Enable Holdings, Inc. is a leading excess inventory solutions company that links brand name sellers with customers around the globe. Previously known as uBid.com Holdings,, Inc. they recently changed their name to match their new strategy. Enable Holdings, Inc. has over ten years experience in online commerce. Headquartered in Chicago, Illinois, they trade on the OTCBB as part of the Catalog and Mail Order Houses industry in the Services sector.

Enable Holdings, Inc. provides excess inventory solutions through five sales channels. They have their online auction platform located at http://www.ubid.com. This auction website sells inventory to millions of monthly visitors. They have their fixed-price commerce solution RedTag.com, which sells excess inventory from the world’s most trusted brands. They also have their offline excess inventory solution RedTag Live!, their brick-and-mortar sale events, which provide an immediate excess inventory solution.

In addition, they have their business-to-business solution Dibu Trading Company. This wholesale trading

Enable Holdings Inc. (OTCBB: ENAB) is the leader in excess inventory solutions, linking brand name sellers with customers around the globe. The company today announced Tom Petters, chairman and CEO of Petters Group Worldwide, and Ted Deikel, veteran investor and former chairman and CEO of Fingerhut Companies, will purchase 1.5 million shares of the company’s common stock. The news follows the company’s recent announcement of a new business model, gearing up to become a comprehensive, multi-channel asset recover solutions provider.

Petters said Enable Holdings, formerly uBid.com Holdings Inc., has become a key player in the market, setting itself up for growth. “I see the potential long term value in Enable Holdings and firmly believe in the company’s new business model,” Petters stated in the press release. “They have positioned themselves well in the marketplace and as they grow, I look forward to being part of it.”

The company recently announced