5 DAY, VIP, ALL ACCESS PARTY PASS TO FINAL FOUR AVAILABLE AT uBID

uBid Offers Basketball Fans Once-in-Lifetime Trip to One of Sports Greatest Spectacles

CHICAGO, IL (February 19, 2001) uBid, a leading online retail auction and e-commerce site, is providing college basketball fans with the chance to bid on the opportunity to win everything necessary to create a once-in-a-lifetime trip to one of America's greatest sports spectacles - the NCAA Final Four Semi-final and Final games. Imagine, being able to place a $1 bid to win a 5-day Ultimate VIP All-access NCAA Party Pass for you and a friend! Now, college basketball fans can do just that by logging on to www.ubid.com and searching under "travel and events" category!

"uBid combines the thrill of competing against other bidders with the satisfaction of finding the best prices on the hottest and hardest-to-find products," said Greg Jones, president and CEO of uBid. "We try to provide consumers with the opportunity to purchase items, services and experiences such as this one that they normally wouldn't be able to find or afford themselves. Through our various partnerships, we make it easy and affordable for consumers to find once-in-a-lifetime deals!"

This five-day/four night (March 30 - April 3, 2001) experience includes:

  • Round Trip Air (coach class) from any major continental US City
  • Four nights/five days accommodations at the Minneapolis Marriott
  • Tickets to the NCAA Final Four Semi-final and Final Games
  • Semi-final and Final pre-game cocktail receptions
  • Round trip airport transfers from Minneapolis Airport
  • Tickets to Hoop City
  • Round-trip game transfers
  • Official NCAA Final Four souvenir package
  • On-site professional travel staff - all taxes and gratuities included
  • Beginning on Monday, February 19, continuing through Monday, March 12, consumers who log onto uBid, at www.ubid.com, will have the opportunity to bid on this Final Four package. With bids starting as low as $1, college basketball fans, young and old, can own this extraordinary experience!

    About uBid
    uBid, a majority-owned operating company of CMGI, Inc., is the leading retail auction and e-commerce site that offers consumers and small-to-mid-sized businesses the opportunity to purchase a wide range of brand name merchandise, often at greatly reduced prices, through live-action bidding using sophisticated auction technology. The company's Internet auctions feature a rotating selection of more than 12,000 items in each daily auction. uBid sells products in more than 12 different product categories, including: computer equipment, consumer electronics, home and leisure, sports and recreation, jewelry and gifts, apparel, home improvement products, art, appliances, and travel and events. In addition, consumers may participate in the new uBid Auction Exchange marketplace, in which third-party vendors and consumers list their items for auction.

    With more than 2.0 million registered users, uBid is committed to providing its customers with the highest quality auction experience on the Internet and offers supplier warranties on most consumer products. uBid.com also meets Better Business Bureau Online standards, which gives customers the confidence and security to bid safely online. For more information, visit the company's Web site at www.ubid.com.

    uBid and uBid.com are trademarks of uBid, Inc. All other products and services mentioned may be trademarks or service marks of their respective owners.

    This release contains forward-looking statements which address a variety of subjects including, for example, the expected ability of uBid to auction the Ultimate VIP Package and other products. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uBid's success depends on the continued and increased acceptance of its website and the Internet as a medium; consumer preferences for the products offered by uBid may change rapidly; uBid's technologies may not successfully interoperate with those of third parties; and increased competition and technological changes in the markets in which uBid competes. For a detailed discussion of these and other cautionary statements, please refer to CMGI's filings with the Securities and Exchange Commission, including CMGI's most recent Quarterly Report on Form 10-Q.

    Editorial Contacts:

  • Denise Mancini
    uBid
    Manager, Public Relations
    773-272-4562
    denisem@ubid.com