Released on: July 3, 2008, 10:45 am

Press Release Author: iOffer, Inc.

Industry: Internet & Online

Press Release Summary: New feature sends a single offer to multiple sellers on
similar or matching items; generates quicker transactions in enhancing member
satisfaction

Press Release Body: San Francisco, CA -- In the consumer world, buyers want the best
deal, and sellers want their business. What better way to combine the two desires
than iOffer\'s group offers, which allows buyers to send a single offer to multiple
sellers on matching or similar items. The first seller to accept the offer wins the
buyer's business. Buyers get what they want; sellers get a quick and smooth
transaction.

Buyers may initiate group offers in several different ways. Buyers may browse or
search for an item. When they make an offer, they have the option to create a group
offer on matching or similar items from different sellers. Alternatively, they may
choose to create a group offer from their search results or shopping cart. Once
buyers create a group offer, they can sit back, relax, and wait for a seller to
respond to their offer.

To take advantage of group offers, sellers are encouraged to update their
notification settings to be notified immediately once they receive a new offer.
These notifications may be sent via their iOffer message center, personal emails,
cell phone text messages, and instant messenger applications. With updated
notification settings, sellers improve their chances to complete transactions when
more group offers are made.

Not to confuse group offers with bundle offers, group offers let buyers make offers
based on a spending budget, sending one offer price to multiple sellers to compete
for the buyer\'s business on matching or similar items, whereas bundle offers allow
buyers to make one offer price for multiple items from the same seller in a store
negotiation, just like buying clothes in a clothing store or buying grocery at a
market. These buying options are just two of many ways that characterizes iOffer\'s
continued efforts to optimize the online buying and selling experience.

The integration of group offers helps iOffer take another step forward in providing
an interactive online community for its engaging members. Creating more group offers
improve buyers\' chances of attaining an item, while sellers who remain actively
online will have the first opportunity to accept the offers, since iOffer\'s Live
Notice feature inform members who are currently online immediately of any actions
taking place regarding their offers and/or items.

In addition to group offers, iOffer provides live real-time events for members to
network and showcase their items. Members also gather in the community clubs to
assist each other and converse over common interests. Through an array of
interactive channels, iOffer is clearly satisfying its record growing number of
members.

About iOffer, Inc.

iOffer, Inc. is recognized as a leading alternative online marketplace worldwide.
Since 2001, iOffer has been changing the way online transactions are conducted,
providing a safe and friendly community for its members to buy, sell, and trade
through open negotiations. iOffer believes that active communication and
interactions are keys to the success and enjoyment of their members. For more
information, please visit www.ioffer.com.

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Web Site: http://www.ioffer.com

Contact Details: Andy Li
iOffer, Inc.
andy@ioffer.com
www.ioffer.com