BOSTON, Nov. 8, 2001 – SmartBargains today announced the acquisition and sale of the remaining inventory from the “Today Builds a House” segment partner, OurHouse.com, from NBC’s “Today” show. The gourmet kitchen and housewares items from OurHouse.com, which recently ceased operations, are now available on SmartBargains.com at the new “Chef's Boutique” in the Home Section.

The newly added inventory, which includes brands such as Calphalon, Cuisinart, KitchenAid and Krups, will be on sale at an average of 40-60% off the retail price. This sale will include over 400 items from kitchen gadgets, cookware, and bakeware, to stemware, kitchen electrics, cutlery, and serve ware. The sale, which will offer all items at discounted prices ranging from $9.99 to $199.99, will feature many items that traditionally never go on sale.

“We constantly seek out the best possible deals for our customers and are thrilled to be making these amazing houseware offerings available,” said Carl Rosendorf, SmartBargains CEO. “At SmartBargains we’re committed to having fantastic deals everyday. As the holidays get closer, we look forward to providing even more compelling reasons to visit our site time and again.”

About Smartbargains SmartBargains combines the thrill of great deals on brand-name products and the excitement of rapidly changing merchandise with the convenience of home shopping. It provides customers with a fun and easy way to shop for branded and quality merchandise at prices up to 80% off retail, making it the ultimate bargain-shopping destination. SmartBargains launched in October 2000 and is led by CEO Carl Rosendorf, formerly of BarnesandNoble.com. SmartBargains secured $33 million in first round funding. Investors include Highland Capital Partners, America Online, Dorset Capital, General Catalyst, Berkshire Partners, Madison Dearborn and Gordon Brothers Group. SmartBargains can be reached through its Web site at www.smartbargains.com or through America Online Keyword: Bargains.