SOURCE: buySAFE

September 13, 2005 08:30 ET

Six Highest Feedback-Rated Sellers on eBay Using buySAFE®

buySAFE Seal Combined With Feedback Helps Drive Sales for Top Sellers

ARLINGTON, VA -- (MARKET WIRE) -- September 13, 2005 -- buySAFE®, the world's leading e-commerce bonding service, announced that the top six eBay User ID's, as measured by highest feedback scores* in the month of August, are all using buySAFE to bond their transactions. These Bonded Sellers™ -- GlacierBayDVD, JayandMarie, Everydaysource, eforcity, iTrimming and accstation -- have a combined feedback score of more than 1.3 million unique positive feedbacks and a total of 2.6 million feedbacks from eBay transactions.

"We are thrilled that the most successful and savvy sellers online have chosen to use buySAFE to help drive sales and increase customer satisfaction," said Jeff Grass, CEO, buySAFE. "Even with excellent feedback ratings, online merchants are finding that many consumers are still wary of issues such as fraud and misrepresentation. When a potential customer sees the buySAFE Seal on a merchant's listings, it tells them that they are among the best on the Internet, and that the transaction is guaranteed up to $25,000. This peace of mind translates into more buyers and increased sales for our Bonded Sellers."

Bonded Shopping is buySAFE's solution to the biggest challenge facing e-commerce today: knowing who to trust. When shoppers see the buySAFE Seal, they know that the merchant is trustworthy, reliable and can financially meet the terms of the sale. The Seal also indicates that the seller's transaction is backed by a guarantee that includes a surety bond of up to $25,000 on each transaction.

In addition to having the ability to carry the buySAFE Seal on their listings, Bonded Sellers also receive exclusive placement on the buySAFE Bonded Shopping Network (www.buySAFEshopping.com), buySAFE's one-of-a-kind shopping site that combines all Bonded Items™ from eBay and Overstock Auctions in a single location. Currently, buySAFE Shopping features approximately 1.6 million items

"GlacierBay is a major retailer of discount DVDs and music, which can be a crowded marketplace on eBay," said Randy Smythe, CEO, GlacierBay DVD. "While our excellent feedback score of ninety-nine percent provides our repeat customers with peace of mind, buySAFE helps us to turn new buyers into customers, which in turn grows our business."

About buySAFE

buySAFE, Inc. helps to create a safe and stress-free online shopping environment through Bonded Shopping -- the only program that qualifies merchants, identifies reputable online businesses with the buySAFE Seal, and uses surety bonds to provide protection for individual buyers from online transaction risks. buySAFE also benefits online merchants by signaling that they are reputable and trustworthy, thereby increasing profit opportunities. All Bonded Items can be found at buySAFEshopping.com. buySAFE is headquartered in Arlington, Virginia. More information is available at www.buysafe.com.

* According to August 2005 Nortica 500 list.

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