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RBID Veteran Entrepreneur and CEO Elliott Kusel Joins RBID.Com, Inc. Board of Advisors
Last Update: 9:45 AM ET May 8, 2007

NEWPORT BEACH, Calif., May 8, 2007 /PRNewswire-FirstCall via COMTEX/ -- RBID.Com, Inc. (Pink Sheets: RBID) CEO and president, Mr. Alan Rothman, today announced the appointment of veteran entrepreneur and CEO, Mr. Elliott F. Kusel, as the newest member to the RBID.Com Board of Advisors. Mr. Kusel has over fifty years experience in building successful multimillion dollar private and publicly listed companies, i.e. the wholesale electronics distribution industry, and the wholesale and retail optical industries. He is currently founder and CEO of Maverick Gaming, Inc., an entertainment enterprise incorporating a unique television show utilizing a poker theme format.

Commenting on the appointment, Mr. Rothman stated, "We are honored that Elliott F. Kusel has agreed to join the RBID Board of Advisors. His business savvy and keen visionary qualities are outstanding. He is an established and proven leader with a unique talent to focus on the day-to-day minutiae of running a large corporation, whilst leading a large workforce towards achieving a bigger vision."

Mr. Kusel commented: "I am delighted to be invited onto the board, and be considered a valued associate of RBID. I eagerly enter into this association and look forward to a long and most prosperous relationship."

Rothman concluded, "I believe that based on his education, background and experience, Mr. Kusel will inspire and guide us as we continue to grow the business, and identify new acquisition target companies that are synergistic to our goal of creating significant market share for our financial software, educational and wealth creation products."

Mr. Kusel founded the successful electronic components distribution firm, Atlas Electronics, Inc. in 1958 with his then partner, mentor and friend, Mr. Leon Machiz. Within ten years (1968) Kusel built Atlas into a firm with $20-million in annual revenues. Atlas was subsequently acquired by Sterling Electronics, an American Stock Exchange listed company. Mr. Machiz moved on to become the CEO and chairman of Avnet, Inc. (AVT), while Mr. Kusel founded and became the CEO of Majesco, Inc., a bio-medical products manufacturing company.

About RBID.com, Inc.
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. RBID.Com, Inc. has the exclusive US and European licensing and distribution rights to the home budgeting software, Simply Budgets ( www.simplybudgets.com ).

"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.
Mairead Howe of RBID.Com, Inc., [phone], [e-mail] http://www.rbid.com Copyright (C) 2007 PR Newswire. All rights reserved