Monstermoving.com Selects UBoxes to Power Moving Supplies Center; UBoxes Reinvents the Model for the Moving Boxes Industry

Business Wire, Nov 3, 2004

MIAMI -- UBoxes LLC, a leading online source of moving supplies, and the nation's leading independent corrugated cartons manufacturer selling direct to residential consumers, today announced an online retail agreement with Monstermoving.com, a brand extension of Monster(R), the flagship brand of Monster Worldwide, Inc. This agreement positions UBoxes to power the moving supplies center of the Monstermoving.com site and its affiliate sites, enhancing Monstermoving's services offering and giving Monstermoving clients direct access to UBoxes' factory direct catalog of moving boxes and supplies.

"UBoxes has set itself apart by challenging long-held industry practices relating to pricing and end-consumer focus," said Ruben Pinchanski, co-founder of UBoxes. "Our manufacturer-direct model enables us to realize significant cost efficiencies, and our product line is designed to fulfill one-stop shopping needs of consumers."

The traditional business model for the moving boxes industry involved a manufacturer, and often several layers of distribution middlemen, each adding cost to the end product. UBoxes has reinvented the industry model by selling direct from the mill. Manufacturing, warehouse and fulfillment and consumer distribution operations are performed under one roof, eliminating increased costs of external distribution layers.

The UBoxes product offering allows consumers to fully define their own solution by purchasing moving kits pre-configured for a particular home, or allowing them to "build-their-own-kit" of moving boxes and supplies direct from the factory. All boxes and supplies are shipped free.

"We immediately recognized synergies with the forward-thinking business model of UBoxes," said Sam Tharp, Vice President and General Manager of Monstermoving.com. "Not only did UBoxes pioneer an altogether new pricing strategy, but their product offering has the right orientation for an online market. By leveraging their offering directly through Monstermoving.com, we believe we can provide our customers with the ultimate combination of customer-tailored, high-quality products, at potential cost savings of hundreds of dollars."

"Building a strategic partnership with industry leader Monstermoving.com presents a natural fit with the UBoxes approach and philosophy," said Pinchanski. "The Monster.com model literally changed the way that people seek new career opportunities in today's world. We have similarly redefined our industry, setting the future direction for how people on the move will obtain moving boxes and supplies directly from the factory."

About UBoxes

UBoxes, LLC is a leading online source of moving boxes and supplies, headquartered in Miami, Florida. It offers a simplified one-stop shopping experience for all moving boxes and accompanying supplies, at manufacturer-direct pricing and free shipping. As manufacturer, distributor and e-tailer, UBoxes is committed to remaining the world's ultimate factory direct moving supplies provider with a selection of over 2,000 products at the lowest pricing. For more information, visit www.uboxes.com

About Monstermoving.com

Monstermoving.com is a leading online source of relocation information and a brand extension of Monster(R), the flagship brand of Monster Worldwide, Inc. It offers comprehensive moving-related services and tools designed to reduce the time, cost and stress associated with moving. Monstermoving.com serves as the largest relocation/moving portal in the world. For more information, visit www.monstermoving.com