Glendon Group Acquires, Inc.

Glendon Group Acquires, Inc.

REDONDO BEACH, Calif., Nov. 26, 2012 (GLOBE NEWSWIRE) -- On November 26, 2012, Inc., a leading online retailer of jewelry, was acquired by Glendon
Group, Inc. ("Glendon Group") through a merger of into a subsidiary
of Glendon Group pursuant to a previously announced merger agreement.

At's annual meeting that was held on September 27, 2012, the merger
agreement was approved by holders of a majority of the outstanding
shares as well as by holders of a majority of the outstanding shares
that are held by unaffiliated stockholders.

As a result of the merger, is a privately held company and its stock
will no longer trade on the OTCQB Marketplace.

About, founded in 1998, is a leading online retailer of jewelry. Bidz
offers its products through a live auction format as well as a fixed price
online retail store, Bidz also operates, a division of, a flash sale shopping website, offering authentic premium brand name
merchandise. Modnique offers its members exclusive access to 24-72 hour sales
events on designer apparel, accessories, shoes, and housewares and much more
at price points up to 85% below traditional retail prices.

         Tawnia Suggs
         Investor Relations
Press spacebar to pause and continue. Press esc to stop.