Egghead.com Kicks Off 'Speed into Summer' Promotion; Teams With Russ Wicks For World Speed Record

Outstanding Deals on Leading High Speed Products from HP and Intel

MENLO PARK, CA, May 15, 2000 — Egghead.com®, Inc. (NASDAQ: EGGS), a leading Internet retailer specializing in technology products, is teaming with hydroplane driver Russ Wicks as he attempts to set a one-mile straight-away World Water Speed Record for a propeller-driven boat on June 14, 2000 on Lake Washington in Seattle.  To kick off its involvement in the race, Egghead.com has launched a special "Speed into Summer" promotion featuring 'high-speed' products from leading vendors and fellow race partner's 3dfx, Hewlett Packard, IBM and Intel.  These products include IBM desktops and notebooks featuring the Intel Pentium III Processor, 3dfx's new Voodoo5 5500, and Hewlett Packard's high-performance Inkjet and LaserJet printers.

Speed into Summer Promotion:

Egghead.com's Speed into Summer promotion features special pricing on high-speed products, and will be promoted through specially targeted emails as well as both internal and external advertising banners.  Customers entering the promotional give-away get a chance to win several 'high-speed' prizes, including:

3rd prize - IBM 1GHz Aptiva processor with monitor
2nd prize - Trip to the World Water Speed Record for two in Seattle, WA
1st prize - Kawasaki Jet Ski Watercraft

As the longest-standing major speed record in history, the current World water Speed Record for a propeller-driven boat as set by Roy Duby in 1962 has not been broken for nearly four decades.  The current world record is 200.419 miles per hour at Lake Gutersville, Alabama.  This year's record attempt by Russ Wicks will be officiated by the American PowerBoat Association.  To set the one mile straight qualifying speed record for a propeller-driven boat, the driver must make two runs on a one-mile straight course, in opposite directions, within at 20 minute period.  The official time will be the average of the two runs.  Seattle native Russ Wicks has competed in more than 700 races, beginning with Motocross at age ten, and progressing through Supercross, Formula 2000, Formula Mazda, Super Vee and, most recently, testing for the Indianapolis 500.

"We're extremely excited and well-prepared," said Wicks.  "The boat has proven in competition that it can break the 200 mile-per-hour mark, and I've been training extensively for the past year.  We're delighted that Egghead.com has chosen to partner with us in our pursuit of the world record.  They are a well-respected, leading technology e-tailer with local roots, and their focus on cutting edge technology fits nicely with the nature of this record."

About Egghead.com

The new Egghead.com is a leading Internet retailer specializing in technology products for the office and home. 7nbsp;Egghead merged with Onsale, Inc. in November 1999, and offers a wide range of items from computer hardware and software to consumer electronics, sporting goods and vacation packages.  Its auction site offers bargains on excess and closeout goods and services.  Egghead.com combines broad selection, low prices and excellent service to provide an outstanding online shopping experience for businesses and consumers.  Egghead.com is located on the Internet at www.egghead.com