uBid reports strong Y/Y increases in Holiday Traffic, Registrations

[mandy]

Press release:

uBid.com Holdings, Inc. whose uBid, Inc. subsidiary is one of the leading business-to-consumer and business-to-business online marketplaces in the U.S., today announced a strong start to the holiday shopping season. Starting with Black Friday, along with Cyber Monday until yesterday (Friday, November 25 through Tuesday, December 5) the number of visitors to the popular auction website, www.ubid.com, jumped 33% compared to the previous 12 day period in prior month. Moreover, Customer Registrations grow 58% largely due to the recent launch of the “uBid uPhoria” commercial on November 22, 2006. “The trend is terrific and a testament to the efforts made in improving our auction marketplace platform so far this year,” said, Robert H. Tomlinson, Jr., CEO of uBid.com Holdings, Inc. “Just a wonderful start to our peak season which should continue well into the 1st quarter of 2007. This is a result, we believe, of the growing popularity of uBid’s alternative marketplace for our Sellers, coupled with the growing popularity of online shopping using an auction format.” Tomlinson added, “The recent customer registration success from the launch of its uBid’s uPhoira commercial, by its marketing partner, SendTec, Inc. (OTCBB: SNDN), reflects our recent movement as an online marketer into offline channels with a solid return on investment. We plan additional growth by testing a variety of mediums in 2007 to include newspaper, print and direct mail. Thus getting brand recognition while driving visitor demand cost effectively. While I’m thrilled with these results, this is only a 12 day period and does not necessarily reflect our overall growth forecast for the fourth quarter.”

http://www.ubid.com/about/Press_room/press60.asp