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SmartBargains Appoints Chief Merchandising Officer

January 4, 2006

Boston, MA, January 4, 2006 - SmartBargains, Inc. a leading online, off-price retailer, today announced the appointment of Barton Litvin to chief merchandising officer. He will be responsible for all areas of merchandising.

Mr. Litvin joins SmartBargains' management team as the company continues to broaden its product offering to millions of customers each year. More and more consumers are seeking to shop online, with recent online holiday sales up as much as 18 percent over last year (according to Jupiter Research.)

"As SmartBargains continues on its growth course, we are excited to add such a seasoned executive to our management team," said Ben Fischman, CEO of SmartBargains. "Bart's strong merchandising and leadership capabilities will be a valuable addition as we continue to strengthen and broaden our product offerings."

Mr. Litvin brings nearly 30 years of industry experience to SmartBargains, having most recently served as senior vice president and general merchandise manager of home for Boscov's department store. Prior to Boscov's, Mr. Litvin worked for Filenes in Boston. He holds a bachelors degree in History from Northwestern University.

"SmartBargains presents me with a tremendous opportunity to participate in what I believe is the future of retailing," said Litvin. "In the coming months SmartBargains will continue to delight its customers by providing even more categories of merchandise relevant to our customers' lifestyles at great prices. I look forward to working with SmartBargains' experienced buyers as we establish more partnerships with the vendor community that will leverage the vast off-price opportunity that selling on the Internet presents."

About SmartBargains Since 2000, SmartBargains has reached millions of consumers with its high-quality, off-price merchandise. SmartBargains offers superior quality goods and top brands at up to 70% off retail value, providing its customers the very best in apparel, electronics, jewelry, home goods, and much more. Visit www.SmartBargains.com for more information and a complete product selection.