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uBid.com Holdings, Inc. Announces Approval of All Proposals at Annual Stockholders'...

Fri May 16, 2008 10:55am EDT
uBid.com Holdings, Inc. Announces Approval of All Proposals at Annual
Stockholders' Meeting

CHICAGO, May 16 /PRNewswire-FirstCall/ -- uBid.com Holdings, Inc.
announced today the voting results for proposals considered at its annual
stockholders' meeting held on May 16, 2008. Two matters were presented for
stockholder approval: 1. to re-elect Kenneth J. Roering (Class I Director,
2009 Term), Mary L. Jeffries (Class I Director, 2009 Term), David E. Baer
(Class II Director, 2010 Term), Casey L. Gunnell (Class II Director, 2010
Term), Jeffrey D. Hoffman (Class III Director, 2011 Term) and Steven Sjoblad
(Class III Director, 2011 Term) as directors; and 2. to ratify the selection
of BDO Seidman, LLP as uBid.com Holdings, Inc.'s independent registered public
accounting firm. All directors were re-elected by the stockholders and BDO
Seidman, LLP was ratified as the Company's independent registered public
accounting firm.
    For more information please visit http://www.ubid.com.
    About uBid.com Holdings, Inc.
    uBid Holdings, Inc. is the world's leading excess inventory solutions
company that links brand name sellers with customers around the globe. uBid
Holdings, Inc. does this through its multi-channel asset-recovery solution
that includes an online auction platform located at http://www.ubid.com,
physical facilities, liquidation and a business-to-business selling platform.
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
an inside connection to the world's most trusted brands at prices far below
retail. With more than 10 years experience in online commerce, uBid Holdings,
Inc. is headquartered in Chicago, IL.
    uBid.com Holdings, Inc. is publicly-traded on the NASD OTC bulletin board
(UBHI).
SOURCE  uBid Holdings, Inc.

Jim Murphy of uBid.com, +1-773-272-4537, jimm@ubid.com



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