Enable Holdings, Inc. Announces Offline Excess Inventory Channel RedTag Live! to...

Enable Holdings, Inc. Announces Offline Excess Inventory Channel RedTag Live!
to Launch First Ever Clearance Event in the Chicagoland Area
Asset Recovery Leader To Hold Clearance Event In Windy City

CHICAGO, Aug. 27 /PRNewswire-FirstCall/ -- Enable Holdings, Inc.
(OTC Bulletin Board: ENAB), the leading asset recovery solutions company for
the world's most trusted brands, today announced RedTag Live!, its offline
excess inventory sales channel, will be holding an excess inventory clearance
event in the Chicagoland area over Labor Day weekend. Enable Holdings' new
offline excess inventory channel is approaching the offline liquidation
business in a unique way, using online integration techniques with its online
sister sales channels within the Enable Holdings, Inc. family of excess
inventory solutions.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080814/AQTH536LOGO)
The RedTag Live! Event, to be held in Elk Grove Village from August 29th
to September 2nd, will include an impressive lineup of new and manufacturer
recertified HDTV's, refrigerators, washer/dryers, kitchen appliances,
desktops/laptop computers, mattress sets, GPS systems, DVD players, as well as
other electronics and miscellaneous products. RedTag Live! touts a complete
customer care experience, something that is unique to almost every other type
of clearance event.
"We are very excited to launch this very first RedTag Live! event on
behalf of a major distributor and on-line auction client, that needs our
off-line sales solution to move their excess inventories," said Enable
Holdings, Inc. Executive Vice President of Account Management and Seller
Solutions Timothy E. Takesue. "The Consumer benefits by having a chance to
get name brand inventories at below wholesale pricing, while enjoying complete
customer support all the way through the sale because we own our own Customer
Care Center run by Enable Holdings employees here in Illinois. If there is a
problem with something, you can just call our 1-800 number and we'll take care
of it even after the event is over. That is a very different and unique
proposition compared to the way liquidations have been handled in the past."
uBid.com, a sister sales channel to RedTag Live! has held similar excess
inventory clearance events in the Sarasota/Bradenton, Florida area with great
fanfare, while helping a few of the major retailers that have recently gone
out of business, and financial institutions that helped financed them in the
area, liquidate their excess inventory.
RedTag Live! will hold the sale at 2405 Estes Avenue in Elk Grove Village,
IL 60007. Hours for the event will be Friday and Saturday (August 29th and
30th) from 9am to 8pm, Sunday (August 31st) from 11am to 6pm, as well as
Monday and Tuesday (September 1st and 2nd) from 9am to 8pm.
"We are extremely excited about bringing RedTag Live! to Chicago," said
Chicago-based Enable Holdings Inc. Chief Executive Officer Jeff Hoffman. "Our
Florida Events have been a great success, and we look forward to continuing
that success here at home in Chicago. We are proud to offer our community
such incredible savings on top quality brand name merchandise."
RedTag Live! is brought to you by Enable Holdings, Inc., who will also
bring you RedTag.com on August 29th, where great deals will be available on
fixed-price name brand excess inventory merchandise year 'round at
http://www.redtag.com.
For more information please visit http://www.enableholdings.com.
About Enable Holdings, Inc.
Enable Holdings, Inc. is the world's leading excess inventory solutions
company that links brand name sellers with customers around the globe. Enable
Holdings, Inc. does this through its multi-channel asset-recovery solution
that includes an online auction platform located at http://www.ubid.com,
upcoming fixed-price commerce solution RedTag.com, offline excess inventory
solution RedTag Live!, business-to-business solution Dibu Trading Company, and
upcoming private auction software company Commerce Innovations. Brand name
sellers are able to reduce excess inventory more efficiently and profitably
than ever before. And however they choose to buy, shoppers now have a
connection to the world's most trusted brands at prices far below retail.
Enable Holdings, Inc. boasts more than 10 years experience in online commerce.
SEC Filings and Forward-Looking Statements
Additional information about Enable Holdings, Inc. is in the company's
annual report on Form 10-K, filed with the Securities and Exchange Commission.
Certain statements made in this release are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended, including
statements using terminology such as "anticipate," "believe," "estimate,"
"expect," "intend," "may," "could," "possible," "plan," "project," "should,"
"will," "forecast," and similar words or expressions. Enable Holdings, Inc.
intends that all forward-looking statements be subject to the safe harbor
provisions of the Private Securities Litigation Reform Act. Forward-looking
statements are based on the then-current expectations, beliefs, assumptions,
estimates and forecasts about the business of Enable Holdings, Inc. and the
industries and markets in which Enable 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. Factors which may affect the
forward looking statement identified above and Enable Holdings, Inc.'s
business, financial condition and operating results generally include the
effects of adverse changes in the economy, reductions in consumer spending,
declines in the financial markets and the industries in which Enable Holdings,
Inc. and its partners operate, adverse changes affecting the Internet and e-
commerce, the ability of Enable Holdings, Inc. to develop and maintain
relationships with strategic partners and suppliers and the timing of its
establishment or extension of its relationships with strategic partners, the
ability of Enable Holdings, Inc. to timely and successfully develop, maintain
and protect its technology and product and service offerings and execute
operationally, the ability of Enable Holdings, Inc. to attract and retain
qualified personnel, the ability of Enable Holdings, Inc. to successfully
integrate its acquisitions of other businesses, if any, and the performance of
acquired businesses. Enable Holdings, Inc. expressly disclaims any intent or
obligation to update these forward-looking statements, except as otherwise
specifically stated by Enable Holdings, Inc.
SOURCE Enable Holdings, Inc.

Ryan Calverley, Press Officer of Enable Holdings, Inc., +1-773-272-4414,
ryanc@ubid.com