FreeShop.com Adds More Than 50 New Clients, Including Sears Home Central, Boo.com, And Ediets

Market Wire, 20050229

FreeShop.com, Inc. (NASDAQ: FSHP), a leading online direct marketing network, today announced it has added more than 50 new clients for its customer acquisition services over the last month, bringing its total number of FreeShop Network clients to over 500. New clients include Sears Home Central, Boo.com, eDiets, Blink.com, and Pacific Crest Outward Bound.

"We continue to be thrilled with our growth in clients," said Tim Choate, Chairman and CEO of FreeShop.com. "FreeShop has a powerful model that drives significant new customers to our clients, which now include many of the biggest marketers in America."

Additional new clients of FreeShop include e-Save.com, Peet's Coffee & Tea, Create-A-Book, Kiss.com, SpotOn.com, Nova International, Driveittoday.com, and eVoice.

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 (www.freeshop.com), featuring over 1,000 free and trial offers; Desteo (www.desteo.com), offering over 15,000 free travel brochures and other travel planning resources; CatalogSite (www.catalogsite.com), offering hundreds of free catalogs; Free Magazine Shop (www.freeshopmagazines.com), offering 90-day trial incentives for nearly 1,000 magazine subscription titles; and FreeShop Coupons and Deals (www.freeshopcoupons.com), featuring over 35,000 national and local coupons. FreeShop.com is headquartered in Seattle, Washington, and publicly traded on NASDAQ: FSHP. For more information, please visit 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 ability and anticipated timing for the company to achieve profitability, the expected results or success of particular programs or undertakings and 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 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 the company's 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 Annual Report on Form 10-K, dated March 31, 2000, and other reports and filings, 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.