Company Background Founded in 1985 in a U.S. Midwestern farmhouse, Gateway has grown into one of the world's best known technology brands with millions of satisfied customers. Starting with a $10,000 loan guaranteed by his grandmother, a rented computer and a three-page business plan, founder Ted Waitt turned Gateway into a revolutionary company whose innovations helped shape the technology industry. The company - previously called Gateway 2000 - received national acclaim in 1991 when it introduced its distinctive cow-spotted boxes, a tribute to its farm heritage. In 1993, it entered the Fortune 500 and went public, trading on the NASDAQ before moving its stock to the New York Stock Exchange in 1997. The following year, Gateway shifted its head office from North Sioux City, South Dakota, to southern California. In March 2004, Gateway acquired eMachines, one of the world's fastest growing and most efficient PC makers. eMachines is the #2 retail-distributed brand of personal computer in the United States, providing award winning technical support and quality at low prices. The company's brands are now sold through leading retailers in the United States, Mexico, Canada, Japan, the UK, and an expanding list of markets in Western Europe. Gateway remains dedicated to making the experiences of buying, owning and using a PC convenient and trouble free for its customers. Throughout Gateway's evolution, its basic principles remain the same. Best known for providing customers with the great value for their money and unparalleled service and support, Gateway continues to offer remarkably reliable, high quality products which are sleek, stylish and purposely designed to be simple to use. Offering the very latest in technology without making it overly technical is at the core of Gateway's philosophy. Gateway's early value proposition of plain talk and fair dealing is still evident today. Gateway has always been devoted to treating customers with respect and decency, and it consistently ranks among the industry's top companies in customer loyalty, an accomplishment the company and its people prize highly. Today, Gateway is proud to partner with the world's leading retailers to continue its tradition of providing excellent value and service to business and consumer users. As Gateway pushes into new frontiers, it remains dedicated to its original objective of helping people improve their lives through technology.

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