Bidz.com, Inc. Launches Spanish-Language Version of Its Popular Online Auction Site

Bidz.com (NASDAQ:BIDZ), a leading online auctioneer of jewelry, announced today the launch of a complete Spanish-language version of its online auction site, Bidz.com. This version of the Web site can be accessed by clicking the “En Espanol” (”In Spanish”) link on the Company’s homepage, www.bidz.com. The Company has also hired Spanish speaking customer service personnel to better assist their new clientele.

The Spanish-Language site is geared to Spanish-speakers, whether they are in the U.S. or other countries. Bidz.com already derives 24% of its revenue from outside the U.S., and international revenue grew 60% in the first quarter of 2008. The Spanish-language site will be the first in a series of non-English sites, which will seek to tap into the auction site’s attractiveness around the world. The company, which grew revenues 38.5% in the first quarter of 2008, sells on average over 12,000 items a day, making it one of the most visited jewelry sites on the Web. Bidz.com recently launched an online retail store with fixed prices, Buyz.com.

“Our exciting auction format delivers unsurpassed value to consumers, and we believe that by making the site available in other languages, beginning with Spanish, we’ll bring our service to new audiences around the world,” said David Zinberg, Chief Executive Officer of Bidz.com. “We believe that these sites can be a tremendous growth opportunity for the Company.”

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