Bidz.com Ranked #2 in Internet Retailer`s Online Jewelry Category

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Wed Jun 10, 2009 1:18pm EDT

Company Improves Ranking to 71st Overall in Top 500 Guide
CULVER CITY, Calif.--(Business Wire)--
Bidz.com (NASDAQ:BIDZ), a leading online auctioneer of jewelry, has been ranked
#2 in Internet Retailer`s Online Jewelry Category and #71 in Top 500 Guide of
the largest e-retailers. Bidz.com improved its ranking from #74 in the 2008
guide. This is the fourth consecutive year that Bidz.com has been on the list. 

Internet Retailer's Top 500 Guide is the definitive report on ecommerce
websites. The annual guide features directory profiles and ranks the 500 largest
e-retailing businesses based on annual online revenues. The guide features some
of the most respected and successful ecommerce giants on the internet including
Amazon, Costco and Zappos.com. 

"We're very proud to be recognized in the Top 500 Guide among the most
successful online retailers," said Leon Kuperman, President & Chief Technology
Officer of Bidz.com. "We believe this achievement is further evidence of our
ability to offer luxury brand name jewelry and accessories at low prices in a
fun and exciting format. We remain focused on further increasing our awareness
and relevance to our customers by continuing to provide quality goods at
tremendous values." 

"The fact that Bidz.com continues to move up on the list of Top 100 retailers
reflects the success of its business model as an online retailer," says Top 500
Guide editor and Internet Retailer Vice President, Mark Brohan. 

About Bidz.com

Bidz.com, founded in 1998, is a leading online retailer of jewelry. Bidz offers
its products through at live auction format as well as a fixed price online
retail store, Buyz.com. Bidz.com's auctions are also available in Arabic, German
and Spanish. To learn more about Bidz.com visit its website at www.bidz.com. 

About Internet Retailer

Published by Chicago-based Vertical Web Media LLC, Internet Retailer is a
monthly national business magazine that is at the core of an e-commerce
conference and four directories that serve the retailing community. The Internet
Retailer family of products focuses on the Internet's vital role in a wide array
of retailing activities, including web merchandising, supply chain management
and multichannel integration. Its 42,500 subscribers are senior executives
primarily from retail chains, independent stores, catalogs, virtual merchants
and brand name manufacturers. Internet Retailer's circulation represents the
largest multichannel readership base of any retailing magazine. The magazine
also publishes the most widely read e-mail newsletter in retailing, IRNewsLink,
which is distributed four times a week to 30,000+ opt-in subscribers, operates
the largest retailing information web site, InternetRetailer.com, sponsors the
largest conference in the e-retailing industry and publishes an annual ranking
of the 500 largest web sites. 

Safe Harbor Statement

This press release includes forward looking statements about the Company's
estimated revenue and earnings within the meaning of the Private Securities
Litigation Reform Act of 1995. All statements other than statements of
historical facts contained in this release, including statements regarding the
Company's future financial position, business strategy and plans and objectives
of management for future operations, are forward looking statements. The words
"believe," "may," "will," "estimate," "continue," "anticipate," "intend,"
"expect," and similar expressions, as they relate to the Company, are intended
to identify forward looking statements. We have based these forward-looking
statements largely on current expectations and projections about future events
and financial trends that we believe may affect the Company's financial
condition, results of operations, business strategy and financial needs. Risks
and uncertainties include that our common stock is subject to short selling and
trading, and prices of our stock may be volatile; that we are subject to "prank"
bidding; that we may face increasing costs to acquire new customers; the ability
of the Company to attract customers to its website and offer attractive
products; the ability to maintain profit levels while expanding international
sales; the ability to detect fraud if we fail to maintain an effective system of
internal controls; the ability to maintain our website, electronic data
processing systems, and systems hardware; the ability to forecast accurately net
revenue and plan for expenses; that we do not have a guaranteed supply of
jewelry products and that we have a heavy concentration of inventory purchase
from our top two suppliers; the ability to protect our intellectual property
rights; and potential litigation and government enforcement actions that may
result from our prior securities offerings. Please refer to Bidz.com's reports
and filings with the Securities and Exchange Commission for a further discussion
of these risks and uncertainties. Readers are cautioned not to place undue
reliance on forward-looking statements, which speak only as of the date they are
made. Bidz.com undertakes no obligation to update publicly any forward-looking
statements to reflect new information, events or circumstances after the date
they were made or to reflect the occurrence of unanticipated events. 





IR Contact:
Addo Communications, Inc.
Andrew Greenebaum, 310-829-5400
andrewg@addocommunications.com

Copyright Business Wire 2009

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