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Technology Stocks : UBID - an IPO spinoff of Creative Computers -- Ignore unavailable to you. Want to Upgrade?


To: Daskin who wrote (551)10/28/1999 12:50:00 PM
From: Doug Coughlan  Respond to of 581
 
This is from Briefing.com today. uBid.com According to Media Metrix data, online auction site ranked in the top 15 shopping websites in the month of September with an estimated reach of 3.3%. Company also announces it was ranked in the top 10 of the 50 fastest growing
Internet companies in the November issue of Worth Magazine.



To: Daskin who wrote (551)11/6/1999 5:56:00 PM
From: Al Cano  Respond to of 581
 
uBid.com Ranked Among Top 10 Fastest Growing Internet Companies And Top 15 Shopping Sites on the Web
ELK GROVE VILLAGE, Ill., Oct. 28 /PRNewswire/ -- uBid.com (Nasdaq: UBID - news), a leading online auction and e-commerce site, today announced it has achieved new milestones. According to Media Metrix data, for the month of September uBid.com was ranked in the top 15 shopping websites with an estimated reach of 3.3 percent. In addition, uBid.com was ranked in the November issue of Worth Magazine in the top 10 of the 50 fastest growing Internet companies.

Worth's rankings focus on Internet companies with minimum annual revenue of $20 million and are equally weighted by revenue growth in dollar and percentage terms. For the 12 months ended June 30, 1999 uBid.com reported revenues of $119 million and therefore is listed as the 9th fastest growing Internet company on Worth Magazine's list. Recently the company reported revenues of $55 million for the quarter ended September 30, 1999, increasing its last 12 months revenue total to $159 million.

''We are pleased to be ranked among the top 10 fastest growing Internet companies and in the top 15 Internet Shopping sites based on estimated reach,'' said Greg Jones, President and CEO of uBid.com. ''To date, we have experienced substantial revenue growth and have been able to achieve a relatively high reach while advertising only through online media. We expect to continue to grow revenues and build on our user base by launching an offline brand advertising campaign later during the fourth quarter.''

About uBid.com

uBid.com is a leading on-line auction and e-commerce site offering brand name products to both consumers and businesses through live-action bidding using sophisticated auction technology. The company's Internet auctions feature a rotating selection of brand-name computers, consumer electronics, housewares, sporting goods and memorabilia, and jewelry.

uBid.com is committed to providing all customers with the highest-quality auction experience on the Internet and offers supplier warranties on most consumer products. uBid also meets Better Business Bureau Online standards, which give customers the confidence and security to bid safely online.

uBid.com, with headquarters in Illinois, is a publicly traded company (Nasdaq: UBID - news). For more information, visit the company's Web site at www.ubid.com .