uBid.com Holdings, Inc. Announces Senior Management Appointments

Chicago, IL, September 7, 2006 - uBid.com Holdings, Inc. (OTCBB: UBHI) whose uBid, Inc. subsidiary is one of the leading business-to-consumer and business-to-business online marketplaces in the U.S., today announced that Timothy Takesue has been promoted to President of uBid., Inc. and that Anthony Graffia has been promoted to President of DIBU Trading Corporation, another subsidiary of uBid.com Holdings, Inc.

Mr. Takesue joined the Company in 1997 as a member of the original management team of uBid, Inc. and has over 21 years of merchandising, retail, mail order and e-commerce experience. During his tenure with uBid, Inc., he has served in various positions including Vice President of Merchandising, Senior Vice President of Merchandising and Sales, interim CEO and acting Chief Marketing Officer. Mr. Takesue sits on the advisory board of The Brave Wings Foundation, a Northwestern Memorial Foundation charity and attended Wayne State University in Detroit, Michigan.

Prior to joining DIBU Trading this year, Mr. Graffia had been President of Hartford Computer Group, a business to business services company, since 1990. While at Hartford Computer Group, he was responsible for business development, new product initiatives, capital management and the acquisition and integration of three companies. Mr. Graffia graduated with a degree in economics from Indiana University in Bloomington, Indiana.

Robert H. Tomlinson Jr., CEO of uBid.com Holdings, Inc. commented, "I would like to congratulate Tim and Tony on their new roles. They both bring proven leadership abilities to their positions and these appointments are important steps in the further transformation of our Company's organization." Tomlinson continued, "Tim has a unique understanding of our company, given his place as part of the original management team, and I expect that he will bring a valuable perspective and determination to his new role. Tony's background in managing a business to business services company over the past 15 years will be an asset to our team and I fully expect our new subsidiary to benefit from his experience."

About uBid.com Holdings, Inc.
uBid.com Holdings, Inc. and subsidiaries (the "Company") 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 to consumer and business customers primarily located in the United States. Through the Company's website, located at www.ubid.com, the Company offers merchandise across a wide range of product categories including but not limited to computer products, consumer electronics, apparel, housewares, watches, jewelry, travel, sporting goods, home improvement products and collectibles. 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).

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