UBID.COM HOLDINGS, INC. ANNOUNCES PARTNERSHIP
WITH SKYAUCTION.COM TO PROVIDE NEW TRAVEL AUCTION DEALS

(Chicago, IL) May 25, 2006 - uBid.com Holdings, Inc. (OTCBB: UBHI) whose uBid, Inc. subsidiary is one of the leading business-to-consumer and business-to-business online auction companies (www.ubid.com) today announced a partnership with SkyAuction.com that will allow uBid.com users access to unique new travel auction and sale deals. The travel services offered through this partnership are unique because of the auction platform which has proven to provide exceptional value for consumers in other product categories. Both companies see this as a significant competitive edge compared to other popular on-line travel retailers such as Orbitz or Expedia, which do not offer an auction format.

"uBid.com is a trusted marketplace that consistently delivers exceptional value through our distinctive auction format," said Robert Tomlinson, Jr., CEO of uBid.com. "We are pleased to announce a partnership with SkyAuction.com that will enhance our customer's experience by offering quality auction-related travel vacations and packages in addition to our other product offerings."

"SkyAuction.com believes that consumers should pay however much they feel their travel package is worth and not a penny more," explained Michael Hering, CEO of SkyAuction.com. "uBid.com's customers are a natural fit for our travel offerings - using auction technology, we can guarantee that no other site can provide our quality and value to the consumer."

On June 1, 2006, uBid.com will unveil the new travel tab, which is expected to be followed by fourth quarter 2006 uBid.com direct co-branded travel offerings. The new special deals can only be found by visiting uBid.com and clicking on the travel tab.

The uBid.com-SkyAuction.com partnership will offer "Bid On" or "Buy Now" airline tickets, room nights, tours, cruises and all-inclusive vacations. SkyAuction.com has provided over half a million travelers a means to get more from their travel dollars than they ever thought possible. The new partnership will offer unprecedented deals on leading airlines, hotels, resorts, and cruise lines, bringing customers brands you know and trust, offering the most amazing travel bargains available on the internet.

uBid.com
uBid.com Holdings, Inc. operates an online auction marketplace located at www.uBid.com offering new, close-out, overstock and refurbished merchandise to both consumers and businesses through a trusted auction style and fixed price format. uBid.com provides consumers the opportunity to bid on or buy a wide variety of popular, brand name products at significant discounts. uBid.com's unique platform enables only certified suppliers and manufacturers a more efficient and economical channel for maximizing revenue of their surplus merchandise. Furthermore, uBid.com offers consumers a trusted buying environment, eliminating potential fraud by certifying all its merchants and processing 100% of all merchandise transactions between buyers and sellers. uBid.com Holdings, Inc. is publicly traded on the Nasd OTC bulletin board (OTC BB: UBHI)

SkyAuction.com
SkyAuction.com is the leading travel auction marketplace on the Internet. The company secures excess travel inventory from leading airlines, hotels, resorts, cruise lines and tour operators, and packages it into exciting online auctions that typically start at $1 with no reserve price. Excess travel inventory consists of structural overcapacity such as off-season hotel rooms, cruise cabins and airline seats that travel providers know well in advance are likely to go unsold. Consumers with flexible travel plans can browse the $1 auctions and bid only as much as they are willing to pay for the offered travel packages.

Forward-Looking Statements
Certain statements made in this release are forward-looking statements, including the following statement, "On June 1, 2006, uBid.com will unveil the new travel tab, which is expected to be followed by fourth quarter 2006 uBid.com direct co-branded travel offerings." Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of uBid.com Holdings, Inc. and the industries and markets in which uBid.com Holdings, Inc. operates. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements. uBid.com's ability to implement the new travel tab by June 1 and co-branded travel offerings by the fourth quarter is dependent on development activities with Sky Auction.com proceeding as planned, free from any unexpected problems or delays. These development activities involve complex technology and negotiation of business relationships that may be delayed due to technical or business problems.

uBid.com Holdings, Inc. expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by uBid.com Holdings, Inc.

uBid Contact:
Anthony Priore
Chief Marketing Officer
Tel: 773-272- 4446
Fax: 773-272-4055
tpriore@ubid.com