Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Bidz.com to Inquire About

BALTIMORE, MD, Jun 29 (MARKET WIRE) --
Brower Piven, A Professional Corporation announces that a class action
lawsuit has been commenced in the United States District Court for the
Central District of California on behalf of purchasers of the common
stock of Bidz.com ("Bidz.com" or the "Company") (NASDAQ: BIDZ) during the
period between August 13, 2007 and November 27, 2007, inclusive (the
"Class Period").

No class has yet been certified in the above action. Members of the Class
will be represented by the lead plaintiff and counsel chosen by the lead
plaintiff. If you wish to choose counsel to represent you and the Class,
you must apply to be appointed lead plaintiff no later than July 6, 2009
and be selected by the Court. The lead plaintiff will direct the
litigation and participate in important decisions including whether to
accept a settlement and how much of a settlement to accept for the Class
in the action. The lead plaintiff will be selected from among applicants
claiming the largest loss from investment in the Company during the Class
Period. You may contact Brower Piven (through hoffman@browerpiven.com or
410/986-0036) to answer any questions you may have in that regard.

The complaint accuses the defendants of violations of the Securities
Exchange Act of 1934 by virtue of the Company's failure to disclose during
the Class Period that the Company engaged improper business tactics in
order to artificially raise the auction price of its products. According
to the complaint, when details of these improprieties were revealed
beginning on November 26, 2007, the value of Bidz.com's stock declined
significantly.

If you have suffered a net loss for all transactions in Bidz.com common
stock during the Class Period, you may obtain additional information about
this lawsuit and your ability to become a lead plaintiff by contacting
Brower Piven at www.browerpiven.com, by email at hoffman@browerpiven.com,
by calling 410-986-0036, or at Brower Piven, A Professional Corporation,
The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525,
Baltimore, Maryland 21202. Attorneys at Brower Piven have combined
experience litigating securities and class action cases of over 40 years.
If you choose to retain counsel, you may retain Brower Piven without
financial obligation or cost to you, or you may retain other counsel of
your choice. You need take no action at this time to be a member of the
class.

CONTACT:
Charles J. Piven
Brower Piven, A Professional Corporation
Baltimore, Maryland
410/986-0036
Email Contact

Copyright 2009, Market Wire, All rights reserved.

-0-