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RBID - RBID.COM Inc. Acquires Exclusive US and European Licensing and Distribution Rights to Australian Home Budgeting Software, Simply Budgets
NEWPORT BEACH, Calif., April 30 /PRNewswire-FirstCall/ -- RBID.com Inc. (Pink Sheets: RBID) President and CEO, Mr. Alan Rothman, today announced that the company has acquired the exclusive licensing and distribution rights for the USA, Canada and Europe of the popular Australian home budgeting software, Simply Budgets. The unique budgeting software was created by Mr. David Wright and has sold over 22,000 copies in to date. The product has been re-configured for the US market; with the website www.simplybudgets.com currently undergoing a complete re-design. It is expected to launch by the end of June, 2007.

Commenting Mr. Rothman said: 'I am particularly delighted to announce the acquisition of the exclusive rights of Simply Budgets, as I have witnessed first-hand the phenomenal growth of this product in the Australian market. Despite limited resources and a national population one tenth the size of the United States, David Wright has managed to create an exceptionally strong and recognizable brand, capturing a significant share of the home budgeting software market in Australia. I am confident that with the added resources that RBID.com extends to the product development and sales promotion of Simply Budgets in the US and European markets, we will achieve significant sales in 2007.'

Simply Budgets creator and founder, Mr. David Wright stated, 'I am looking forward to working along side the RBID.com team. Their technical and media savvy, coupled with strong sales focused activities, will seriously enhance our ability to gain significant market share.' He added, 'Household debt is a global issue, and the majority of Americans and Europeans are experiencing the same kind of financial difficulties as their Australian counterparts. Developing the system for these new markets is an obvious next step, and I am fully committed to positioning Simply Budgets as a global brand leader in the home budgeting software categories.'

Simply Budgets has received countless life-changing testimonials from customers, catching the attention of the national broadcast and print media in Australia. Simply Budgets has been featured on Channel Nine's A Current Affair, Brisbane Extra, and Channel Seven's Today Tonight TV shows, along with other leading broadcast, newspaper and magazine publications.

About RBID.com

RBID.com, Inc. (http://www.rbid.com) is a financial IT and marketing company. RBID also facilitates the acquisition, commercialization, promotion and protection of both underdeveloped and distressed patented and/or proprietary technologies.

About Simply Budgets

Simply Budgets (www.simplybudgets.com) dedicated to delivering products and services that make a significant improvement in the financial lives of as many people in the developed world as possible. This vision includes gradually introducing a wider range of products and services including educational seminars and workshops that will bring more personal and financial benefits to clients.

'SAFE HARBOR'

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All Statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

Contact Information
Mairead Howe
RBID.Com, Inc
895 Dove Street
Newport Beach, CA 92660
Email: [e-mail]
Phone: [phone]

SOURCE RBID.com Inc.



Source: PR Newswire (April 30, 2007 - 9:45 AM EDT)

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