This agreement between eBay and SquareTrade is the culmination of a successful 4-month pilot program begun in February of this year. The pilot clearly demonstrated the value of online dispute resolution (ODR) both in creating buyer confidence in online purchasing and resolving issues related to a full range of low to high value transactions.

"We are very excited about the success of the pilot program and the announcement today. Both demonstrate that SquareTrade's highly scalable solution can provide a valuable consumer service for eBay's 15 million registered users as eBay continues to build its business," said Steve Abernethy, chief executive officer of SquareTrade. "SquareTrade's leading online dispute resolution and trust services are able to handle transactions of any dollar amount. They provide consumers and businesses, both large and small, access to the consumer protection tools necessary to confidently buy and sell online."

eBay users can currently access SquareTrade's Online Dispute Resolution Services in numerous places throughout eBay's site.

About SquareTrade
SquareTrade is the leading innovator in the development of a trust infrastructure for e-commerce transactions. SquareTrade addresses the all-important issue of building trust in e-business relationships, one of the essential enabling factors necessary to fully realize the power of the Internet and online commerce. The digitally watermarked SquareTrade Seal establishes an online seller's customer service track record, helps build buyer confidence and serves as the first line of defense against fraud. It is backed by SquareTrade's patent-pending, web-based dispute resolution service and SquareTrade's international network of more than 250 mediators and arbitrators. Founded in 1999, SquareTrade is based in San Francisco, Calif. For more information, employment opportunities or to contact a SquareTrade representative, visit www.squaretrade.com.

Note: SquareTrade is a trademark of SquareTrade, Inc.