RedEnvelope, Inc. (REDEQ)

[MONEYMADE]

************ALL OF THE ASSETS WERE SOLD*******


RedEnvelope, Inc. completed the sale of assets of its San Francisco-based online gift retailer, RedEnvelope.com, to Provide Commerce Inc., following a bankruptcy auction on May 27, 2008. The company was formerly known as 911 Gifts, Inc. RedEnvelope, Inc. was founded in 1997 and is headquartered in San Francisco, California. On April 17, 2008, RedEnvelope Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Northern District of California, San Francisco

and Provide formerly PVRD, is now owned by

LMCA

MK