Red Envelope Madness!

Tuesday, September 21, 2004

Netflix Opens Three New Shipping Centers

Netflix Brings Faster Delivery to More Than Five Million Households With Three New Shipping Centers
LOS GATOS, Calif., Sept. 21 /PRNewswire-FirstCall/ --
Netflix (Nasdaq: NFLX - News), the world's largest online movie rental service, today announced the opening of three new shipping centers. New facilities in Pittsburgh, PA, Baton Rouge, LA and Columbia, SC now serve more than five million households in Pennsylvania, Louisiana, South Carolina and Mississippi.

Netflix has said it expects five percent of all U.S. households to become Netflix members by 2006, resulting in five million members and generating approximately $1 billion in revenue.

Netflix can reach more than 85 percent of its subscribers with generally one business-day delivery.

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