TigerDirect Ranked #15 Online Retailer May 2002

MIAMI--(BUSINESS WIRE) --July 24, 2002--TigerDirect, Inc. a multi-channel computer reseller, was recently reported as the #15 online retailer by comScore Networks in the July 22 New York Times.

According to the report, TigerDirect's website (http://www.tigerdirect.com) received 1.4 million unique visitors during May 2002, spending an average of $399 and accounting for 2% dollar share of market. TigerDirect has been steadily increasing its presence on the dot-com radar in the past year with huge increases in customer traffic. Under the hands-on leadership of CEO Gilbert Fiorentino, TigerDirect has attempted to maximize each customer contact, whether it be by email, catalog, visiting the website or calling our sales representatives.

"We strive to communicate with the customer using whichever medium they most prefer," says CEO Gilbert Fiorentino. "Providing multiple channels of contact allows us to communicate that we have the best buys on computers and PC related products anywhere!"

TigerDirect focuses on bringing the greatest deals directly to the consumer on computer hardware and related equipment. By email, TigerDirect informs consumers of the latest and greatest deals. By catalog, over 2 million individuals get a "computer store" in their mailbox every month.
"Providing our customers with the best deals in a timely fashion is crucial to us," says Richard Wallet, Executive Vice-President of Marketing Communication. "Sometimes a great offer will only last a day or two, and we want our customers to know about it!"

From the increasing online traffic, it appears TigerDirect has many of the best offers and provides an excellent interface for customer interaction. Visiting the TigerDirect homepage provides visitors a snapshot of the best deals available at that moment in time.

About Tiger Direct
TigerDirect (http://www.tigerdirect.com) (a subsidiary of Systemax Inc. (NYSE:SYX - News)) is part of an integrated system of branded e-commerce web sites, direct mail catalogs, and relationship marketing companies selling private label and name-brand PC hardware, related computer products and industrial products to consumers and businesses in North America and Europe. With annual sales of more than $1.5 billion.

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.