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Photo Release -- Bidz.com Offers Affordable Luxury Jewelry and Accessories to Fit All Budgets

Mon. August 31, 2009; Posted: 08:01 AM
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CULVER CITY, Calif., Aug 31, 2009 (GlobeNewswire via COMTEX) -- BIDZ | Quote | Chart | News | PowerRating -- Bidz.com (Nasdaq:BIDZ), a Brand Name & Jewelry Auction, is the "go to" site for finding affordably luxurious statement pieces or everyday wearable jewelry and accessories for consumers that are trendy and price conscious. Whatever budget you have, Bidz.com will appeal to both your shopping needs and wants. Over the past 10 years, Bidz.com has been building and enhancing its website and adding well known brand inventory to include many famous luxury brands that are household names, as well as many new and emerging trend brands, at extremely low prices.

Photos accompanying this release are available at

http://www.globenewswire.com/newsroom/prs/?pkgid=6553

http://www.globenewswire.com/newsroom/prs/?pkgid=6554

http://www.globenewswire.com/newsroom/prs/?pkgid=6555

As penny pinching becomes a national norm, many consumers are "shopping within their closets" more and more, yet adding current trend driven accessories is the fun and cost effective way to update your wardrobe in keeping with this seasons trends.

Bidz.com offers both current brand names and cutting edge designers at very affordable prices on both its auction site as well as its Buyz.com Jewelry Superstore, the Bidz.com's sister site that is a buy now, fixed price platform.

Just a few examples of Bidz.com and Buyz.com site offerings that will appeal to all budgets and tastes:



 Calgaro Sterling Cross Stacked Satin Rope Bracelet:
         Retail Price: $580.00
         Recently sold on Bidz.com for $71.00 (savings of 88%)

 YSL Women's Pink hued sunglasses:
         Retail Price: $250.00
         Buyz.com Price: $125.00 (savings of 50%)

 Krementz 14k White Gold Black Onyx and Topaz Cocktail Statement Ring
         Retail Price: $780.00
         Recently sold on Bidz.com for $119.00 (savings of 89%)

 Roberto Cavalli Heavy metal chain link watch:
         Retail Price $400.00
         Buyz.com buy now price $119.00 (savings of 70%)

A recent post on the Bidz.com site from an online customer said, "I love the Roberto Cavalli watch because it has a beautiful design and a very interesting shape, it's very elegant! A timeless piece of affordable luxury!"

Both the Bidz.com and Buyz.com sites will continually surprise you with their fashion conscious and trend right brand names and "au courant" styles. If you need a quick fashion hit just allow yourself a few minutes of time to look through the massive brand inventory that both Bidz.com and Buyz.com have to offer and you won't be disappointed. Go to http://affordableluxury.bidz.com for product shots and more details.

About Bidz.com

Bidz.com, founded in 1998, is an 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 Spanish and Arabic. To learn more about Bidz.com visit its website at www.bidz.com.

Safe Harbor Statement

This press release includes statements made by Bidz that are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including forward-looking statements about the Company's estimated revenue, gross margins, earnings and tax rates. All statements other than statements of historical facts contained in this press 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. Bidz based these forward-looking statements largely on current expectations and projections about future events and financial trends that Bidz believes may affect its financial condition, results of operations, business strategy and financial needs. Risks and uncertainties relating to these statements 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 intellectual property rights; and potential litigation and government enforcement actions that may result from our prior securities offerings. All forward-looking statements are qualified in their entirety by reference to the factors described in Part I, Item 1A, "Risk Factors" in Bidz' 2006 Annual Report on Form 10-K, and in Part II, Item 1A, "Risk Factors" in Bidz' Quarterly Report on Form 10-Q for the quarter ended September 30, 2007, that could cause the actual results of Bidz to differ materially from those projected in such forward-looking statements.

All subsequent forward-looking statements, whether written or oral and whether made by or on behalf of Bidz, also are expressly qualified by these cautionary statements. Any forward-looking statement speaks only as of the date on which such statement is made, and Bidz undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time and it is not possible for Bidz to predict all such factors, nor can it assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement.

(Photo: http://www.primezone.com/newsroom/prs/?pkgid=)

(Photo: http://www.primezone.com/newsroom/prs/?pkgid=)

(Photo: http://www.primezone.com/newsroom/prs/?pkgid=)

The photos are also available via AP PhotoExpress.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Bidz.com, Inc.

CONTACT:  Bidz.com
Tania Koster
323-202-5632
takoster@hotmail.com
For full details for BIDZ click here.

    


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