Bidz.com Reaches New Heights

Published December 11th, 2007


AuctionPublicity - With the start of the holiday sales season in full swing, Bidz.com (NASDAQ:BIDZ), the world’s leading online jewelry auctioneer, reached a record-breaking $1 million gross sales in a 24-hour period on November 29, 2007.

“This marks the first time that we have achieved $1 million gross sales in one day,” said David Zinberg, President and CEO of Bidz.com. “This milestone is thanks, in large part, to our ever increasing selection of merchandise and our very broad customer base who understand value.”

Bidz.com offers the widest variety of jewelry and designer accessories available online. The Web site features a unique live auction format on all merchandise. The site continues to expand its selection of products, adding more brand names to the overall collection, and now offers shoppers the opportunity to bid on luxury brands such as CHANEL, CONCORD, CORUM, GUCCI, PRADA and VERSACE. Consumers have taken notice - Bidz.com has received more than 50 million page views in November 2007.

“Our site is unique because it offers visitors an experience unlike any other,” said Mr. Zinberg, “Bidz.com offers a rare opportunity where jewelry shoppers can bid on and buy quality jewelry below production cost. We are always on top of the latest trends in the jewelry industry and offer quality merchandise at competitive prices. We will continue to improve Bidz.com to keep it fun, exciting and easy for our customers.”

About Bidz.com:

Bidz.com, founded in 1998, is an online auctioneer of jewelry. Bidz offers its products through a live auction format requiring only a $1 minimum opening bid. To learn more about Bidz.com, visit its website at www.bidz.com.

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