Worcester, Mass.—January 17, 2000—Bulbs.com, the first company to offer secure
e-commerce specifically for the commercial light bulb market, today announced that it has closed $3.5 million in total equity in its first round of venture financing. The financing will allow the year-old company to enter its next stage of growth. In 2000, Bulbs.com will establish a distribution center, begin business-to-business direct marketing programs and aggressively hire key personnel.

The private financing was shared by venture capital investors including Arbor Venture Partners II, LLC, Ralph Wilson Equity Fund, LLC, Hexagon Investments and Grandhaven. Arbor Partners took the lead in this round of funding.

"Light bulbs and related products represent over a $10 billion industry in North America alone," said Steven Rothschild, president and CEO of Bulbs.com. "Companies can spend ridiculous amounts of time finding and ordering a product that meets the fundamental need for light. The Internet is the perfect medium to streamline the ordering process of light bulbs. With help from our investors, Bulbs.com is on the path to becoming a leader in this lucrative market."

"Business-to-business e-commerce is one of the fastest growing segments at the moment, and Steven Rothschild has already proven with Furniture.com that he can build great
e-commerce companies," said Donald Walker, Managing Director of Arbor Partners. "Bulbs.com is a smart investment for us because the company fills a market niche. Businesses are dependent on light bulbs, and Bulbs.com makes it easy for them to stay in the right light."

"We are delighted that Bulbs.com was our first co-investment opportunity, " said Skip Simms, President of Ralph Wilson Equity Fund. "It represents the qualities any technology investor would want to see, in that it is grounded in business-to-business, has a solid business plan with a real profit achievable over a reasonable period of time, and is led by someone who has done it before. "


About Arbor Venture Partners II, LLC
Arbor Venture Partners II, LLC is an Ann Arbor, Michigan-based venture capital firm that invests in companies focused on electronic commerce and Internet technologies. Founded in 1996 by Rick Crandall, Dick Eidswick, Steve Swanson, and Don Walker, Arbor Partners manages two funds, Arbor Venture Partners, LLC and Arbor Venture Partners II, LLC. Electronic commerce portfolio companies in Arbor Partners' first fund include BlueGill Technologies, e-Time Capital, Global Music Network, Stoneage.com, USinternetworking (NASDAQ: USIX), and Yack.com.


About Ralph Wilson Equity Fund, LLC
Ralph Wilson Equity Fund, LLC is a venture capital fund of funds invested on behalf of Ralph C. Wilson Jr., owner/founder of the Buffalo Bills. Ralph Wilson Equity Fund also co-invests with fund partners such as Arbor Partners.


About Bulbs.com
Bulbs.com, headquartered in Worcester, Mass. is the only online light bulb supplier to offer an easy, complete purchasing process with its proprietary eSpec™ searchable database and BulbTrack™ smart reordering technology. The company is located at 40 Jackson Street Suite 2000, Worcester, Mass, 01608, and can be reached by telephone at 508-363-2800 or on the Web at www.bulbs.com.