Bidville, Inc. Completes $2.5 Million Financing Substantially Above Current Market Price to Compete in Marketplace Dominated by eBay

Business Wire, May 17, 2005

CLEARWATER, Fla. -- Bidville, Inc. (OTCBB:BVLE), a rapidly growing online auction company and an alternative to eBay (Nasdaq:EBAY), announced today that it has completed a $2.5 Million financing at a price approximately 50% above the market price of its common stock on the closing date. The financing will be obtained through the issuance of non-voting preferred stock, convertible into shares of the Company's common stock at a price of $.60 per share

"Bidville has structured this financing primarily to support the launch of Bidville's next stage of marketing and advertising programs scheduled over the next twelve months," stated Michael Palandro, President and CEO of Bidville. "In addition, this funding will reinforce existing projects, continue to develop new opportunities and allow Bidville to stay committed to its loyal community of registered members and shareholders. Along with the proactive and consistent support of our financial partners, we believe increases in the current growth rate, opportunities for continued business development and continued website advancements, will allow the Company's growth and earnings potential to continue to be positively recognized by the marketplace," added Michael Palandro.

A Director of the investor, Delmount International, Ltd., commented: "We have monitored Bidville very closely for more than six months and have been in constant touch with the management. We are very impressed by the progress the company has made and are very bullish about the outlook of the company. We have analyzed the competition very closely and believe that Bidville has a very bright future and will continue to grow very strongly. We further believe that the stock price is undervalued and have, by making this investment, taken advantage of this buying opportunity."

Bidville recently announced significant growth and activity on its website, due in part to substantial fee increases implemented by eBay (Nasdaq:EBAY) in February 2005. Bidville has realized consistently notable growth throughout the last year, particularly in the key area of registered users - increasing over 1,000% to almost one million members. In addition, items listed daily on the website have increased over 170% to approximately three million items. Recently expanded, Bidville's website currently has over three million items listed daily in more than 7,200 categories and through approximately 600 storefronts.

About Bidville

Bidville, Inc., a Nevada corporation, was founded in 1999 as an online auction alternative to eBay (Nasdaq:eBay). The company provides unique user features, such as Storefronts, Watch List, Image Gallery, and fixed price listing options. Bidville is headquartered in Clearwater, Florida U.S.A. For further Company and product information, please visit the Company's website at http://www.bidville.com. Additional information, including current financial data, is available in the company's current Securities and Exchange Commission filings.

All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

For further information regarding risks and uncertainties associated with Bidville's business, please refer to the Company's filings with the Securities and Exchange Commission (SEC), including, but not limited to, its periodic reports on Forms 10-KSB and Form 10-QSB, and its Current Report on Form 8-K filed on May 16, 2005 describing the details of this transaction, all of which may be obtained through the SEC's website at: http://www.sec.gov; or by accessing Bidville Investor Relations information on the Company's website at: www.bidville.com/help/investorrelations.htm; or by directly contacting Bidville's investor relations department via e-mail at: investorrelations@bidville.com.