iboats.com Selects uShip as Exclusive Partner for Shipping Services

Press Release | October 31, 2006

uShip to provide iboats.com customers a one-stop shop for shipping boats

Austin, TX – October 31, 2006 – iboats.com (www.iboats.com) has chosen uShip, Inc. (www.uShip.com) as the boat transport partner for its online boating marketplace. As the largest internet-based company serving recreational boaters and the marine industry, iboats.com is aware of the shipping challenges consumers and businesses face when buying or selling a boat online. As a result, it has chosen uShip to provide its users with the most options, best information and most competitive pricing available.

The iboats.com marketplace is used to help marine retailers and consumers sell their new and used boats and motors. The marketplace plays host to thousands of marine retailers and individuals with tens of thousands of boats listed for sale at any given time.

“iboats.com has an extraordinary selection of boats and the largest selection of boat parts available on the Internet - allowing people to find exactly what they want despite geography. Therefore, finding trusted boat transport service providers to deliver boats across the country is a common and important challenge for iboats.com users”, stated uShip CEO Matthew Chasen. “By partnering with uShip, the company will provide their users a one-stop shop to find the most reliable and cost effective options for shipping their boats and marine accessories.”

uShip, an online marketplace with over 30 thousand feedback-rated transportation service providers, uses a reverse-auction format that allows consumers to list items in various categories, including not only boats, but also furniture, automobiles, freight, equipment and other household goods. On average, uShip saves users 60 percent as compared to traditional transport services. By providing a single stop to find multiple marine transportation service providers, uShip reduces search time and shipping costs for its members. uShip’s feedback system provides its users with more information, and thus peace of mind, when selecting a provider.

About uShip

Founded in 2003, uShip is the first and largest online marketplace for shipping services. Members list anything they need shipped, from household goods to vehicles to freight, and receive bids from thousands of feedback-rated service providers, including movers, carriers, transporters, van lines, freight brokers and independent service providers. On any given day, there are thousands of shipments listed on uShip representing millions of dollars of business. It's totally free for members to list shipments and for service providers to place bids. uShip's reverse-auction format and patent-pending search technology dramatically reduce shipping costs by allowing service providers to find shipments along their routes and fill empty cargo space. uShip's feedback system holds service providers accountable for their service and rewards those that perform well.

About iboats

iboats.com, a privately-owned corporation based in Draper, Utah, is the largest online full-service boating retailer in North America and supports thousands of marine retailers in North America, offering them business solutions in the form of online boat-listing services, personalized web sites and e-commerce capabilities, a boat and motor leads program, and significant traffic directed to participating retailers' web sites and physical establishments. iboats also offers boating consumers over 1.2 million marine parts and accessories SKUs online.