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