Bidz.com, Inc. Secures up to $15 Million Line of Credit.

LOS ANGELES -- Bidz.com, Inc., a leading online auctioneer of jewelry, today announced it recently signed an agreement for a line of credit for $10 million with LaSalle Retail Finance. The credit facility includes a $5 million accordion feature, which, if requested by the Company, would increase the line of credit to $15 million. The increased liquidity will be used to further the Company's strategic growth plans.

LaSalle Retail Finance, a division of LaSalle Business Credit, LLC, specializes in asset-based lending in the U.S. and Canada for retailers who seek financing for growth, leveraged acquisitions, or refinancing of existing loans. Through global capabilities and extensive product offerings, LaSalle provides innovative and efficient business solutions to retailers.

"We are very excited about our new relationship with the LaSalle Bank. We believe that our new line of credit will allow us to expand our supplier base and improve our pricing power," said David Zinberg, Chief Executive Officer of Bidz.com. "We were impressed with the quality and professionalism of the LaSalle team, and look forward to a mutually rewarding partnership."

"LaSalle Retail Finance is pleased to provide a long term financing arrangement for this very unique, internet-based retailer. The credit facility has been tailored to meet the Company's growth plans and we look forward to assisting the management team in achieving their goals," commented Barbara Anderson, National Sales and Underwriting Director for LaSalle Retail Finance.

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 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. Please refer to Bidz.com's Form 10-Q for the quarter ended June 30, 2006 and its other 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.