Trading Will Commence Today under Ticker Symbol “BIDZ”

CULVER CITY, Calif, Jun 05, 2007 (BUSINESS WIRE) — Bidz.com, Inc. (OTCBB:BIDZ), a leading online auctioneer of jewelry, today announced that its common stock has been approved for listing on the NASDAQ Capital Market. Bidz.com, Inc. will commence trading on the NASDAQ Capital Market, under the ticker symbol “BIDZ”, effective at market opening on June 6, 2007.

David Zinberg, Chairman and Chief Executive Officer said, “We are extremely pleased that our listing application has been approved. A NASDAQ Capital Market listing is a very significant milestone for us and highlights our continued commitment to enhance shareholder value. Trading on NASDAQ should help increase the liquidity of the stock and give greater visibility to the Company.”

About Bidz.com Inc.

Bidz.com, founded in 1998, is an online auctioneer of jewelry. Bidz offers its products through a live auction format requiring only a $1 minimum opening bid. To learn more about Bidz.com visit its website at www.bidz.com.

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 the ability of the Company to attract customers to its website and offer attractive products; to maintain its website, electronic data processing systems, and systems hardware; to forecast accurately net revenue and plan for expenses; 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.

SOURCE: Bidz.com, Inc.

Bidz.com, Inc.
Lawrence Kong, CFO
310-280-7373
or
Integrated Corporate Relations
Allyson Pooley / Patricia Dolmatsky
310-954-1100
apooley@icrinc.com / pdolmatsky@icrinc.com

Copyright Business Wire 2007

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