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uBid.Com Participates in New Google Checkout Launch; uBid.Com Customers Get $10.00 Off Their First Purchase Made With Google Checkout

Posted on: Thursday, 29 June 2006, 12:00 CDT

uBid.com Holdings, Inc. (OTCBB: UBHI), whose uBid, Inc. subsidiary is one of the leading business-to-consumer and business-to-business online auction companies (www.uBid.com), today announced its participation in Google's new Checkout program.

uBid.com has kicked off the program by offering uBid.com customers a $10.00 instant coupon off their first purchase made with Google Checkout. This introductory offer is available only to customers that make a purchase with Google Checkout on uBid.com's uBuyitnow fixed-priced items for a limited time.

uBid.com offers a wide availability of uBuyitnow items on its website where consumers can save up to 80% off retail prices. The Google Checkout $10.00 instant coupon provides consumers with even greater savings on a host of brand name computers, electronics, jewelry, items for home & garden, hardware, apparel and more.

"We are thrilled to participate with a market leader like Google in extending our reach to their growing Google Checkout customer base," said Mano Sivashanmugam, Vice President of Technology for uBid.com. "We believe uBid.com will benefit significantly from Google's vast consumer presence and commitment to building a safe and secure checkout process," he added.

"As we rollout the new Google Checkout payment system, we welcome quality merchants like uBid.com participating in the pilot program," said Vince Monical, head of partner sales for Google. He added, "Their early involvement underscores the potential value this new system can bring to companies doing business online."

About uBid, Inc.

uBid.com Holdings, Inc. operates an online auction marketplace located at www.uBid.com offering new, close-out, overstock and refurbished merchandise to both consumers and businesses through a trusted auction style and fixed price format. uBid.com provides consumers the opportunity to bid on or buy a wide variety of popular, brand name products at significant discounts. uBid.com's unique platform enables only certified suppliers and manufacturers a more efficient and economical channel for maximizing revenue of their surplus merchandise. Furthermore, uBid.com offers consumers a trusted buying environment, eliminating potential fraud by certifying all its merchants and processing 100% of all merchandise transactions between buyers and sellers. uBid.com Holdings, Inc. is publicly traded on the Nasd OTC bulletin board (OTCBB: UBHI).

About Google Inc.

Google's innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google's targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe and Asia. For more information, visit www.google.com.

Source: Business Wire

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