uBid Introduces More Than 1,000 New Products and Streamlines User Interface at New Fixed-Price Electronics Superstore

FOR IMMEDIATE RELEASE:                     
UBID INTRODUCES MORE THAN 1,000 NEW PRODUCTS AT NEWLY LAUNCHED ELECTRONICS SUPERSTORE

Introduces New Streamlined User Interface to Support Customer Experience

CHICAGO, IL (December 9, 2002) – uBid, a leading business-to-consumer
e-commerce retailer and majority-owned operating company of CMGI, Inc. (NASDAQ: CMGI), announced today that more than 1,000 products have been added to its new Electronics Superstore channel since its launch during Thanksgiving week. The new product introductions are part of a rollout of more than 20,000 item introductions scheduled over the next several weeks.

In addition, uBid has redesigned its website and streamlined the customer experience by creating easier navigation with fewer tabs, clearly differentiating between the Auction and Electronics Superstore channels. The redesign eliminates overlapping categories, and makes the site more visually appealing and easier to navigate.

uBid's Electronics Superstore, which joins uBid's flagship Auction channel at www.ubid.com, features great prices on brand-name offerings in consumer electronics, computers and peripherals and expands uBid's traditional product offerings to include the hottest movie DVDs and video games – items previously unavailable to consumers through uBid's site.

Hot deals at uBid's Electronics Superstore include:
§    15" LCD monitors for only $199
§    42" plasma televisions for only $2947
§    32MB MP3 audio players for under $30
§    OO7 James Bond 7-DVD sets for only $77.99
§    Austin Powers 3-DVD gift packs for only $47.99

uBid continues to offer reduced shipping charges of $2.49 per order on any size order through the uBid Electronics Superstore channel through the holiday season. Also through the holidays, uBid's Auction channel will continue its $1 starting bid on almost all of its auctions.

"During the busiest retail season, we're affirming uBid's focus as a leading business-to-consumer pipeline for computer and consumer electronics," said Christian Feuer, President and Chief Executive Officer, uBid, Inc. "In today's competitive computer and consumer electronics marketplace, our customers are best served by expanding our product offering in these categories. Complementing our traditional auction channel, we're now providing our new Electronics Superstore featuring new, brand name computers and consumer electronics."

About uBid

uBid, based in Chicago, Ill., is a leading business to consumer auction and e-commerce retailer. Founded in 1997, uBid is committed to being the high value, low price provider of electronics on the web. The company specializes in providing customers with savings on items from leading brand-name manufacturers such as Sony, Hewlett-Packard, IBM, Compaq, AMD and more. uBid is a majority-owned operating company of CMGI, Inc. (Nasdaq: CMGI). For more information, visit www.ubid.com.

Availability of products mentioned herein may be limited and the prices specified herein are for a limited time only and are subject to change.

uBid and uBid.com are trademarks of uBid, Inc. All other products and services mentioned may be trademarks or service marks of their respective owners All amounts specified herein are in US dollars.

This release contains forward-looking statements, which address a variety of subjects including, for example, the expected ability of uBid to successfully implement and operate a fixed price e-commerce business. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uBid's success depends on the continued and increased acceptance of its website, its method of selling products, and the Internet as a medium; consumer preferences for the products offered by uBid may change rapidly; uBid's technologies may not successfully interoperate with those of third parties; and increased competition and technological changes in the markets in which uBid competes. For a detailed discussion of these and other cautionary statements, please refer to CMGI Inc.'s filings with the Securities and Exchange Commission, including CMGI's most recent Annual Report on Form 10-K.

Contact:
Beth Peterson
(708) 383-5989
cell (708) 466-3519
email: PR@ubid.com




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