BIDZ.COM Extends Deadline for Merger Closing to October 3

As previously announced, on September 27, 2012, BIDZ.com, Inc. (BIDZ), a leading online retailer of jewelry, held its annual meeting of stockholders. At the annual meeting, each proposal presented at the annual meeting was approved by the required vote of Bidz.com stockholders, including the adoption of the merger agreement with Glendon Group, Inc. As previously announced, each condition to Glendon Group's obligation to close the merger has been satisfied.