PriceGrabber.com Reveals Blockbuster 2005 Online Holiday Growth Continues Strong On Cyber Monday; PriceGrabber.com Rings in the Holidays With 87 Percent Growth

Business Wire, Nov 29, 2005

LOS ANGELES -- PriceGrabber.com, a leading online comparison shopping service, unveiled Cyber Monday shopping data from its site that demonstrates the strong surge in online shopping, first reported on Black Friday, continued on Cyber Monday, as the site saw an 87% percent increase in the number of referrals sent to online merchants compared to last year's Cyber Monday.

The so-called Cyber Monday phenomenon once again played out as workers returned from the holiday weekend and took advantage of high-speed connections at the office to continue holiday shopping. PriceGrabber.com's statistics show that the peak hour of traffic was at 12:00 PM Pacific Standard Time, and was consistently busy throughout the typical work-day hours from Eastern through Pacific time zones.

According to Jupiter Research, forecasts predict that 2005 online holiday sales will reach $26 billion in the U.S., an 18 percent increase over last year. On Nov. 28, Cyber Monday, PriceGrabber sent over $200 million in sales leads to merchants with an average order referral of $386.

Peak Day For Online Traffic On PriceGrabber Still To Come

While Cyber Monday is the biggest traffic day yet this holiday season, based on previous year's performance, it is clear that the actual peak day for online shopping is still to come, with unique users and referrals for each of the first two Mondays in December likely to exceed the performance on Cyber Monday.

Shopping Trends Indicate Spike In These Categories:

Apparel: Increased by 394 percent compared to 2004

Home & Garden: Increased by 296 percent compared to 2004

Jewelry: Increased by 211 percent compared to 2004

Sporting Goods: Increased by 180 percent compared to 2004

Electronics: Increased by 44 percent compared to 2004

-- PriceGrabber data based on merchant referrals on 11/25.

About PriceGrabber.com

PriceGrabber is a leading provider of online comparison shopping services that allows millions of consumers to search and compare information about products, services, merchants and sellers in order to make an educated purchase decision. Through continued innovation and consistent focus on providing the best comparison shopping experience on the Internet, PriceGrabber has established itself as one of the most trusted and effective online destinations for savvy shopping. By using PriceGrabber, shoppers can instantly find and compare millions of unique products and services from thousands of merchants and sellers in 22 product and service channels, thereby enabling users to find the right product/service from the right merchant/seller at the best price. Millions of online shoppers have saved considerable time and money by making PriceGrabber an integral part of their shopping process. The company also powers comparison shopping functionality for a network of leading Internet sites, including MSN Shopping, AskJeeves, About.com and Comcast, thus providing millions of users across these sites access to the PriceGrabber comparison shopping solution. The company offers comparison shopping in English (at www.pricegrabber.com), Spanish (at www.preciomania.com) and Portuguese (at www.precomania.com) as well as international sites in Canada and the United Kingdom. PriceGrabber is headquartered in Los Angeles.

PriceGrabber is a registered trademark, and PriceGrabber.com and BottomLinePrice are trademarks of PriceGrabber.com, LLC. Other trademarks or registered trademarks are the property of their respective owners.