self-balancing, electric-powered personal transportation
devices, which were auctioned exclusively at Amazon.com.
The
auction event, which began February 19 and concluded March 28,
raised a combined total of $364,800.00 for the non-profit organization,
For Inspiration and Recognition of Science and Technology (FIRST),
founded by Dean Kamen to inspire an appreciation of science and
technology in young people, their schools and communities.
The
Segway HT auction on Amazon.com drew more than 500 bids from across
the country. Segway HT #1 sold to an individual in Texas for $160,100.00.
Segway #2 sold to an individual in Illinois for $104,100.00, and
Segway #3 sold to an individual in Virginia for $100,600.00.
"It
was exciting to witness the interest and bidding frenzy that surrounded
the Amazon.com auction," said Dean Kamen, Segway's chairman
& CEO. "FIRST is an organization that inspires and excites
students about math, engineering and science, and we are thrilled
to have such an enthusiastic response to the Segway HT consumer
models to support this cause."
"We're
extremely excited to team up with Segway and FIRST to offer the
very first consumer model Segway HT's for purchase at Amazon.com
by our customers," said Jeff Bezos, Amazon.com founder and
CEO. "FIRST is a wonderful organization, and we're grateful
to the winning bidders for helping this great cause-now have some
fun with your Segway HT's!"
The
auction winners will have the opportunity to meet Dean Kamen and
be presented with their Segway HT's at the FIRST Championship
event, held April 25-27, at Walt Disney World's Epcot Center in
Orlando, Florida.
About
FIRST
Accomplished
inventor Dean Kamen founded FIRST (For Inspiration and Recognition
of Science and Technology) in 1989 to inspire an appreciation
of science and technology in young people, their schools and their
communities. Based in Manchester, N.H., FIRST designs accessible,
innovative programs to build self-confidence, knowledge and life
skills while motivating young people to pursue opportunities in
science, technology and engineering. With the support of many
of the world's most well-known companies, the non-profit organization
hosts the FIRST Robotics Competition for high school students
and the FIRST LEGO League for children 9-14 years old. To learn
more about FIRST and the 2002 Robotics Competition go to www.usfirst.org.
About
Amazon.com
Amazon.com
opened its virtual doors on the World Wide Web in July 1995 and
today offers Earth's Biggest Selection. Amazon.com seeks to be
the world's most customer-centric company, where customers can
find and discover anything they might want to buy online. Amazon.com
and sellers list millions of unique new and used items in categories
such as electronics, computers, kitchen and housewares, books,
music, DVDs, videos, camera and photo items, toys, baby and baby
registry, software, computer and video games, cell phones and
service, tools and hardware, travel services, magazine subscriptions
and outdoor living products. Through Amazon Marketplace, zShops
and Auctions, any business or individual can sell virtually anything
to Amazon.com's millions of customers, and with Amazon.com Payments,
sellers can accept credit card transactions, avoiding the hassles
of offline payments. Amazon.com also offers the Amazon Credit
Account, the online equivalent of a department store credit card,
which provides shoppers the opportunity to buy now and pay later
when shopping at Amazon.com.
Amazon.com
operates four international Web sites: www.amazon.co.uk, www.amazon.de,
www.amazon.fr and www.amazon.co.jp. It also operates the Internet
Movie Database (www.imdb.com), the Web's comprehensive and authoritative
source of information on more than 300,000 movies and entertainment
titles and 1 million cast and crew members dating from the birth
of film.
This
announcement contains 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. Actual results may differ
significantly from management's expectations. These forward-looking
statements involve risks and uncertainties that include, among
others, risks related to potential future losses, significant
amount of indebtedness, competition, strategic alliances and business
combinations, seasonality, potential fluctuations in operating
results and rate of growth, foreign currency exchange rates, management
of potential growth, system interruption, international expansion,
consumer trends, fulfillment center optimization, inventory, limited
operating history, government regulation and taxation, fraud and
Amazon.com Payments, and new business areas. More information
about factors that potentially could affect Amazon.com's financial
results is included in Amazon.com's filings with the Securities
and Exchange Commission, including its Annual Report on Form 10-K
for the year ended December 31, 2001 and all subsequent filings.
About
Segway
Segway
LLC is a Manchester, NH, based business founded by renowned inventor
and entrepreneur Dean Kamen to provide a solution to short-distance
travel. The company has created the Segway Human Transporter
(HT), the first self-balancing, electric-powered transporter designed
to enhance the productivity of people by increasing the distance
they can travel and the amount they can carry. Segway is funded
by: Credit Suisse First Boston Private Equity, one of the largest
managers of alternative assets in the world, through Credit Suisse
First Boston Equity Partners, L.P. and associated funds; Kleiner
Perkins Caulfield & Byers, the leading venture capital firm
helping entrepreneurs build sustainable technology businesses;
and individual investors. For additional information about Segway,
please visit our web site at: www.segway.com.
Press releases and digital images are available at Segway's press
center at: www.segway.com/news.
Segway
is a trademark of Segway LLC in the United States and in other
countries.