One Two Three India.com Ltd. And Bidchaser.com Announce Strategic Relationship

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One Two Three India.com Ltd., India's premier portal, has tied up with US online auction provider, Bidchaser.com. As per the arrangement, Bidchaser.com will become the exclusive provider of One Two Three India.com's upcoming online auction channel. Bidchaser.com is an online auction and e-commerce provider based in Orlando, Fla.

One Two Three India.com Ltd., India's premier portal, has tied up with US online auction provider, Bidchaser.com. As per the arrangement, Bidchaser.com will become the exclusive provider of One Two Three India.com's upcoming online auction channel. Bidchaser.com is an online auction and e-commerce provider based in Orlando, Fla.

Commenting on this, Arvind Kajaria, One Two Three India.com's director, said that the deal indicates the company's focus in providing good online shopping opportunities for its subscribers. The latest online auction channel is expected to be operational by mid-October. However, the subscribers of One Two Three India.com and Bidchaser.com can register as merchants and start uploading their merchandise on the site. The registration and participation in the auctions will remain free until December 31 for the sellers. The service will remain free of cost to the browsers and the buyers. The participating merchants will also have the opportunity to open their own online store for a nominal charge.

Bidchaser.com has established a marketing and support office in Mumbai in anticipation of the relationship.

"We are very encouraged by the vast potential that the online auction model offers in India. With One Two Three India at our side, we will build India's most vibrant and successful online marketplace," said Leonardo Cunha, president of Bidchaser.com.

About Bidchaser.com

Bidchaser.com draws from the experience of the seasoned online auction professionals, a top-notch technical team and a firm commitment to its membership. The Bidchaser team has created an online community where experienced as well as new auction enthusiasts can exchange their goods at minimum risk in an elegant, simple and entertaining format.

About One Two Three India.com

One Two Three India.com, India's premier portal, is an India-dedicated Internet media site that offers branded Web content, serving Indians worldwide. As the leading Indian online navigational guide to the Web, One Two Three India.com is one of the largest guides in terms of users, database and reach amongst the Indian community on the Internet. The company's website is located at http://www.123india.com.

CONTACT:

Leonardo Cunha

Bidchaser, Inc.

6305 Westwood Blvd

Suite 200

Orlando, FL 32821

PHONE. 407 264 9990x203

FAX. 407 540 9525

EMAIL: webmaster@bidchaser.com

http://auctions.123india.com

Arvind Kajaria

Director

One Two Three India.com Ltd.

Tel: (91-22) 5662 4123

arvind@corp.123india.com

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Leonardo Cunha
BIDCHASER.COM
407-264-9990x203
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