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Bidz gets listed on Nasdaq

June 06, 2007

Culver City, Calif.—Jewelry auction site Bidz.com has announced that its common stock has been approved for listing on the Nasdaq capital market, and that the company's stock will begin trading under the ticker symbol "BIDZ" beginning today.

"We are extremely pleased that our listing application has been approved," Bidz Chairman and Chief Executive Officer David Zinberg said in a statement. "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."

Founded in 1998, Bidz offers its products through a live auction format requiring only a $1 minimum opening bid. It was listed as number 35 on National Jeweler's $100 Million Supersellers list, which ranks U.S. retail jewelry companies that sold $100 million or more in jewelry and watches in 2006.
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