uBid.com Sweetens Valentine's Day with A Special Offer; ''Win a Jewelry Auction and Get $20.00''

Business Wire, Jan 26, 2006

CHICAGO -- uBid, Inc. (a subsidiary of Cape Coastal Trading Corporation)(OTCBB:CCSR.ob) -- Jewelry is always a great Valentine's Day gift, especially when you can get it at 20% - 80% off retail prices. Now uBid.com is adding a sweet deal on top of their already low prices -- win a jewelry auction in time for Valentine's Day and get $20.00 off your next purchase.

uBid.com's special Valentine's Day offer is available on jewelry purchases only. Choose from thousands of new high quality items including rings, bracelets, necklaces, earrings and much more. Jewelry items range from lovely costume pieces to silver, gold and platinum items set with genuine diamonds and other fashionable colored gemstones.

"More and more people are buying high quality jewelry at uBid.com's trusted marketplace," said Tim Takesue, Executive VP of Merchandising for the company. "We strive to offer the best deals on the web. Our auctions are easy and a lot of fun too," he added.

Consumers interested in the uBid.com jewelry offer should visit www.ubid.com and click on the "jewelry" tab for more information and the complete promotion rules.

About uBid, Inc.

On December 29th, 2005, uBid, Inc. merged with a subsidiary of Cape Coastal Trading Corporation (OTCBB:CCSR.ob) and survived the merger as a wholly-owned subsidiary of Cape Coastal Trading Corporation. The company plans to change its name to uBid.com Holdings, Inc and continue uBid's business as its sole business operations. uBid, Inc. operates an online marketplace located at www.uBid.com offering new, close-out, overstock and refurbished merchandise to both consumers and businesses through a trusted auction style and fixed price format. The company provides consumers the opportunity to bid on or buy a wide variety of popular, brand name products at significant discounts. uBid.com's unique platform enables only certified suppliers and manufacturers a more efficient and economical channel for maximizing revenue of their surplus merchandise. Furthermore, uBid.com offers consumers a trusted buying environment, eliminating potential fraud by certifying all its merchants and processing 100% of all transactions between buyers and sellers.

Founded in 1997, uBid's predecessor completed an initial public offering in December 1998 and was subsequently acquired by CMGI, Inc. (Nasdaq:CMGI) in April 2000. In April 2003, uBid.com became a majority-owned subsidiary of the Petters Group Worldwide, LLC. Both CMGI and Petters Group Worldwide are shareholders in the surviving public entity.