Bidz.com a leading online auctioneer of jewelry, announced today that according to a preliminary membership list issued on June 13, 2008, it is set to join the Russell 3000 Index when Russell Investments reconstitutes the index after the market close on June 27, 2008.

The Russell 3000 Index is market cap weighted and measures the performance of the largest 3000 common stocks incorporated in the United States and its territories. The index was constructed to provide a comprehensive barometer of the broad market. It is reconstituted annually to capture new and growing equities.

“The addition of Bidz.com to the Russell 3000 Index represents another milestone in our company’s short 10-year history,” said David Zinberg, Chief Executive Officer of Bidz.com. “Inclusion in this well known index will serve to further expand the investment community’s awareness of our achievements as we continue to grow and enhance shareholder value.”

Final membership lists for the Russell 3000 and other Russell indices will be posted on June 30, 2008.

About Bidz.com

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