FreeShop.com Adds 40 New Clients Including Investor's Business Daily, Furniture.com And Paytrust™

Market Wire, 20050229

FreeShop.com, Inc. (NASDAQ: FSHP) today announced it added 40 new clients for its customer acquisition services over the last month. This means consumers can now choose from a wide range of offerings from nearly 400 companies featured on FreeShop.com's main Web site at www.freeshop.com. New clients include Investor's Business Daily, Furniture.com, Paytrust™, IPO.com, and etera.com.

"Marketers across the nation are realizing the power of FreeShop and our proven customer acquisition model," said Tim Choate, FreeShop.com's president and CEO. "We have generated millions of orders for marketers of all kinds and are delighted with our continued growth in traditional and online marketer clients."

Additional new clients of FreeShop.com include Booksonline.com, overstock.com, Fossil, @Backup, Select Comfort Corporation (SCSS) and Ambrosia.

About FreeShop.com, Inc.

FreeShop.com is a leading online direct marketing network, specializing in customer acquisition for marketers. Consumers seeking to explore, learn about or try new products can choose from a variety of free, trial and promotional offers from hundreds of well-known companies. The FreeShop Network includes FreeShop.com (http://www.freeshop.com), featuring free and trial offers; CatalogSite (http://www.catalogsite.com), offering hundreds of free catalogs; and Worldwide Brochures (http://www.wwb.com), offering over 15,000 free travel brochures. FreeShop.com is headquartered in Seattle, Washington, and publicly traded on Nasdaq:FSHP. For more information, please visit http://corporate.freeshop.com.

This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Such statements include comments regarding the future rate of growth of FreeShop.com. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include, without limitation, fluctuation of our operating results, the ability to compete successfully and the ability to integrate acquired companies. For additional factors that may cause actual results to differ materially from those contemplated by such forward-looking statements, please see the "Risk Factors" described in the Company's Prospectus, dated September 27, 1999, which Risk Factors are incorporated herein as though fully set forth. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.