FOR IMMEDIATE RELEASE

GATEWAY 2000 Chairman and CEO Ted Waitt addresses PC Tech Forum

IDC/ACNielsen survey ranks Gateway highest of any PC vendor in home market

BURLINGAME, CA, May 20, 1997 - Ted Waitt, chairman and CEO of GATEWAY 2000, Inc., presented the keynote address today at PC Tech Forum in San Francisco. Waittís speech, entitled "The industry is cruising, but whoís behind the wheel?" discussed his vision of where the PC market is headed and how new feature sets will be defined.

"I believe we have reached the point in this revolution where innovation for the sake of innovation isnít necessarily progress," said Waitt. "We canít try to make people accept technology based on whatís cool, high tech, or just because we can do it. We have to use the available and developing technology to make products that actually do what people want them to do. Itís the companies that sell the technology products that are driving, and consumers have put their trust in us to safely get them to their destination. If we want to see all the potential of this revolution fulfilled, we need to make the customer more than a passenger, we need to make them a partner and the deciding factor in where we go with technology."

Gateway 2000 ranked first in customer loyalty among home buyers, according to a recent IDC/ACNielsen joint study. The study showed that of current Gateway 2000 owners planning to buy another PC, 51.5 percent intend to select the Gateway brand again.

In marketshare, Gateway 2000 finished fourth in US desktop shipments during the first quarter of 1997, capturing almost 8 percent of the marketshare, according to Dataquest. Overall, Gateway finished fifth, with 6.6% total marketshare.

About Gateway 2000
Gateway 2000, Inc., a Fortune 500 company founded in 1985, is a global leader in the direct marketing of PCs. The company, headquartered in North Sioux City, South Dakota, has manufacturing facilities in the United States, Ireland and Malaysia, and employs over 10,000 people worldwide. Gateway 2000 products and services consistently win top awards from leading industry publications. In 1996, the company shipped 1.9 million systems and reported revenues of $5 billion and net income of $250 million.

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