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uBid.com to Receive Prestigious Consumer Electronics Daily News Direct Seller of

PRESS RELEASE


January 2008

uBid.com, one of the leading business-to-consumer and business-to-business online marketplaces in the U.S., will be awarded the prestigious Consumer Electronics Daily News Direct Seller of the Year award during a January 7, 2008 ceremony held at the Consumer Electronics Show 2008 (CES).

uBid is being honored for its contributions to the consumer electronics marketplace over the past year. The award is cosponsored by consumer electronics manufacturers and distributors and will be accepted at the ceremony by Tim Takesue, President of uBid.

"Over the last 10 years, Tim and the uBid team have helped partners of all sizes in all verticals liquidate over $2 billion in excess inventory. He's built a strong Account Management team at uBid that's dedicated to helping sellers liquidate their excess merchandise using any of uBid's seven proprietary seller solutions. It's nice to see Tim recognized for his contributions to our partners and the marketplace as a whole," said Jeff Hoffman, uBid's Chief Executive Officer.

Consumer Electronics Daily News is a 35-year-old trade publication for the consumer electronics industry. It is published in print for distribution at CES and online year-round at http://www.cedailynews.com.

Oser Communications Group is the publisher of Consumer Electronics Daily News and other trade publications in a variety of industries.

About uBid.com Holdings, Inc.

uBid.com Holdings, Inc. and subsidiaries operate a leading on-line business-to-consumer and business-to-business marketplace that enables itself, certified merchants, manufacturers, retailers, distributors and small businesses to offer high quality excess, new, overstock, close-out, refurbished and limited supply brand name merchandise. The Company's marketplace employs a combination of auction style and fixed price formats. uBid.com Holdings, Inc. is publicly traded on the NASD OTC bulletin board (UBHI).
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