Over​stock​.com Selects View Dynamic Glass for New ‘Peace Coliseum’ Corporate Campus

Business Wire
May 14, 2015

Lead­ing Online Retailer Embraces Well­ness, Sus­tain­abil­ity and Tech­nol­ogy with Intel­li­gent Glass

AIA Con­ven­tion 2015

SALT LAKE CITY & MILPITAS, Calif.–(BUSINESS WIRE)–Today, Over​stock​.com, Inc. (NASDAQOSTK) and View, the leader in dynamic glass, announced that Overstock’s new cor­po­rate cam­pus will incor­po­rate View Dynamic Glass. The project marks one of the largest instal­la­tions of View Dynamic Glass to date, and View will be deliv­er­ing glass in sum­mer 2015. The use of dynamic glass under­scores Overstock’s com­mit­ment to pri­or­i­tiz­ing the well­ness of its employ­ees, while cre­at­ing a leading-​​edge head­quar­ters that con­tributes to a sus­tain­able planet.

More day­light trans­lates to more cre­ative, inno­v­a­tive, and opti­mistic employ­ees. In View we have a part­ner that shares our com­mit­ment to improve the well-​​being and pro­duc­tiv­ity of our colleagues.”

Com­pa­nies are increas­ingly mak­ing the well­ness, com­fort and pro­duc­tiv­ity of their employ­ees a strate­gic imper­a­tive. Pow­ered by a sophis­ti­cated intel­li­gence engine, View’s dynamic glass auto­mat­i­cally responds to out­door con­di­tions, people’s pref­er­ences and build­ing lay­out. It will allow Over­stock employ­ees to have a com­fort­able work envi­ron­ment, while enjoy­ing views and abun­dant nat­ural light, which stud­ies have shown improves well-​​being, pro­duc­tiv­ity and health among peo­ple in office environments.

We’re thrilled to work with Over­stock to cre­ate a world-​​class cor­po­rate head­quar­ters that embraces the well-​​being of peo­ple at its core,” said View CEO Dr. Rao Mulpuri. “Dynamic glass is hav­ing a major impact on the way build­ings are designed in regards to com­fort, smart con­trol, and sus­tain­abil­ity. Over­stock is focus­ing on employee well­ness at a fun­da­men­tal level, and we’re proud to be a part of this iconic project that sets the stan­dard for sus­tain­able, people-​​centered workspaces.”

View Dynamic Glass elim­i­nates the need for inter­nal blinds and exter­nal shad­ing struc­tures. With View Dynamic Glass, Overstock’s employ­ees will be able to stay con­nected to the out­doors and enjoy con­tin­u­ous views of the Wasatch Front moun­tain range and the Salt Lake Val­ley with­out glare or ther­mal dis­com­fort. Day­light and expan­sive views will help inspire cre­ative col­lab­o­ra­tion among Over­stock employ­ees, and sup­port the company’s cre­ative, inno­v­a­tive culture.

View Dynamic Glass will be one of the major show­pieces of our new head­quar­ters and yet another rea­son Over­stock is the most excit­ing place to work in Utah,” said Over­stock CEO Patrick M. Byrne. “More day­light trans­lates to more cre­ative, inno­v­a­tive, and opti­mistic employ­ees. In View we have a part­ner that shares our com­mit­ment to improve the well-​​being and pro­duc­tiv­ity of our colleagues.”

In addi­tion to the ben­e­fits it pro­vides to occu­pants, dynamic glass is also highly effi­cient and sig­nif­i­cantly reduces the amount of energy con­sumed for cool­ing, heat­ing and light­ing build­ings. The HVAC and light­ing energy effi­cien­cies enabled by View Dynamic Glass will help Over­stock meet its sus­tain­abil­ity and LEED goals.

Overstock’s new cam­pus is referred to as the “Peace Col­i­seum” because from above it will appear as a peace sign and at ground level is a cor­po­rate glass-​​and-​​concrete ver­sion of the Roman Col­i­seum. Located in Mid­vale, Utah, the build­ing is set to open dur­ing sum­mer 2016 and is being devel­oped by Gard­ner Com­pany, built by Okland Con­struc­tion and designed by EDA Archi­tects Inc.

To learn more about View Dynamic Glass, visit View this week at the 2015 AIA National Con­ven­tion and Design Expo­si­tion in Atlanta, Ga., at booth No. 717.

About Over​stock​.com

Over​stock​.com, Inc. (NASDAQ: OSTK) is an online shop­ping retailer based in Salt Lake City, Utah, that sells a broad range of prod­ucts at low prices includ­ing fur­ni­ture, rugs, bed­ding, elec­tron­ics, cloth­ing, and jew­elry. World​stock​.com is a fair trade depart­ment ded­i­cated to sell­ing artisan-​​crafted prod­ucts from around the world, whereas Main Street Rev­o­lu­tion sup­ports small busi­nesses across the U.S. by pro­vid­ing them a national cus­tomer base. Over­stock has addi­tional community-​​focused ini­tia­tives such as a Farm­ers Mar­ket and pet adop­tion ser­vice. Forbes ranked Over­stock in its list of the Top 100 Most Trust­wor­thy Com­pa­nies in 2014. Over­stock sells inter­na­tion­ally under the name O.co. Over­stock Shop­ping (http://​www​.over​stock​.com and http://www.o.co) reg­u­larly posts infor­ma­tion about the com­pany and other related mat­ters under Investor Rela­tions on its website.

About View

View Inc. man­u­fac­tures a new gen­er­a­tion of archi­tec­tural dynamic glass that intel­li­gently adjusts in response to exter­nal con­di­tions and user pref­er­ences, enabling unpar­al­leled con­trol over the amount of light and heat that enters a build­ing. View Dynamic Glass pro­vides con­tin­u­ously unob­structed views with­out heat or glare, cre­at­ing a new level of occu­pant com­fort and nat­ural light while dra­mat­i­cally reduc­ing build­ing energy con­sump­tion. It also pro­vides unprece­dented archi­tec­tural design free­dom, elim­i­nat­ing blinds and shad­ing struc­tures and enabling build­ing designs with larger glass areas.

View is head­quar­tered in Sil­i­con Val­ley with high-​​volume man­u­fac­tur­ing facil­i­ties in Olive Branch, Mis­sis­sippi. For more infor­ma­tion please visit view​glass​.com.

Con­tacts

View Pub­lic Rela­tions
Katy Kenealy, 801–828-6056
view@​methodcommunications.​com
or
Over​stock​.com Pub­lic Rela­tions
Kirstie Bur­den, 801–947-3116
kburden@​overstock.​com