This
holiday season, uBid is a source for the latest and greatest in high-tech
gadgets and gizmos, including Nintendo’s GameCube, Microsoft’s Xbox, Sony
Playstation2, recordable DVD players, digital cameras, flat-screen TVs, brand
name laptops and computers including Compaq, Hewlett Packard, Sony, NEC, IBM,
and more.
In addition to practical stocking-stuffers, uBid also has
unique holiday gift ideas available exclusively for uBid users. Through its
first-ever Celebrity Suit Auction, uBid is allowing consumers to bid on
clothing items worn by celebrities, including Ellen DeGeneres’ swan suit as
seen at the 53rd Annual Emmy Awards. All proceeds from these auction items will benefit The Women’s
Alliance, a not-for-profit organization that has helped more than 100,000
low-income women transition from welfare to work.
When shopping at uBid this holiday season, consumers can
select from a variety
of new and refurbished brand-name merchandise with bids starting at $9, as well
as make extra cash by selling items online with absolutely no listing fee
through uBid’s Consumer Exchange. And, to make holiday shopping even
easier, uBid will launch its “Gift-O-Matic” feature later this month, designed
to help holiday shoppers find the perfect gifts for family and friends based on
their personalities.
uBid, a
majority-owned operating company of CMGI, Inc., is a leading retail auction and
e-commerce marketplace that offers consumers and businesses three ways to buy
and sell. The company’s Internet auctions feature a rotating selection of more
than 12,000 products daily in 16 different product categories, providing
consumers and small to mid-sized businesses with the opportunity to purchase a
wide range of brand name merchandise, often at greatly reduced prices, through
live-action bidding. Product categories include computers; computer peripherals; computer components;
home office; housewares; sports and hobbies; jewelry and gifts; accessories;
off-lease computers; consumer electronics; digital cameras and video; apparel
and linens; home improvement; travel and events; collectibles; and everything
else. In addition to uBid’s own auction listings or uBid
Direct, uBid features uBid Preferred Partner auctions in which consumers will
find products listed by uBid-approved businesses and backed by uBid or brand
warranties. Users can also buy or sell
products through uBid’s Consumer Exchange, in which consumers list their items
for auction with no listing fee.
With more
than 3 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 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 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 Annual Report
on Form 10-K.
1 Post Thanksgiving holiday weekend - Friday, November 23 – Sunday,
November 25, 2001
CONTACT:
Denise Mancini
Manager, Public Relations
773-272-4562